Page 40 - 15NOV2019E
P. 40

Railways eyes                                                      ning between Lucknow and Delhi and

                                                                         announcing plans to privatize the run-
                                                                         ning of as many as 150 passenger trains.
      private funds                                                      The Tejas Express will be run by IRCTC, a
                                                                         subsidiary of the Railways. So there is not
                                                                         much real privatization there, to begin
                                                                         with. IRCTC cannot have been expected
      to run faster on                                                   to drive a hard bargain for itself, but that
                                                                         will happen when full-fledged private
                                                                         firms bid for various tasks.
                                                                           Railway  unions  are  opposing  the
      growth track                                                       move to open the floodgates for private
                                                                         participation. They fear that lakhs of
                                                                         employees will become jobless or no
                                                                         longer have job security. The best way
                                                                         the government can allay these appre-
      Private funding of railways on the line of Bibek Debroy Panel’s    hensions is to establish the long-overdue
                                                                         railway regulatory authority. It is worth
      recommendations is likely to improve services, writes bharat hiteshi  mentioning here Debroy Committee was
                                                                         not the only one to suggest an independ-
               n October 16, 2019, Piyush   ies could be between  3,000 crores and    ent regulator that can promote healthy
               Goyal, the Union Railways   4,000 crores. The Indian Railways’ plan   competition and protect the interests
               Minister tweeted from his   to develop 400 railway stations has made  of various stakeholders, but also by the
               official handle about Rail-  little progress and the national trans-  Rakesh Mohan Committee in 2001 had
     O ways gift to Maa Vaishno        porter has drawn flak from Niti, given the  suggested on the same lines.
      Devi’s worshippers by launching Vande   plan is moving at a glacial pace.  Another good that the Railways is
      Bharat Express from Delhi to Katra. This   Niti Aayog CEO Amitabh Kant in a    doing is that it is going in for renewable
      was a clear indicator that Railways was   recent letter addressed to Railway Board
      working overtime to improve services   Chairman VK Yadav said that there is
      and be more people-friendly.     a ‘necessity’ to take up the matter of
        It may be recalled that Bibek Debroy,   developing at least 50 stations on a pri-
      an economist, author and bureaucrat   ority basis. The letter quoted him saying
      led a committee that suggested that   that “Considering the recent experience
      the entry of new operators into railway    in the privatisation of six airports, a simi-
      operations would give a fillip to growth   lar process for setting up an Empowered
      and improve Indian Railway services.   Group of Secretaries to drive the process
      Now the government has formed an em-  is required.”
      powered group to prepare a feasibility   The Niti Aayog wants these projects
      plan for upgrading 50 railway stations   should be taken up on a Build-Operate-
      to world-class standards and allowing    Transfer basis so that there is no financial
      private players to operate 150 trains.  burden on the public sector alone.
        This comes on the heels of the pri-  The development follows the flag-off
      vatisation of six airports in the country.   of India’s ‘first private semi-high speed
      The NITI Aayog, a policy think tank of the  train’, the Lucknow-New Delhi Tejas
      Government, established with the aim to  Express. Tejas, run by the Indian Rail-
      achieve sustainable development goals,   way Catering and Tourism Corporation
      is pushing for a comprehensive plan   (IRCTC), offers facilities for rail pas -
      that envisages a holistic development of   sengers that were virtually unheard of
      the area around railway stations, which   earlier in the country —  25-lakh travel
      has strong potential to draw private   insurance, luggage pick-up and drop,
      investment.                      and monetary compensation in case
        Inquiries reveal that the cost of ho-  of delays.
      listic development of railway stations in   In  fact,  the  Indian  Railways  has
      metro cities in India is pegged at about   launched itself on the road to privatiza-
      10,000 crores, while that in tier-2 cit-  tion by flagging off the Tejas Express run-



                                      Tehelka / 15 november 2019  40  www.Tehelka.com
   35   36   37   38   39   40   41   42   43   44   45