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3 pillars of the strategy for Indian Railways has been proposed by the Government:
♤ Nav Arjan or New revenues (focus on new sources of revenue)
♤ Nav Manak or New norms (optimising outgo on each activity); and
♤ Nav Sanrachna or New Structures (revisiting all processes, rules, and structures)
A guided approach to the overhaul of Indian Railways, supported by organisational changes and certain strategic decisions regarding relative allocation of resources between rail and road; undoubtedly will be a boon for India’s growth.