Sunday, January 15, 2012

Palakkad Coach Factory

Railway Coach Factory allocated to Kerala and proposed at Palakkad seems to come alive after dilly-dallying of 2 years, with Railways surprisingly settling for 300 acres of land from its earlier stand of 900 acres. Whether capacity reduction or dilution of any type of the original plan is the point behind this climb down is not known. The first thing to be done by the State is to ascertain this fact.

It is envisaged as a public private partnership project. Railways and private partner. The required land of 260 acres at Palakkad is given by the State Government and Railway is paying the State for its land. The value will be substantial.

Why can’t Kerala convert this money as its share and join as a partner in the slot of the private participator? The Chief Minister should with all the seriousness negotiate in this line and use his influence at the Centre (?) (His detractors may say he has no influence at all) to get the coach factory as a Railway-State joint venture in the interest of Kerala.

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