IRCTC, IRCON to be listed: Railways mega holding co on the backburner?

Railway authorities termed listing of these companies as a 'shocker'

Was the railway board not taken into confidence by the finance ministry while announcing the divestment of railway public sector undertakings?

If sources are to be believed, the announcement to list railway subsidiaries like IRCTC, IRFC and Ircon in various stock exchanges was done by not taking railways into confidence. This would mean that the plan to create a holding company for all railway PSUs may be put on the backburner.

The idea of listing these companies was floated before railway management only three days ago by the Niti Aayog in a meeting, where the idea of listing Rites and