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Lopsided technology

Lopsided technology

Rail Minister Pawan Kumar BansalÂ’s nephewÂ’s alleged involvement in a job scam is perhaps an apt representation of what ails the nationÂ’s largest employer. Like any other behemoth

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India for development of inter-country rail linkages

India for development of inter-country rail linkages

Indian government is committed to the development of inter-country rail linkages and in furtherance of this policy, it supports the development of Trans-Asian Railway Network, the Union Railway Minister Pawan Kumar Bansal said in Delhi on March 19. This network would provide a major land corridor for transport of people and goods across the frontiers of the member countries, Bansal said while speaking at the 7th meeting of Railways of South and South East Asian Countries.

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Railways to mop up Rs 2,000 cr

Railways to mop up Rs 2,000 cr

By leasing out its land to build hotels, malls, warehouses and even residential complexes Indian Railways hopes to mop up about Rs 2,000 crore. Railway Minister Pawan Kumar Bansal announced that a target of Rs 1,000 crore each is proposed to be fixed for Rail

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Railways to mop up Rs 2,000 cr

Railways to mop up Rs 2,000 cr

By leasing out its land to build hotels, malls, warehouses and even residential complexes Indian Railways hopes to mop up about Rs 2,000 crore. Railway Minister Pawan Kumar Bansal announced that a target of Rs 1,000 crore each is proposed to be fixed for Rail

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Rail Budget proposes Rs 633.6 bn plan outlay

Rail Budget proposes Rs 633.6 bn plan outlay

An outlay Rs 63,363 crore has been proposed for 2013-14 Rail Budget which will be financed through Gross Budgetary Support of Rs 26,000 crore, RailwayÆs Share in Road Safety Fund of Rs 2,000 crore and internal resources of Rs 14,260 crore. Highlighting the

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Railways to boost coal mine connectivity

Railways to boost coal mine connectivity

As part of its initiative to boost connectivity, the Railway Ministry plans to spend about Rs 4,000 crore to upgrade rail connectivity to coal mines. The investment, once materialised, would boost fuel supplies to power projects.

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Ministry discusses funding options for key rail projects

Ministry discusses funding options for key rail projects

Planning Commission De­puty Chairman Montek Singh Ahluwalia and Railway Minister Pawan Kumar Bansal discussed options for funding crucial railway projects. The rail ministry feels the need to raise its own resources to fund these projects. Steps to raise funds could include an across-the-board increase in railway fares, reports suggest.