February 26, 2015
Show AI Summary
Infrastructure investment strategy to transform railways through partnerships, financing and governance reforms for better network and services.
A five point execution strategy establishes a Five Year Action Plan allocating capital across network decongestion and expansion, safety, IT, rolling stock, passenger amenities, high speed corridors and station redevelopment, with funding to be mobilized from multilateral financiers, pension funds and private partners. Implementation focuses on partnerships with states, PSUs and private sector, leveraging additional long term finance and technology, revamping management, decision making and human resources to improve operating performance, and setting governance and transparency standards for project delivery.