Ashwini Vaishnaw Declares Huge Reforms For Railways To Speed Up Projects & Boost Freight | WATCH

Railway Minister Ashwini Vaishnaw announced a fresh set of structural reforms to boost project execution, encourage private innovation in freight, and improve logistics efficiency. Key changes include requiring contractors to provide 10% upfront performance security (instead of deductions from bills) and barring those with litigation exceeding 50% of net worth from bidding. New professional indemnity and all-risk insurance policies have also been introduced. This is part of the ministry’s plan to implement 52 reforms this year. #railways #india #ashwinivaishnaw Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx... Now make Mint your preferred source on Google and get business & finance updates first. Add here - https://www.google.com/preferences/so... Subscribe to Mint Premium Now: https://www.read.ht/Scaq Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91...