New Delhi: Union Railway Minister Ashwini Vaishnav on Thursday (December 2) rubbished all rumors of privatization of Indian Railways. Vaishnav said the iconic national transporter would not be privatized, adding that such a step would not be taken in future also.
On the sidelines of a media event, the minister said that the Center is not working on any privatization plan for the Indian Railways. He said that railways is a vast and complex system.
In addition, he heard direct feedback from commuters and tea stall vendors. He said the feedback was valuable and appreciable. He was speaking at the News18 India Choupal event.
However, this is not the first time that a railway minister has denied plans to privatize Indian Railways. Earlier, his predecessor Piyush Goyal had also made it clear that the career would never go into private hands.
“Let me assure you that Railways is the property of India and will never be privatized. It is and will be the property of every Indian. However, he did not hesitate to propose that private investment could make the functioning of the Indian Railways more efficient.
Earlier on Wednesday (December 1), Vaishnav, who is also the Union IT minister, said the electronics manufacturing industry’s commitment and assurance to drive revenue of USD 300 billion by 2025-26 provides “great confidence”. Read also: Anand Rathi Wealth IPO: Check Latest GMP, Membership Status
Speaking at the week-long ‘Azadi Ka Digital Festival’ showcasing India’s achievements in the digital space, Vaishnav highlighted that the world is now opening up to India and treating the country as a manufacturing hub. Is. Read also: Elon Musk taunts Parag Agarwal, Jack Dorsey with Stalin meme
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