Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
Trinamool Congress General Secretary and Minister of State for Shipping, Mukul Roy will be the new Railway Minister.
The amount constitutes 45 per cent of the railways' total wage bill.
With the Indian Railways registering better-than-expected growth in traffic operations this financial year on the back of a revival in the economy, its gross domestic product (GDP) is expected to cross the 9 per cent mark by the end of this financial year. This could lead to a rise in the freight rates of some commodities, say officials in the ministry.
The Railway Board has decided to create over 5,000 posts and impart advanced training to Railway Protection Force (RPF) personnel to ensure security of passengers besides tackling terror threats.
Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill.
The batch of five experts will also play a role as interpreters between India and China sides during border personnel meetings, sources said.
A Ganesh Nadar/Rediff.com brings you some fascinating facts and photographs from India's first international rail exhibition.
Three years from now, Indian railway network will be based on sophisticated, hi-tech and indigenously developed infrastructure ensuring safety of every passenger.
Gandhi noted that lakhs of migrants continue to walk hundreds of kilometres to reach back their homes without food, water, medicines and cash. She also accused the central government and the Railways of completely ignoring the demands made by the Congress for ensuring the safe and free travel of migrant workers and labourers to their homes.
Raiwalys in existential crisis but no stock market route: Prabhu.
Inviting private investment, Railways Minister Suresh Prabhu on Friday said a transparent system is being put in place to facilitate it and moves are afoot to revamp the ministry's public-private-partnership (PPP) cell.
Magnets on the track push and lift the train up in the air by about 1 inch to 6 inches
New service will also make waitlisted tickets a thing of the past.
A preview of many of the tableaux, some of which are still being constructed or given finishing touches, was held at the Rashtriya Rangshala Camp in the city.
Information and Broadcasting Minister Ambika Soni said the Union Cabinet has accepted the proposal of the Ministry of Railways for payment of PLB equivalent to 78 days' wages for 2010-11 for all eligible non-gazetted Railway employees.
Apprehending a "credible threat" from Maoists during the two-day bandh call given by them, railways on Tuesday said it has formed a special task force to meet any eventuality following an alert issued by the home ministry and intelligence bureau.
The announcement came after marathon meetings held by the minister with senior railway board officials since Friday.
Announcements will be made on airplanes, ships, metros and at railway stations when India achieves its target of 100 crore COVID-19 vaccine doses while private carrier Spicejet will wrap its planes with posters of this milestone carrying images of Prime Minister Narendra Modi and health workers, health minister Mansukh Mandaviya said on Thursday.
Union Minister of State for Health Dinesh Trivedi has blamed bureaucratic hurdles within his own ministry for the delay in fulfilling the railway ministry's ambitious plan to set up healthcare facilities along the rail network across the country.
Talking to reporters at the accident site, he said the issue is of electric point machine, a vital device for railway signalling, and electronic interlocking.
While this benefit of easing fuel cost should have been passed on to consumers through the review of FAC due this month, the Railways does not intend to revise freight and passenger fares until the next Budget to be presented in February.
India has logged 5,335 fresh coronavirus cases, the highest in 195 days, while the active cases have increased to 25,587, according to Union health ministry data updated on Thursday.
100-day agenda: Commerce ministry pushes for separate logistics department
This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.
The Railways on Thursday ordered a high-level inquiry by the commissioner of rail safety into the train accident in Uttar Pradesh, which left 33 people dead and 17 injured.
The reshuffle could take place before the start of the winter session of Parliament.
The Ministry of Railways has decided to introduce steam locomotives on all hill railways and on some other tourism circuits with the support of the Ministry of Tourism.
As many as 21 cases of COVID-19 sub-variant JN.1 have been detected across the country till now, NITI Aayog member (Health) Dr V K Paul said on Wednesday but asserted that there was no need to panic.
Prabhu hoped that during this 3-4 years period, railways would be able to absorb the impact from their resources
Seeking more funds, Railway Minister Mukul Roy requested Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee to provide additional allocation to meet the rising demands of the Railways to achieve efficiency and provide more safety.
Railway officials said important projects at crucial stages would now be stuck for a long time.
Among the proposals considered today includes a project to construct a railway link between Rohanpur and Singhabad to facilitate transit traffic from Bangladesh to Nepal through India. Railway ministry sources indicated that the ministry had no objections to opening the additional transit route to Bangladesh.
The Mumbai town planning agency has said it can't spare land in the commercial BKC area for a terminal due to demand from private firms
The railways have selected 50 stations to be outsourced for cleanliness drive across the country.
As part of efforts to strengthen Indo-Pak trade ties, Railways is mulling to provide 50 diesel locomotives on hiring basis to Pakistan.