No question of privatisation of railways, some units will be corporatised: Railways Minister Piyush Goyal

Railway Minister Piyush Goyal on Friday said there was "no question" of privatisation of the railways, but said the ministry will invite investments for new lines and projects in national interest. Addressing the Lok Sabha on the issue of Demands for Grants of the railways, Piyush Goyal said track kilometer grew from 77,609 km to 89,919 km from 1950-2014 and rose to 1,23,236 km in the past five years. READ: Modi Cabinet 2.0: Piyush Goyal Is The New Minister Of Railways & Commerce And Industry; Full Portfolio Allocation Of The Second Narendra Modi-led NDA Government Out "There is no question of privatisation of railways. Railways cannot be privatised. However, if we have to increase the facilities in railways then obviously we need investments for it. We have taken a decision to encourage public private partnerships and we will also corporatise some units," the minister said. "There is no question of privatisation of the railways, but we should invite investment in national interest if there are new projects and lines," the minister told the House. He also said railway budgets which were earlier presented in Parliament were designed to mislead the public and show them dreams about new trains for political gains. "A tea vendor selling tea in front of trains during his childhood saw this country and understood the significance of the railways," said Goyal. READ: WATCH: 'All 8 Crore Free LPG Connections Will Be Provided By The Coming Year' Says Piyush Goyal Hailing Ujjwala Yojana For Improving Quality Of Women's Lives, In Budget 2019 Speech During Congress rule, not one coach was manufactured in Rae Bareli's Modern Coach Factory, one of the production units of which will be corporatised, he said. But the first coach was made in August 2014 shortly after the BJP came to power, he added. "There is only one difference between winners and losers, losers see difficulties while winners look at goals," Piyush Goyal said. READ: Maharashtra State Commission For Women Writes To Railway Minister Piyush Goyal Asking For Reservation 'on Priority For Pregnant And Lactating Mothers On Mumbai Locals'

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No question of privatisation of railways, some units will be corporatised: Railways Minister Piyush Goyal

Railway Minister Piyush Goyal on Friday said there was "no question" of privatisation of the railways, but said the ministry will invite investments for new lines and projects in national interest.

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