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Indian Government to Admit Private Train Operators in First Bullet Train Corridor

     The Indian government has decided to start India's first bullet-train corridor between Mumbai and Ahmedabad to admit private train operators for the 1st time. As per the decision, Indian Railways will operate the bullet train corridor for 5 years after it is started. After that private operators will run the service , the onboard services, fares etc.,.

     Japan, which is funding 81 per cent of this project, also has private operators running the Shinkansen. The Arvind Panagariya-led Committee, which had approved the project, has incorporated this policy move which has subsequently been approved by the Cabinet.

     Railways will execute a policy, which will enable the private operators to come in and either share revenue with or pay a certain amount of fee to the national transporter for this service. Prime Minister Narendra Modi told that as per the official timeline, the service is expected to commence by 2022.
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