News:Recently, Kashi Mahakal Express has been inaugurated as the country’s third ‘corporate’ train after the two Tejas Express trains between Delhi-Lucknow and Mumbai-Ahmedabad.
About the Corporate Train Model:
- In this model, the physical infrastructure of the train such as locomotives, coaches, loco pilots among others will remain in the Indian Railways’ hands.
- However, the services provided including ticketing and refunds, parcels, catering and housekeeping will be outsourced to Indian Railway Catering and Tourism Corporation(IRCTC).
- This will allow Indian Railways to be free from encumbrances and gets to earn from IRCTC a pre-decided amount being the owner of the network.