Wednesday, 9 July 2014

Rail Budget Update

Posted by Ways2Capital on Wednesday, July 09, 2014 with No comments
The Rail Budget declared by the new govt today is beneficial and in line with objectives from Modi govt. For the first time, we observed a Railway Minister controlling social and professional specifications, and providing enough recognition to commercial

The focus on performance and providing temporary objectives is the highlight of this budget. In all these years, we have had new guidelines and perspective claims, but not much of it got applied and provided. The awareness of this govt towards private contribution, creating PPP design and FDI addition will bring-in more sources which are currently missing with railways. The overall concept is to make railways a from the commercial perspective practical company. Moreover, convenience and security actions declared nowadays are very motivating and will in increase interest of tourists.

Mumbai-Ahmedabad area has been in argument for Bullet Train for some time now. Japanese people and France companies have been to the place in the past for reality evaluations. It is genuine and possible for the selected area given the number of company travel that occurs between Mumbai and Ahmedabad – however company structure and financial stability needs to be established.

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