Private companies running trains can charge as much as they want. They do not require any approval from any authority for this rental. These companies will run trains on the network of Indian Railways and for this, they can fix the fare whatever they want. Railways have left it to private companies to decide the fare of the train. In addition, they will be free to consider and decide on different options for generating revenue.
This Fare will be According to the Market
Recently, such a thing was also said by Railway Minister Piyush Goyal. In the recent pre-application meeting this type of question also came up. The government will provide 151 trains to private companies for a total of 35 years on 109 routes. In response to the recently raised questions in this matter, the Railways said that the fare of private train will be decided by the companies which will run it.
This fare will be according to the market. No approval will be required for this. According to sources, Indian Railways will have to seek permission from Cabinet or Parliament for such matters. According to the Railway Act, only the Central Government or the Railway Ministry in the country can fix the passenger train fare.
Fare will be much Higher than the Fare of Current Trains
According to officials, the fare for incoming private trains will be much higher than the fare of existing trains. This is because there is no rule to fix fares in these trains. By the way, the fare of Shatabdi Express running from Ahmedabad to Mumbai is much more expensive than the fare of the current trains. Also companies of these trains can sell tickets on their website. However they have to keep the back end of the website with the Railway Passenger Reservation System, which is with the Indian Railways.
Have to do Maintenance Once or Twice a Month
According to Railways, privatization will bring a new change in the speed of trains and technology of coaches. According to the railway official, due to improved technology, the limit will be around 40,000 km for coaches of the train who still need maintenance after every 4,000 km journey. With this, they will have to be maintained only once or twice a month.
151 Modern Private Trains to Run on 109 Routes
Railways have set a timeline for trains with the help of the private sector. Accordingly, the first set of private trains will arrive in 2023. It will have 12 trains. According to the Railways, all 151 trains will be introduced by 2027. Let us tell you that for the first time, railways has invited proposals from private companies to run 151 modern private trains on 109 routes across the country. An investment of around Rs 30,000 crore from the private sector is estimated in this project.
70 Percent Private Trains will be Built in India
Railways has said that 70 percent of private trains will be built in India. These trains will be built at a maximum speed of 160 kmph. Traveling at a speed of 130 km per hour will take 10% to 15% less time, while a speed of 160 km will save 30% time. At present, their speed will be fastest then that of other trains run by the railways. Each train will have 16 coaches. Let us tell you that private trains are running in India under the name of Tejas Express.
16 Companies Participated in the First Meeting
Names of several big companies that have been involved in the operation bid for running private trains have come up, in addition to IRCTC, GMR Group, Bombardier India, CAF, Rights, Bharat Heavy Electricals (BHEL), Medha Group, RK Associates, Sterlite Power, Bharat Forge and JKB Infrastructure.