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Yogi Adityanath says,policies to invest in Uttar Pradesh most attractive.

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Uttar Pradesh Chief Minister Yogi Adityanath said that the state has the most attractive policies to attract investment. Yogi Adityanath was presented the preparations being made in connection with the webinar (online seminar) being organized by the Department of Information Technology and Electronics at his official residence on May 28 by the Invest India Exclusive Investment Forum.

On this occasion, the Chief Minister said that the most attractive investment related policies exist in the state to attract investment in the state. These should be changed as and when required for the purpose of attracting investment. The availability of land should be ensured easily to interested investors. Also, they should be given detailed information about the benefits of investment in Uttar Pradesh. Yogi Adityanath said that investors should be informed in detail about the infrastructure facilities, expressway network, huge market, availability of skilled manpower etc. present here.

The Chief Minister said that investors should also be made aware of the strong air connectivity in the state. Information should also be given about the positive atmosphere created by the present government for investment. The law and order of the state has been streamlined, which is very important for investment and industrial development.

He said that the state government is committed to the industrial development of the state and is ready to provide all possible assistance to the investors. Investing in the state by any investor will prove to be very beneficial for him in future because investing in Uttar Pradesh provides a huge market for industries. Informing Yogi about the preparations for the webinar, Principal Secretary Information Technology and Electronics Alok Kumar said that a presentation regarding electronics system design and manufacturing has been prepared and sent to Invest India. Also, other preparations are being made in this regard. 

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For Operation Of Passenger Train Services,Ministry of Railway Invites Private Participation.

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The Ministry of Railways has issued a notification inviting Request for Qualifications (RFQ) for private participation for operation of passenger train services over 109 Origin Destination(OD) pairs of routes through introduction of 151 modern Trains (Rakes).

It has been stated by the Ministry that the 109 OD Pairs have been formed into 12 Clusters across the Indian Railway network. Each Train shall have a minimum of 16 coaches.

Majority of the trains will be manufactured in India while the project would entail private sector investment of about Rs 30,000 crore and the private entity will be responsible for financing, procuring, operation and maintenance of the trains.

Trains shall be designed for a maximum speed of 160 kmph which will make it faster than the fastest train of Indian Railways operating in the respective route.

Being the first initiative of private investment for running Passenger Trains over Indian Railways network, the objective of this initiative is to introduce modern technology rolling stock with reduced maintenance, reduced transit time, boost job creation, provide enhanced safety, provide world class travel experience to passengers, and also reduce demand supply deficit in the passenger transportation sector.

The Concession Period for the project shall be 35 years.

These trains shall be operated by the Driver and Guard of Indian Railways. Further Operation and maintenance of the passenger trains would be governed by standards and specifications and requirements specified by Indian Railways.

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