While the Railways have benefitted greatly from record capital allocation in the previous budget, there remains much to be done, particularly in the field of signalling upgradation and timely rail connectivity to logistics hubs. In this regard the private sector may be more actively involved by way of concession-based contracting to bridge these gaps under the active oversight of the Railways.
Please click here to read the full article by Partner Vishnu P. Sudarsan and Partner Kartikeya G.S. published in ET Government.
Kartikeya specializes in projects, regulatory and policy related work in the infrastructure sector.