New Delhi , July 3:
Private players will begin rail passenger services by April 2023, and they will run only five per cent of the Railways’ total mail and express trains, the national transporter said on Thursday.
Addressing a press conference online, Railway Board Chairman VK Yadav also said that the ticket fares in these trains will be competitive with airfares on similar routes.
He said that private players in passenger train operations will mean a quantum jump in technology and coaches that run at higher speeds.
His statement came a day after the Railways formally kickstarted the process to allow private entities to operate passenger trains on its network by inviting request for qualifications (RFQ) for participation on 109 pairs of routes through 151 modern trains.
Private entities will only run 5 per cent of the trains while the 95 per cent, with the same ticket fares, will be run by the Railways. The poor will get a huge advantage with this, as on the same price they will get better facilities as technology and safety will improve, he said. We are expecting that the private train operations will begin by April 2023.