by 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.