February 17, 2019

Posts Tagged “Funding Assistance to Railways”

LIC presents the cheque of Rs.2000 crore for Funding Assistance to Railways

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The Union Minister for Railways, Suresh Prabhakar Prabhu addressing at the handing over function of the cheque of Rs. 2000 crore by the Life Insurance Corporation (LIC) to the Railway PSU Indian Railway Finance Corporation (IRFC) towards financial assistance to Railways.
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Life Insurance Corporation (LIC) presented the cheque of Rs.2000 crore to Railway, Indian Railway Finance Corporation (IRFC) for funding assistance to Railways for its projects. The move marks the beginning of institutional financing becoming available for Railway Projects.   Suresh Prabhakar Prabhu, Minister of Railways pointed out that finding resources for investment in capacity enhancement…

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