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LIBERALIZED WAGON INVESTMENT SCHEME (LWIS)

· 2018-07-02
Circularfreight

Open the official PDF on indianrailways.gov.in

Date2018-07-02
TypeRates Master Circular
Topicfreight
DirectorateTraffic Commercial (Freight Marketing)
Official PDFindianrailways.gov.in

Summary

LIBERALIZED WAGON INVESTMENT SCHEME (LWIS) permissible free time up to the time of release of the rake, detention charge shall be levied.

Text of the circular

FREIGHT MARKETING MASTER CIRCULAR / LWIS/2018/0

भारत सरकार GOVERNMENT OF INDIA
रेल मंत्रालय MINISTRY OF RAILWAYS
( रेलवे बोर्ड RAILWAY BOARD )

No. 2016/TC (FM)/ 4/12(LWIS) Rail Bhavan, New Delhi— 110 001, dated02.0%, 2018

General Managers
All Indian Railways.

Sub: LIBERALIZED WAGON INVESTMENT SCHEME (LWIS)

sR CR RE

Ministry of Railways has reviewed the existing Liberalized Wagon Investment Scheme
(LWIS) issued vide Freight Marketing circular No. 11 of 2011 dated 02.01.2012 and formulated a
revised Liberalized Wagon Investment Scheme (LWIS). A copy of the revised Liberalized Wagon
Investment Scheme (LWIS) is enclosed herewith. The revised scheme will be in supersession of
existing Liberalized Wagon Investment Scheme (LWIS) issued vide Freight Marketing circular No.
11 of 2011 dated 02.01.2012 and all its amendments dated 17.09.2012, 10.06.2013, 21.08.2013,
01.09.2014, 27.10.2014.

This scheme will come into force with immediate effect. The terms & conditions of the
revised Liberalized Wagon Investment Scheme (LWIS) will also apply to the customers who have
already made investment for procurement of wagons or obtained approval from Ministry of
Railways for procurement of wagons under the existing LWIS.

Necessary changes may accordingly be made in the Agreement by incorporating the new
clauses in the existing agreements of LWIS customers as per the revised policy.

This issues with the concurrence of Finance Directorate of Ministry of Railways

The receipt of this letter may please be acknowledged a: =

a
DA : As above (C

(Mudit Chandra)
Director Freight Marketing

No. 2016/TC (FM)/ 4/12(LWIS) Rail Bhavan, New Delhi - 110 001, dated 02.07.2018
Copy forwarded to:

1. The Deputy Comptroller & Auditor General of India (Railways), Room No. 224, Rail Bhawan
with 36 spares.

2. Principal Financial Advisor, All Indian Railways. (
N

For Financial Commissioner/Railways

Page | of 11

FREIGHT MARKETING MASTER CIRCULAR / LWIS/2018/0

No. 2016/TC (FM)/ 4/12(LWIS) Rail Bhavan, New Delhi - 110 001, dated 02 07,2018
1. The Principal Chief Commercial Manager, All Indian Railways.

2. The Principal Chief Operations Manager, All Indian Railways.

3. The Chief Freight Traffic Manager, All Indian Railways.

4, The Chief Commercial Manager (FM), All Indian Railways.

5. CAO/PTS, Northern Railways, IRCA Building, New Delhi.

6. The Managing Director / Chief Commercial Manager, Konkan Railway Corporation Ltd.,

10.

11.

Belapur Bhawan, Plot no. 6, Sector-11, CBD Belapur, Navi Mumbai — 400014.

The Managing Director, Centre For Railway Information System (CRIS), Chanakyapuri, Near
National Rail Museum, New Delhi.

Director General, National Academy for Indian Railways, Lalbaug, Vadodara - 390004, Gujarat.
Director General, Indian Railways Institute of Transport Management, Hardoi By-pass Road,
P.O. Manak Nagar, Lucknow — 226 011 Uttar Pradesh.

AM(Traffic), AM(Commercial), AM(Mech.), Adv.(F), Adv.(Vig.), Adv. (Chg), EDPM, EDPG,
EDTC(R), EDV(T), ED(FC), EDME(Chg.), DF(C), Dir (Chg.), Dir (Punct.) in Railway Board
for information please.

PSO/Sr.PPS to CRB, FC, MT, ME, M(RS), M(Tr.), MS and Secretary, R.Bd. for kind
information of CRB, FC, MT, ME, M(RS), M(Tr.), MS and Secretary.

ASA

(Mudit Chandra)
Director Freight Marketing

Page 2 of 11

FREIGHT MARKETING MASTER CIRCULAR / LWIS/2018/0

LIBERALIZED WAGON INVESTMENT SCHEME

1.0 GENERAL

The existing Liberalized Wagon Investment Scheme (LWIS) circulated vide Freight
Marketing Circular No. 11 of 2011 along with all its amendments, stand superseded by the
revised Liberalized Wagon Investment Scheme (LWIS). The terms & conditions of the
revised Liberalized Wagon Investment Scheme (LWIS) shall also be made applicable to the
customers who have already made investment for procurement of wagons or obtained
approval from Ministry of Railways for procurement of wagons under the existing LWIS.

2.0 DEFINITIONS AND ABBREVIATIONS
Definitions and abbreviations of some of the terms used in this document are

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