Private train ticket fares to be competitive with airfares: Railways
Private train operations in the country will begin by April 2023, and the ticket fares in these trains will be competitive with airfares on similar routes, the Railways said Thursday. Addressing a press conference online, Railway Board Chairman VK Yadav said that private players in passenger train operations will mean a quantum jump in technology and coaches that run at higher speeds.
"Train sets have to be brought by private operators and maintained by them. Private train operations are likely to begin by April 2023, all coaches will be procured under Make in India policy. Fares in private trains will be competitive and prices on other modes of transport like airlines, buses will have to be kept in mind,? he said.
He also said that the introduction of private players would also mean that trains will be available on demand and that passenger waitlist will decrease. (Photo: PTI)
He also said that there will be a power meter in every locomotive and private operators will pay for the actual amount of energy consumed. This, Yadav said, will encourage them to keep their energy consumption low.
"Through this the common man will get better trains, better technology and at low cost. The Indian Railways will continue to run 95 per cent of the trains, he said. (Photo: PTI)