PM rules out privatisation of the railways

On a visit to his Lok Sabha constituency on "Good Governance day", Prime Minister Narendra Modi on Thursday ruled out privatisation of the railways but asked people not to be wary of foreign and private capital being utilised for improving infrastructure of the national transporter

IRCTC Railway new train time table 2018-19

Varanasi: On a visit to his Lok Sabha constituency on "Good Governance day", Prime Minister Narendra Modi on Thursday ruled out privatisation of the railways but asked people not to be wary of foreign and private capital being utilised for improving infrastructure of the national transporter.

"There is a misunderstanding that the railways is being privatised. However, I want to make it clear that we are not privatising the railways. We cannot go in this direction. You don't have to worry. It is neither our wish nor thinking," he said, asking the unions not to pay heed to "rumours" in this regard.