Railways is expecting investment through various partnerships.
After its forays into e-ticketing and hospitality, the Indian Railway Catering and Tourism Corporation has tied up with travel major Cox & Kings for offering tour packages
Indian Railways on Tuesday entered into a joint venture agreement with the NTPC for setting up 1000 MW captive power plant at Nabinagar in Bihar, a move that can help the exchequer save Rs 400-600 crore (Rs 4-6 billion) annually on power purchase from state electricity boards.
Railway Minister Sadanand Gowda presented the Railway Budget for 2014-15 on Tuesday.
Talking to reporters at Tiruchirapalli on Wednesday, Raj Kamal Rao, member (mechanical) Railway Board, said the joint ventures were for passenger coach manufacturing facility at Rae Bareilly in Uttar Pradesh, a diesel locomotive manufacturing unit at Madora in Bihar and for production of electric locomotives at Modepura in Bihar. The railway was in the process of producing stainless steel goods wagons instead of the mild steel ones, he said.
The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.
Despite its attempts to check theft, the Indian Railways lost properties worth around Rs 40 lakh owing to lax security measures at its godowns and yards last year.
With traffic growth slowing despite the economy doing well, and the minister saying he won't hike passenger fares, things don't look as good.
Clean toilets, colour-coded dustbins, comfortable beds, oxygen cylinders and all amenities one can expect in a top class hospital -- the first inmates of the train coaches converted into isolation wards have come away praising Indian Railways for providing a unique solution to care for suspected COVID-19 patients.
The Indian Railways is ready to provide the technology to extract bio diesel from Jetropha and Neem free of cost to any entrepreneur.
The service would enable one to know the passenger name record status, current train running positions, accommodation and availability and fare enquiry. The SMS service would come at a premium and would be charged at Rs 3 per message.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
CAG says Railways lost about Rs 4,300 crore in 2008-2012 because of improper documentation.
The performance of railways was 'below par' during 2004-05 to 2008-09 when the Rashtriya Janata Dal chief was at the helm of affairs, the White Paper laid by railway minister Mamata Banerjee revealed.
The Asian Development Bank has given a loan of $313.6 million to the Indian Railways for strengthening its golden quadrilateral project, an official release said on Wednesday.
The Bollywood Hungama OTT India Fest and India Entertainment Awards saw many winners, and the stars celebrate their wins on social media.
Passengers have been long complaining of the IRCTC website crashing as soon as the booking commences in the morning.
The Indian Railway Catering and Tourism Corporation is planning to operate five more 'Bharat Darshan Village on Wheels' special tourist trains, Union Minister of state for Railway R Velu said on Monday.
A case has been registered against an unidentified person for allegedly raping a woman after rendering her unconscious onboard an express train in Maharashtra's Thane district, an official from the Government Railway Police (GRP) said on Friday.
Presenting his fourth Railway Budget in succession, Railway Minister Lalu Prasad on Monday said that the Indian Railways had registered a profit of Rs 20,000 crore (Rs 200 billion) for the fiscal year 2006-07.
Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.
IRG will provide four CFL bulbs to each house in railway residential colonies free of cost and earn carbon credits by registering itself with the UN Framework Convention on Climate Change under Clean Development Mechanism project.
Payal Kapadia's understanding of what it means to be a woman is as poignant as her authentic portrait of Mumbai's hoi polloi, observes Sukanya Verma.
With 1.36 million employees, the railways are one of the country's biggest employers, constituting 28 per cent of the total central government employees.
Cricketer Harmanpreet Kaur, who hit a stunning 171 not out in the recent women's cricket World Cup propelling India into the finals, has been promoted as Officer on Special Duty (OSD) in the Western Railway.
"The year 2009-10 imposes greater challenges", Railway Board chairman S S Khurana said. The railways get bulk of revenue from the freight traffic, which was impacted by the slowdown in the Indian economy on global financial concerns.
Malaysia awarded IRCON International Ltd to design, construct, commission and maintain the proposed electrified double-track rail at the country's Seremban-Gemas sector. IRCON's latest project comes after an earlier Ipoh-Padang Besar project in 2001-2003, for which the Malaysian government had considered the Indian company but later shelved the plan.
Recent derailments had brought the vulnerability of the national carrier into the limelight. For the railways, the fund allotment of Rs 1 lakh crore towards safety, is a welcome move, says Subrat Nath.
Lalu Prasad said factors like size, workload, traffic other operative requirements, and not regional considerations, determine the creation of new railway zones.
As per convention, Railways releases the new time table -- Trains at a glance -- every year on July one across the country. Sources said this year the Railway Time Table Committee, comprising senior officials from various zones, will sit after the Railway Budget is tabled in Parliament.
Women are taking up responsible jobs in Indian Railways.
Gen Sharma served as the Army chief from 1988-1990 and was a colonel when he took part in the 1971 war.
International para-athlete turned social worker Suvarna Raj on Sunday alleged that she was allotted an upper berth on a Nagpur-Delhi train even though she is physically handicapped.
This is the highest-ever bonus being paid to the employees for the good work done by them to take the Indian Railways to a new high, Information and Broadcasting Minister P R Dasmunsi told reporters after a meeting of the Cabinet chaired by Prime Minister Manmohan Singh on Thursday.
'When honest, wealthy people come forward to serve India, people should feel proud and welcome them.'
Bombardier Transportation India Ltd is considering an association with the Indian railways
The change in leadership at the railway ministry comes at a time when the national transporter is grappling with low passenger earnings even as it is trying to increase freight loading and open up its doors to private investment. Union Minister Ashwini Vaishnaw took charge from Piyush Goyal who got the railway portfolio in 2017 after Prime Minister Narendra Modii dropped Suresh Prabhu from the Union Cabinet. Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas for Vaishnaw.
The volume of freight traffic in April-January shows an increase of 25.01 MT over the freight traffic of 730.96 MT carried during the corresponding period last year, registering an increase of 3.42 per cent.
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