Indian Railways 2.0 – Targeting Total Turn Around
Railways reported its worst ever operational ratio of 93.5 per cent in 2013-14. Minister Suresh Prabhu and his team is now looking at innovative ways to expand the national transporter’s revenue. Going forward the Govt may allow corporate houses brand trains and stations (Aircel Chennai central / Hatsun Pandyan) taking profits to a greater scale. The Railways parcel business too is all set to get an e-commerce push, a special scheme to attract online retailers like Amazon & Flipkart to transfer heavy volumes via rail is in progress. The Govt also has plans to link the Railways to e-pantry with an aim to provide quality food to passengers. Looking at the plans, if at all they are executed, Aache din is not so away for the Indian Railways.