ARTICLE
14 January 2020

Liberalization Of General-Purpose Wagon Investment Scheme (GPWIS) By Ministry Of Railways (MoR)

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DSK Legal

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The Ministry of Railways, on the basis of feedback received from the prospective investors and end-users, has liberalized the GPWIS.
India Transport

The Ministry of Railways ("MoR"), on the basis of feedback received from the prospective investors and end-users, has liberalized the GPWIS. The same was done by bringing an amendment to GPWIS and pursuant to the amendment, end users have been granted permission to load third party cargo in their rakes in the empty direction. Further, the design loan charges i.e. charge payable to wagon designer for the use of the wagon design have been brought down to 1% from 5% for a general - purpose wagon.

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