Will Indian Railways be privatised? Here's what Piyush Goyal said in Lok Sabha
3 years, 9 months ago

Will Indian Railways be privatised? Here's what Piyush Goyal said in Lok Sabha

India TV News  

Railways Minister Piyush Goyal on Tuesday asserted that Indian Railways will never be privatised but said private investment should be encouraged for more efficient functioning. Replying to a discussion on Demands for Grants for Railways in the Lok Sabha, Goyal said there has been no death of any passenger in rail accidents in past two years and the railways has been putting enormous focus on passenger safety. He said the government is targeting complete electrification of Indian Railways by December 2023 and this year 5,500 km track is going to be electrified. Goyal said the Modi government has hiked investment in railways to Rs 2.15 lakh crore in 2021-22 fiscal, from Rs 1.5 lakh crore in 2019-20 fiscal.

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History of this topic

Lok Sabha passes Railways Amendment Bill, Ashwini Vaishnaw assures it won't lead to privatisation
4 weeks, 2 days ago

Lok Sabha passes Railways Amendment Bill, Ashwini Vaishnaw assures it won't lead to privatisation

India TV News  

Railways Amendment Bill 2024: The Lok Sabha on Wednesday passed the Railways Bill, 2024. 'Bill won't lead to privatisation' Responding to a debate on the Railway Amendment bill, Railway Minister Ashiwni Vaishnaw said in the Lok Sabha said that some MPs have created a fake narrative that this bill will lead to privatisation of Railways. "A few members have said …

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward
5 months, 2 weeks ago

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward

India TV News  

As India aims to become the third-largest economy with a projected GDP of $5 trillion in the next three years, the Railway Budget 2024-25 is expected to play a pivotal role in infrastructure development. Key expectations include significant budgetary allocations, high-speed rail projects, safety upgrades, environmental sustainability, digital transformation, and modernisation of railway stations and coaches. Key budget expectations for …

What is ailing the Indian Indian Railways?
1 year, 7 months ago

What is ailing the Indian Indian Railways?

The Hindu  

Published : Jun 05, 2023 19:07 IST - 1 MIN READ The Indian Railways, one of the world’s largest employers and a crucial component of the Indian economy, is once again in the headlines for all the wrong reasons. One of the reasons cited by many experts as a possible cause behind the mishap was the poor investment India makes …

Vaishnaw rules out privatisation of railways
1 year, 11 months ago

Vaishnaw rules out privatisation of railways

Deccan Chronicle  

HYDERABAD: Union railway minister Ashwini Vaishnaw on Saturday ruled out the privatisation of Indian railways. Rama Rao to keep track of statistics before criticising the Centre, he said Prime Minister Narendra Modi was giving utmost importance to railways. Addressing a press conference here on Saturday, the Union minister said that while the united Andhra Pradesh received a mere Rs 886 …

No plans to privatise Indian Railways, says Centre
2 years, 9 months ago

No plans to privatise Indian Railways, says Centre

Firstpost  

The Railways will continue to fulfil social obligations, the Railway Minister Ashwini Vaishnaw said, adding that Rs 60,000 crore subsidy is provided on passenger fares New Delhi: Railway Minister Ashwini Vaishnaw on Wednesday said the government has no plans to privatise the Indian Railways and opposition parties’ contention in this regard is hypothetical. Replying to a discussion on demands for …

Banks, railways privatisation will leave 5 lakh employees jobless, claims Varun Gandhi
2 years, 10 months ago

Banks, railways privatisation will leave 5 lakh employees jobless, claims Varun Gandhi

India TV News  

Highlights Varun Gandhi opposed any privatisation of banks and railways The BJP MP said it will render five lakh people unemployed Privatisation of banks, railways alone will lead to forced retirement of 5 lakh employees, he said Ruling Bharatiya Janata Party MP Varun Gandhi on Tuesday opposed any privatisation of banks and railways, claiming it will render five lakh people …

Railways won’t be privatised, says Piyush Goyal
4 years, 9 months ago

Railways won’t be privatised, says Piyush Goyal

The Hindu  

The Union government has no plans to privatise the Railways now or in future as it is the property of the people, Railways Minister Piyush Goyal said in the Rajya Sabha on Tuesday. After MPs complained about delayed rail projects, Mr. Goyal said the Centre was focusing on projects without land, forest clearance or encroachment hurdles. Mr. Goyal replied that …

No plan to privatise Indian Railways as it belongs to people: Piyush Goyal in Rajya Sabha
4 years, 9 months ago

No plan to privatise Indian Railways as it belongs to people: Piyush Goyal in Rajya Sabha

Live Mint  

There is no plan to privatise Indian Railways as it belongs to the people of the country, Railways Minister Piyush Goyal asserted in Rajya Sabha on Tuesday after some members raised concerns over it. Indian Railways belongs to the people of this country, it will remain so," Goyal said. Goyal said the government was committed to making Indian Railways world …

Oppn. MPs caution govt. on railway privatisation
4 years, 9 months ago

Oppn. MPs caution govt. on railway privatisation

The Hindu  

on railway privatisation Several Opposition leaders on Thursday cautioned against any move to privatise the Railways and demanded that the separate Railway Budget be restored. Raghavan accused the BJP Centre of showing consistent apathy in the last five years with a high operating ratio for the Raliways, the worst in the last 10 years. S.S. Palanimanickam said the BJP government …

