Saturday, Sep 18, 2021
Outlook.com

A Divergence Of Tracks

The argument forwarded is that when the state is short on funds, private capital will pitch in

A Divergence Of Tracks
A Divergence Of Tracks
outlookindia.com
-0001-11-30T00:00:00+05:53

Today, the big question before the Indian Railways is why the fare hike was opposed by Mamata Banerjee. I reckon because many wonder how the railways can be both profit-making and welfare-oriented. So, every time the government increases fares, political opposition stalls it. And, the railways’ income doesn’t increase, while its capacity and safety lag. Truth be told, a minister who is against tariff hikes doesn’t have a commercial attitude.

Railway privatisation, as opposed to commercialisation, is one other way to make the institution viable, its services safer and more responsive to increasingly demanding customers. Here, the options are to privatise either the tracks or the ‘traction’—rolling stock, wagons, signalling, for instance. The clue to the future lies in the one common aspect of infrastructure policy in India: the attempt to encourage PPP, public-private partnership. The argument forwarded is that when the state is short on funds, private capital will pitch in. The rationale is being...

Advertisement

Outlook Newsletters

Read More from Outlook

In CLP Meet, Punjab Congress MLAs Authorise Sonia Gandhi To Name The New CM; Decision Likely Tonight

In CLP Meet, Punjab Congress MLAs Authorise Sonia Gandhi To Name The New CM; Decision Likely Tonight

AICC general secretary and in-charge of Punjab Harish Rawat and two party observers from Delhi-- Harish Chaudhary and Ajay Maken –also participated in the CLP meeting in Chandigarh today.

Inside Kerala’s Pazhur Village – Where Nipah Broke Out And Was Contained

Inside Kerala’s Pazhur Village – Where Nipah Broke Out And Was Contained

A discipline earned while tackling Covid-19 may have saved Kerala from a wide outbreak of Nipah. Despite thin resources, the state health machinery kicked in to put checks in place.

Return Of Campus Life As Colleges Reopen After Long Pandemic Shutdown

Return Of Campus Life As Colleges Reopen After Long Pandemic Shutdown

After befriending gadgets for attending online classes students finally are back to real books and real conversations. Read more education stories in our latest issue.

‘Sidhu Colluded With Pakistan, High Command Humiliated Me’: Amarinder Singh After Resigning As Punjab CM

‘Sidhu Colluded With Pakistan, High Command Humiliated Me’: Amarinder Singh After Resigning As Punjab CM

Former Punjab CM Captain Amarinder Singh said that he will not leave active politics after his resignation, but will decide his new platform after discussing with his supporters.

Advertisement