Keeping that in mind, more than 500 railway stations in
the country will ‘smarten up’ with better passenger amenities, easy
access and integrated public transport hubs.
Stations to be upgraded
The validity of the MoU is five years and can be extended with the consent of both the ministries
A
Memorandum of Understanding (MoU), signed between the Urban Development
Ministry and the Railways on Wednesday Oct 19,2016, expects to redevelop railway
stations and surrounding areas under the Smart City plan.
To begin with, 100 railway stations and an adjoining area of 300-800
acres would be redeveloped in the Smart Cities and the Atal Mission for
Rejuvenation and Urban Transformation (AMRUT) Cities plans.
At
present, railway stations in 10 cities could be taken up for the
redevelopment with the involvement of the National Buildings
Construction Corporation (NBCC).
They are Varanasi,
Sarai Rohilla (Delhi), Bhubaneswwar, Lucknow, Varnasi, Jaipur, Kota,
Thane, Margao (Goa), Tirupati and Puducherry.
Minister
for Railways Suresh Prabhu said that railway stations, which are at the
core of city development, have become congested over time.
Their
redevelopment offers immense opportunities for the changing city
landscape. Mr. Prabhu said that countries like Germany, France, Japan,
South Korea, the U.K. and Belgium have shown interest in the
redevelopment of railway stations.
A meeting of domestic and overseas
bankers will be organised next week to discuss the financing of these
redevelopment projects.
The scope of the MoU will be
extended to over 500 cities in time.
The cost of redeveloping about 500
acres in the Smart City Plans of 60 approved cities is approximately
Rs. 1,500 crore.
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