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Indian Railways will never be privatized: Goyal in Lok Sabha

He said that the country can move towards high growth and create more employment opportunities, when the public and private will work together.

Railway Minister Piyush Goyal said on Tuesday that Indian Railways will never be privatized, but said that private investment should be encouraged for more efficient functioning.

Responding to the discussion on demands for grants for railways, Goyal said that no passenger has died due to a rail accident in two years and the railway is highly focused on passenger safety.

He said that the country can move towards higher growth and create more employment opportunities, when the public and private work together.

The minister said, “Indian Railways will never be privatized. It is the property of every Indian and will remain so.”

Goyal said that the Modi government has invested Rs 2.15 lakh crore in the railways in the financial year 2021-22 from Rs 1.5 lakh crore in the financial year 2019-20.

“We are focusing on passenger safety. I am happy to say that no passenger has died in the last two years. The last death due to a train accident occurred in March 2019, ”the minister said.

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