"In that, private parties would also be ready to invest because this is a good project economically and will benefit everyone. This would be a win-win situation project and we want to move ahead in this direction in the coming days," he said.
The Prime Minister was addressing a gathering at the inauguration of the Katra rail line project in Jammu.
Modi said the railway stations in metros and important cities such as Jammu would be priority for the government with regard to development of railway stations.
He said the railway ministry has been given a detailed outline of the project.
Railways minister Sadananda Gowda will present his maiden rail budget on July 8 in Parliament. The government has already hiked the fares for passenger travel and freight transportation.