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Seventy-three railway stations in Uttar Pradesh are now covered with 'One Station One Product' (OSOP) outlets with the objective to promote 'Vocal for Local' vision and provide a market for local/indigenous products. Under the scheme launched by the Railways Ministry, OSOP outlets at railway stations are allotted for showcasing, selling and giving high visibility to indigenous/local products. The pilot of the scheme was started on March 25 and today, 73 stations are cove...
73 Uttar Pradesh railway stations sell OSOP products
The Network Planning Group (NPG) under PM GatiShakti examined and recommended four infrastructure projects. During the meeting, four projects by the Railways Ministry were examined by the NPG and recommended. These projects will be developed in tandem with the PM GatiShakti Principles using the integrated and holistic approach. These projects will also provide multimodal connectivity, seamless movement of goods and passengers as well as increase logistics efficiency across the country. ...
NPG under PM GatiShakti recommends four infrastructure projects of Railways
The network planning group (NPG) under PM Gati Shakti has recommended six infrastructure projects. During a meeting, the six projects, including one by MNRE, three by Ministry of Railways and two by Ministry of Road Transport and Highways, were examined by the NPG which then recommended them. These projects will be developed in tandem with the PM Gati Shakti principles using the integrated and holistic approach. These projects will also provide multimodal connectivity, seamless movement...
Network planning group under PM Gati Shakti recommends 6 infra projects
The Ministry of Railways has signed an agreement with Tata Steel for providing seating system, panelling for 22 Vande Bharat trains as one of its vendors. The Ministry of Railways has set a production target of 200 Vande Bharat trains over the next two years, besides setting a target to run the first sleeper version of Vande Bharat by the first quarter of 2024. Keeping this in view, an agreement has been signed with Tata Steel to speed up the production work. The seats in 22 Vande Bh...
Railway Ministry inks deal with Tata Steel to provide seating system, panelling for 22 Vande Bharat trains
The Indian Railways has signed an agreement with Tata Steel under which the company will manufacture 22 trains of the country's fastest and feature-rich Vande Bharat Express in the coming year. The Ministry of Railways has set a production target of 200 Vande Bharat trains for the next two years, besides setting a target to run the first sleeper version of Vande Bharat by the first quarter of 2024. Keeping this in view, an agreement has been signed between Indian Railways and Tata S...
Tata Steel to manufacture 22 Vande Bharat trains in next one year
“Railways is a key sector to transform the economy”, said Ashwini Vaishnaw “India will become a major technology exporter within the next 2-3 years across various sectors. Today, 99% of mobiles in India are made-in-India whereas earlier 99% were imported”, said Ashwini Vaishnaw, Union Minister for Railways, Communications, Electronics & Information Technology. The minister was speaking at the second edition of ABP Network’s “Ideas o...
With PM Narendra Modi`s vision, India will become a major rail technology exporter in the world in three years : Railway Minister Ashwini Vaishnaw
All-round infrastructure development has been a focus area of the Modi government and as a part of this overall thinking the 'Amrit Bharat Station Scheme' has been rolled out for the development of 1,275 railway stations across the country. This scheme envisages development of stations on a continuous basis with a long-term approach. Presently, the scheme envisages to take-up 1275 stations spread across the country for upgradation and modernisation. Among the states, Uttar Prade...
Delhi railway makeover a part of Amrit Bharat Station Scheme
Rites is currently trading at Rs. 333.00, up by 2.95 points or 0.89% from its previous closing of Rs. 330.05 on the BSE. The scrip opened at Rs. 337.00 and has touched a high and low of Rs. 337.00 and Rs. 330.05 respectively. So far 7589 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 433.20 on 04-Nov-2022 and a 52 week low of Rs. 226.05 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 338.3...
RITES moves up on receiving additional work of Rs 65 crore
Cressanda Solutions is currently trading at Rs. 30.55, up by 0.25 points or 0.83% from its previous closing of Rs. 30.30 on the BSE. The scrip opened at Rs. 30.30 and has touched a high and low of Rs. 31.60 and Rs. 30.25 respectively. So far 297536 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 51.20 on 06-May-2022 and a 52 week low of Rs. 4.78 on 27-Jan-2022. Last one week high and low of the scrip stood at Rs...
Cressanda Solutions rises on bagging order for in-coach digital advertising in Kolkata Metro
Monetisation of railways' assets is likely to be one of the key agenda items in the forthcoming Union Budget for 2023-24, which Finance Minister Nirmala Sitharaman is going to present on February 1. In 2021-22, the Railway Ministry had set a target of monetising railways assets worth Rs 17,000 crore, however due to poor response from the private sector, the target could not be achieved. Even this fiscal's target of railways' asset monetisation of Rs 57,000 crore is likely to...
