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Indian Railway's e-ticketing arm set for listing

Country's rail network carries 23 million people a day on 12,000 trains

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India's railways transport 23 million people on 12,000 trains each day, extremely cheaply.   © Reuters

NEW DELHI Indian Railway Catering and Tourism Corp., the nation's biggest e-commerce platform with sales of around 550,000 tickets a day, has been cleared for partial privatization.

The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on April 12 approved IRCTC and 10 other state-owned companies for listing of up to 25% of their stock.

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