Will Indian Railways Run Passenger Trains By Private Operators? Railway Minister Clarifies

Will Indian Railways Run Passenger Trains By Private Operators? Railway Minister Clarifies

Category : Business

Author: Nob6 Team

Post Date :

[ad_1]

IRCTC Latest News Today: Years after the national transporter unveiled plans to hand over certain routes to private operators, Union Railway Minister Ashwini Vaishnaw on Friday said there is no proposal under consideration for the operation of passenger trains by private players.Also Read – IRCTC Update: Indian Railways Cancels Over 100 Trains Today. Check List Here

In a written reply in Rajya Sabha, the Railway Minister said the railways currently has no proposals in this regard. Also Read – Will Indian Railways Restore Concession in Ticket Fare For Senior Citizens? Ashwini Vaishnaw Replies

Earlier, the national transporter had planned to introduce private trains on its network in phases, with the first dozen due to start running in the 2023-24 financial year and all 151 by 2027. Also Read – Railways Suffered Recurring Loss: Govt Decides Against Restoring Concessions on Fares for Senior Citizens

However, only two bidders, IRCTC and Megha Engineering & Infrastructures, evinced interest at the financial bidding stage.

This has now led to the whole proposal being put on the back burner because of lack of interest among private players.

Vaishnaw had on Wednesday informed the Lok Sabha as well that “at present” there is no plan to run regular passenger trains by private operators.

“Train sets have to be brought by private operators and maintained by them. We are expecting that the private train operations will begin by April 2023. All the train sets and coaches will be procured under this project will be as par Make in India policy,” former railway board chairman VK Yadav had said in 2020.



[ad_2]

Source link

Tags

Ashwini Vaishnaw, Indian Railways Latest Update, IRCTC Latest News

About Author

Nob6

Nob6 have a great team of writers and developers who are enthusiastic about delivering quality content focusing on 10,000 + users and loyal readers. 

Leave a Comment

Author : Nob6

Nob6.com: Nob6 Blog – The Complete blog for Blogging, Business, Money Making Tips, Startups, Webmaster, Guest posting, tips and tricks, and Technology News.

Join Us

Recommended Posts

Mastering Advanced DevOps: Serverless Architectures and Microservices for Enhanced Agility

Mastering Advanced DevOps: Serverless Architectures and Microservices for Enhanced Agility

Trickle Chargers Boosting Your Car's Battery Life

Trickle Chargers: Boosting Your Car’s Battery Life

Which Aspects of Business are Just as Important as Your Main Service

Which Aspects of Business are Just as Important as Your Main Service

What Needs To Be Arranged Before Moving Home

What Needs To Be Arranged Before Moving Home

From Manuscript to Masterpiece How Professional Book Printing Services Make the Difference

From Manuscript to Masterpiece: How Professional Book Printing Services Make the Difference

Fundamental Factors Influencing WSM Coin: A Comprehensive Overview

Fundamental Factors Influencing WSM Coin: A Comprehensive Overview

Business team learning about what are contact center solutions and searching the best one

What Are Contact Center Solutions and How Do They Benefit Businesses?