JK News Today
New Delhi, March 29 Railways Minister Ashwini Vaishnaw has ruled out privatisation of Railways in the country. He said that there is no proposal to do so , in a written reply in Lok Sabha on Wednesday.
There is no proposal to privatise the Indian Railways. However, to unleash faster development and completion of track, rolling stock manufacturing and delivery of passenger freight services, Ministry of Railways under various schemes of Public Private Partnership (PPP) attract investment in various areas viz. network expansion, setting up of locomotive factories, induction of railway wagons, station development, building freight terminals, etc. from the stake holders and strategic investors. Further, outsourcing of certain services like station cleaning, pay and use toilets, retiring rooms, parking and asset maintenance etc. is being done on need based manner to improve these services.
At present, none of the scheduled regular passenger train services over Indian Railways are being operated by private sector.
This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Ashwini Vaishnaw in a written reply to a question in Lok Sabha today.
The total number of employees in Indian Railways as on 01.02.2023 is 11,75,925.