No privatisation for Indian Railways, PPP model to be in focus: Piyush Goyal

Piyush Goyal, Minister, Railways and Commerce, said that there is no privatisation on cards for Indian Railways. However, the government is planning to bring a lot of investments into Indian Railways via Public-Private Partnerships (PPP) and using state-of-the-art technologies from across the world, revealed Goyal. This comes after the launch of IRCTC-operated Lucknow-Delhi Tejas Express on October 4, and is India’s first private train. Apart from that, the Government decided to form a task force to draw a blueprint for handing over operations of 150 Indian Railways’ trains and 50 stations to private operators in a time-bound manner.