• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Feb 28 Indicating the need to have higher level of private participation in the dedicated freight corridor project of Railways and urban transportation, the Finance Ministry has suggested setting up of public sector rail track company to own new tracks and signals, while allowing free entry of private and public-private partnership rail freight companies.

The Ministry has suggested this as one of the “policy reform options” in the economic survey tabled in Parliament today. This option broadly suggests the model followed in the UK railway system as well as in some other EU countries.

Public transport systems in metros and large cities must be run by organised private companies that can use modern logistics and back office systems for planning routes and timings, acquiring and analysing data on usage densities and running an integrated people movement system, it said.

A comprehensive system of road parking fees must be devised and introduced in metros and large congested cities, said the survey.

More Stories on : Economic Survey | Railways | Urban Development

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
‘Boost private participation in Rlys, urban transportation’

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line