Ownership of Indian Railways to remain with government: Prabhu

Source:  www.business-standard.com

Railways Minister Suresh Prabhakar Prabhu on Tuesday reiterated that railways will not be privatized and the ownership of it will always remain with the government.

Addressing the conference of General Managers of all Zonal Railways and Production Units here, Prabhu said that we need funds to invest in various pending projects and future projects.

“Vigorous efforts are being made to mobilize investments in Railways Sector. Capacity augmentations is another important area which needs attention as we have to decongest highly dense traffic routes through double line, triple line or more lines, besides creating new railway connectivity,” he said. More info

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