Tata-led panel to benchmark railways against 4 global giants

By Sudheer Pal Singh  www.business-standard.com

The Ratan Tata-headed innovation council formed by Railway’s Minister Suresh Prabhu has decided to benchmark Indian Railways against the train networks of four global giants – the US, China, Russia and Germany.

The idea is to compare financial and operational performance indicators and work out a strategy for turning around the railways by using the best-suited model of innovation and development.

The council has asked the railway board for inputs on the railway systems operating in the four countries. The council held its first meeting on May 13 with Prabhu, Minister of State (MoS) Railways Manoj Sinha, Railway Board Chairman A K Mital, other board members and trade union representatives. More info

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