Railways need to be divided into following corporations
Railway Authority of India. On the lines of Airport Authority of india. It owns the tracks and railway station
Railway Goods Services Corporation. They own goods trains
Railway Passenger Service Corporation.
Bullet Train services
Railway Loco maintenance services
Regulator of Railway tarriff
Private Sector should be allowed to run passenger and goods trains
Upkeep of Railway stations and platform can be given to private concessionaires.
Separate account to be maintained
Activity Based Costing to be followed.
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