The public transporter has been using information technology extensively for the past three decades. As a result, a large amount of data is available for aspects like passenger ticketing and freight operations among others.
The Indian Railways will set up a new state-owned entity, TRANSLOC, by July to handle transport logistics, a senior official said on Thursday.
ICICIdirect.com has come out with its review report on Rail Budget 2015-16. "Mission-mode approach for holistic, self-sustained development of Railways", says the report.
A bullet train is a costly digression in the context of Prabhu‘s major focus on boosting investment in the main railway system.
Prabhu is likely to unravel his grand plans of how to decrease the cross-subsidy for passenger service from freight earnings which is touching Rs 24,000 crores and the steps to increase goods transportation share in the national transporter with or without hiking fares.
Railway Minister Pawan Kumar Bansal is set to present what will be the first Railway Budget by a Congress minister in 17 years on Tuesday. Indications are that rail travel is likely to get costlier in line with the fuel price hike.
Here are the key highlights so far from Railway Budget for 2012-13 presented by Railway Minister Dinesh Trivedi: