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Context: Private train operations in the country will begin by April 2023, and the ticket fares in these trains will be competitive with airfares on similar routes, the Railways said on Thursday. Addressing a press conference online, Railway Board Chairman V. K. Yadav said that private players in passenger train operations will mean a quantum jump in technology and coaches that run at higher speeds. His statement came a day after the Railways formally kickstarted its plans to allow private entities to operate passenger trains on its network by inviting requests for qualification (RFQ) for participation on 109 routes through 151 modern trains. Privatisation Project
Reason Behind Privatisation
Other initiative of Privatization in Indian Railways
Benefits
Issues Involved
Pending Provision for Constitution of Railway Development authority
Some Recommendations of the Bibek Debroy Committee
Road Ahead
Conclusion
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