Indian Railways Rs 78,000 crore scheme put down by PM Narendra Modi; here is why
The Railway Minister, who is stated have been vocal in support of the idea, reportedly favoured giving the entire contract to one player so as to gain a price advantage on economies of scale. But the Finance Department of Railways had questioned the huge cost involved and its justification, as it reportedly would have cost at least 1.5 times more than the estimated.
Prime Minister Narendra Modi. PM has turned down Railway Minister Piyush Goyal's ambitious plan to convert Mumbai's Chhatrapati Shivaji Terminus into one of the first museum-cum-railway stations in India. Image source: PTI