The profit margins were lower with nationalized railways and the costs of pensions were mounting up. Besides what exactly does it mean when the government owns it? It is people's money. If the government wants then it can charge private trains cess for using public tracks. The problem really is not privatization, but it is those entitled Indians who want a government job so that their fathers can go and ask for substantial dowry. Those greedy people are upset with ever thining pool of government jobs that come with pension benefits. Otherwise, privatization is a no brainer. It improves the quality of service for trains, the government does not have to pay pensions, private trains generate a lot of employment and the government gets taxes. Anyone who wants to cut government spending and increase government revenue will support privatization. People who are against it are really putting their self-interest ahead of the nation's interest.Buses are different things altogether.
There are many routes, where only Govt Buses ply.
Railway is PROFITABLE venture.
Govt selling only good routes.
Limit of fare will not be there.
Only trains and routes are sold not Rail or network.