Suresh Prabhu looks to make Indian Railways an efficient enterprise

Sourc:  economictimes.indiatimes.com

NEW DELHI: Highlighting that there is a need to change Railways’ functioning in 3-4 years, Railway Minister Suresh Prabhu on Friday said that he wants to make Indian Railways a vibrant and efficient enterprise.

In a meeting with investors meet, Prabhu discussed proposals, possibilities & processes for Foreign Direct Investment (FDI) and domestic investment in Railway infrastructure and maintenance activities. The new Railway Minister discussed sectoral guidelines pertaining to FDI and domestic investment.

Prabhu emphasised that a framework is required for long term sustainable investment. He also said that the private sector is welcome to invest in railways’ infrastructure development. More info

Ilustration photo:  Nagercoil Exp Indian Railways, by wikipedia

 

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