![]() Financial Daily from THE HINDU group of publications Thursday, Jan 27, 2005 |
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Opinion
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Letters Railway revamp
At the seminar on `Public-private partnership in development of rail infrastructure', the Planning Commission Deputy Chairman, Dr Monetek Singh Ahluwalia, urged the Railways "to raise funds from market" (Business Line, January 25). If the current legal framework prevents the Railways from borrowing directly, is it not necessary to remove the hurdles? Dr Ahluwalia has suggested a Rail Tariff Authority which could rationalise fares and also take care of cross subsidy. Rather than shift the responsibility, why not think of overall reforms in the Railways? To start, why not separate the passenger and freight sectors? This can increase efficiency, solve the problem of cross-subsidy and also help improve the overall performance in transport of goods. A. Jacob Sahayam, Thiruvananthapuram
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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