|
D.P. Agarwal, VC & MD, Group TCI
The railway budget has
been positive for passengers
and commercial
firms as there are no
major changes in fares
and freight rates.
It is a positive move
that the envisaged dedicated
freight corridor will
be completed on time and additional
dedicated and high-speed
freight corridors will be planned.
This will smoothen the freight traffic
movement and reduce the
congestion of the operative lines
and also bring in efficiency in the
freight business by
reducing delays.
Rail freight rates continue
to remain the same
and there will not be any
immediate or direct
impact on the road freight
sector. Rail and road collectively
can enhance
productivity and efficiency of the
Indian logistics industry. However,
the end customer will benefit with
better coordination between the
rail-road freight sectors, with the
timely and efficient execution of the
initiatives announced.
|