New Delhi: With the permission of private operators to operate 150 private trains on 100 rail routes, an investment of more than 22 thousand crores is expected. The Indian Railways and NITI Aayog have prepared a blueprint for the same. According to news agency PTI, a discussion paper titled 'Private Partnership: Passenger Trains' has been brought about the investment.
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It has identified 100 routes, allowing private units to operate 150 trains, with an investment of Rs 22,500 crore. The important thing is that foreign companies will also be able to invest in it. It has been told in the discussion paper that private companies will be allowed to charge the fare in their vehicles according to the market. According to their convenience, it will be able to install different categories of bogies in these trains and also choose the stations with their stoppage on the route.
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Along with this, the privatization of trains will help in bringing modern technology and reducing the cost of maintenance. With the availability of world-class facilities to the passengers, it will also help in reducing the demand and supply gap. Indian Railways is currently working on it.
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