Keeping it straight

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| The line for the freight corridor may or may not get twisted into strange shapes by political pulls and pressures, but even without that uncertainty, it has several unanswered questions. The questions begin with the standard ones on commercial and economic logic. With economic growth at around 8.5 per cent, commercial returns are assured between most major hubs of economic activity, especially since 70 per cent of the freight carried by the railways now comprises energy shuffling. Indeed, it is this that gives the oil companies a reason to invest in the high-speed track. The question of whether private investors will be allowed to do so too has not yet been decided, but given the government's thrust towards public-private partnerships, it is more than likely that they will be invited to take part. One issue for resolution is that concerning feeder tracks: since the railways own and control them, they will be able to control the freight on the high-speed track as well. Tariffs will also be a problem as the railways' own goods trains will compete with privately-owned trains. Past experience has shown that the railways have preferred to divert traffic away from the Konkan railway, and on to lines that they fully own even if that meant taking a longer route, merely because they did not want to lose or share any revenue. It is easy to see how these and other difficulties will crop up when the freight corridor gets going. If there is foresight, these and other such problems should be anticipated now and solutions worked out before work begins, not after money has been sunk and critical choices made. |
First Published: Oct 11 2007 | 12:00 AM IST