{"id":443562,"date":"2021-10-20T10:32:00","date_gmt":"2021-10-20T05:02:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=443562"},"modified":"2021-10-20T11:29:21","modified_gmt":"2021-10-20T05:59:21","slug":"railways-shuts-down-9-year-old-joint-venture-company-irsdc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/railways-shuts-down-9-year-old-joint-venture-company-irsdc\/","title":{"rendered":"Railways shuts down 9-year-old joint venture company IRSDC"},"content":{"rendered":"<p>Even as the Railways aggressively puts station redevelopment on top priority, it shut down its nine-year-old special purpose vehicle (SPV) for the job, the joint venture company Indian Railway Station Development Corporation Limited (IRSDC) on Monday without any prelude.<\/p>\n<p>The station development project, as per the order, will go to respective zonal railways now \u2014 basically going back to the old system.<\/p>\n<p>The order from the Railway Ministry said that all documents and current contracts are to be transferred to the respective zonal railways. <\/p>\n<p>The government has taken up redevelopment of 50 major railway stations on priority basis besides having plans for all busy stations to undergo an overhaul with private participation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as the Railways aggressively puts station redevelopment on top priority, it shut down its nine-year-old special purpose vehicle (SPV) for the job, the joint venture company Indian Railway Station Development Corporation Limited (IRSDC) on Monday without any prelude. The station development project, as per the order, will go to respective zonal railways now \u2014 basically going back to the old system. The order from the Railway Ministry said that all documents and current contracts are to be transferred to the respective zonal railways. The government has taken up redevelopment of 50 major railway stations on priority basis besides having [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-443562","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=443562"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443562\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=443562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=443562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=443562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}