India Railways' turnaround being stopped in its tracks. $20B owed by Indian railways, up $7B in the last 3 years. PM.Narendra Modi, who set out plans to overhaul the world's 4th largest rail network after he took power in 2014. Modi's #133 Billion, five -year program backed by private and public investment aimed to boost passenger and freight volumes, lay new tracks, modern trains and drive growth to help meet ambitious economic targets. Reuters.