(a) whether the Railways have signed a MoU with the Ministry of Urban Development recently for development of 500 Railway stations in the country;
(b) if so, the details thereof;
(c) the salient features of the MoU; and
(d) the time by which the work on the agreement is likely to be started and completed?
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS
(SHRI RAJEN GOHAIN)
(a) to (d): A Statement is laid on the Table of the House.
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STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (d) OF UNSTARRED QUESTION NO.120 BY SHRI SHRIRANG APPA BARNE, SHRI DHARMENDRA YADAV, SHRI VINAYAK BHAURAO RAUT, SHRI RAHUL SHEWALE, SHRI ADHALRAO PATIL SHIVAJIRAO, DR. SHRIKANT EKNATH SHINDE, SHRI JITNDRA CHAUDHURY AND SHRI R. DHRUVA NARAYANA TO BE ANSWERED IN LOK SABHA ON 16.11.2016 REGARDING DEVELOPMENT OF RAILWAY STATIONS.
(a) to (d): An MOU has been entered into between Ministry of Railways (MOR) and Ministry of Urban Development (MOUD) for integrated planning of railway stations in the cities included in the ‘SMART Cities’ and AMRUT scheme. This would lead to an integrated public transit hub around the railway stations and encourage Transit Oriented Development.
Each Smart City has incorporated a Special Purpose Vehicle (SPV) to execute the Smart City Plan. The SPV may form a joint venture company with an MOR-designated entity to implement railway station redevelopment projects in that city and in its suburbs.
Another form of joint venture could be between the MOR designated entity, the Smart City SPV and the National Building Construction Corporation Ltd. (NBCC), a Public Sector Undertaking under MOUD.
Besides above two models, MOUD and MOR may decide jointly about any other mutually agreed model if considered necessary.
As these projects are complex in nature and require detailed techno-economic feasibility studies, no time frame has been presently set for completion of these projects.
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