Chief Guest: Shri Pawan Kumar Bansal, Hon’ble Union Minister for Railways, Govt. of India
Indian Railways, the premier transport organization of the country is the largest rail network in Asia and the second largest Rail network in the world under a single integrated management. It transports over 20 million passengers and 2.6 million tones of freight everyday. The vision document for Indian Railways proposes to invest USD 275 billion by year 2020 in capacity enhancement, asset modernization and rolling stock acquisition.
The operations of Indian Railways are characterized by mixed traffic, both passenger and freight trains share the same track and infrastructure. Passenger trains constitute nearly 70% of the trains run but contribute to less than 35% of the revenue earned, while freight trains constituting only 30% of the trains, make up 65% of the revenue.
The Prime Minister’s Committee on Infrastructure calls for fast track approval of key infrastructure projects like Railways. Public - Private Partnership is an innovative way of delivering modern, high quality public services and promoting the country’s competitiveness. The current strategy is to leverage private capital through PPPs to the maximum extent in areas which are amenable to PPPs to improve efficiencies and control costs. Private partnership will also bring in state-of-art technology in areas such as catering, wagon ownership and leasing and joint ventures for rail infrastructure projects.
Therefore, in order to discuss key issues and opportunities for PPP in Railway, ASSOCHAM is organizing an International Conference on ‘RAIL @ 2020: PUBLIC- PRIVATE PARTNERSHIP’ at 9.30 a.m. on 7th December, 2012 at Hotel The Taj Mahal, Mansingh Road, New Delhi. A large number of national and international stakeholders are expected to attend the conference.The Hon’ble Union Minister for Railways Shri Pawan Kumar Bansal has already confirmed his presence as the chief guest.
We shall be glad if you could kindly attend the Conference and also nominate your colleagues to participate in the Conference. We would also request your organization to be the PARTNER / SPONSOR for the Conference as per details enclosed for your kind reference.
For more details please contact: