Modi government takes major step to privatise the Indian Railways.
The Modi government has taken a major step in privatising the Indian Railways. It has invited “Request For Qualification (RFQ)” from Indian and foreign corporates for operating 109 pairs of high-speed passenger trains. These 109 pairs of high-speed trains have been formed into 12 clusters to run across the Indian Railway network. The drivers and guards of these trains will be from the Indian Railways. The other employees will be of the private operators. It may be remembered that the Modi government has already allowed 100% FDI in the Indian Railways.(Courtesy: BSNLEU website)