Private trains: The government will collect Rs 1,000 crore as deposit, 151 trains will run.
With the government's decision to launch private trains in the country, it was learned that the government would charge private train companies a deposit of Rs 1,000 crore for the safety of trains and passengers. In addition, government officials will be able to leave the train station only after checking the train.
With the government's decision to launch private trains in the country, it was learned that the government would charge private train companies a deposit of Rs 1,000 crore for the safety of trains and passengers. In addition, government officials will be able to leave the train station only after checking the train..
A meeting of the National Policy Commission, the Ministry of Railways and the Public-Private Partnership Appraisal Committee decided that a private company running trains would have to deposit a security deposit of three per cent of the total amount spent on the railway project.
However, the policy commission felt that there was no need to take security deposit from companies undertaking such a big project. The companies have invested Rs 30,000 crore for the bar cluster in which private trains are to run, so if we do not take a deposit from them, it will work.
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It was argued that if a company could not provide satisfactory service and lift its financial responsibility, the government should have some financial option so that trains in the area concerned do not get stuck.
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