Railway Budget seeks to enhance the level of digitization in various operational areas of the railway, be it increasing the capacity of e-ticketing system, extension of e-catering services, bringing major stations under CCTV surveillance… The CapEx for 2016-17 pegged at Rs 1.21 lakh crore will not only bolster railway infrastructure but also generate substantial employment
– Sanjay Kirloskar, Chairman, CII Western Region
Railway Budget delineates a bold vision and foresight with a strong focus on investment, job creation, safety and security which would help to move our growth closer to our latent potential. Reliance on technology through introduction of train sets, power saving initiatives, enhancement of passenger amenities etc will go a long way in improving the customer experience from Indian railways
– Sumit Mazumder, President, CII
Railway minister’s announcement on redevelopment of 400 stations through the private-public partnership (PPP) model is a very progressive and welcome move. This project will foster a plethora of large transit-oriented developments across the country, possibly resulting in the largest TOD undertaking in the world and thereby leading to higher transit ridership
– Anuj Puri, Chairman & Country Head, JLL India
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Though there have been slippages in the revenue target in the current fiscal, it has got more to do with the overall economic slowdown, more so in sectors like coal, steel, iron ore etc which have been worst hit but have been the major revenue sources for the Railways…we would urge Finance Minister to give full backing to the Railways since it can be a great vehicle for reviving investment in infrastructure
– Sunil Kanoria, ASSOCHAM President
Initiatives towards developing an integrated railway network, greater emphasis on dedicated freight corridors, and improving port connectivity as well as north-east connectivity would go a long way in expanding the freight business
– Harshavardhan Neotia, FICCI President
Efforts to increase speeds and improving electrification of current lines is very encouraging which will require improvement in signalling systems, where Bombardier will keenly follow with a focus on train protection and warning system.
– Harsh Dhingra Chief Country Representative for India, Bombardier Transportation
