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Economy 1 min read

Railways Reforms Model Concession Agreement; Container Train Operators to Get Single All-India Licence

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The Ministry of Railways has approved changes to the Model Concession Agreement (MCA) governing Container Train Operators (CTOs). Under the reform, a single All-India Licence will take the place of the earlier route-specific restrictions, enabling CTOs to run container trains anywhere on the Indian railway network. The step is aimed at giving operators greater flexibility in moving freight across the country.