Parliament Highlights: Speaking in Lok Sabha on Tuesday, Union Minister Piyush Goyal said that Indian Railways will never be privatised but private investment is welcomed for increasing efficiency. Goyal also said that under Prime Minister Narendra Modi, the country’s railway infrastructure has seen a new vision. We wish to make Indian railways act as an “engine for growth” for the country, Goyal added. Goyal also said, Modi government has hiked investment in railways to Rs 2.15 lakh crore in 2021-22 fiscal, from Rs 1.5 lakh crore in 2019-20 fiscal.
The government also informed Parliament that inflation has remained low in the last seven years – except for a spike in some items – and the government is taking steps to bring it further down.
Minister of State for Finance Anurag Singh Thakur, during Question Hour in the Rajya Sabha, said food items in the consumer price index (CPI) are showing a month-on-month decline. Commodities such as cereals, meat and fish, egg, vegetables and pulses have declined during January-February.
“Overall, inflation has remained low in the last seven years. But in some items, there was a rise in prices due to supply constraints because of COVID-19 and a rise in demand,” he said, responding to a supplementary query.