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Railways Minister Piyush Goyal says Indian Railways will never be privatised

Goyal said the country can progress towards high growth and create more employment opportunities only when the public and private sectors work together.

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Piyush-Goyal

Railway Minister Piyush Goyal on Tuesday said that Indian Railways will never be privatised, asserting that private investment should be encouraged for more efficient functioning.

Replying to a discussion on Demands for Grants for Railways, the minister said in last two years, there has been no death of any passenger due to rail accident and the railway has been putting enormous focus on passenger safety.

He said the country can progress towards high growth and create more employment opportunities only when the public and private sectors work together.

Indian Railways will never be privatised. It is a property of every Indian and will remain so, the minister said, adding that it will remain with the Government of India.

Read Also: BJP supporters protest West Bengal poll candidate list

Goyal said the 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.

We are focusing on passenger safety. I am happy to say that there has been no passenger death in past two years. The last death due to train accident happened in March 2019, the minister said.

India News

Are banks open or closed on May 1 2026? Buddha Purnima holiday details

Banks will remain closed in many parts of India on May 1 2026 due to Buddha Purnima and Labour Day, though some states may see normal operations.

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Bank holidays

Bank closures on May 1, 2026, will depend on the Reserve Bank of India’s official state-wise holiday calendar. While the day is observed as Buddha Purnima and Labour Day in several regions, not all states may have a bank holiday. Customers are advised to check with their local branch or official bank holiday list before planning a visit 

The holiday status, however, is not uniform across the country, as bank closures are determined based on the Reserve Bank of India’s state-wise holiday calendar.

Banks likely to remain closed in most states

In several states, including Delhi and other major regions, banks are expected to remain shut due to Buddha Purnima. The day is recognised as a public holiday in many parts of the country, leading to closure of bank branches.

Customers planning branch visits on May 1 are advised to check local holiday listings to avoid inconvenience.

States where banks may remain open

Despite the widespread holiday, some states may not observe May 1 as a bank holiday. In such locations, banking services at branches could function normally.

States where banks may remain operational include:

  • Meghalaya
  • Nagaland
  • Rajasthan
  • Sikkim
  • Punjab
  • Haryana
  • Odisha
  • Gujarat

Since bank holidays vary regionally, customers should verify with their local branch.

Digital banking services unaffected

Even in areas where banks are closed, digital services will continue without interruption. Customers can use:

  • Mobile banking apps
  • Internet banking
  • UPI services
  • ATMs

These services remain available regardless of physical branch closures.

Key takeaway

While May 1, 2026, will be a bank holiday in many parts of India due to Buddha Purnima and Labour Day, some states may still have banks open, making it important to check region-specific updates before planning any visit.

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India News

Mamata Banerjee rejects exit polls, claims TMC will win over 226 seats in Bengal

Mamata Banerjee has rejected exit poll predictions for the 2026 West Bengal elections, claiming her party will win over 226 seats and return to power.

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West Bengal Chief Minister Mamata Banerjee has dismissed the exit poll predictions for the 2026 assembly elections, asserting that her party will return to power with a strong mandate of more than 226 seats.

Speaking after voting concluded, Banerjee urged people not to rely on exit poll projections, expressing full confidence in the electoral support for her party. She maintained that the All India Trinamool Congress would secure a decisive victory despite several surveys suggesting a close contest or advantage for the opposition.

Her remarks come at a time when multiple exit polls have indicated a tight race between the Trinamool Congress and the Bharatiya Janata Party, with some projections even pointing towards a potential shift in power.

Confidence vs projections as Bengal awaits results

Banerjee reiterated that exit polls have historically failed to capture the actual mood of voters in West Bengal. She said the final results would reflect the trust people have placed in her government.

The chief minister’s confidence echoes her earlier stance during the campaign, where she repeatedly claimed that her party would secure a comfortable majority and continue its governance in the state.

Meanwhile, exit poll trends released after voting suggested mixed outcomes. Some surveys projected a lead for the BJP, while others indicated a close fight or even a possible hung assembly.

High-stakes battle in West Bengal elections

The 2026 West Bengal assembly elections have been one of the most closely watched political contests in India, with intense campaigning by both the ruling TMC and the BJP.

High voter turnout and strong political mobilisation from both sides have added to the uncertainty surrounding the final outcome. Leaders from both parties have expressed confidence in forming the government once results are declared.

The official results are expected to determine whether Banerjee secures another term or if the state witnesses a political shift.

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India News

PM Narendra Modi to launch Rs 8,000 crore projects in Telangana on May 10

PM Narendra Modi is set to visit Telangana on May 10 to launch development projects worth Rs 8,000 crore, focusing on healthcare, rail, and infrastructure growth.

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PM Modi

Prime Minister Narendra Modi is set to visit Telangana on May 10, where he will inaugurate and lay the foundation for development projects worth around Rs8,000 crore, according to official information.

The visit marks his first trip to the state after beginning his third term in office.

Among the key projects scheduled for launch are new facilities at AIIMS Bibinagar, along with the expansion of the MMTS Phase 2. Several national highway and railway infrastructure works are also part of the development package.

Officials indicated that the visit will also include a major public gathering at Secunderabad’s Parade Ground under the banner of “Janagraha Sabha”, reflecting both developmental and political outreach efforts.

The planned projects are expected to strengthen connectivity, healthcare infrastructure, and overall development in the region, aligning with the Centre’s broader focus on infrastructure-led growth.

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