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The CRRC, which emerged the lone contender for the bid, could get dropped in light of the diplomatic tensions between India and China.
Private participation in passenger train operations will only be 5 per cent of the existing 2800 mail/express trains, Railway Board Chairman VK Yadav added.
In a letter, Railway Board said multi-disciplinary business units will be set up & ads will be released to publicise that such units are available & Railways is keen to attract new traffic.
The Railways Wednesday invited Request for Qualifications for private companies to operate 151 passenger trains on 109 Origin Destination pairs of routes.
Till now, only passenger trains in India were scheduled, while freight trains ran whenever they were loaded.
A letter by Railways Financial Commissioner to all general managers, says traffic earnings of Railways until end of May 2020 have already dropped by 58%.
A letter sent to the Railways last month said 4 computers in use at different offices have been attacked by malware through a process called spear-phishing.
Data on the railways freight earnings show the shortfall for the first 10 days of June was much lesser than the cumulative shortfall for this year so far.
The 2016 contract was for a signalling project. If the project’s funder, World Bank, doesn’t accept the decision, the Railways is ready to fund it on its own.
Ministry of Railways writes to zonal managers, stating that the railways must start competing with road transports who offer round-trip discounts on goods.