CAG on Railways: Declining Revenue Surplus, 95% of Freight Profits Used to Subsudize Passenger Ops Losses

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

Indian Railways Earned Rs.511 Crore From Property Development

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

Rail Development Authority Mandate to Advise Govt on Policy, Pricing, Competitiveness: Piyush Goyal

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 Execute 256 Projects Worth Rs 1.84 lakh Crore First

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

Steps Taken by Indian Railways to Increase Non-Fare Revenue, Monetization of Land and FDI in IR

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

CR: PCCM Holds Meeting With Parcel Lease Holders

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

Indian Railways Targets Savings of 41,000 crores by 2025 with Rail Energy Management System

Mission 41K document targets for saving of Rs. 41,000 Crore through integrated Rail Energy Management System by 2025. Railway Energy Management Company Limited (REMCL) Read more

IRCTC’s service charges to stay: Piyush Goyal

IRCTC service charges to stay, Read more

Railway Board Becomes Leaner, 50 Posts Transferred to Zones / Units

The Railway Board has streamlined its own operations, and has transferred 50 posts to various zones or other units as part of the process. Full list of transferred posts inside Read more

MoU between India and Switzerland on Railway Technical Co-Operation

The First Joint Working Group Meeting under the Memorandum of Understanding was held on October 21, 2019 in which areas of rolling stock, electrical sub-systems, system integration, overhead contact system… Read more