With an increase in the traffic for the past two months, the multi-modal logistics park at Balli station on the Konkan Railway route is most likely to be fully operational by October with state-of-the-art facilities.

It is often pointed out that every rupee invested in ramping up the railway infrastructure benefits the economy six times over. Soon after the National Democratic Alliance (NDA) government came to power in May 2014, a committee was formed under Professor Bibek Debroy to restructure the Railway Board, the powerful body that oversees all technical and policy matters pertaining to the public-sector transporter. A majority of recommendations made by the senior economist at the New Delhi-based Centre of Policy Research was implemented. Two cross-functional directorates for non-tariff revenue and mobility, reporting directly to the Chairman of the Railway Board, were constituted. Powers were also delegated to general managers and divisional railway managers to expedite decision-making.

Sanjay Gupta is the youngest Chairman & Managing Director in the 28-year history of Konkan Railway Corporation (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

Rail modernisation requires technology, and much of this is already available today in the private sector. The Railways has identified several investment areas for private players.