Navratna Status | IRCTC & IRFC | Major Boost for Indian Railways | InNews | UPSC | Drishti IAS

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The Indian government has upgraded Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) to Navratna status, granting them enhanced financial autonomy and operational flexibility. This recognition allows these two railway giants to invest up to ₹1,000 crore or 15% of their net worth in a single project without government approval. It also enables them to expand globally, form joint ventures, and attract more investors. With this, all seven listed CPSEs of Indian Railways now hold the prestigious Navratna designation. This move is expected to accelerate growth, boost investor confidence, and strengthen India’s railway infrastructure.


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