Rlys having tough time, but plans to overcome it: Prabhu

Indian Railway is passing through a tough time but the ministry has drawn up a comprehensive strategy to pull it out of this situation and make the public transporter financially viable, Railway Minister Suresh Prabhu on Monday said.

“Railways is passing through a difficult time. It is a challenging time. But, at the same time, we have to keep on doing expansion and upgrade in the Railways,” Railway Minister Suresh Prabhu said.

He was speaking at an event at the Confederation of Indian Industries. Prabhu said, the ministry is hoping to come out with a long-term plan soon, adding, “we have drawn up a comprehensive strategy to come out of this situation. We are working on a comprehensive plan to make railway financially viable. The idea is to make railways better.”  “To begin with, we are working out for non-tariff operation to increase earnings which was never done before. Besides, we have also increased the capital expenditure substantially,” he said. Railways have undertaken plans to earn substantial revenue through commercial utilisation of surplus land and advertisement.

“We are preparing 2030 plan, It will be a vision for the future.”