Rail Budget 2015 pragmatic, to improve ease of doing business, says India Inc

NEW DELHI: Terming the Rail Budget as "pragmatic", India Inc today welcomed the larger role envisaged for the private sector and said various measures proposed would bring in higher efficiency and improve ease of doing business.

  "The Rail Budget would improve ease of doing business and improve connectivity of the manufacturing units with the ports and air connectivity. It would certainly in the long run remove bottlenecks in the key infrastructure for reducing cost of manufacturing in India," engineering exporters body EEPC India Chairman Anupam Shah said.

"The initiatives like larger role of the private sector in station upgradation, rolling stock and bulk transportation would go a long way in making the Railways efficient. Besides, enhancing train speed both for passenger and freight segment would bring in higher efficiency and improve ease of doing business," Assocham President Rana Kapoor said.

Source: http://goo.gl/1ZdM6h