Baby Step towards Privatization of Railways: Centre to give 150 trains and 50 railway stations to private companies

Niti Aayog CEO Amitabh Kant said in his letter that an empowered group will be constituted to "drive the process".

This decision is a step towards privatization of Indian Railways. Image Source: Deccan Herald
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Thursday (October 10): In a major move, the Centre today decided to give 150 trains and 50 railway stations to private companies in a time-bound manner.

Niti Aayog CEO Amitabh Kant has written a letter to Railway Ministry informing about the Centre’s decision.

“Considering the recent experience in privatization of 6 Airports a similar process for setting up an Empowered Group of Secretaries to drive the process is required,” Kant said in the letter addressed to Railway Board Chairman V K Yadav says.

Mr. Kant has said in his letter that an empowered group will be constituted to “drive the process”.

“As you are already aware that the Ministry of Railways has also decided to bring in private train operators for passenger train operation and is contemplating to take up 150 trains in the first phase. This would also bring in a paradigm shift in the operation of passenger trains over Indian Railways. The aforesaid Empowered Group of Secretaries may also be also be tasked to drive this initiative also,” the letter said.

This decision is a step towards privatization of Indian Railways.

 

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