Railway Minister Suresh Prabhus path breaking ideas to bring loss-making Indian Railways back on track Among things that Prabhu talked about are decentralisation of authority from the Railway Board to the zones, incentivising GMs for timely completion of projects and leveraging vast tracts of railway land to raise credit for the cash-strapped organisation. Prabhu was not in favour of privatisation of railway land or leasing it to private builders. He talked of getting foreign investment into the sector, especially from Japan, which is already funding the Dedicated Freight Corridor... Read more at: economictimes.indiatimes/articleshow/45117142.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Posted on: Wed, 12 Nov 2014 05:50:52 +0000