Prime Minister’s Office (PMO) has set stiff performance targets for Indian Railways (IR). Vision 2024 was tabled at the two-day brainstorming session of IR’s officers named Parivartan Sangoshthi. Read more
The Comptroller and Auditor General of India has flagged the rising dependence of the Indian Railways on external funds for capital expenditure as a problem. Read more
Analysing the national transport behemoth’s numbers both bottom-up and top-down, the CAG concluded that Indian Railways (IR) could not have shown a surplus of earnings (of Rs 1,665.61 crore) over… Read more
The MoU envisages co-operation with DFID for Energy Efficiency & Energy Self Sufficiency for Indian Railways The effort is to reduce carbon footprint and transform Indian Railways into “Green Railways” Read more
Operating Ratio of 98.44 per cent was the worst in the last ten years. Indian Railways, in fact, would have ended up with a negative balance of ₹5,676.29 crore instead… Read more
IR earns Rs 511 crore via property development. As on March 31, 2019, the total land available with the Indian Railways was 4.78 lakh hectares. Of this, about 0.51 lakh… Read more
Centre approves set-up of Rail Development Authority.The RDA’s mandate is to advise the government on policy related issues including pricing, revenue generation, investment and consumer protection. Read more
IR to first execute 256 projects..It has classified 58 of these as super critical projects, 68 as critical projects and the remaining 130 as other throughput enhancement projects. Read more
Several steps have been taken to increase non-fare revenue of Indian Railways by monetization of land and other assets, Minister of Railways, Piyush Goyal told Lok Sabha in a written… Read more
Shri B.K. Dadabhoy, Principal Chief Commercial Manager, Central Railway held a meeting with major leaseholders of parcel cargo express trains, parcel vans and SLRs. Installation of Weigh bridges, feasibility of… Read more