A draft specification for private trains, shared by the Railways, says they would provide noise-free travel to passengers and be capable of running at a speed of 160 km/hr.
Retired railway officials, especially Railway Board chairpersons, can be seen taking up private or PSU jobs in sectors directly linked to what they dealt with while in govt.
The Railways wants to finalise details such as new locations for maintenance depots for private trains, station names, etc., by 7 August, which is when the next meet is scheduled.
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.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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