Government bullish on railway assets monetisation in Union Budget
Anil Kumar Lahoti has taken over the charge of new Chairman & Chief Executive Officer (CEO) Railway Board (Ministry of Railways). The appointments committee of the Cabinet approved his appointment. Prior to this, Lahoti has worked as a Member (Infrastructure) of the Railway Board. Lahoti belongs to the Indian Railway Service of Engineers, 1984 batch and has been empanelled in the first panel of Indian Railways Management Service for Level-17. He graduated in Civil Engineering wit...
Anil Lahoti takes over as new CRB chairman
The Ministry of Railways has been making constant efforts to make India's first semi-high speed train, Vande Bharat better. The project, which was flagged off by Prime Minister Narendra Modi, has been the dream of the government and the Railways. So far, 6 Vande Bharat trains are running, with the sixth one flagged off by Modi on December 11, 2022 to run from Nagpur to Bilaspur. The flag off was done at Nagpur railway station in the presence of Maharashtra Chief Minister Eknath Shin...
Indian Railways promises an even better Vande Bharat 2.0 edition
Manipur capital Imphal is expected to feature in the Indian Railways network by December 2023, making it the fourth capital city in the northeastern region to have a rail link, officials said on Friday. Northeast Frontier Railway (NFR) Chief Public Relations Officer Sabyasachi De said that over 90 per cent work of the 110 km Jiribam (near Assam)-Imphal railway line have been completed and Rs 14,322 crore project is targeted to be completed by December 2023. The construction of the Jirib...
Imphal to become 4th capital city in North East get rail link by December 2023
India, known for its intricate railway network will soon witness a massive transition from conventional railway signalling system as Bharat Electronics Ltd (BEL) has signed an agreement with Delhi Metro Rail Corporation Ltd (DMRC) to jointly develop an indigenous communication-based train control system (i-CBTC). i-CBTC, being indigenously developed for the first time in India, will enable unmanned operations of metro and trains. It is a big leap forward in the field of metro and rail auto...
India soon to get unmanned trains
The Rail Land Development Authority (RLDA), under the Railways Ministry, has invited bids for leasing 4.93 acres of railway land at Kerala's Kannur for commercial development. The reserve price for the land parcel is Rs 22.6 crore for a 45 years lease. The developers shall get rights to develop commercial infrastructure as per their plan and will also be entrusted with redevelopment of the existing railway colony at a separate land parcel made available by the railways. An online...
RLDA invites bid for commercial development of railway land at Kannur
The Ministry of Railways has increased the speed of 500 Mail Express trains through the new time table of the Railways from Monday. Now, these express trains will reach their destination faster by 10 to 70 minutes. Along with this, Railways has converted 130 services i.e. 65 pairs from Express to Superfast. It is expected that the new time table will improve the punctuality of trains by about 9 percent, due to which about 84 percent of the trains will reach their destinations at the right ...
Railways' new time table increases speed of 500 trains
Gensol Engineering is currently trading at Rs. 1602.00, up by 67.00 points or 4.36% from its previous closing of Rs. 1535.00 on the BSE. The scrip opened at Rs. 1579.90 and has touched a high and low of Rs. 1608.95 and Rs. 1540.05 respectively. So far 31920 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1990.00 on 02-Sep-2022 and a 52 week low of Rs. 54.45 on 06-Dec-2021. Last one week high and low of the scri...
Gensol Engineering zooms as its order book swells to over Rs 531 crore
The third rake of Vande Bharat Express train that was designed, developed, and manufactured by the Integral Coach Factory (ICF) here will be tested for about 15,000 kilometres, Railways Minister Ashwini Vaishnaw said on Friday. Vaishnaw visited the ICF and inspected the Vande Bharat Express train. According to him, all tests such as static, dynamic, oscillation and others will be carried out and added that ICF will be rolling out more such trains. Vaishnaw said 75 Vande Express train...
Vande Bharat Express`s 3rd rake to be field tested for 15,000 km: Ashwini Vaishnaw
Union Minister of Railways, Communications and Electronics and Information Technology, Ashwini Vaishnaw on Sunday said the Centre would install about 4,000 mobile towers in various places across Odisha very soon. Addressing a press conference here, Vaishnaw said nearly about 6,000 villages in Odisha remain out of mobile connectivity due to lack of mobile towers. In December last year, Prime Minister Narendra Modi had sanctioned a proposal for installation of mobile towers at 3,933 sites...
