Thrissur Railway Passengers' Association, TRPA is the confluence of all the stake holders who are interested in the development of Railway facilities in and around Thrissur. Naturally, all the people who avail Railway facilities from Thrissur and other neighbouring stations are automatically the members of this association. Due to the historic reasons, commuters from Thrissur towards Ernakulam, Kozhikode and Palakkad sides form the active group. TRPA always stands for meeting the public demands and this process is well supported by Railway Men, Political Leaders and the Media in Thrissur. The tireless efforts by TRPA in achieving the long standing basic requirements of Thrissur are well recognised and appreciated by one and all. TRPA is committed to continue its service to the society at large, cutting across all divisions. "Our prime focus is on the sustainable improvement of rail service in the country to world class levels with special emphasis on Thrissur"

Wednesday 7 October 2015

Railways as New Growth Locomotive

Reforms are beginning to show results

At a time when public investment is sorely needed to crowd in reluctant private investment, it is welcome to note that the Railways is rising to the challenge. It is coagulating capital on a scale far in excess of what would be possible purely on the strength of support from the general Budget, lowering its operational costs, restructuring the decision-making process to make it faster and setting up a regulator to ensure fair treatment of private partners as they deal with the behemoth. The Railways' job is to be a vital component of globalising India's transport infrastructure. Investing in itself to realise this goal also drives India's growth. The goal to invest ` . 8.5 lakh crore over the next five years is ambitious but needed, to add and improve the quality of rolling stock, upgrade signalling and increase capacity along the routes that offer maximum revenue potential.
The Railways is raising resources in innovative ways: foreign direct investment in new-age locomotives and coaches, long-term, surprisingly low cost debt from the Life Insurance Cor poration, leveraging railway land aro und stations to develop commercial real estate via private sector partners, and setting up new corporations for new projects. It is also developing pro jects for rail connectivity to many ports and mines. Strikingly , 17 states have agreed to set up special purpose vehicles to undertake projects, raising debt several times its equity to carry out investment. The Railways expects large-scale procurement orders from the enterprises it owns to enhance the value of these companies that can be discovered by stake sales and listing, leading to larger mobilisation of debt for investment.This amounts to corporatisation of the Railways by the backdoor, without much resistance from the unions.
The Railways is aggressively moving to lower its fuel costs. The long-term strategy is electrification, while the short-term one is to become a licensee that can buy power directly from generation companies such as the Ratnagiri Gas and Power, which will sell it power at ` . 5 a unit, while the Railways pays ` . 7 a unit. Way to go!
(The Economic Times dt 8-10-2015)

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