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Suhel Seth inducted as member of Expert Committee on Railways

Suhel Seth inducted as member of Expert Committee on Railways

Author | exchange4media News Service | Thursday, Feb 04,2010 7:32 AM

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Suhel Seth inducted as member of Expert Committee on Railways

The Ministry of Railways has decided to induct Suhel Seth, CEO, Counselage, as a member of the existing Expert Committee on Railways, chaired by Dr Amit Mitra, Secretary General of the Federation of Indian Chambers of Commerce & Industry (FICCI).

Seth will chair a sub-committee to provide new thinking and innovative approaches in the areas of advertising for generating significant additional quantum of resources by the Railways by leveraging infrastructure, beyond the current earnings from this source.

The Expert Committee on Railways has been set up for developing business models and innovative funding through public-private partnership (PPP) instruments on the Railways.

According to an official press release, the main objectives of the Expert Committee include developing structures that maximise the role of PPPs, developing innovative funding techniques through PPP instruments, identifying economically unviable, but socially desirable, projects for implementing them through innovative funding, initiating policies that would ensure time-bound creation of world class infrastructure delivering services matching international standards and monitoring progress of key infrastructure projects to ensure that established targets are realised.

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