France To Offer 7 Lakh Euros To India For Railway Station Development



Indian Railway Station Development Corporation has entered into a tripartite agreement with  French Development Agency AFD and French National Railways SNCF, under which a grant of 7 lakh Euros will offer a boost to capacity building for Railway Station development programs in India.

The tripartite agreement was signed in the presence of Minister of State for Railways, Suresh Angadi, Minister of State for Europe & Foreign Affairs of France, Jean Baptiste Lemoyne, France Ambassador in India Alexandre Ziegler, and other senior officers of Indian Railway Ministry and French Embassy.

A statement released by Indian Railways reads, “Under this agreement, AFD, has agreed to provide in-kind grant financing up to 7,00,000 Euros, through SNCF-Hubs and Connexions as a Technical Partner to IRSDC to support capacity building for the Railway Station Development Program in India.”

However, this won’t impose any financial liability on IRSDC or Indian Railway, added the statement.

Mr. Angadi was quoted saying, “India and France have a strong and long standing prosperous partnership in the railway sector. French Railways (SNCF) in the past has been associated with Indian Railways in conducting speed upgradation study for Delhi-Chandigarh section and station development of Ludhiana and Ambala stations.”

“I am sure that this effort will go a long way in further strengthening Indo-French cooperation and will help Indian Railways in positioning its stations to world class standards,” added the Minister of State for Railways.

Mr. Ziegler’s Twitter post reads, “Just after the signing ceremony of an Indo-French agreement to support India’s modernisation of railways stations, @JBLemoyne (Lemoyne) met Shri @PiyushGoyal (Piyush Goyal) to discuss about the future of this cooperation!”

Piyush Goyal is the newly-elected Railway Minister of India.

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