NEW DELHI: Railway Minister Suresh Prabhu on Monday asserted that Indian Railways can't be compared to those of China and other developed countries.
"What the Chinese have invested into railways is a mind boggling number. From 2009, they have put in more than 2 per cent of their GDP whereas our share was 0.4 per cent of our GDP.
"The Chinese economy, which is the second largest in the world, is worth $10 trillion, whereas ours is around $2 trillion. So there cannot be a comparison, but yes, we need more investment and we are finding out resources for that," Prabhu said while replying to a discussion in the Rajya Sabha on the railway budget.
Two most common diseases of Indian Railway is populism and inertia. Each political party wants to get political mileage through giving unnecessary employment, giving passenger subsidy etc. As regards technological up-gradation there is no motivation. Why not passenger fare can be rationalized or WAP-7 locomotives can be mademore powerful so that they can run at a speed more than 200kmph?
Chinese corruption is very efficient compared to Indian corruption. In China, you pay only once and, after the payment you are assured that there will be no hindrance. Whereas, in India you have to pay multiple agencies, and inspite of the payment you are still not sure if the project will go through.
Chinese railway technology is very highly cost-effective (and good quality) as compared to Japanese or European technology. Also, Chinese railway technology is based on international standards unlike Japanese technology. There should be no shame in adopting Chinese technology