Varanasi: Prime Minister Narendra Modi on Thursday ruled out the privatization of the Indian Railways.
“Those who are spreading lies that railways is being privatised… this is not our thought or intention,” PM Modi said at a function here.
“We don’t see railways only as a means to travel. We see it as the backbone of India’s development,” Modi said. “What we want to do is to put more money for development of railways. This will help.”
The Prime Minister added that his government would set up railway universities in all four parts of India. “We have to take the railways ahead and through the railways we have to take the nation ahead.”
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He said that since becoming the Prime Minister in May, “Most of the time I end up talking about railways.”
“Whatever development has taken place since Independence, you will see more development than that in the coming days,” he concluded.