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Government of India starts new era of private train

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Government of India starts new era of private train
Niti Aayog along with Piyush Goyal-led Indian Railways has come out with a discussion paper to allow private players to run as many as 150 trains across 100 routes on the national transporter’s network. The project envisages an investment of Rs 22,500 crore. Private Participation.Passenger Trains has identified a total of 100 routes across Indian Railways’ network.the private entity will have the right to collect market-linked fares and also, will be provided with the flexibility of class composition as well as halts. The discussion paper also stated that the privatization of train operations on Indian Railways’ network will help in introducing modern technology as well as rolling stocks with reduced maintenance. Apart from this, it would provide world-class service experience to railway passengers. Additionally, the privatization of train operations will also help in reducing the supply-demand deficit. The private operators could be domestic or international entities.On October 2019, Lucknow-Delhi Tejas Express, the country’s first private train was flagged off. The train is operated Indian Railways’ own subsidiary – Indian Railway Catering and Tourism Corporation (IRCTC). The experiment to allow IRCTC to fully run two trains was the first step by Indian Railways towards inviting private operators. The AC chair car train service offers unique benefits such as free travel insurance and partial refund in case of train delays.

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