TMI BlogPolicy for Private Investment in Rail Infrastructure through Domestic and Foreign Direct InvestmentX X X X Extracts X X X X X X X X Extracts X X X X ..... e Notification No. S.O. 2113(E), dated 22 August 2014, has reviewed its policy for private investment in rail infrastructure and amended the list of industries reserved for public sector under item No. 8 of Schedule I of the Notification No.S.O.477(E) dated 25 July 1991. Accordingly it has been decided to permit FDI in the following activities of the Railway Transport sector: Construction, operation and maintenance of the following: (i) Suburban corridor projects through PPP, (ii) High speed train projects, (iii) Dedicated freight lines, (iv) Rolling stock including train sets, and locomotives/coaches manufacturing and maintenance facilities, (v) Railway Electrification, (vi) Signaling systems, (vii) Freight terminals, (viii) Passeng ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ery Business, including Government /private lottery, online lotteries, etc. (b) Gambling and Betting, including casinos etc. (c) Chit funds (d) Nidhi company (e) Trading in Transferable Development Rights (TDRs) (f) Real Estate Business or Construction of Farm Houses (g) Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes (h) Activities/sectors not open to private sector investment: e.g: (I) Atomic energy and (II) Railway operations (other than permitted activities mentioned in para 6.2). Foreign technology collaboration in any form , including licensing for franchise, trademark, brand name, management contract, is also prohibited for Lottery Business and Gambling and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the industrial park, and include facilities of power, roads (including approach roads), railway line/sidings including electrified railway lines and connectivities to the main railway line, water supply and sewerage, common effluent treatment, common testing, telecom services, air conditioning, common facility buildings, industrial canteens, convention/conference halls, parking, travel desks, security service, first aid center, ambulance and other safety services, training facilities and such other facilities meant for common use of the units located in the Industrial Park. 3.3 A new paragraph is inserted below paragraph 6.2.16 as below: Sl. No. Sector/Activity % of Equity/F ..... X X X X Extracts X X X X X X X X Extracts X X X X
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