 "The cost of freight movement by road is ~2.58 per ton-kilometre, compared with ~1.41 per ton-km for rail and Rs 1.06 per ton-km for waterways")
The central government’s plan to privatise Shipping Corporation of India (SCI), after years of uncertainty in this regard, could, if coupled with no or delayed corporate action on the ground, affect the business in the long run, say many in the sector.
“Once the divestment news was out, virtually all decisions in the company came to a standstill. To top it all, long-term contract customers are having a rethink and the business situation will eventually becomes chaotic,” a former chairman of SCI told Business Standard on condition of anonymity.
In April 2003, the Cabinet Committee on Disinvestment had
“Once the divestment news was out, virtually all decisions in the company came to a standstill. To top it all, long-term contract customers are having a rethink and the business situation will eventually becomes chaotic,” a former chairman of SCI told Business Standard on condition of anonymity.
In April 2003, the Cabinet Committee on Disinvestment had
