Centre to auction modernised railway stations to private players

Centre to auction modernised railway stations to private players

After deciding to privatise 151 passenger trains, the Centre is planning to auction railway stations to private players after modernising the facilities, Union Minister Piyush Goyal said. Addressing a webinar organised by the Merchants’ Chamber of Commerce and Industry (MCCI), the Union railway minister said the bids for privatising the trains were “all out and well responded”. The Centre is planning to auction railway stations to private players after redeveloping facilities. The government has decided to privatise 151 passenger trains and bids for the same were all out and well responded. The Centre has plans to modernise railway stations and then those will be auctioned to private players at a later stage. Work on the freight corridor project has been delayed due to COVID-19 pandemic and it will have to be speeded up. The entire quantum of land needed for the portion of the corridor in West Bengal is yet to be handed over by the state government to the special purpose vehicle for the project.

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