Redevelopment of stations involve construction of world class facilities for passengers including shopping plazas, eateries and other services at rail premises leveraging real estate.
"As you would know station is a place where people are looking forward to development. I have already announced that we are working on a PPP mode l to develop the stations and in some cases we are also involving the PSUs. These PSUs will be able to take it up on faster bid," Prabhu said while replying to the debate on Railway Budget in the Lok Sabha.
The Cabinet has approved for 400 stations development. Stakeholder consultations for model stations are underway. Aesthetic improvement has already happened in many States, in Rajasthan where local art has been depicted in most of the stations.