Dedicated Freight Corridor Corporation of India (DFCCIL) – Purpose, Sttautory Status & Functions

The Dedicated Freight Corridor Corporation of India (DFCCIL) is an Indian government undertaking established in 2006 to build and operate dedicated freight corridors across India. It is a Special Purpose Vehicle (SPV) of the Ministry of Railways (MoR), dedicated to the development and operation of the country’s freight corridor network.

Purpose:

• The purpose of Dedicated Freight Corridor Corporation of India is to create a dedicated freight corridor network in India by providing dedicated freight corridors, rail infrastructure and associated services.
• The goal is to provide reliable and efficient freight transportation, reduce freight transportation costs and enable faster movement of goods.

Year of establishment: Dedicated Freight Corridor Corporation of India was established in 2006.

Ministry: Dedicated Freight Corridor Corporation of India is a Special Purpose Vehicle of the Ministry of Railways (MoR).

Type: The Dedicated Freight Corridor Corporation of India is a company incorporated under the Companies Act, 1956.

This topic of “Dedicated Freight Corridor Corporation of India (DFCCIL) – Purpose, Sttautory Status & Functions” is important from the perspective of the UPSC IAS Examination, which falls under General Studies Portion.

Functions:

• The main functions of Dedicated Freight Corridor Corporation of India are:
  • to construct, develop, manage, operate and maintain the dedicated freight corridors,
  • to provide rail infrastructure and services for freight transportation,
  • to provide safe and secure freight transportation,
  • to reduce freight transportation costs and to enable faster movement of goods.
• Additionally, it is also responsible for the development of:
  • the Eastern and Western Dedicated Freight Corridors,
  • the North-South Dedicated Freight Corridor
  • the East-West Dedicated Freight Corridor.