{"id":458518,"date":"2021-12-27T10:11:44","date_gmt":"2021-12-27T04:41:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=458518"},"modified":"2021-12-27T11:21:50","modified_gmt":"2021-12-27T05:51:50","slug":"inside-indian-railways-rs-700-crore-a-year-gamble","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/inside-indian-railways-rs-700-crore-a-year-gamble\/","title":{"rendered":"Inside Indian Railways&#8217; Rs 700 crore a year gamble"},"content":{"rendered":"<p>The Indian Railways has taken a gamble, deciding to forgo close to Rs 700 crore a year that it collects from companies running freight businesses on its network. Under a new cargo policy, which came into effect on December 15, owners of private sidings, or short railway tracks, and private freight stations \u2014 about 1,200 in total\u2014 will no longer have to pay land licensing fees for using railway tracks that connect their private sites to the nearest rail line.<\/p>\n<p>However, this pre-Christmas gift comes with a caveat. The Railways reserves the rights to allow another private terminal to share the same track. In other words, the connecting railway line, built with the resources of a freight terminal owner, will now be railway property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian Railways has taken a gamble, deciding to forgo close to Rs 700 crore a year that it collects from companies running freight businesses on its network. Under a new cargo policy, which came into effect on December 15, owners of private sidings, or short railway tracks, and private freight stations \u2014 about 1,200 in total\u2014 will no longer have to pay land licensing fees for using railway tracks that connect their private sites to the nearest rail line. However, this pre-Christmas gift comes with a caveat. The Railways reserves the rights to allow another private terminal to share [&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":[130,258,136],"tags":[],"class_list":["post-458518","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458518","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=458518"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458518\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=458518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=458518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=458518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}