{"id":435709,"date":"2021-09-13T17:34:40","date_gmt":"2021-09-13T12:04:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=435709"},"modified":"2021-09-13T17:35:40","modified_gmt":"2021-09-13T12:05:40","slug":"buy-or-lease-a-train-indian-railways-boost-to-tourism-private-players-can-now-lease-buy-train-coaches-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/buy-or-lease-a-train-indian-railways-boost-to-tourism-private-players-can-now-lease-buy-train-coaches-2\/","title":{"rendered":"Buy or lease a train! Indian Railways\u2019 boost to tourism; Private players can now lease, buy train coaches"},"content":{"rendered":"<p>Indian Railways to give a boost to India\u2019s tourism industry by leasing, selling coaches to private parties! In a bid to tap the country\u2019s tourism potential as well as to leverage the core strengths of the professionals of the sector in tourism activities such as hospitality, marketing, reach with customer base, integration of services, expertise in development\/identification of tourist circuits, etc., the national transporter is planning to spread railway based tourism among masses through leasing of coaching stock to interested parties. With this, interested private companies would be able to run these trains as theme based religious, cultural and other Tourist Circuit train services. To formulate the policy along with terms and conditions, the Railway Ministry has constituted an Executive Director level committee. Following are some broad features of the proposed model: <\/p>\n<p>Leasing of Indian Railways\u2019 coaches as per the interested player\u2019s desired configuration. Besides, bare shells may be taken on lease. Also, outright purchase of coaches can be done as well. <\/p>\n<p>\u2022\tMinor refurbishment of these coaches is allowed <\/p>\n<p>\u2022\tLeasing of coaches to be done for a minimum of five years\u2019 period as well as extendable till codal life of coaches <\/p>\n<p>\u2022\tFor leasing purpose, minimum train composition as per policy guidelines <\/p>\n<p>\u2022\tInterested private player to decide\/develop business model (tariff, routes, itinerary, etc) <\/p>\n<p>\u2022\tSimple process of registration for interested players based on eligibility criteria <\/p>\n<p>\u2022\tHaulage charges, nominal stabling charges as well as lease charges will be levied by Indian Railways <\/p>\n<p>Some of the other features of this policy will include priority in punctuality, no haulage for maintenance runs, timely approvals for coach refurbishment as well as itineraries, third party advertising allowed inside train, branding of train allowed. The Railway Ministry\u2019s plan is that the interested private players have to lease or buy a train with a minimum of 16 coaches, according to sources quoted in an IE report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Railways to give a boost to India\u2019s tourism industry by leasing, selling coaches to private parties! In a bid to tap the country\u2019s tourism potential as well as to leverage the core strengths of the professionals of the sector in tourism activities such as hospitality, marketing, reach with customer base, integration of services, expertise in development\/identification of tourist circuits, etc., the national transporter is planning to spread railway based tourism among masses through leasing of coaching stock to interested parties. With this, interested private companies would be able to run these trains as theme based religious, cultural and other [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[255],"tags":[],"class_list":["post-435709","post","type-post","status-publish","format-standard","hentry","category-railways"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=435709"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435709\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=435709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=435709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=435709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}