Though Shri Suresh Prabhu, Railways Minister rules out privatisation, he has approached NITI Ayog Chairman Arvind Pangaria to prepare a road map for  Regulator in Railways on the lines of TRAI and Power Regulator. This clearly shows that private corporates are going to be involved in profitable operations in Railways.
The AIRF and other Railways Federations have already expressed their strong protest against privatisation.
Modi government is on a crusade for the private corporates.