The Hyderabad suburban passenger transport services on the busy Ghatkesar section will get a further boost with Railway Minister Suresh Prabhu announcing the MMTS project on a cost sharing basis with Telangana Government.
Tag: Suresh Prabhu
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WB anchor investor in Rail Fund
The World Bank would be the anchor investor in the new Railway Development Fund, which would be used to fund the modernisation of Indian Railways, Railway Minister Suresh Prabhu said.
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Railways seeks FinMin help to meet Pay Commission ´burden´ of Rs.32,000 cr
As the Railways stares at Rs.32,000-crore additional costs for implementing the Seventh Pay Commission recommendations, Railway Minister Suresh Prabhu
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All contracts to be on e-tendering platform soon: Prabhu
Railway Minister Suresh Prabhu said by early next year all tendering for Indian Railways will be done online.
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Prabhu asks PSUs to undertake more rail projects
Railway Minister Suresh Prabhu asked all PSUs under the ministry to undertake more rail projects, while ensuring best practices in tendering process and transparency in their functioning.
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Need to focus on projects which are remunerative
Sunil Srivastava, Managing Director, Balaji Railroad Systems Ltd, comments on the dismal state of the Indian Railways, delayed projects, and the government´s role in improving the sector.
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Japanising Indian Rail
Taking precedence from Japan which heralded the ´bullet train´ legacy in 1964, the world began to partake of this ´race against time´. High-speed rail (HSR), which uses an integrated system of specialised rolling stock and dedicated tracks, can significantly enhance the connectivity and trade between major cities in a country.
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MOU between Railways and Skill Development Ministry
A Memorandum of Understanding (MOU) has been signed between Ministry of Railways (MOR)
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Jaigarh Port inks pact with KRCL
JSW Jaigarh Port Ltd announced the signing of the concession agreement with Ministry of Railways through Konkan Railway Corporation Ltd (KRCL) in the presence of Devendra Fadnavis, Chief Minister of Maharashtra and Suresh Prabhu
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Rs.8.5 lakh crore plan is for decongestion of network
Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.