LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Saturday, 13 June 2015

13 JUNE 2015: Bibek Debroy committee recommends massive rail reforms

Ø  An official committee has recommended a whole set of reforms, including entry of private players into the Railways, and separation of offline activities from the core business. Holding that railway finances are in a precarious situation, the committee, headed by NITI Aayog member Bibek Debroy, said there was need to improve internal resource generation and explore varied methods of financing. The committee, a brainchild of Prime Minister Narendra Modi, in its over 300-page report, said it did not recommend privatisation of the Railways. However, railway unions have attacked the report, saying it is a clear road map for privatisation, which would endanger safety and increase financial burden. 

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