Key Points
The Indian Railways is revamping the Gati Shakti Cargo Terminal (GCT) policy to increase private sector participation in setting up freight-oriented infrastructure, said people with knowledge of the matter...
Guidelines will soon be issued to lower costs for private players in the development of new GCTs, they said...
The national transporter is already on course to achieving its target of setting up 100 GCTs and the proposed changes are likely to help in this regard, the people said...
Further, the railways will not insist on upgraded traffic management infrastructure if the need for it does not arise at terminals where much load is not expected...
The GCT policy was launched in 2021 to encourage private sector participation in developing terminals and integrating modern technology for freight management..
