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New Delhi: In what could result in an end of Government monopoly over the Railways, the Economic Survey today suggested private sector participation in passenger trains and rail services for tourist destinations in the country.
"Private entry into passenger train/railway services should be allowed to and from all tourist destinations," the survey recommended.
About a dozen tourist routes could be identified and a single license issued to private companies to provide passenger services on any or all these routes, it suggested.
The survey also shows that although Indian Railways recorded higher growth in passenger traffic last fiscal than in the previous one, growth in revenue earning freight traffic in 2008-2009 fell to almost half as compared to the previous financial year.
The Railways registered mere 4.9 per cent growth in revenue earning freight traffic during the last fiscal, down from the almost double the rate of 9 per cent in the 2007-08 fiscal.
It carried 832.1 million tonnes of revenue earning freight during the last fiscal, according to the Survey.
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