Bibek Debroy mantra for Railways development

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Bibek Debroy

Bibek DebroyA panel-led by economist Bibek Debroy recommended bringing private investments in railways but with a government control over the organisation. The committee has prepared a seven-year long roadmap for the overall development of this transport monolith into government-owned special purpose vehicle.

To make working and functioning of Railways better it also recommended bifurcation of track and infrastructure development from the business of operating train and suggested setting up of an infrastructure corporation to take care of track and singling. It also recommended that on the lines of railways around the world, the fifth largest railway network must create an independent Railway Regulator of India to oversee security mechanism of the Railways.

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