100% FDI in Railways certain to come up in Budget?

Stocks of companies associated with Railways are zooming ahead as there are news circulating that the central government is almost certain to announce permitting 100% FDI in Railways in the upcoming Railway budget to be submitted in the upcoming monsoon parliament session. High speed rail systems, dedicated freight carrier networks, few suburban rail networks will be opened up along with the already allowed area of mass rapid transport systems. President’s address to the Joint Houses too mentioned these areas as priority zones for the government.

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