Indian Railway for Reorganization of Railway Board The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today announced the Structural Interventions in Railways. Railway Minister said that a departmental orientation, absence of cross-functional collaboration and lack of business focus have held back Bhartiya Rail from realizing the commanding… Read More »
Better Rail connectivity to North East & Jammu and Kashmir The Minister of Railways Shri Suresh Prabhakar Prabhu has said that better connectivity to the North Eastern States is of utmost priority for the Indian Railways. Presenting the Railway Budget 2016-17 in Parliament today he said, Indian Railways have opened the long-awaited Broad Gauge Lumding-Silchar… Read More »
Railway Undertakes Energy Audits to Reduce Energy Consumption in Non-Traction Area by 10% to 15% All Railway Stations will be Covered With ‘LED’ Luminaire in Next 2 to 3 Years Commissioning of Installed Capacity of 1000 MW Solar Power in Next 5 Years The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway… Read More »
Sarathi Seva to help old and Disabled Passengers to be Extended to More Stations Hourly Booking of Retiring Rooms at Stations Smart Coaches to be Introduced Presenting Railway Budget 2016-17 in Parliament today, the Minister of Railways Shri Suresh Prabhakar Prabhu announced that all operational halts will be converted into commercial halts, for the convenience… Read More »
Railways to Partner with State Governments for Operation of Tourist Circuit Trains The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said that Tourism holds great potential for economic development and job creation. Indian Raileays will be partnering with the State Governments for operating tourist circuit trains… Read More »
Transformation of Indian Railways through Avataran – seven Mission mode activities The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in the Parliament today has proposed to transform Indian Railways through seven Mission activities – Avataran. These missions are: Mission 25 Tonne – It aims to increase revenue by augmenting… Read More »
Time Tabled Freight Container /Parcel Train to be Started this Year The Minister of Railways Shri Suresh Prabhakar Prabhu proposed three solution sets for reversing the trend of declining modal share of freight trains – expanding the freight basket of Indian Railways, rationalising the tariff structure and building terminal capacity. The freight basket of Indian… Read More »
Gross Traffic Receipts have Been Kept at Rs 1,84,820 Crore Passenger Earnings Growth has been Pegged at 12.4% Freight Traffic is Pegged at Incremental Traffic of 50 Million Tonnes Goods Earnings Proposed at Rs 1,17,933 Crore Rs 1,23,560 Crore is Proposed for Ordinary Working Expenses in be 2016-17 Pension Outgo has been Budgeted at Rs… Read More »
Railway Budget 2016 Key Highlights 1:13 pm: Suresh Prabhu concludes his rail budget speech. 1:15 pm: No hike in railway fares. 1:10 pm: The companies owned by Railways to come under a holding company. 1:09 pm: Two dedicated freight corridors by 2019. 1:07 pm: I’m setting aside Rs. 50 crore for providing innovation grants to… Read More »
Rs.90 cr HUDCO loan for Andhra Pradesh Capital Region Development Authority 64,942 houses for urban poor in AP under old housing schemes HUDCO (Housing and Urban Development Corporation) has sanctioned a loan of Rs.90 cr to Andhra Pradesh Capital Region Development Authority (APCRDA). This was informed by Shri Babul Supriyo, Minister of State for Housing… Read More »