India will soon unveil its turnaround plan for the country’s aging railway network.
The country’s Minister for Railways, Manoj Sinha, told reporters in Delhi that the so-called ‘roadmap for railways’ will outline their strategy for the next four to five years. But this will also act as the basis for the network’s nationwide development over the two decades.
“The roadmap for next four-five years is being readied and we will present it within two months,” the Economic Times quoted the minister as saying at a rail infrastructure summit in the Indian capital.
“The roadmap will be ready so that next four budgets can be taken care of. It can also be used as strategy for the next 20 years,” he added.
India has grand plans to modernise its colonial-era rail network. Narendra Modi’s new government has already outlined its intention to introduce high-speed and semi-high-speed lines on key routes, as well as modernising infrastructure, cleaning up trains and stations and improving F&B.
This will be achieved using a public-private partnership (PPP) model, and Sinha said he is currently finalising which lines will initially be developed under this scheme.
“[The Ministry of] Railways is in the midst completing an exercise for finalising 50-60 railway projects to be executed in PPP model,” he said.