Karnataka govt to take up PPP route for future railway projects

As the railway projects in the state are getting delayed though the state government is funding more than 50 per cent of the project costs without getting anything in return, the government is mulling over the possibility of undertaking the railway projects on public private partnership (PPP) basis to ensure that the priority projects are completed in time to earn returns.

The state government is holding deliberations over investing in the railway projects after a private consultant, Vivek Singh of Invest Capital Advisers, suggested it in his presentation that highlighted the various benefits of such investments.