“Railways Are A Vital Backbone Of The Country”

Rajesh Chandan, CEO, Hind Rectifiers, stresses on encouraging a Public-Private partnership for the development of Indian Railways.

The Indian Railways ensure transportation services to citizens and businesses and are a vital infrastructural backbone of the country. The railway budget is crucial to the functioning of this institution. Overall, we would expect this budget to focus on modernisation of the railways and increase spending on the safety and infrastructure.

This would be achieved through allocation of funds for fencing lines, power, signalling and fire-fighting equipments.

Providing additional services would also give a boost to the railways network. Implementation of high speed rail, metros/monorail in multiple cities and increased usage of Electrical Multiple Unit (EMU) trains between stations would improve operations, provide more options to consumers and enhance revenues. Increased participation of the private sector through Public Private Partnership (PPP) should also be encouraged. It would result in an increased rail investment.