Private Sector could help in increasing the Infrastructural Developement of the Indian Railways as the demand of Infrastructural changes in Indian Railways is very eager to be done. Infrasctructue of Indian Railways is very old as compared to any other country. So to maintain the standards among all sectors Railways need tobe Developed.

As the need of Investment, Railways have introduced higher Global Business Services (GBS), Joint Ventures with the State Government, Multilateral Financial Institutions and Private Investors which helps in the collateral developement.

Railways have also explore the option Public-Private Partnership (PPP) in that the works involved in Railways is also done by the Private Individuals like infrastruction, maintanance, operations and operation of assets t,o getthe Organisation remmitted higher, said by Shubham Jain, Senior Vice President and Group Head, Corporate Rating, ICRA

Railways agrees that the involvement of Public-Private Partnership in Railways will definately leads to the redevelopemnt of Railway Stations. In Past also with the help of PPP railways redevelopment many of the Station.

Previously the PPP model have failed due to low profitability models. But now several modifications have been done in that models to increase the revenue of investors. This is the game changing aspect of this model and after this there would be a investors. Indian Railways have decided a major developement plans for the modifications of Railways Stations with the formulation of Long Plan Developement named as National Developement Plan (NDP)

Main focus of NDP is to develop the Railway Track, Railway Terminal and Racks of Rail. Sum investment under this scheme is Rs 38.2 Lac crore to be invested and developed till 2051.


Follow us for latest travel updates on Facebook and Twitter

Post a Comment

Please do not enter any spam link in the comment box

Previous Post Next Post