The move of the Government and the Railway Ministry to form a Railway Development Authority (RDA) is the next step for privatisation of the Railways. According to reports in Business Line, the government has prepared a concept paper on the matter and has invited stake holders’ comments.
Another report says that the Government is proposing to hand over 400 Railway Stations to private for modernisation as has been done in the case of Airports earlier. This is stated by Finance Minister Arun jaitely. They will be allowed to utilise the lands of the Railways for constructing buildings etc.
It is to be remembered here that the formation of Telecom Regulatory Authority of India (TRAI) was done in connection with the privatisation of telecom sector. Now it is the Railways!