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Gujarat rail infrastructure development corporation

Railways have an important responsibility to provide linkages to the upcoming centers of growth and in Rail Budget 2016, importance was given on Creation of Joint Ventures with State Governments for undertaking rail based projects. Considering the fact the state government has given the green signal in forming a new company, named 'Gujarat Rail Infrastructure Development Ltd (G-RIDE)' to develop rail infrastructure in the state. The state government's stake will be 51% while that of Indian Railways will be 49%. This company will work on projects to improve connectivity and correct missing links in the state.