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ARTICLE · 02 MARCH 2020

PPP Model For Railways – The Viable Future Option?

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Indian Railways, state-owned by the Ministry of Railways, has been the backbone of India's mass public transportation network for decades.

IndiaGovernment, Public Sector
Geeta Saha
Geeta Saha
Mrinal Vashishtha
Mrinal Vashishtha
Shivam Jatadhari
Shivam Jatadhari
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Indian Railways, state-owned by the Ministry of Railways, has been the backbone of India's mass public transportation network for decades. The Indian railway network is among the world's largest and with constantly increasing and countrywide urbanization, it has become imperative for the government to modernize the railway sector. This has opened more areas of investments to private and public sector companies, banks and financial institutions.

The Finance Minister, Smt. Nirmala Sitharaman, in her maiden budget speech in 2019, announced that the public-private partnership model (PPP) will be used to bring about faster development of the railways including rolling stock manufacturing and the delivery of freight.

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