Niti Aayog CEO Amitabh Kant said on Thursday that request for quotation for private investment has been floated and the due date for applications is October 7th. He also said that he is confident that it’ll bring in investments in India for modern techonology of Railways, from across the world. He was speaking at a press conference with Railway Board Chairman.
The modernization of Railways will bring a paradigm shift, as it will help re-write the growth story of India.
This is an excellent opportunity to tap into the potential of massive unmet demand in the passenger business, through premium passenger services: CEO @amitabhk87 pic.twitter.com/L8hwsXuAd7
— NITI Aayog (@NITIAayog) September 17, 2020
Niti Aayog with the Railway Ministry hosted an interactive stakeholder consultation on private sector participation in passenger train operations on Indian Railways in December last year . The event co-chaired by Niti Aayog CEO Amitabh Kant and Railway Board Chairman Vinod Kumar Yadav was hosted to discuss Public-Private Partnership in passenger train operations to improve rail passenger services.
The initiative is being hailed as path breaking in providing world-class rail passenger service and to boost growth in the railways sector through premium passenger services.
