Budget 2020: Big Update for passengers, Indian Railways to introduce 150 new trains via PPP Model

Finance Minister Nirmala Sitharaman announced big-ticket projects for Indian Railways in her speech on the railway Budget 2020, as part of a Union budget speech. FM Sitharaman has stated that 150 private trains are to run via the Indian Railway network through a PPP model over the coming years and that the RFQ invitation is given already. She also said that further express trains in Tejas will be operated on iconic tourist routes in the coming years.

Railway Budget 2020: Big Update for the passengers, Indian Railways to introduce 150 new trains via PPP Model

In the talk about the railways budget for 2020, Sitharaman pointed out that several thousand Indian Railways had free high-speed WiFi access at their stations. FM says India is being closely monitored on schedule for implementation of the first bullet train project between Ahmedabad and Mumbai. Indian Railways also aims at constructing solar plants on railways. Finance Minister Nirmala Sitharaman has stated that Indian Railways will use the Public-Private Partnership (PPP) model to construct a Kisan Rail for the farmers of our nation.

Railway Budget 2020: Big Update for the passengers, Indian Railways to introduce 150 new trains via PPP Model

The freight trains would allow the farmers to easily move their perishable goods. FM Sitharaman also discussed the continuing safety focus of the Ministry of Railways led by Piyush Goyal, and the rapid decline in the number of disastrous rail accidents.