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Allocation of funds to the Circle Welfare Fund for Gramin Dak Sewaks for the year 2013-2014
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PA / SA examination 2013 results
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Dated 30 th October 2013
The Railways on Tuesday set the ball rolling for privatising
its passenger segment on its existing infrastructure with the launch of theHigh
Speed Rail Corporation (HSRC).
Railway
Minister Mallikarjun Kharge launched the HSRC as a fully-owned subsidiary of
Rail Vikas Nigam Limited, which his predecessor Nitish Kumar had set up with the
objective of raising extra budgetary resources — from the market and private
investors.Mr. Kharge, however, issued a word of caution against adopting new
technology.
NO
TECHNOLOGY FOR GRATIS
“You
should not buy horses merely because horse shoes are freely available,” was Mr.
Kharge’s caution. He stressed how technology could be made available for even
free. “At times they tell us how cheap it is. The question is whether it suits
us or not, not whether it is cheap or free.” He launched the corporation at an
“International Conference on HighSpeed Rail Travel — Low Cost
Solutions.”
Mr.
Kharge, however, underlined the need for high speed rail while focusing on
providing a mass mode of safe, reliable and affordable transport. Railway Board
Chairman Arunendra Kumar said the Corporation, as the implementing agency, would
contribute in the joint venture to be formed under the Public Private
Partnership mode. The other stakeholders could be the State governments and
private investors, explained corporation chairman Satish
Agnihotri.
SEVEN
ROUTES
The
Railways have identified seven routes — all commercially viable — on which the
mini high speed trains with a speed of 160 km per hour to 200km per hour would
be operated under the PPP mode. Officials maintained a stoic silence when asked
if the railways were giving away the most viable routes to the private
sector.Some of the routes identified are Ahmedabad-Mumbai,
Amritsar-Ludhiana-Chandigarh-Delhi, Agra-Lucknow-Varanasi-Patna,
Chennai-Thiruvananthapuram and Bangalore-Chennai. The first project to
be implemented under the scheme will be the Mumbai-Ahmedabad
route.
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