<p>"It is an excellent idea ... state governments should be allowed to adopt PPP model for taking up railway works ... this will improve railways income," he said in response to a query in an interaction session at Business Standard Infrastructure Meet 2011 here.<br />Chaturvedi also hinted at including adoption of PPP model to raise the income of Railways in the ensuing 12th Five Year Plan (2012-2017).<br /><br />There is a massive requirement for the Railways to expand as it has just added 11,000-km odd railway line to 52,000-km line existing prior to the Independence, he said.<br /><br />"Hardly any expansion has taken place in the Railways," he added.<br />The expansion has taken place in line doubling and gauge conversion activities, Chaturvedi said.</p>.<p>Stressing the need for expanding PPP window to improve income in all sectors, he hoped far more private investments as against public investments in the 12th plan.<br /><br />"In 1950s, private investments used to be 45 per cent as against 55 per cent public investments," he said. </p>
<p>"It is an excellent idea ... state governments should be allowed to adopt PPP model for taking up railway works ... this will improve railways income," he said in response to a query in an interaction session at Business Standard Infrastructure Meet 2011 here.<br />Chaturvedi also hinted at including adoption of PPP model to raise the income of Railways in the ensuing 12th Five Year Plan (2012-2017).<br /><br />There is a massive requirement for the Railways to expand as it has just added 11,000-km odd railway line to 52,000-km line existing prior to the Independence, he said.<br /><br />"Hardly any expansion has taken place in the Railways," he added.<br />The expansion has taken place in line doubling and gauge conversion activities, Chaturvedi said.</p>.<p>Stressing the need for expanding PPP window to improve income in all sectors, he hoped far more private investments as against public investments in the 12th plan.<br /><br />"In 1950s, private investments used to be 45 per cent as against 55 per cent public investments," he said. </p>