No question of privatisation of railways, some units will be corporatised: Piyush Goyal

The minister said railway budgets which were earlier presented in Parliament were designed to mislead the public and show them dreams about new trains for political gains.

Published: 12th July 2019 04:08 PM  |   Last Updated: 12th July 2019 04:08 PM   |  A+A-

Commerce Minister Piyush Goyal

Union Railway minister Piyush Goyal (File Photo | PTI)

By PTI

NEW DELHI: Railway Minister Piyush Goyal on Friday said there was "no question" of privatisation of the railways, but said the ministry will invite investments for new lines and projects in national interest.

Addressing the Lok Sabha on the issue of Demands for Grants of the railways, Goyal said track kilometre grew from 77,609 km to 89,919 km from 1950-2014 and rose to 1,23,236 km in the past five years.

"There is no question of privatisation of railways. Railways cannot be privatised. However, if we have to increase the facilities in railways then obviously we need investments for it. We have taken a decision to encourage public private partnerships and we will also corporatise some units," the minister said.

READ MORE | Railways to have four lakh berths on a daily basis from October 2019

"There is no question of privatisation of the railways, but we should invite investment in national interest if there are new projects and lines," the minister told the House.

He also said railway budgets which were earlier presented in Parliament were designed to mislead the public and show them dreams about new trains for political gains.

"A tea vendor selling tea in front of trains during his childhood saw this country and understood the significance of the railways," said Goyal.

During Congress rule, not one coach was manufactured in Rae Bareli's Modern Coach Factory, one of the production units of which will be corporatised, he said.

But the first coach was made in August 2014 shortly after the BJP came to power, he added.

"There is only one difference between winners and losers, losers see difficulties while winners look at goals," Goyal said.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp