On the loop line

But the critical issue of providing a new direction to the railways will remain unaddressed for now. An independent rail tariff authority is said to be in the offing. The setting up of the authority could be a fine opportunity to make the sector more dynamic by bringing in more players, but the budget is silent on it. Bansal announced that he expects a Rs 1,00,000 crore investment through public-private partnerships in the next five years, but here too the details are missing. The creation of a conducive environment to enable the private sector to partner the railways remains an unfinished theme in this budget.

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