Freight earnings accounted for 65 per cent of IR's total earnings of Rs 144,167 crore (Rs 1,441.67 billion) in 2013-14.
Railways earned Rs 1,28,928.28 cr during April '14- Jan 2015.
Many of the PPPs have not evinced interest, Prabhu said.
Enhancing the capacity of rolling stock including gauge conversion, doubling and laying new lines, acquisition of new coaches and wagons are some of the priorities the new ministry is expected to pursue. Keeping the terror threat perception in mind, the upgradation of security system at railway stations in major cities will be a focus area for the new government.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
'To avoid accountability and cover the mismanagement of the head of the department, they create this kind of sabotage theory.' 'If it's a sabotage theory, then the higher-level officials can go scot-free.'
The ministry of railways has projected a three-time increase in Plan size to Rs 7,19,677 crore (Rs 7,196.77 billion) for the five-year period.
At present, there is no specific substantive law to deal with unfair means adopted or offences committed by various entities involved in the conduct of public examinations by the central government and its agencies.
'Making the railways better is a different type of a challenge.'
According to a privilege extended to lawmakers by the Ministry of Statistics and Programme Implementation, MPs can now sponsor the construction of the railway stations from his/her annual budget of Rs 5 crore and etch his name for perpetuity on a steel or metal plaque.
Prasad's daughter Misa Bharti and a former general manager of the Railways have also been named as accused in the chargesheet filed before a special CBI court recently, they said.
The losses ranged between Rs 33,204 and Rs 10,90,480.
As per existing provisions, senior citizens aged 60 years and above are eligible for concession in the basic fares of Mail and Express trains, and all inclusive fares of Rajdhani, Shatabdi and Jan Shatabdi trains.
Incessant rains apparently caused cracks in the bridge, resulting in its collapse, an official said.
The high-speed free Wi-Fi internet facility is now available at 6,100 railway stations across the country, RailTel said on Tuesday. "The milestone of 6,100 stations with Wi-Fi coverage was reached today (Tuesday) with the commissioning of Wi-Fi facility at Ubarni railway station (Rae Bareli district, UP) in Lucknow Division of Northern Railway," the statement by RailTel noted.
In the wake of the growing funding constraint for additional infrastructure creation in the railway sector, Minister Mamata Banerjee on Thursday held discussions with the industry on options to make private participation in the sector attractive. "Addressing the coordination gaps between the rail ministry and the industry is important to increase investments in rail projects. This is very urgent," Banerjee said.
Railway ministry will spend Rs 2300 crore (Rs 23 billion) in fiscal 2003-04 for enhancing safety and security of passengers, Minister of State for Railways Bandaru Dattatreya said on Wednesday.
Train passengers can now sleep soundly without worrying about missing their station.
Railways has earned Rs 1,14,656.13 crore during April-December 2014, registering an increase of 12.57 per cent. It had earned Rs 1,01,856.45 crore during the same period in the previous year.
The death toll stands at 5,30,720 with two deaths reconciled by Kerala, the data updated at 8 am stated.
Indian Railways (IR) will transfer existing assets at nominal values, invite bids and grant concessions for 10-15 years.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
Hong Kong-based architectural firm, Terry Farrell and Partners would be signing the agreement with the railway ministry next week for preparing the concept plan for the modernisation of New Delhi railway station.
The two countries sealed 10 agreements, including the much-publicised transit trade treaty which will end Nepal's total dependency on Indian sea ports for third-country trade.
Northern Railway has taken several measures for the people stranded in flood-ravaged Jammu and Kashmir, like running special trains from Katra, Udhampur and Jammu to different parts of the country and attaching extra coaches to regular services.
On a day the United Progressive Alliance government was voted out of power, it committed a gaffe by withdrawing a railway tariff hike within hours of announcing it.
The police lodged a suo motu case against unknown persons in connection with their involvement in the mishap, a police officer said.
Antim Panghal once again confirmed her emergence as one of the top wrestlers in the country by winning the World Championships trials in Patiala on Friday.
Ranajit Giri, Biprada Bag, Asha Behera and Ashok Bera, all residents of Bahanaga Bazaar station area in Balasore district where the crash took place, were among the first to rescue the injured.
LHB (Linke Holfmann Bush) coaches made of stainless steel have more inbuilt safety features as they can absorb shock and impact of derailment more effectively and as a result do not topple, thus reducing the loss of lives in case of accident, said a senior Rail Ministry official.
The Union Cabinet on Friday approved railways' proposal to give 78-day productivity linked bonus to its 12.61 lakh (1.26 million) employees during the festival season.
Shortlisted bidders have been intimated
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
Bharat Heavy Electricals Ltd (BHEL) is India's largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL's equipment and services. BHEL has historically held over 70 per cent market share in power projects.
Railways have suspended two senior officials following searches carried out by CBI and recovery of Rs 20 crore in cash in connection with alleged corruption in supply of packaged drinking water in premium trains.
Going a step ahead, the state government has suggested laying of very fast tracks to facilitate a speed of up to 350 kmph in the public-private partnership.
If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.
Modi, sources said, noted that some opposition members had described the voting in Rajya Sabha as a semi-final before the 2024 Lok Sabha polls as he exuded confidence about the BJP's prospects in the national elections.