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Initiatives
- The rapid rise in international
trade and domestic cargo has placed
a great strain on the Delhi-Mumbai
and Delhi-Kolkata rail track.
Government has, therefore, decided
to build dedicated freight corridors
in the Western and Eastern
high-density routes. The investment
is expected to be about Rs. 22,000
crore (US $ 5 bn). Requisite surveys
and project reports are in progress
and work is expected to commence
within a year.
- With increasing containerization
of cargo, the demand for its
movement by rail has grown rapidly.
So far, container movement by rail
was the monopoly of a public sector
entity, CONCOR. The container
movement has been thrown open to
competition and private sector
entities have been made eligible for
running container trains. 14
applicants have submitted the
application seeking permission for
container train operation, which
have been approved.
- Tariff rationalization and
effective cost allocation mechanism
are also on the anvil. This includes
a methodology for indexing the fare
structure to line haul costs.
Efforts aimed at introducing
commercial accounting and
information technology systems are
also underway.
- Technological upgradation and
modernisation for higher operating
effieciency
- Transformation from bulk
transporter to multi-modal
transporter
- PPP envisaged in new routes,
railway stations, logistics parks,
cargo aggregation and warehouses
etc.
Content Source: www.infrastructure.gov.in
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