As Railway Minister Suresh Prabhu prepares to read out his Rail Budget speech, all eyes are on government’s plans on reforms, investment and modernisation.
Brokerage Motilal Oswal expects railways to report an improvement in finances, bolstered by freight revenue, announce new innovative sources of funding and make some headway in taking the PPP schemes forward.
It also feels Prabhu should focus on announcement toward improvement in infrastructure, operations and passenger amenities.
Here are few expectations of the brokerage firm:
1. Fair changes unlikely;
2. no pass through of lower diesel prices
3. Progress and expansion of DFC Rollout and expansion of high speed network
4. Building of 200-kmph train coaches indegenously Conneting J&K, North East and hilly regions on a priority basis
5. Improved design of coaches and vaccum toilets
6. Plan to eliminate all level crossings Upgradation of station complexes for comprehensive government services, skill developments Significant improvements in passenger amenities