Here’s a figure that should really worry you: 2017-18 saw a 25 per cent increase in rail and weld fractures, the highest in the last three fiscal years. Rail fractures are one of the major causes for train derailments that could cause human fatalities.
The 165-year-old Indian Railways will usher in its most profound accounting reform since Independence as it prepares its financial statements for the current fiscal under the accrual-based accounting system, the process widely followed by the corporate sector.
Deciding Against Dismantling, Railways To Hand Over Lord Curzon Bridge To Uttar Pradesh Government For Preservation
In a bid to save its heritage structures, the Railways has decided against dismantling the 113-year old Lord Curzon Bridge in Allahabad and will hand it over the Uttar Pradesh government for its preservation.
The railway ministry has decided to take all its big ticket projects rejected by Prime Minister Narendra Modi last month back to him for reconsideration, sources in the ministry said today.
The railways today said it has received over two crore applications for about one lakh vacancies, with five days still remaining for the online registration to end.
Faced with massive cost-overruns and procedural wrangles over certain projects, Indian Railways has decided against approving any works above Rs 50 crore without a detailed project report (DPR). All works costing above Rs 50 crore shall be approved only after preparation of DPRs that contai detailed estimates,
It has rolled out Rs 500 crore plan for decongestion of the suburban rail corridor from Bengaluru city to Whitefield, the major IT hub in the city.
Keeping in mind the growing pressure of the suburban traffic in Bengaluru, the railways have sanctioned a quadrupling project with a provision of two additional lines from Bengaluru Cantt to Whitefield at a cost of Rs 492.87 crore.
Semi-AC local trains in Mumbai soon! Yes you read it right! Local trains, which are the lifeline of Mumbai, may soon get this big boost!
Indian Railways will now digitise the submission of bills by vendors for payment and issue of inspection certificates by inspecting agencies with the aim of achieving complete digitisation of its contract management.