STOCK MARKET BSE NSE

No proposal to privatise Railways: Piyush Goyal in Lok Sabha

MoS Railways Suresh Angadi said further studies on the issue are on and trials will be held in the coming days.

Published: 10th July 2019 01:58 PM  |   Last Updated: 10th July 2019 02:57 PM   |  A+A-

Railway Minister Piyush Goyal

Railway Minister Piyush Goyal (File Photo | EPS)

By PTI

NEW DELHI: There is no proposal to privatise Indian Railways, Lok Sabha was informed on Wednesday. The response of the Railway to a question on privatisation came against the backdrop of a proposal of the national transporter to give two trains to private operators.

In a written reply, Railway Minister Piyush Goyal said, "No specific passenger train has been identified to be run by private payers so far." However, sources have said that Railways have identified New Delhi-Lucknow Tejas Express, but no official announcement has been made.

ALSO READ| Recruiting people for over 2.94 lakh vacancies: Railway Minister Piyush Goyal

Responding to a supplementary, Minister of State for Railways Suresh Angadi said further studies on the issue are on and trials will be held in the coming days. In his written response, Goyal said, "There is no proposal to privatise Indian Railways".

He was asked whether he is aware that a report submitted to the United Nations General Assembly in September 2018 had highlighted challenges presented by large-scale privatisation to the protection of human rights.

In a separate written reply, Goyal said that as on April 1 this year, there were 189 new lines projects totalling 21,443 kilometres in various stages of planning/ approval/ execution, which will connect areas not covered so far under railway network.

"Launching of new railway projects to cater to the increasing passenger footfall and to connect areas not covered so far under railway network is a need-based ongoing process subject to commercial justification, operational requirement, technical feasibility and resource availability," he said.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

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