There is important news for those traveling by train.Private companies will soon be able to hire and buy railway coaches to run themed cultural, religious and other tourist circuit trains.Indian Railways is busy in making a policy in this regard.Railways said on Saturday that the Ministry of Railways has constituted an executive director-level committee to allow private companies to do this and to prepare the rules of the project.
The potential of the tourism sector will increase
It is expected that through this facility the capacity of the tourism sector will increase.Also, tourism sector professionals can be leveraged in tourism activities such as marketing, hospitality, integration of services, outreach with the customer base, development and identification of tourism circuits, etc.
One-time purchase of coaches can also be done
Indian Railways is planning to spread rail-based tourism among the public by leasing out the coaching stock to interested parties to run them in the form of themed cultural, religious and other tourist circuit trains.Coaches can be leased to interested parties as per Railways.Apart from this, one-time purchases of coaches can also be done.
The lease will be for up to five years
Under the proposed model, the Railways will allow private parties to undertake minor refurbishment of coaches and leasing of coaches for a minimum period of five years.The interested party will decide on its own business model (route, itinerary, tariff).
Lease charge will not have to be paid on buying a lump sum train
The party running the tourist train will have to pay haulage charges to the Indian Railways.If the train is taken on lease, then the lease charge will also have to be paid.However, the party purchasing the train outright will not have to pay the lease charge.Third-party advertisements will also be allowed in these trains.
At least 16 coach train will have to be bought
Under the scheme, interested parties will have to buy or lease a minimum 16-coach train.The news comes at a time when the Railways' efforts to attract private companies to run their own private trains are getting little interest from the industry.