 "Railways seeks private players, plans Rs 50 trillion investments: Budget")
Indian Railways will need Rs 50-trillion investments between 2018 and 2030 to improve infrastructure, said Finance Minister Nirmala Sitharaman on Friday, indicating private participation in a sector that’s the largest state employer.
"Railways will be encouraged to invest in suburban railways through special purpose vehicles (SPVs) and enhance metro rail network through PPPs," she said in her Budget speech in Parliament.
Public, private participation (PPP) in Railways will include passenger and freight services. Sitharaman indicated the government may use private investment in railway tracks and rolling stock manufacturing. She said the government is looking at private participation because at current
