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Govt planning to change guidelines to monetise railways' assets Govt planning to change guidelines to monetise railways' assets

Govt planning to change guidelines to monetise railways' assets

Jan 14, 2018

India International Exchange listed the first bond on its Global Securities Market with Minister of Railways and Coal, Piyush Goyal ringing the gong.

The bonds issued by Indian Railways Finance Corporation are one of the highest credit rated bonds issued by an Indian corporate and has been IRFC's first foray into the Green Bond market.

Union Railways Minister Piyush Goyal said that Indian Railway Finance Corporation (IRFC) in the days to come is going to expand its footprint  into the newer lines of business and will be able to use its Minimum Alternate Tax better.

Railways Minister also said that government is seriously considering to change some of the guidelines to monetise the assets of railways.

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