Railway minister Suresh Prabhu dedicated the Rail Budget to the ´aam aadmi,´ saying that there would be a turnaround of the Railways in the next five years. The Lok Sabha recently passed the demand of grants for the Railways. ´The Rail Budget has kept the aam aadmi in its focus. We seek to carry more passengers by augmenting the capacity, while enhancing the passenger amenities,´ Prabhu said, while replying to discussion on the demand for the grants. The Minister also said that his ministry seeks to involve states in execution of projects. He said that the big investments for the turnaround of the ´bleeding´ and ´sinking´ railways are essential and there is no threat of getting it into debt trap. He stated that his ministry is work-¡ing on a five-year action plan for execution of projects so that these are ´not forgotten´. ´The Railways has not been able to meet the regional aspirations due to lack of funds. But this budget has tried to address it,´ said Prabhu, while adding that the Railways proposes to join hands with states to execute rail projects to fulfill regional aspirations. Many states have already written to him and MoUs would be signed soon, he added.
FlashNews:
NHAI Launches Internship Programme to Build Highway Talent Nationwide
Powerplay Rolls Out Procurement-Linked Credit to Unlock Contractor Cash Flows
IREDA Earns ‘Excellent’ MoU Rating for Fifth Year, Cementing Role in Clean Energy Financing
Inox Clean Energy Secures ₹31 Billion Equity at ₹500 Billion Valuation
Centre’s ₹2.35 Billion Port Push in Tamil Nadu, Sonowal Flags Maritime-Led Growth
Indian Railways to Roll Out 52 Reforms in 52 Weeks; Targets Single-Digit Accidents by FY2027
India Stays the Course as Combative Trump Exits International Solar Alliance
Energy Security, Investment and Decarbonisation to Take Centrestage at India Energy Week 2026
PM Modi Hails HPCL’s World-First LC-Max Residue Unit at Visakh Refinery
NHAI Urges DoT and TRAI to Fix Mobile Connectivity Gaps on National Highways
With Joshi at the Wheel, Gadkari Joins Hydrogen Car Drive to Signal India’s Clean Mobility Push
ONGC Partners MOL to Launch Ethane Shipping, Strengthening Energy Logistics and Maritime Presence
DFCCIL Uses GPS to Bust ERC Theft in Ambala, Averts Rail Mishap
Bhogapuram Airport Nears Completion as GMR Conducts Successful Validation Flight
Power Minister Manohar Lal Reviews Strategic Hydropower Projects in J&K
Inox Clean Energy Acquires 300 MWp SunSource Portfolio to Power Growth
Accelerating Sustainable Energy Sector Growth with the Power of AI
Advantage Assam: Trust, Governance and Growth Under Prime Minister Modi
Near Western Dedicated Freight Corridor Completion, DFCCIL Chief Inspects JNPA‑Vaitarna Stretch
Home » Rlys turnaround in five years: Prabhu
Rlys turnaround in five years: Prabhu
Railways & Metro Rail
May 1, 2015May 1, 2015


Leave a Reply
You must be logged in to post a comment.