The Union government led by Prime Minister Narendra Modi is going ahead with its policy to privatise one after another company owned by the government. So far, the government has privatised several state-owned firms.
Following this, several media reports are abuzz that the Union Government is planning to private the Indian Railways too. Railways Minister Piyush Goyal was asked the same question in Lok Sabha today.
Replying to the question, the Railways Minister said the Indian Railways will not be privatised. However, the Minister said for the effective functioning of the Railways, private investment should be encouraged.
“Indian Railways will never be privatised. It is a property of every Indian and will remain so,” he said. Railways will remain with the Union Government, the Minister added.
Adding further, the Minister said the Railways has been focusing on passenger safety and said in the past two years no passenger lots life in a real accident.
Talking about the investment in the Railway sector, the Railways Minister said, when the public and private sectors work collectively, the country can progress which in turn results in creating more and more employment opportunities.
