Ministry of Railways sets up state government JVs

Q.  To meet growing demands for new projects and ongoing projects, which ministry has initiated a scheme of project development?
- Published on 10 May 16

a. Ministry of Defence
b. Ministry of Power
c. Ministry of Railways
d. None of the above

ANSWER: Ministry of Railways
 
Ministry has initiated a scheme of project development, financing and monitoring through the formation of SPVs with state governments.
  • MoU for setting up a Joint Venture has been signed with Odisha, Maharashtra, AP, Kerala, Telangana and Chhattisgarh

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