A notification issued by the railway board in the evening said new fares would come into effect from May 5.
India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.
Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.
Vaishnaw on Saturday said he had ordered a high-level probe into the derailment on Friday night.
Railways has made windfall gains with the introduction of dynamic fares in the special Rajdhani type trains in the Delhi-Mumbai sector, which saw up to a 30 per cent jump in fares in AC-2 and 35 per cent in AC-3.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.
There will be four trips from December 24, 2013 till Januray 2, 2014 of the premium AC special trains on the busy New Delhi-Mumbai sector, said a senior Railway Ministry official, adding 'the tickets will be sold on higher rate than the existing rate as per the dynamic pricing policy.'
Union minister Suresh Prabhu on Thursday announced a cash reward of Rs 1.30 crore for 10 members of the Indian women's cricket, who are employed with the Indian Railways.
The sector is witnessing weak tendering.
Sule, citing Railway Ministry documents, said the largest number of Shramik Special trains -- 1033 -- were operated from Gujarat, followed by Maharashtra (817) and Punjab (429).
PSUs under the railways ministry include Ircon International, a turnkey infrastructure construction company; Railtel (telecom); Indian Railway Catering and Tourism Company; and Rites, a consultancy, engineering and project management firm.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
'Indian Railways will run 200 non-AC trains daily as per the time table from June 1 for which online booking will start soon,' Goyal said in a tweet. He also said that within the next two days Indian Railways will double the number of Shramik Special Trains to 400 per day.
The aim is to reduce working expense by about 15 per cent.
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
Union Railways Minister Suresh Prabhu on Wednesday said the Centre was seeking private capital investment in cash-strapped Railways to meet the resource crunch and it does not amount to privatisation as the Railways unions claim.
Prabhu said the Ministry was preparing a plan till 2030.
Cleanliness of stations will be rated as per certain parameters finalised by the Railways.
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
Officials in the railway ministry are discussing a proposal by Railway Minister Mamata Banerjee to cut the premium on Tatkal (instant) tickets and reduce its booking period to give the railway budget an aam aadmi touch.
Finance Minister Arun Jaitley will take a final call on whether to break the tradition of presenting a separate Rail Budget, by merging it with the General Budget.
'The Railway Board -- and every official in the ministry -- functions according to the whims and fancies of the Railway Minister,' former railways minister Dinesh Trivedi tells Rediff.com's A Ganesh Nadar in an exclusive interview. 'It is the system that needs to be changed. It has to go from a one person-oriented ministry to an organisation-oriented ministry. The system should be transparent.'
Due to onset of the COVID-19 pandemic and the consequent unprecedented lockdown, e-catering services were suspended on March 22, 2020.
The earthquake damaged houses, roads, as well as other infrastructures, state-run Xinhua news agency quoted eyewitnesses from the area as saying.
The 61-year old is credited with initiating big-ticket reforms as power minister, including the Electricity Act of 2003, under then Prime Minister Atal Bihari Vajpayee.
In 2021, the Railways boasted of a historic feat -- no passenger deaths in train accidents in two years. However, the derailment of the Bikaner-Guwahati Express in 2022 brought the Railways back to its forgetful past.
Passengers who are disallowed from travelling on trains because of symptoms associated with the novel coronavirus will also receive full refund for their tickets, the railways has said.
These coaches, officials said, will be "economical" and in between the current AC three-tier and non-AC sleeper class.
The number of people who have recuperated from the disease surged to 4,41,89,111, while the case fatality rate was recorded at 1.19 per cent.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
'I am glad to announce that these cities are now going to become green smart cities.'
In a historic move, the Indian Railways and the Ministry of Health has signed a Memorandum of Understanding to build hospitals and OPDs at railway stations and on Railway land.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
The batch of five experts will also play a role as interpreters between India and China sides during border personnel meetings, sources said.
The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.
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