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."
Sachin Bhanushali, CEO, Gateway Rail Freight says, support from public private partnership (PPP) and external financing has always been underachieved in the past and meeting financial targets is a serious question now.
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.
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.
The market would be apprehensive about the proposals made in this Budget because Railway Budget 2011-12 was a laggard, most proposals could not be met because of lack of funds.