Railways A Huge & Complex System, No Plans for Privatisation: Ashwini Vaishnaw at News18 Chaupal
News 18Railway Minister Ashwini Vaishnaw on Thursday denied reports of privatisation of railways, saying such a move would not happen in the future. He informed that there is also a proposal to use PPP mode for inducting modern rakes to run passenger trains on select routes with an objective to provide improved service delivery to passengers. Last year, the Railway Ministry had invited Request For Qualifications for the participation of the private sector for the operation of passenger trains over 109 OD pairs of Indian Railways routes through the introduction of 151 modern trains. The project, which is said to be the first such initiative of private investment for running passenger trains over the Indian Railways network, would entail private sector investment of around Rs 30,000 crore. The Indian Railways plays an integral role running the world’s fourth largest rail network in the world—across 64,000 route km, ferrying nearly 23 million passengers per day in over 13,000 passenger trains daily.
History of this topic
Vaishnaw rules out privatisation of railways
Deccan Chronicle)
No plans to privatise Indian Railways, says Centre
FirstpostDiscover Related
