Suresh Prabhu's Mission Impossible!
Business Today|August 28, 2016

Suresh Prabhu is on a mission to make the Indian Railways fast, efficient and profitable. But he faces extraordinary odds in his quest. 

Anilesh S. Mahajan
Suresh Prabhu's Mission Impossible!

Every week, without fail, Railways Minister Suresh Prabhu takes stock of the two dedicated freight corridors (DFCS) that are being constructed – one running from Delhi to Mumbai and the other connecting Ludhiana to Dankuni in West Bengal. He pores over the reports giving details of different segments of the two stretches. And he has also started getting drone footage of various stretches, which will be sent to him quarterly.

Work on the two corridors, which began under the UPA government in 2008, had been slow. Things began to change when Prabhu became minister in November 2014 after the new NDA government took charge. Today, 95 per cent of the land is acquired, and projects worth ₹48,000 crore allocated. The first stretch of the Eastern DFC connecting Khurja (near Aligarh) to Bhopur (near Kanpur) is expected to be commissioned in December 2017. And both the DFCS are likely be commissioned in full by end-2019.

Prabhu is clear that nothing should hold up work on these projects. After all, the DFCS are crucial to his plan to raise revenues and regain lost freight market share from roads. There are hiccups – 1,042 court cases and 3,391 arbitration cases are being fought between those who lost land for the projects and the DFCCIL. But Prabhu is undeterred – he wants to add three more DFCS connecting Delhi-Chennai (north-south), Kharagpur-Mumbai (east-west) and Kharagpur Vijayawada on the east coast. The new DFCS will optimise the existing tracks and will opt for greenfield projects selectively.

This story is from the August 28, 2016 edition of Business Today.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August 28, 2016 edition of Business Today.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAYView All
Look Before You Leap
Business Today India

Look Before You Leap

In 2025, Investors Will Need To Factor In Volatility Across Asset Classes

time-read
6 mins  |
December 08, 2024
"Focus on the challenge of each customer"
Business Today India

"Focus on the challenge of each customer"

SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company

time-read
1 min  |
December 08, 2024
PEDAL ON THE FUTURE
Business Today India

PEDAL ON THE FUTURE

THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY

time-read
1 min  |
December 08, 2024
BREATHE EASY
Business Today India

BREATHE EASY

Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference

time-read
2 mins  |
December 08, 2024
The Taste of India in a Glass
Business Today India

The Taste of India in a Glass

FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN

time-read
4 mins  |
December 08, 2024
MISSING ADVISORS
Business Today India

MISSING ADVISORS

INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE

time-read
7 mins  |
December 08, 2024
TURNING A CORNER
Business Today India

TURNING A CORNER

SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE

time-read
5 mins  |
December 08, 2024
REALITY CHECK
Business Today India

REALITY CHECK

INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?

time-read
6 mins  |
December 08, 2024
TRUMP'S TRADE TANGO
Business Today India

TRUMP'S TRADE TANGO

The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?

time-read
9 mins  |
December 08, 2024
"The essence of the Trump administration will be transactional”
Business Today India

"The essence of the Trump administration will be transactional”

Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more

time-read
10 mins  |
December 08, 2024