Sees JV with state govts to be game changer, with seven states already having held talks on the subject
Prabhu says Railways best destination for pension and sovereign wealth funds to invest
With reference to the editorial, "Beyond a freight hike" (August 30), the Indian Railways is often envisaged as a microcosm of society and the lifeline of our economy. But excessive populism and bureaucratisation over the years has left it in a shambolic state.Railway Minister Suresh Prabhu's proposal to do away with the Rail Budget is a welcome acknowledgement of growth as a process of change that requires flexibility, adaptability and the willingness to experiment. His proposal is in the spirit of the theme of this year's Rail Budget: "Overcoming challenges - reorganise, restructure, rejuvenate Indian Railways." But how the new institution plans to deal with the burden of legacy and carve out a niche for itself is unclear.While the setting up of a railway regulatory authority for organisational consolidation, decentralisation of operations and realistic pricing of fares, as proposed in the Rail Budget, is imperative, an equally strong political intervention is required to dismantle v
It asserted that the travelling hockey players hold no grudge against them
Indian Railways has detailed guidelines on signages and their placement
If this happens, the railways will join the bandwagon of three other Indian companies, HDFC, state-run NTPC and Adani Transmission
Power, steel and cement to see minor rise in prices, while railways may benefit
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Indian Railways (IR) has selected three insurance companies - Shri Ram General Insurance, ICICI Lombard General Insurance and Royal Sundaram General Insurance - for insuring its passengers.
The capacity released thus would help the Indian Railways move freight traffic at an average speed of 50 km per hour. This would enable it to make inroads into transportation of non-bulk items
Instead of analysing what was wrong with its freight service model, Indian Railways went for the knee-jerk measure of reducing freight rates. Result: loss in revenue. In such a situation it will be difficult for the Railways to retain its existing freight transport volume
Under which, NAIR and MSU have developed new educational modules for railways staff
The Suresh Prabhu-led ministry of railways has floated a tender on August 4 to explore opportunities of maglev trains in India, which can hit 500 kmph
Prabhu said that there is a need for working on many fronts to make the Prime Minister's Make in India programme successful
Rail ministry has floated a tender to explore possibility of Maglev trains in India, which can hit 500 kmph
Will source power directly from the latter to cut costs, improve operations
Railways provides concession in passenger fare in 24 categories
Suresh Prabhu lays foundation stone of 88-km rail line that will provide Nagaland's capital with direct rail connectivity
Mital was appointed to the top post in Railways Ministry in place of Arunendra Kumar, who had superannuated on December 31, 2014
Prabhu will inaugurate 114-km long Rameswaram-Manmadurai route as country's first green rail corridor with zero toilet discharge section