Mamata woos industry to invest in Railways

The unexpected rain in the capital on Wednesday afternoon undoubtedly played spoilsport. So while railway minister Mamata Banerjee did go ahead with her scheduled interaction with trade and industry representatives and made her customary pitch for private sector participation in the railways, the rain appeared to have acted as a dampener for the event.
The unceasing drizzle forced a shift in venue from the sprawling lawns of the railways “Eco Park” in the capital’s swish Chanakyapuri area to the small confines of the Rail Museum auditorium in the same area. During a two-hour interaction, the minister called upon the private sector to invest in the railways. As she told the gathering, “The railways is ready business in which the industry can invest and there are earnings for both.”
And she tried to reach out to the industry in her usual frank, forthright and matter-of-fact manner.

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Address terror, Rao tells Pak
age correspondent
New Delhi

Nov. 24: India on Wednesday made it clear to Pakistan that in order to have a “comprehensive, serious and sustained” dialogue, it should address India’s terrorism-related concerns in an “effective and transparent” manner. India also committed itself to take a relook at existing bilateral visa agreement to ensure travel by genuine businessmen, which according to Pakistan is a hurdle to trade. India also sought the most favoured nation status for trade to flourish.
Indian foreign secretary Nirupama Rao while addressing a conference on “India-Pakistan Economic Relations: Prospects and Challenges” said, “For the dialogue to be comprehensive, serious and sustained, Pakistan must also address our terrorism-related concerns in an effective and transparent manner.” She added, “We are also open to looking at the existing bilateral visa agreement that was signed in 1974 to facilitate travel by bonafide businessmen from both countries.” On Indo-Pak talks that was held in July, Ms Rao said, “There were a number of proposals we had put on the table and one of them was for the high officials, commerce secretaries of two countries to meet and discuss outstanding issues...”

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