No plans to privatise Railways, says Piyush Goyal

June 11, 2018 11:04 pm | Updated 11:11 pm IST - NEW DELHI

The Bengaluru-Karwar/Kannur Express (Train No 16513) will run on a revised schedule during the monsoon.

The Bengaluru-Karwar/Kannur Express (Train No 16513) will run on a revised schedule during the monsoon.

The Centre has no plans to privatise the Railways , Railway Minister Piyush Goyal said on Monday.

“Let me make it very clear that there are no plans to privatise the Railways...,” he said at a press conference to mark his Ministry’s achievements in the past four years.

His statement comes amid concerns voiced by unions about part or full privatisation of the Railways, which has been inviting private participation in station development, infrastructure creation and some other areas.

Mr. Goyal said the Ministry was focussing on safety and pointed out that train accidents had come down from 118 in 2013-14 to 73 in 2017-18. The average annual capital expenditure in the past four years more than doubled to ₹5.29 lakh crore as against ₹2.30 lakh crore in 2009-14.

The Minister said that punctuality was affected in the short term due to the priority given to infrastructure and safety improvement, which would facilitate faster and safer operations in the long term.

On the punctuality situation, Mohammad Jamshed, Member (Traffic), Railway Board, said “We are hopeful that by March 2019, additional 5,000 km of track will be renewed. So most of the renewal arrears will be sorted… So, this will help in smooth operations.”

Mr. Goyal also launched two mobile applications: Rail Madad for registering complaints by passengers through mobile phone; and Menu On Rails for passengers to see meals on offer on trains.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.