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What is Rail Vikas Nigam Limited mean?
Rail Vikas Nigam Limited is under the ownership of Indian Railways, Ministry of Railways, Government of India involved in building rail infrastructure required by the railways. It is an offshoot of the implementation of National Rail Vikas Yojana (NRVY) announced from the ramparts of Red Fort by the then Prime Minister, Sh Atal Behari Vajpayee, during the Independence Day speech on 15 August 2002. NRVY was formally launched by the Hon’ble PM on 26 December 2002 to bridge rail infrastructure deficit. RVNL came into being on 24 January 2003 as a 100% owned PSU of the Ministry of Railway. It became fully functional by March 2005.
RVNL has been granted the Mini-Ratna-1 status on 19 September 2013.
referencePosted on 30 Apr 2022, this text provides information on Miscellaneous in Miniratna Central Public Sector Enterprise related to Miniratna Central Public Sector Enterprise. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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