Privatisation of Railways – IAS Synopsis
Excerpt/ Sample:
Proposals regarding Privatization
- At least 151 modern trains will be introduced and 109 pairs of routes will be planned out for private train operations.
- Train sets have to be brought by private operators and maintained by them.
- Fares in private trains will be competitive and prices on other modes of transport like airlines, buses have to be kept in mind while fixing the fares.
- Private participation in passenger train operations will only be 5% of the total operations of Railways. 95% of trains will still be run by Indian Railways.
- Will bring private sector investment of about Rs. 30,000 crore.
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