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| Railway minister Suresh Prabhu |
PRESENTING his maiden Railway Budget on
February 26, railway minister Suresh Prabhu announced the formation
of a separate railway PSU called TRANSLOC apart from mulling a host
of measures to bring the ailing railways back on track.
In his budget speech, Prabhu said: “We
propose to set up a PSU - Transport Logistics Corporation of India
(TRANSLOC), to develop common user facilities with handling and
value-added services to provide end-to-end logistics solution...
