Won't privatize railways, says Modi

Image
IANS Varanasi
Last Updated : Dec 25 2014 | 4:40 PM IST

Prime Minister Narendra Modi said Thursday that his government did not wish to privatize the railways.

"Those who are spreading lies that railways is being privatised... this is not our thought or intention," he said at a function here.

"We don't see railways only as a means to travel. We see it as the backbone of India's development," Modi said.

"What we want to do is to put more money for development of railways. This will help."

The prime minister added that his government would set up railway universities in all four parts of India.

Also Read

"We have to take the railways ahead and through the railways we have to take the nation ahead."

He said that since becoming the prime minister in May, "most of the time I end up talking about railways".

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 25 2014 | 4:34 PM IST

Next Story