Steps are needed at granular level to boost investment in infrastructure, says Vinayak Chatterjee.
Urban mass transit authority to be set up; it will act as nodal agency for planning and coordination of project related works.
Inviting private sector in Indian Railways is a good idea.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
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