RAILWAYS

Indian Railways bets on IRCTC’s swanky new corporate trains; top 5 facts every passenger should know

Indian Railways bets on IRCTC’s corporate trains! The country’s third “corporate” train- Kashi Mahakal Express was recently flagged off after the two private Tejas Express trains between Ahmedabad- Mumbai and Lucknow- Delhi were introduced.

Piyush Goyal-led Indian Railways is actively pushing the new model to “outsource” the operating and running of regular passenger trains to the Indian Railway Catering and Tourism Corporation (IRCTC), a PSU under the Railway Ministry, according to an IE report. The ministry also wants to lease out as many as 100 routes to private entities to run 150 trains. Here are some key things to know about the new Indian Railways private model:

1. All the decisions of running the service including food, fare, onboard facilities, housekeeping, complaints, etc., are taken by the corporation. The national transporter is free from these encumbrances and gets to earn a pre-decided amount from IRCTC.

The amount comprises three components- lease, haulage, and custody. The amount is payable even if the occupancy of the train is below expectations and is not doing good business.

Source
Financial Express
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