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Published on February 27, 2015
The railway budget has aimed to give a facelift to the image of Railways through digitization and modernization than any big or new reform measures. Some emphasis like increasing the speed in 9 corridors will surely help in reducing the logistics lead time and therefore benefit the Industries. Other announcements like Transport Development Corporation, multi modal depots etc. are all welcome measures as these are bound to improve the delivery capability.
However the budget has not addressed the main concern of “Logistics cost” for the India Inc. and that will continue to remain high. Unfortunately this is not going to help our “Make in India “campaign“.
Source : Sachin Murdeshwar