You cannot say Railways' problems will be solved by privatisation. The solution should be an outcome based approach. Very few railways in the world are privatised, Prabhu said.
In the first four months of this financial year, Indian Railways' (IR) earnings from commercial publicity have declined by 14 per cent over the corresponding period last year.
It was planned to add 2,000 kms of new lines, convert 10,000 km of metre/narrow gauge into broad gauge, double the 6,000 km of single track and electrify 3,500 km of routes during the 11th Plan.
The Indian Railways will be the lead partner for Commonwealth Games. Special trains will run during the Commonwealth Games.
With a view to exploit its real estate assets, the Indian Railways plans to lease out some of them and aims to rake-in Rs 600 crore (Rs 6 billion) through this move this fiscal, a senior Railways official said.
Nearly three years after RITES, the consultancy arm of Indian Railways, prepared a preliminary project alignment design for the proposed dedicated freight corridor project, the railways are demanding 42 per cent more land for the project than what was previously envisaged.
The Railways launched the Google's free Wi-Fi service at Vijayawada, Kachiguda and Raipur stations.
In a short stint as Karnataka Chief Minister, he managed to earn a good reputation. Can he replicate the success?
Successive plans have allocated less resources to the Railways.
Cracking the whip, Railways have imposed heavy fines totalling Rs 11.5 lakh on nine caterers including Indian Railway Catering and Tourism Corporation for serving "bad quality" food in trains.
Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.
'Dense' to 'very dense' fog prevailed in parts of Punjab, Haryana, west Rajasthan, Bihar, Delhi, west Uttar Pradesh, Jharkhand, Odisha and Assam.
The poll panel has issued a notice to the railways, asking it to submit a report by Thursday on the slogan on tea cups, so that it can take a call on whether it was a poll code violation.
Three years from now, Indian railway network will be based on sophisticated, hi-tech and indigenously developed infrastructure ensuring safety of every passenger.
The project will eventually be rolled out to cover 400 railway stations across India
The minister said a premium service for container movement with assured transit time was under consideration for time sensitive cargo.
There were total 23,507 complaints registered by common rail users against the Railways in 2006-07, which is seven per cent more than the previous year.
Huge tri-colour-themed banners have been put up along the Kartavya Path while the theme for this year's tableaux that would roll down the boulevard where the annual Republic Day celebrations take place is 'Swarnim Bharat: Virasat aur Vikas', focusing on 75 years of the enactment of the Constitution.
'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.
The proposed construction of 100 railway budget hotels across India to meet the Commonwealth Games tourist rush has hit a road block with no clear signal as to which authority will execute them.
Auxiliary warning system, cab-signalling device, centralised traffic control system are some of the state-of-the-art measures that are being considered to enhance safety measures in India
The Railways have earned nearly eight per cent more revenue in 2009-10 as compared to the earnings in the 2008-09 fiscal.
The projects include commissioning of new lines, gauge conversion and doubling of existing tracks in certain busy stretches.
A scam had come to light in two lesser-known services-- Railway Board Secretariat Service and Railway Board Secretariat Clerical Service -- where promotions were being made allegedly without following due procedures and bypassing Union Cabinet's jurisdiction.
Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.
For the first time in its history, the department of the comptroller and auditor general (CAG) has conducted a cleanliness audit for the Indian Railways.
These new coaches are being built at the Rail Coach Factory in Kapurthala under a technology transfer agreement with Alstom-LHB of Germany.
Italy Prime Minister Giorgia Meloni took to X to wish a happy birthday to her Indian counterpart Narendra Modi who turned 74 on Tuesday and said they will continue to strengthen the ties between the two countries.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
The Indian Railways on Wednesday said it suffered an estimated loss of Rs 13,675 crore (Rs 136.75 billion) in the current fiscal on account of various social service obligations, including suburban and non-suburban services.
The ACD is a technological breakthrough by the Konkan Railway and is designed to prevent head-on-collisions.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
IRCTC and Yebhi's partnership was based on a revenue sharing model where Yebhi held inventory for IRCTC and shared about 2-10 per cent of the revenue.
Presenting the Railway Budget for 2010-11 in the Lok Sabha on Wednesday, Railway Minister Mamata Banerjee said that it is time for private partnership in Indian Railways, but said that the railways will not be privatised.
To begin with, four Jan Ahar outlets are going to be operational at Howrah, Bangalore, Chennai and Secunderabad stations this month. Seven more will be launched at different stations, including Patna, New Jalpaiguri, Lucknow and Mysore next month.
