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Liberalized Special Freight Train Operator (LSFTO) Scheme — FM

No. 2020/TC(FM)/4/02 · 2020-03-16
Circularfreight

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Circular numberNo. 2020/TC(FM)/4/02
Date2020-03-16
TypeRates Master Circular
Topicfreight
Official PDFindianrailways.gov.in

Summary

Liberalized Special Freight Train Operator (LSFTO) Scheme — FM PSO/Sr.PPS to CRB, Member(Finance), Member (O&BD), Member (Infrastructure), Member

Text of the circular

FREIGHT MARKETING
_CIRCULAR NO. 16 OF 2020

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

रेल भवन, नई दिल्‍ली, - 110001, तिथि
Rail Bhavan, New Delhi- 110 001, dated 25.09. 2020

No. 2020/TC(FM)/4/02

General Managers,
Central Railway, Mumbai.
Eastern Railway, Kolkata
East Central Railway, Hajipur.
East Coast Railway, Bhubaneswar.
Northern Railway, New Delhi.
North Central Railway, Prayagraj.
North Eastern Railway, Gorakhpur.
Northeast Frontier Railway, Maligaon.

North Western Railway, Jaipur.
Southern Railway, Chennai.

South Central Railway, Secunderabad.
South Eastern Railway, Kolkata.
South East Central Railway, Bilaspur.
South Western Railway, Hubli.
Western Railway, Mumbai.

West Central Railway, Jabalpur.

(Amendment | to Liberalized Special Freight Train Operator Scheme)

Sub : Liberalized Special Freight Train Operator (LSFTO) Scheme — FM

Master Circular/LSFTO/2020 dt. 16.03.2020

RRKK

1. Policy guidelines on Liberalized Special Freight Train Operator (LSFTO) Scheme were issued to
the zonal railways vide FM Master Circular/LSFTO/2020 under Board’s letter No.
2020/TC(FM)/4/02 dt. 16.03.2020

2. The eligibility condition under Para 3.1.3, 3.3 and 3.4 has been amended as follows:

Amended Para

A Joint venture company or partnership of
companies.

The company should have a net worth of | (To be deleted)
minimum Rs. 50 crore or an annual

turnover of minimum Rs 75 roreas on 31“

March of the last financial year

Existing Para

A Joint venture company or partnership.

In case the applicant is a subsidiary
company, experience and net worth of the
holding company, owning more than 50%
equity, may be reckoned for the purpose
of para 3.2 and 3.3 above. However, in
such cases, the applicant company should
have a minimum of 25% of the prescribed
net worth.

qe ~ Page 1 of 2
L6-4. WW

In case the applicant is a subsidiary
company, experience of the holding
company, owning more than 50% equity,
may be reckoned for the purpose of para 3.2
above.

FREIGHT MARKETING
_CIRCULAR NO. 16 OF 2020

3. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.
4. These instructions will come into force with immediate effect.
Please acknowledge receipt. Jp a
aa" ८1१०
(Mudit Chandra)
Director Freight Marketing
No. 2020/TC(FM)/4/02 Rail Bhavan, New Delhi- 110 001, dated 28.09. 2020
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.
wre
for Se her inance)
No. 2020/TC(FM)/4/02 Rail Bhavan, New Delhi- 110 001, dated 28.09.2020
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. The Managing Director / Chief Commercial Manager, Konkan Railway Corporation Ltd., Belapur
Bhawan, Plot no. 6, Sector-11, CBD Belapur, Navi Mumbai — 400014.
6. The Managing Director, Centre For Railway Information System (CRIS), Chanakyapuri, Near
National Rail Museum, New Delhi.
7. CAO/FOIS, Centre For Railway Information System (CRIS), Chanakyapuri, Near National Rail
Museum, New Delhi.
8. GM/FOIS, Centre For Railway Information System (CRIS), Chanakyapuri, Near National Rail
Museum, New Delhi.
9. Director General, National Academy for Indian Railways, Lalbaug, Vadodara - 390004, Gujarat.
10. Director General, Indian Railways Institute of Transport Management, Hardoi By-pass Road, P.O.
Manak Nagar, Lucknow — 226 011 Uttar Pradesh.
11. AM(Traffic), AM(Commercial), AM(Mech.), AM(Rev.), Adv.(Vig.), EDTC(R), EDV(T),
ED(FC), EDME(Frt.), DF(C), in Railway Board for information please.
12. PSO/Sr.PPS to CRB, Member(Finance), Member (O&BD), Member (Infrastructure), Member

(T&RS) and Secretary, R. Bd. for kind information of CRB Member nance), Nmper (O&BD),

Member (Infrastructure), 

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