Any takers, please?

Image
Business Standard New Delhi
Last Updated : Jan 21 2013 | 2:54 AM IST

Railway Minister Mukul Roy may have been pressuring the bureaucrats in his ministry to find alternative means of raising funds, after he rolled back passenger fare hike mooted by his predecessor. But the minister has ready ideas when it comes to tackling the 14,896 unmanned railway crossings. In a recent meeting with the Railway Board, Roy proposed linking the railway crossings elimination initiative with the National Rural Employment Guarantee Scheme (NREGS), considering the huge cost it involves. In his view, the infrastructure needed to eliminate these crossings, such as road over bridges, etc, could be part of “asset creation” under the NREGS and thereby, the railway could save on the labour cost — as labour could be paid through the rural development ministry’s NREGS. He is also planning to advocate to his fellow Members of Parliament that they should chip in with their Member of Parliament Local Area Development funds to finance these conversions. Will these innovative ideas find some takers?

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 15 2012 | 12:24 AM IST

Next Story