Centre to form empowered group to privatise 150 trains, 50 railway stations


Centre to form empowered group to privatise 150 trains, 50 railway stations

The government is in the process of forming a task force to draw a blueprint for handing over operations of 150 trains and 50 railway stations to private operators in a “time-bound manner”.

A letter from Niti Aayog CEO Amitabh Kant to Chairman Railway Board VK Yadav said an empowered group will be constituted to “drive the process”.

Besides Yadav and Kant, Secretary, department of economic Affairs and Secretary, ministry of housingNSE -1.98 % and urban affairs will be part of the empowered group.

Kant said while the railways was required to take up 400 railway stations for development into world class stations, very few have been upgraded so far. Read More

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