Indian railways needs private participation: official
February 3rd, 2012 - 10:43 pm ICT by IANSNew Delhi, Feb 3 (IANS) Indian Railways needs large investment from private players to make it more efficient, a senior official said Friday.
“Railways need a national policy with legally enacted bills in land development and procurement rules, Public Private Partnership (PPP) and technology acquisition to make transport more efficient and raise investor confidence,” Railway Board’s Anjali Goyal said here.
The Board’s Executive Director was making a presentation on strategies for making railways a sustainable transport in India.
Later, take part in an international workshop, Goyal said the railways needed large investments from private players in the form of PPP model for sustainability, better growth and improved passenger facilities.
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