Public-private partnership in railways: a new approach

Abstract

The evolution of public-private partnership in Indian Railways shows a unique incremental bottom-up pattern, contrary to the existing railway privatisation framework, which advocates a project-centric top-down reform approach. Based on an in-depth research on the Indian Railways, this paper proposes a two-dimensional PPP framework for railways which will have better social and political acceptance and encounter less resistance to change within a government organisation.