With lockdown in place and railway cancelling the train booking till 12 August, now the government has officially begin the process of inviting private players to take over Indian Railways.
After privatising few special trains, now the Railways have taken over the plans to allow private entities to operate passengers on 109 pairs of routes.
It is being estimated that government will gain Rs. 30,000 crore out of the disinvestment in railways. This is going to be the first private investment in the history of railways for running passenger trains on Indian railway network. Earlier, the government has launched private trains in India last year by introducing the much hyped Tejas Express.
The private entity will be responsible for financing, operations, procuring and maintaining the trains.