Accelerated Development of Transport Infrastructure

Our inadequate transport infrastructure results in lower efficiency and productivity; higher transaction costs; and insufficient access to our large national market. How can we create an efficient and widespread multi-modal transport network.

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Should the Railways be corporatized and private participation increased? If so, how?

Re: Should the Railways be corporatized and private participation increased? If so, how?

Postby shaileshagrahari@gmail.com » Tue Jan 03, 2012 7:02 am

Yes yes and yes.
The time has come to put some life in the railways.
The railways is moving toward the cradle. The new route and assimilation of technology is greatly missing. Funds are scarce.
Infusion of technology and fund has to flow.
It urgently needs them.
The alternative left is part privatization of railway. The IPO route will provide much needed funds, accountability and freedom to operate.
Let us go for it.
shaileshagrahari@gmail.com
 
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Re: Should the Railways be corporatized and private participation increased? If so, how?

Postby shaileshagrahari@gmail.com » Tue Jan 03, 2012 7:38 am

Yes. The railways should be corporatized and Private participation increased.
Following are few suggestion the way it can be done.
Passenger travels:
[*]Route study and explore the route where more train can be put up
[*]Technology use for running a train in every 30 minutes to accommodate the rush (Metro run for every 2 minutes)
[*]Rolling stock supply and operation can be privatized in controlled manner
[*]Inflow of fund thru IPO route
[*]Railway station can be refurbished as hotel/station and mall concept


Goods movement:
[*]control of goods and management may be left with private parties as the rate will be deciding factor for quick services and perishable products
[*]Dedicated freight corridor and rail line.
[*]increasing the speed of freight train


In general the certain % of revenue of railway may be put back in infrastructure. The state government funding may be increased.
shaileshagrahari@gmail.com
 
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Re: Should the Railways be corporatized and private participation increased? If so, how?

Postby gomathixyz@gmail.com » Wed Feb 01, 2012 12:38 pm

Sir,

First of all, I thank the commission for inviting comments from ordinary public.

To progress a country there should be a co-ordination between the three ways, (Road, Rail and Water ways). Like Golden Quadrilater and North south and East West Corridor in road network, Double Track railway line has to be constructed connecting all the Tier 1 cities and Tier 2 cites (particularly connecting ports and Industrial areas). Presently there is no double track connecting Kashmir to Kannayakumari

Step 1. To fund this project railway should be converted into three PSU (Like Electricity companies). One will construct railway coaches and engines (Like NTPC-generation), the second will develop railway lines (infrastructure) (Like Powergrid-transmission) and other will do operational day to day activities (Like POSOCO). The MOU should be fixed like all other PSUS.

Step 2. After few months, like other PSUs Go for public issue (not as disinvestment, as a fresh issue for add up capital) in the open market to execute the projects under MoU. This will strategically reduce the government share holding marginally and simultaneously the funds can also be generated. Over the period slowly like other PSUs the performance of the railway also be increased.
gomathixyz@gmail.com
 
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