Konkan Railway Merger Stalls Over States’ Equity And Ownership Demands

Konkan Railway is partly owned by the central government and four states.

The government wants to combine it with Indian Railways.

However, the merger cannot happen until the Centre owns all of the company.

Goa has agreed to give up its shares.

Maharashtra wants the money it invested back.

Karnataka wants a way to leave the company.

The Railway Ministry says the company also needs major spending on repairs, safety and expansion.

Only about 55 kilometres of the route has been doubled so far.

A merger might make it easier to approve and fund future railway improvements.