Building blocks will need to be put in place under PPP initiative


Building blocks will need to be put in place under PPP initiative

Faced with a staggering investment ask of over 50 trillion for expanding and upgrading India’s railway infrastructure during 2018-30, the government has continued with its focus on public private partnerships (PPPs) in various areas like station redevelopment, freight movement infrastructure etc. One of the boldest PPP initiatives to be announced as part of the railway’s 100-day plan has been the proposed involvement of private partners to operate passenger trains. While the private sector has been involved in rail freight movement over the last few years, this is the first time they would be playing a role in passenger carriage.

The move to involve the private sector in operating passenger trains is significant. Even globally, while there have been many instances of private involvement in freight movement, PPPs in rail passenger movement have been adopted successfully only in a few countries like UK Read More

 

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