gfiles magazine

January 30, 2020

Cover story: Selling family silver


FACED with an existential challenge of continuing to shoulder the humungous exercise of operating 22,593 trains (9,141 freight and 13,452 passenger trains) daily, the government has apparently decided to exit from the rail transportation business. Following the December 24, 2019, decision of the Union Cabinet to merge the eight Railway services into a single Indian Railways Management Service (IRMS), the process of the dismantling of the superstructure of the Indian Railways – the last of the monopolies of the India government – has been initiated.

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