No privatisation of railways, says Mukul Roy

Image
Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 2:10 AM IST

"I can assure you there is no move to privatise Indian Railways. Wherever railways have been privatised, we have seen the result is not good," Roy said at the All-India Railwaymen's Federation function here.

Proposals are being mooted in the Railway Ministry to outsource some of its core functioning to private companies in the wake of dwindling financial condition of railways.

The Railway Minister, who repeatedly mentioned in his speech the Vision 2020 formulated by his predecessor and his party Trinamool Congress supremo Mamata Banerjee, said the document is the "cornerstone of Indian Railways."

He said railways is lifeline of the country and all attempts are being made to keep it in good condition.

He assured railway employees that the problems in implementation of the scheme for guaranteed employment of wards of railwaymen seeking voluntary retirement will be looked into. "I will review it and try to simplfy it," Roy said.

As per the scheme, if railwayman working in safety category seeks voluntary retirement then his son will be eligible for jobs in Group D category.

However, as per the provision of the scheme, son of the employee must have Class VIII qualification and after getting the job, he must pass Class X examination within five years.

The AIRF has objected to the provision of educational qualification in the scheme.

  

*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: Sep 06 2012 | 5:55 PM IST

Next Story