'Railways should go for public offer'

NEW
DELHI: The railroads should travel in for an initial populace offering (IPO) to raise
much needful finances for expansion, said Yashodhara Raje Scindia, military policeman from Gwalior. Speaking on the railing budget argument in Parliament on Monday, she pointed out how
China's railroads had raised money through an
IPO. Referring to an article in
a concern newspaper, she told the House, "This was an interesting article... about the People'S Republic Of China Railway Construction Company," which she said had gone in for an
IPO. She said, "This initial public offering has
been oversubscribed 250 modern times which is something that is unheard of. If China
Railway Construction Company can travel in for an IPO, why can't our Indian Railways
also make the same? They will never necessitate to worry about any money coming in from
the budget." She added, "The
railways can substantially increase their budget by that IPO. Asset the janata
(people) will have got a opportunity of being a portion of the railways. This is my
suggestion and I trust the curate takes note."