Indian Railways has been a victim of years of chronic underinvestment. Though ushering in the PPP mode and 100 per cent FDI for the sector are being perceived as a panacea, there are miles to cover before things get rolling.
Tag: railway infrastructure
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Railways Ministry meets banks and financial institutions
The Ministry of Railways and its PSU Indian Railway Finance Corporation, hosted a meeting of banks & financial institutions in late July to sensitise
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Rail projects to transport coal
The Union Coal Ministry will uplift railway infrastructure in Talcher and Ib Valley for coal transportation in order to double production of Mahanadi Coalfields Limited (MCL) in the next five years.
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Railways needs to be more proactive: Experts
Rail modernisation requires technology, and much of this is already available today in the private sector. The Railways has identified several investment areas for private players.
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Rail modernisation: Changing tracks
The Expert Group on Modernisation of Indian Railways submitted its recommendations to the government a year ago, and the Central Government has taken some significant steps in its Rail Budget 2013-14