Centre Plans To Auction Modernised Railway Stations To Private Players: Railway Minister

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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 on Monday.

Addressing a webinar organised by the Merchants’ Chamber of Commerce and Industry (MCCI) here, the Union railway minister said the bids for privatising the trains were “all out and well responded”. “There are plans to modernise the railway stations. Then, those will be auctioned to private players at a later stage,” he said.

Work on the freight corridor project will have to be speeded up, the Union minister said adding that it got delayed due to the COVID-19 pandemic. “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,” he said.