Indian Railways: How private players lining up to run trains is real reform
4 years, 10 months ago

Indian Railways: How private players lining up to run trains is real reform

Op India  

Twenty years ago, air travel was a distant dream for most Indians. We had Indian Airlines and Air India, both creaky government monopolies, run from equally creaky government-run airports. Read: Congress lies about Budget 2020, claims Modi Govt has reduced funds for Indian Railways: Here are the facts Smaller airports are buzzing too. Tata, Adani and Hyundai queue up to …

Salary, social obligations take away big funds of Railways: Piyush Goyal
5 years, 1 month ago

Salary, social obligations take away big funds of Railways: Piyush Goyal

India Today  

Union Railway Minister Piyush Goyal on Wednesday responded on Comptroller and Auditor General of India report which stated operational losses of Indian Railways increasing manifold. Railways have been spending an additional Rs 22,000 crore on salaries and pensions of its employees following implementation of the 7th Pay Commission recommendations, which has hit its financial health, Railway Minister Piyush Goyal said …

Proposal to outsource commercial, onboard services; but no large-scale privatisation plans: Railway Ministry
5 years, 1 month ago

Proposal to outsource commercial, onboard services; but no large-scale privatisation plans: Railway Ministry

India TV News  

There is a proposal to outsource commercial and onboard services of a few trains, but no large-scale privatisation plans are underway, the Railway Ministry informed Parliament on Friday. Railway subsidiary IRCTC, its tourism and catering arm, has already started running railways' first "private" train, Tejas Express from Lucknow to Delhi. There is a proposal to outsource the commercial and onboard …

Not privatising Railways; only outsourcing some services: Govt
5 years, 1 month ago

Not privatising Railways; only outsourcing some services: Govt

India TV News  

The government is not privatising the Indian Railways but only outsourcing commercial and onboard services to private players in order to provide better facilities to commuters, Railways Minister Piyush Goyal said in Rajya Sabha on Friday. Noting that thousands of new trains and more investment are required for providing new facilities/rakes and meet the passengers rush, Goyal said: "If there …

Not privatising Railways, but only outsourcing commercial and onboard services to private players, Piyush Goyal tells Rajya Sabha
5 years, 1 month ago

Not privatising Railways, but only outsourcing commercial and onboard services to private players, Piyush Goyal tells Rajya Sabha

Firstpost  

The government is not privatising the Indian Railways but only outsourcing commercial and on-board services to private players in order to provide better facilities to commuters, Railways Minister Piyush Goyal said in Rajya Sabha on Friday. New Delhi: The government is not privatising the Indian Railways but only outsourcing commercial and on-board services to private players in order to provide …

Solar energy installations for Green Railways: Piyush Goyal
5 years, 5 months ago

Solar energy installations for Green Railways: Piyush Goyal

India TV News  

Efforts are on to make Indian Railways the first Green Railways in the world in the next 10 years with steps like setting up solar energy installations on its unutilised land, electrification of tracks and moving to bio-diesel, Minister Piyush Goyal told the Rajya Sabha. "Probably 10 years from now, can we make Indian Railways the world's first 100 per …

No proposal to privatise Railways: Union Miniter Piyush Goyal
5 years, 5 months ago

No proposal to privatise Railways: Union Miniter Piyush Goyal

India TV News  

There is no proposal to privatise Indian Railways, Lok Sabha was informed on Wednesday. In a written reply, Railway Minister Piyush Goyal said "no specific passenger train has been identified to be run by private payers so far." In his written response, Goyal said, ".there is no proposal to privatise Indian Railways". In a separate written reply, Goyal said that …

No plan to privatise railways or trains like Rajdhani, Shatabdi: Piyush Goyal
5 years, 6 months ago

No plan to privatise railways or trains like Rajdhani, Shatabdi: Piyush Goyal

Live Mint  

Union minister Piyush Goyal on Friday said that the railways has no plans to privatise the national transporter or its premium trains such as Rajdhani and Shatabdi express, amidst speculation that there was a proposal to rope in private operators. Responding to a query on the privatisation of these trains and the entire network, Goyal told the Rajya Sabha in …

No plans to privatise Rajdhani, Shatabdi express trains: Piyush Goyal
5 years, 6 months ago

No plans to privatise Rajdhani, Shatabdi express trains: Piyush Goyal

India TV News  

Railways Minister Piyush Goyal on Friday said that there was were no plans to privatise Rajdhani or Shatabdi express trains. "No plans to privatise railways or its premium trains such as Rajdhani and Shatabdi," Goyal said today. "Whether it is a fact that Government is planning for privatisation of trains like Rajdhani and Shatabdi; In what manner Government would control …

Budget 2019: Safest year for Indian Railways, says Piyush Goyal
5 years, 11 months ago

Budget 2019: Safest year for Indian Railways, says Piyush Goyal

Live Mint  

New Delhi: The Union budget has allocated ₹64,587 crore outlay for Indian Railways for the upcoming financial year 2019-2020 to expand the railway infrastructure in the country. In his interim-budget speech on Friday, the finance minister Piyush Goyal said Indian Railways has witnessed its safest year in the history in 2018-19 and the national carrier has been able to remove …

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