`Railway stations can generate good revenue`

Railway Minister said Indian Railways is the country`s engine of growth, which is not possible without reforms in the public sector behemoth.

Last Updated: Nov 06, 2011, 20:46 PM IST

Panaji: Railway Minister Dinesh Trivedi on Sunday said that railway stations in the country have a potential to generate good revenue through public-private partnerships (PPP).

"The assets of Indian Railways are amazing. So far, nobody has looked at the railway stations with the thought that they can generate revenue," Trivedi said at the Goa Think Fest 2011 here.

"Why can`t we have railway stations like airports?" he asked.

He said that a PPP model can be implemented at the railway stations for revenue generation.

Trivedi said Indian Railways is the country`s engine of growth, which is not possible without reforms in the public sector behemoth.

The minister said that in the 12th Five Year Plan, one trillion USD have been marked for the upgradation of railway infrastructure, of which, 50 per cent will come from the private sector.

PTI