Piyush Goyal is new Railways minister, replaces Suresh Prabhu

Piyush Goyal is new Railways minister, replaces Suresh Prabhu

NEW DELHI: Power minister Piyush Goyal, newly elevated to cabinet rank, was on Sunday given charge of the railway ministry.
Goyal replaces Suresh Prabhu who had offered to resign after a spate of train accidents in the last month.
Analysts said the BJP leadership felt Goyal has done a competent job in implementing reforms in the power and coal sectors.

Indian Railways turnaround hits buffers

Indian Railways turnaround hits buffers

India’s mammoth state railways, much of them stuck in colonial times, have missed earnings targets for the third straight year and debts have shot up, documents seen by Reuters show, raising doubts about an ambitious modernisation drive.

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