About 4K telecom towers to be installed in Odisha soon: Union Minister of Railways Ashwini Vaishnaw
The Southern Railway has received an outlay of Rs 7,134.56 crore for the financial year 2022-23, in addition a total of Rs 1,064.34 crore is also received as Extra Budgetary Resource (EBR), said officials. Of the total outlay Rs 1,445.85 crore has been earmarked for doubling projects, Rs 346.80 crore has been earmarked for gauge conversion projects and Rs 59 crore for new lines. An amount of Rs 327.77 crore has been allotted for passenger amenities for the year 2022-23, Southern Railway...
Southern Railway gets Rs 7,134 crore in the Union Budget
The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22. To achieve this target with creation of other infrastructure in the sector, the government has increased the CAPEX (Capital expenditures) by five fold in the last seven years. Union Finance Minister Nirmala Sitharaman on Monday tabled Economic Survey 2021-22 in the Lok Sabha. The survey claims that IR is targeting 100 per cent electrification of its ne...
Railways target 100% electrification by December 2023: Economic Survey
The Rail Budget this year will focus on making long-distance travel comfortable, densening the railway network in the poll-bound states and enhancing the connectivity in metro cities as well as the Northeast region. Union Finance Minister Nirmala Sitharaman will present her fourth Budget on Tuesday (February 1). This will be the sixth joint Budget after the merger of the Rail Budget with the Union Budget in 2017. As per information, it is expected that the Centre will increase the Ra...
What's likely to be unveiled by the Railway Budget
The Central government is going to present the Rail Budget on February 1 along with the General Budget - as has been the practice ever since the Narendra Modi government came to power, ahead of the Assembly elections scheduled to be held in the five states. Finance Minister Nirmala Sitharaman will present her fourth budget on February 1 and according to sources, the Central government is going to increase the outlay for the rail budget this time by 15-20 per cent. Last year, the governme...
What to expect from Rail Budget 2022?
The government's plans for a major reorganisation of companies functioning under the Ministry of Railways may see creation of one public sector undertaking for rolling stock and manufacturing of locomotives. At present, the Indian Railways has eight production units including three coach factories - Integral Coach Factory (ICF), Chennai, Rail Coach Factory (RCF), Kapurthala, and the Modern Coach Factory (MCF), Rae Bareli. In addition, there are three locomotive manufacturing facilit...
Railways restructuring plan may integrate eight manufacturing facilities into one
The Ministry of Railways has decided to withdraw its decision on sharing of convenience fee earned by IRCTC on online bookings of train tickets. "Ministry of Railways has decided to withdraw the decision on IRCTC convenience fee," DIPAM Secretary Tuhin Kanta Pandey tweeted on Friday. Santosh Meena, Head of Research, Swastika Investmart Ltd. said "It was a roller-coaster ride for the IRCTC where it fell around 25 per cent in the Friday morning session after overnight news ...
IRCTC stock recovers after Railways Ministry withdraws fee decision
BENGALURU - India's railway ministry withdrew its decision on Friday to ask its catering and tourism arm, the Indian Railways Catering and Tourism Corporation, to share half of all the convenience fee revenue it earns. Shares of IRCTC, which plunged as much as 30% earlier, pared some losses and were last down 5.2%. (Reporting by Vishwadha Chander in Bengaluru; Editing by Rashmi Aich)
Indian railway ministry reverses decision to seek convenience fee share from catering arm
Indian Railways has commissioned Wi-Fi at 6,000th railway station in Jharkhand's Hazaribagh district, the Ministry of Railways said on Sunday. "With the commissioning of Wi-Fi at Hazaribagh Town falling under Hazaribagh district of Jharkhand in Dhanbad Division of East Central Railway as on May 15, Indian Railways commissioned Wi-Fi at 6,000 Railway stations," said the Ministry. Indian Railways have started its journey by providing Wi-Fi facility at 1st Railway stati...
Indian Railway commissions Wi-Fi at 6,000th railway station
The Indian Railways on Friday said that despite the Covid-19 pandemic, it has achieved the highest-ever figure in electrification of sections, covering 6,015 route km (RKM) in a single year during 2020-21. A Railway Ministry spokesperson said that the national transporter has has surpassed the previous highest of 5,276 RKM achieved in 2018-19. "It is a proud moment for Indian Railways for achieving target of 6,000 km plus electrification project completion during the tough time of ...
Despite Covid, railways logs highest-ever route electrification
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