The North Central Railway (NCR) zone, which has jurisdiction over the Mathura-Virndavan section, had mooted a proposal a few months ago to terminate it permanently due to opposition from locals.
After the railways missed the target by a huge Rs 1.23 lakh crore for 2022-2025 and many other ministries raising issues on how these targets were set, the government is now taking a new approach for 2025-30 to improve accuracy and accountability.
A slew of factors such as lack of interest from the private sector, absence of an independent regulator and stringent regulations have weighed on the Railways' asset monetisation efforts.
"According to a latest expenditure report of Indian Railways till January 5, 2025, heavy investment is made in capacity augmentation, a reality aiming to make rail travel a world class experience in India," it added.
According to government data, 80 percent of train accidents result from driver error, a gap Kavach is designed to address. The remaining 20 percent are attributed to shortcomings in track maintenance, as well as issues with locomotives, wagons, and other railway infrastructure.
According to Vaishnaw, Kavach is an indigenously developed Automatic Train Protection (ATP) system which is highly technology intensive and requires safety certification of highest order
The order win comes days after the the company raised Rs 744 crore via Qualified Institutional Placement in November
Vinayak said that the Budget met 7-8 items on his Budget wishlist and the current government has been consistent in its approach to growing the economy through capital investment.
In Gujarat, the construction of bullet train stations has started in Anand, Surat, Vadodara, Bharuch, Vilimora, Vapi and Navsari districts.
The Budget 2023-24 is also likely to set aside Rs 10,000 crore to electrify 7,000 km of broad gauge line in FY24 and will complete the electrification of the entire network.
The passenger, Aji Kumar, reported the incident on Twitter and soon IRCTC and Railway Ministry's Railway Seva took note of it.
The world's highest rail bridge, built over river Chenab in Jammu and Kashmir, will bring all-weather rail connectivity to Kashmir, the Railways had earlier said.
What began as a Rs 21,000 crore project is now set to cost Rs 1.2 lakh crore, that is nearly six times more
The Dhaka-Jalpaiguri Mitali Express is the third Bangladesh-India passenger train service
All stakeholders at the Centre and at the state level were urged to work hand in hand to ensure an unhindered power supply; power generation companies were directed to own freight rakes under the scheme of the Ministry of Railways to deal with logistic constraints in coal supply.
Ashwini Vaishnaw will visit Nischintapur, corridor of Agartala-Akhaura railway link in West Tripura district to review the work progress.
The puzzled herd of elephants stop momentarily at the wall before walking along the boundary possibly to find an entry into the forest.
Economic Affairs Secretary Ajay Seth and senior officials of these two ministries were present in the meeting.
Here’s the lowdown on how a Railway Ministry decision aimed at earning Rs 500 crore revenue annually, on average, led to market cap worth Rs 18,000 crore being wiped out
This comes at a time when the railways' efforts to draw in private players to run its 'private trains' is receiving very little interest from India Inc.
Out of a total of 2,903 cases of deaths due to COVID-19, compassionate appointments have been provided in 1,732 cases, he said, adding 8,63,868 Railway employees have been given the first dose of vaccine and 2,34,184 the second dose.
The Delhi government made the request in view of the mounting coronavirus cases requiring hospitalisation that have strained the National Capital's COVID-19 facilities.
"The Ministry of Railways plans to monetise assets including through Eastern and Western Dedicated Freight Corridors after commissioning, induction of 150 modern rakes through PPP, station redevelopment through PPP, railway land parcels, multi-functional complexes (MFC), railway colonies, hill railways and stadiums," Piyush Goyal said during the Question Hour.
The Railway Ministry further added that after this, next in line is the arch upper of the Chenab bridge which will soon be completed.
The average speed of freight trains in February 2021 was 46.09 kmph, which is more than double compared with the figures from the corresponding period last year (23.01 kmph).