The long gestation period of the project coupled with price rises led to a bid to increase the Mumbai Metro fares. Legislative changes at that juncture brought into conflict the concessioning authority and the Central Government on this issue.
Category: Railways & Metro Rail
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Railway Passenger Bookings Fall Over 4%
An over 4 per cent fall in passenger bookings between April and August this year has left the Indian Railways worried, raising concerns about a possible
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Central Railway may get paperless ticket system next month
The railway board is considering introducing paperless ticketing on Central Railway (CR) along with Automatic Ticket Vending Machines (ATVMs) and Cash/Coin Ticket Vending Machines (CTVM) for Mumbai suburban trains next month.
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Rationale behind HSR
An investment in HSR is typically a government decision which is primarily dependent on a number of factors, such as current and projected traffic, expected saving in time, and a reduction in accidents due to a modal shift, reduction in environmental externalities, ease in congestion in existing modes, and the average willingness of the users to pay.
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Tracking Railways´ Performance
Indian Railways has long been groaning under its own weight. How much longer will it be before the government can turn things around? Indian Railways, or Imperium in imperio, as the giant lifeline of India
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Redevelopment of railway stations
The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for redevelopment of railway stations
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Indian Railways improves OR
In a significant financial achievement, Ministry of Railways has shown an improvement in its operating ratio (OR) for the year 2014-15.
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´Dedicated Freight Corridor´ project to be over by 2019
Railways has assured the industry that the Rs 81,459 cr worth ´Dedicated Freight Corridor´ (DFC) project, will be completed by 2019.
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Mumbai-Ahmedabad in two hours
The proposed Mumbai-Ahmedabad high-speed corridor is estimated to cost Rs 98,805 crore.
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MOU between Railways and Skill Development Ministry
A Memorandum of Understanding (MOU) has been signed between Ministry of Railways (MOR)