The central Cabinet has approved redevelopment of a large number of railway stations by leasing out the same for 99 years to private players. The Indian Railway Stations Development Corporation( IRSDC) will be the nodal agency.

This is part of the move to privatise Railways step by step. There is very chance that, as in the case of privatisation of airports, all the prices of services in the Railway stations will increase. The central govt. continues its gift to corporates one after another. It has to be protested and defeated.