AGARTALA, Oct 21 (TIWN): Union Railway Minister Suresh Prabhu recently has declared that central govt has focused on to draw more investors, so that Indian Railway Dept can expect the ‘Regulator to be set up’ in Tripura. “We put up a concept note on the Rail Development Authority (RDA) in public domain for comments. The next step is to prepare a draft bill”, said Prabhu. “We are deliberating on the feasibility of setting up the RDA through a Cabinet decision”, Prabhu added. However, In a recent report it has been known that large amounts of momentary resources are being earmarked for funding developmental projects in NER.The Present Govt has allocated a total of INR53,706 (USD8.9 billion) for the FY 2014-2015 for the largey underdeveloped regions of North-east India.Moreover, it has been said that most of the Central govt ministries are compulsorily required to earmark 10 percent of their budget for expenditure in the NER.India has already been considered as the 5th biggest railway networks, in the world with 1.3 million employees.

Thus fixing the huge expanded railway network is not so easy which connects the entire country with 68,525 KM of route track (in 2014), 12961 passengers trains and 8,637 freight trains. It also runs 125 hospitals, 586 polyclinics, 102 schools and sundry other initiatives.

However, the biggest problem of Railway infrastructure upgradation, is that without enough revenue the Railway is just becoming as a financial burden on the Unions Budget, and want to make it largely self sufficient organization run on the lines of an efficient corporation.

But Railway must serve the poor people------ thus new routes are often decided with the need and fully non-commercial purpose. Thus good railway ministers are those , who do not hike railway fair.

With much those problems, India’s Railway Ministry is determined to upgrade the structure of railway and with freight train business or alike such planning to boost railway business in state.

Now if the state govts. start to invest for export business then it may help the Indian Railway further. 

However, the deputy governor of the Reserved Bank of India has revealed that funds allocated to the North Eastern Region are higher than the total amount of funds India receives from both the World Bank and Asian Development Banks.