Private Trains In Railways

Union minister V K Singh on Saturday pointed out the dearth of trained security professionals in the country and urged the private security sector to fill the gap.

Government's plan to monetise railway assets by allowing private sector players to operate trains didn't attract investors due to improper structuring

Indian Railways plans to lease, sell train coaches to private parties in order to run theme-based cultural-religious, and tourist circuit trains.

Railway Budget 2021: Along with the main allocation, the agency also expects that the allocation of safety fund for the railway network should be increased by 50 per cent to Rs. 30,000 crore

Union Budget 2021: Last year, Finance Minister Nirmala Sitharaman had announced the introduction of 150 private trains across the national rail network in the next three-four years

The Habibganj and Gandhinagar stations will be the country's first stations to be redeveloped into world-class transit hubs with airport-like facilities

Public-Private Partnership In Indian Railways: Infrastructure-sector leaders such as Larsen & Toubro (L&T), GMR, BHEL are among the 102 eligible applicants qualified to bid in the first stage.

The Railways on Saturday said select 10 per cent employees of co-operative and private banks will be allowed to travel on Mumbai's suburban trains.

The government will allow private companies to set passenger fares once they start operating train services in the country, a move aimed at luring investors, as Prime Minister Narendra Modi-led administration opens up the railway network.

Private entities have to pay heavy penalties in case the trains they operate are delayed or reach the destination early, according to a draft key performance indicators for private operators released by the Railways.

Twenty-three firms including Alstom Transport India Ltd, Bombardier Transportation India, Siemens Limited, GMR Infrastructure and some PSUs have shown interest in operating private trains in the country, and they attended a pre-application meeting Wednesday as a first step, the Railways said.

The GMR group, Bombardier India, Spanish coach and component maker CAF, PSUs RITES and Bharat Heavy Electricals are among 16 companies which have shown interest in the private train project, sources said.

Ministry of Railways organised a pre-application conference on Private Train Project in Delhi on Tuesday where they received the participation of around 16 prospective applicants.

The first set of 12 private trains will be introduced in 2023, followed by 45 more in the next fiscal, according to an initial timeline drawn by the railways which plans to roll out all 151 such train services by 2027, officials said.

Railway Board Chairperson VK Yadav on Wednesday said the decision of the Railways to bring in private entities to run 151 passenger trains will not result in any job losses but will increase employment opportunities, bring in new technology and also enable the national transporter to provide trains on demand.

Union minister V K Singh on Saturday pointed out the dearth of trained security professionals in the country and urged the private security sector to fill the gap.

Government's plan to monetise railway assets by allowing private sector players to operate trains didn't attract investors due to improper structuring

Indian Railways plans to lease, sell train coaches to private parties in order to run theme-based cultural-religious, and tourist circuit trains.

Railway Budget 2021: Along with the main allocation, the agency also expects that the allocation of safety fund for the railway network should be increased by 50 per cent to Rs. 30,000 crore

Union Budget 2021: Last year, Finance Minister Nirmala Sitharaman had announced the introduction of 150 private trains across the national rail network in the next three-four years

The Habibganj and Gandhinagar stations will be the country's first stations to be redeveloped into world-class transit hubs with airport-like facilities

Public-Private Partnership In Indian Railways: Infrastructure-sector leaders such as Larsen & Toubro (L&T), GMR, BHEL are among the 102 eligible applicants qualified to bid in the first stage.

The Railways on Saturday said select 10 per cent employees of co-operative and private banks will be allowed to travel on Mumbai's suburban trains.

The government will allow private companies to set passenger fares once they start operating train services in the country, a move aimed at luring investors, as Prime Minister Narendra Modi-led administration opens up the railway network.

Private entities have to pay heavy penalties in case the trains they operate are delayed or reach the destination early, according to a draft key performance indicators for private operators released by the Railways.

Twenty-three firms including Alstom Transport India Ltd, Bombardier Transportation India, Siemens Limited, GMR Infrastructure and some PSUs have shown interest in operating private trains in the country, and they attended a pre-application meeting Wednesday as a first step, the Railways said.

The GMR group, Bombardier India, Spanish coach and component maker CAF, PSUs RITES and Bharat Heavy Electricals are among 16 companies which have shown interest in the private train project, sources said.

Ministry of Railways organised a pre-application conference on Private Train Project in Delhi on Tuesday where they received the participation of around 16 prospective applicants.

The first set of 12 private trains will be introduced in 2023, followed by 45 more in the next fiscal, according to an initial timeline drawn by the railways which plans to roll out all 151 such train services by 2027, officials said.

Railway Board Chairperson VK Yadav on Wednesday said the decision of the Railways to bring in private entities to run 151 passenger trains will not result in any job losses but will increase employment opportunities, bring in new technology and also enable the national transporter to provide trains on demand.