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300 New Cargo Terminals To Boost Railway Revenue

The Union Cabinet approved a policy on long-term leasing of Railways’ land and 300 Gati Shakti cargo terminals over the next five years. Railways will gain an incremental revenue of at least ₹30,000 crores per annum from freight services when 300 Gati Shakti cargo terminals will be operational, officials said.

  • Union Cabinet planned 300 terminals which may generate employment for 30,000 people directly and 90,000 indirect jobs.
  • The new policy will help in providing land leases for a longer period of up to 35 years as against five years at present.

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