A passenger stands in a carriage doorway on a train. (Photographer: Dhiraj Singh/Bloomberg)
India aims to redevelop railway stations like airport terminals with private participation. Four years after the scheme was mooted, only two are nearing completion.Poor interest from the private sector and questions over financial viability led to the tepid response, according to railway official aware of the development. He spoke on the condition of anonymity as he is not authorised divulge details. Realty market slowed after the ro...