Three years from now, Indian railway network will be based on sophisticated, hi-tech and indigenously developed infrastructure ensuring safety of every passenger.
The amount constitutes 45 per cent of the railways' total wage bill.
Prime Minister Narendra Modi reached out to the attendees of the Kashi Tamil Sangamam in Varanasi with his speech being translated for the audience in real-time using artificial intelligence.
The Centre is likely to cut budgetary support to the railways by around Rs 5,000-10,000 crore for 2018-19, out of the total budgeted GBS of Rs 53,060 crore. Due to this cut in GBS, the railways is likely to depend more on borrowings, asset monetisation, and internal generation to meet the capex target of Rs 1.465 trillion for the current year.
Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill.
Nirmala Sitharaman on Wednesday assumed charge as the Finance and Corporate Affairs Minister for the second consecutive term and is slated to soon present the final Budget for FY '25 that is going to set the tone for the Modi 3.0 government's priorities and direction for Viksit Bharat. Upon her reaching the North Block office, Sitharaman was greeted by Finance Secretary T V Somanathan and other top officials. Minister of State for Finance Pankaj Chaudhary was also present. Chaudhary assumed charge on Tuesday evening.
Raiwalys in existential crisis but no stock market route: Prabhu.
A Ganesh Nadar/Rediff.com brings you some fascinating facts and photographs from India's first international rail exhibition.
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.
New service will also make waitlisted tickets a thing of the past.
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.
Magnets on the track push and lift the train up in the air by about 1 inch to 6 inches
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.
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.
India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.
Pannun, the self-proclaimed general counsel of "unlawful association" SFJ, released the video messages on social media platforms on November 4.
Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.
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.
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.
The announcement came after marathon meetings held by the minister with senior railway board officials since Friday.
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.
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.
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 home minister will also review the preparation for the annual Amarnath pilgrimage set to start on June 29.
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.
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.
100-day agenda: Commerce ministry pushes for separate logistics department
Prabhu hoped that during this 3-4 years period, railways would be able to absorb the impact from their resources
Railway officials said important projects at crucial stages would now be stuck for a long time.
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 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.
In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.
The ad-hoc panel announced that it will host the senior national championships in Jaipur from February 2-5.
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.
Rashtriya Janata Dal chief Lalu Prasad on Wednesday described the railway budget as 'disappointing' and said the ministry's attempt to attract private firms to fund the rail projects is like 'chasing a dream'.
The reshuffle could take place before the start of the winter session of Parliament.
