Indian Railways has to up investment to strengthen network just like China and Russia.
Economic Advisory Council to the Prime Minister (EAC-PM) chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate. Speaking at an event organised by the Calcutta Chamber of Commerce in Kolkata, he however said that GST has led to a lot of simplification. "The ideal GST is one that has a single rate, and it was meant to be revenue neutral.
Govt wants to up investment in Railways
Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.
Three trains jumped off the tracks and another derailment was averted on Thursday in Uttar Pradesh, New Delhi and Maharashtra within a span of nine hours.
Going strong on its green run, the railways have decided to replace the electrical multiple units (EMUs) it uses to operate 2,415 trains in Central Railway and Western Railway zones with those running on three-phase Insulated Gate Bi-polar Transistor (IGBT) technology.
The 7th Pay Commission recommendations are a major challenge for the Railways.
Faced with increasing incidents of misuse of tickets, Railways have made it mandatory for all passengers travelling in AC classes to carry an identity proof with them.
E-commerce players may soon rent out drones, so you can use them the way you book a cab on an app, and test viable use-cases for last-mile delivery.
The railways has taken steps for swift monetary compensation to the victims of terror attacks in Mumbai's suburban trains in July 2006, railway ministry officials said.
Livid at being ignored for elections to put together a new federation on Sunday, two of Indian boxing's biggest stakeholders -- Railways and Services Sports Control Board -- have lodged a protest with the Sports Ministry. Neither Railways Sports Promotion Board (RSPB) nor the Services Sports Control Board (SSCB) will be a part of the election process to constitute the Boxing Federation of India even though they have a vote each.
The twin-train derailments within minutes of each other that killed 25 people in Madhya Pradesh on August 5, 2015, is being blamed on flash floods. S Pushpavanam wonders if that is the only reason.
The apex court has also sought state-wise details about the steps taken towards abolition of dry latrines, the status of dry latrines, and 'safai karamcharis' in cantonment boards and the railways.
In a first of its kind massive cleanliness campaign, Railway Minister Sadananda Gowda will lead from the front by himself picking up the broom during the drive at rail premises on October 2 involving all its employees and top level officials.
In a relief for people travelling long distances, the Indian Railways is set to resume serving cooked meals on trains, a service which was discontinued in the wake of the coronavirus pandemic.
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Many of the PPPs have not evinced interest, Prabhu said.
Incessant rains apparently caused cracks in the bridge, resulting in its collapse, an official said.
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.
Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in traffic during the April-June quarter of 2022-23. This shows that the economy is opening up, a report by DAM Capital said. The volume increase assumes significance since both prices of crude oil and imported coal have been soaring this year. Indian coal companies were pressed for supply amid a thermal coal crisis earlier in the year.
'Making the railways better is a different type of a challenge.'
Protesting wrestlers joined several of their colleagues to prepare for the Asian Games trials.
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.
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.
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.
The losses ranged between Rs 33,204 and Rs 10,90,480.
Unveiling the scheme on Tuesday, the government had said the entry age for all new recruits will have to be between 17-and-a-half and 21 years.
7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.
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.
Train passengers can now sleep soundly without worrying about missing their station.
Bhartiya Kisan Union (BKU) leader Rakesh Tikait on Tuesday insisted that they have not withdrawn their support to the wrestlers and they have postponed the June 9 demonstration against WFI chief Brij Bhushan Sharan Singh only on the request of grapplers.
The police lodged a suo motu case against unknown persons in connection with their involvement in the mishap, a police officer said.
Indian Railways (IR) will transfer existing assets at nominal values, invite bids and grant concessions for 10-15 years.
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.
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.
Experts suggest that a revamp in the surrounding infrastructure should take care of the issues plaguing the VB-2, stressing that the lightweight nature of the trains is what allows for higher speeds, and that needless design additions may hamper the train's efficiency.
The Union government has approved the renaming of Maharashtra's Aurangabad city as 'Chhatrapati Sambhajinagar' and the Osmanabad city as 'Dharashiv'.
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