Tag: Ministry of Railways

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Major Port Authorities Act to Decentralise Decision-Making

Major Port Authorities Act to Decentralise Decision-Making

The Major Port Authorities Act, 2020, is aimed at decentralising decision-making and infusing professionalism in the governance of 13 major ports. The act seeks to impart faster and transparent decision-making to benefit stakeholders and improve project execution capabilities by reorienting the governance model in central ports to the landlord port model in line with the...

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Traction Ahead!

Traction Ahead!

The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).

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Fast Forwarding the Lifeline

Fast Forwarding the Lifeline

It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.

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Digitisation plays a vital role in project monitoring

Digitisation plays a vital role in project monitoring

To monitor the progress on the Delhi-Mumbai Industrial Corridor (DMIC), we have appointed a project management consultancy. In addition to this, we have also developed an in-house Project Monitoring and Implementation System (PMIS), through which we monitor the progress of each and every phase of the project.

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Minister of Railways unveils ‘Mission 41k’

Minister of Railways unveils ‘Mission 41k’

Minister of Railways Suresh Prabhu unveiled ‘Mission 41k’ during a roundtable discussion with external stakeholders on energy initiatives taken up by the Indian Railways. Prabhu said that the Ministry of Railways had come up with Mission 41k to save Rs 41,000 crore in the next decade in Railways’ energy costs.