Dinesh Trivedi, Former Rail Minister, said: "If you don‘t have a separate Budget for railways the importance for railways goes away. You don‘t need a railway minister, merge it with surface transport."
Ghosh Dastidar, former member of traffic of Railway Board, says, of late project implementation has improved a bit, so if capital is available, then it will be used. But, the government needs to ensure that capital is spent on productive asset creation
Speaking to CNBC-TV18, Sachin Bhanushali, CEO, Gateway Rail Freight said he is confident of sustaining its revenues and margins despite fears of a subdued volume growth in FY16.
According to Sachin Bhanushali, corporatisation of the ports will make port management much more efficient.
In an interview with CNBC-TV18‘s Ekta Batra, Sachin Bhanushali, President - Gateway Rail Freight, said the company‘s robust performance in the second quarter looked maintainable in the next two quarters.
Sachin Bhanushali, President of Gateway Rail Freight; Rajeev Jyoti, Chief Executive - Railway Business at Larsen & Toubro; Umesh Choudhary, Vice Chairman Of Titagarh Wagons share their views on the Railway Budget and how it is likely to impact business.
Sachin Bhanushali, Gateway Rail Freight told CNBC-TV18 that increase in freight rate alone, is not a good thing to happen and he was expecting a bit of fuel surcharge on the passenger fare as well.
Indian Railways decided to increase haulage charges for the container train operators by 30 percent in two stages starting from December 1, 2012. CNBC-TV18 spoke to Sachin Bhanushali, Dy CEO, Gateway Rail regarding the government move of increasing the cost.
The target set by the government to improving operating ratio from 95% level to 74% level by the end of the 12th Five Year Plan will be very difficult to achieve.