Rail Budget 2012


Main Points of Indian Rail Budget 2012 Presented by Railway Minister Mr. Dinesh Trivedi

Hiking passenger fare will be too extreme a departure from the populist track to expect from railway minister Dinesh Trivedi. After all, he has limited space for manoeuvring given the diktats of his party boss Mamata Banerjee and political compulsions.
However, there are at least 10 steps Trivedi can initiate in this Rail Budget, which will be presented on Wednesday, to turn around the Railways’ poor financial health.

FULL-FLEDGED LOGISTICS SERVICE
Like Chinese and German railways, start a full- fledged logistics business, which is worth Rs 5 lakh crore. Convert the underutilised 2,300 goods sheds into high- tech, all- weather warehouses by roping in private investors.

REAP REAL ESTATE DIVIDENDS
The Railways’ real estate in Delhi alone is worth more than Rs 60,000 crore, almost thrice the annual budget of Bihar. The slum clusters on railway lands in Okhla and Shakur Basti can be utilised to construct container depots and private freight terminals.

FAST- TRACK PPP PROJECTS
Railways’ investment potential in private partnership projects is worth over Rs 1.25 lakh crore. The Railways can still use its land as an equity offer or give the right of way for constructing private terminals, multi- functional complexes, wagon factories, budget hotels and high- speed corridors.

source : yahoo.in



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