Prabhu tells why Indian Railways will never be privatised

NEW DELHI: Railway Minister Suresh Prabhu has ruled out privatisation of the public transporter as it cannot ignore the common man’s interest and will have to bear the public service obligation. The Indian Railways’ public services obligation is currently almost Rs 30,000-35,000 crore (approx US$ 4670.4-5448.7 Million). More Details:  “This…

Railways Gets share From Nirbhaya Fund for CCTVs, Ladies Special Trains & Ladies Compartments

In a first, Indian Railways has been allocated a share of the Nirbhaya Fund for implementing an ongoing scheme to install CCTV surveillance systems at railway stations and Ladies Special trains and women compartments in suburban trains. In the last 8 years since the launch of the plan, these systems…

Railways seeks partnership with industry for ‘complete transformation’ of the railway network

New Delhi: On Wednesday, the Indian Railways (IR) asked the industry to partner with it for the "complete transformation" of the railway network in the country. Railway Board Member (Rolling Stock) Ravindra Gupta, addressing the 4th Global Rail Convention under the aegis of PHD Chamber of Commerce & Industry here,…

Railways sanctions Rs 218 crore for electrification of Villupuram-Thanjavur rail line

Nagapattinam: The Railway Ministry has sanctioned Rs 218 crore (approx US$ 34 Million) for electrifying the Villupuram-Thanjavur railway line in Tamil Nadu. As announced in the 2017-18 Union Budget, the electrification work of Villupuram-Cuddalore Port – Mayiladuturai-Thanjavur line and Mayiladuturai to Thiruvarur line has been entrusted to Rail Vikas Nigam…