Railways issues policy on goods-shed development

MALIGAON, OCTOBER 19 (MExN): The Northeast Frontier Railway (NFR) today informed that in order to augment terminal capacity, Indian Railway has recently issued policy guidelines for setting up of new goods-shed facilities and developing existing goods-sheds through private participation by allowing Development of Goods-sheds at small/road-side Stations through Private Investment.

As part of the new guidelines, private parties are permitted to develop goods wharf, loading/unloading facilities, facilities for labour (resting space with shade, drinking water, bathing facilities, etc) approach road, covered shed and other related infrastructure. The facilities are to be created/developed by the private party through its own investment.

All developments for the proposed facility will be as per approved Railway designs, and to be constructed according to approved Railway standards and specifications. Railways shall not levy any departmental or any other charges for the construction.

The facilities created by the private party shall be used as common user-facility, and no preference or priority will be granted to the traffic of the party over the traffic of other customers. Responsibility for maintenance of assets and facilities created shall be vested with the party during the agreement period.

Incentives under the scheme include: Share in the Terminal Charges (TC) and Terminal Access Charges (TAC), as the case may be, for all the inward and outward traffic dealt at the goods-shed for five (05) years, from the date of completion of the work.

Additional revenue for party through - utilization of available space for establishing small canteen/tea-shop, advertisements, etc is also worked out.