NDTV Profit Exclusive | Ashwini Vaishnaw On Why Private Sector Kept Out Of Railways | NDTV Profit - video Dailymotion

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#NDTVProfitExclusive | Why private sector kept out of railways? Minister for Railways Ashwini Vaishnaw says it's too complex. Watch whole conversation with Tamanna Inamdar: https://bit.ly/41GVgDS Read: https://bit.ly/3RG4nBk

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00:00 I just want to come back to the question of the private sector's participation because

00:05 there was a push or at least there was an idea that let us privatize some stations,

00:10 let us get private sector onto some sections or some routes.

00:17 Was that abandoned because it did not finally make sense or the private sector did not seem

00:21 like they were interested?

00:22 It is too complex a sector for private sector firms, too complex an entity.

00:29 Multiple subsystems all interacting with each other, all of them if the signaling system

00:35 fails, who takes the liability for the safety of trains?

00:39 It is very, very complex.

00:41 It is like in your body if you have an ache in your leg, you will be treating the leg

00:50 but in the case of railway if somebody hits your leg the pain will be somewhere in the

00:55 head.

00:56 It is that complex.

00:57 It is very difficult.

00:58 So then how do you allocate liabilities on different players in the party?

01:03 So it becomes very difficult.

01:05 Contractually also it becomes very complex.

01:07 [Music]

NDTV Profit Exclusive | Ashwini Vaishnaw On Why Private Sector Kept Out Of Railways | NDTV Profit

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