The Railways, which is currently grappling with the most massive corruption scandal in its history, has been forced to turn to the private sector for its fix.
The government, which has been grappling with a slew of corruption scandals, is facing a shortage of funds, so it is asking for a private company to take on the reins of running the railways.
A consortium of private companies is set to be set up to run the country’s rail system, which accounts for a quarter of the total economy.
The railways, which are the largest single sector in India, are also the countrys largest private employer.
A majority of the people in India are employed in the private sectors.
“If the railways want to get back on its feet, they need to look at the private market and the private companies that are ready to step up to take the reins,” said K.V. Nair, professor at Jawaharlal Nehru University, New Delhi.
“We are not just talking about the railways here, we are talking about all the industries, from construction to farming, from retail to the financial sector.
We are talking of a whole slew of sectors.”
The government is seeking a private consortium to run India’s railways, a move that has been criticised as being “too quick” and “too little” by some experts.
But the consortium is unlikely to be the only option.
The Railway Ministry has asked the private firms that are in talks to take over the reins, including those that already own the railways, to also be part of the consortium.
The private companies have also been invited to join the consortium as they have been looking for a fresh approach.
But not everyone is happy about the government’s plan to take charge of the railways in a manner that is more inclusive and equitable.
Some have said the private consortium should not take over from the government.
Others have suggested that the government should also take over all of the companies that have already been put in charge of running Indian Railways.
The current situation of the country, with no clear central agency and with no firm government in place, is not conducive for the private enterprise to step in and do the job of running trains and running stations, said Rajeev Natarajan, a railway expert at the Institute of Railways (IR), an NGO.
The railways, the second largest economy in the world, is under the administration of the BJP government that came to power in the 2014 general elections.
The BJP government has promised to privatise the railways and give it a new face.
In the past, the railways have operated in a more centralized manner.
In recent years, however, the government has taken a more hands-on approach to the rail sector, with many government officials coming into charge of railway companies.
The government has also said that private companies will not be given the authority to run railways, as the government is currently in charge.
It said the government will have the right to decide which private companies should be allowed to take control of the railway.
In fact, there are already some private companies in the railways that have been running trains for a long time.
The private companies, including India Railway Catering and Tourism Limited (IRCTL), which is run by the company Tata, have been operating trains for the past 40 years.
In 2018, the country had a record number of passenger train accidents.
In 2019, the Railways took over the entire countrys railway network and started running trains on public roads.
However, a number of accidents have taken place in the past few years, including a fatal train accident that took place on January 14, 2018, when a passenger train was running at 40 kmph at a speed of 30 kmph.