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Post Budget Analysis | Infrastructure: Railway

Post Budget Analysis | Infrastructure: Railway

Higher capital expenditure outlay for the railways (increased by 11.8 per cent from 2017v18 and 22.1 per cent from 2017v18) at Rs 1.46 lakh crore to support infrastructure projects. Of this, the budgetary allocation from the government stands at Rs 53,060 crore (up from Rs 40,000 crore in 2017v18, and marginally lower than 2017v18).

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Fast Forwarding the Lifeline

Fast Forwarding the Lifeline

It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.

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Railway projects are gathering pace

Railway projects are gathering pace

Tilak Raj Seth, Executive Vice President, Mobility, Siemens, feels implementation of PPP will provide a fillip to railway projects in India. However, given the size and rapid growth in the country's rail sector, availability of trained manpower will remain a primary challenge.

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Growth Spearhead

Growth Spearhead

Ramboll has announced the appointment of Sanjeev Kapoor as Director to lead its transport business in India. Based in Gurgaon, Kapoor´s responsibility will include developing and driving the business growth strategy for Ramboll´s transport market in India and leading the organisation to identifying new profit avenues.