Railways' profitable business is losing ground to road competition, while it's losing money on passenger travel. By not raising fares, it's not really sparing the public.
80% of 2,843-km DFC was operational by August 2023. Built at a cost of Rs 1.24 lakh crore, the corridor — made up of eastern and western arms — spans 9 states & 77 districts.
List of projects identified for monetisation will be submitted to the NITI Aayog by next week. The railway ministry has been told to expeditiously take up projects for monetisation.
In a letter, the Railway Board lists several steps needed to boost infrastructure to achieve the target. It also says funds will be made available based on the Railways' performance.
The Modi government has invited protesting farmers for talks on 13 November in a bid to end the impasse. But Sunil Jakhar says Centre’s intentions are suspect.
With goods trains not plying in Punjab since 2 Oct, both govt & private thermal plants are facing acute coal shortage. Urea for farms is also not reaching state, leading to shortage.
In a letter, Railway Board said multi-disciplinary business units will be set up & ads will be released to publicise that such units are available & Railways is keen to attract new traffic.
Ministry of Railways writes to zonal managers, stating that the railways must start competing with road transports who offer round-trip discounts on goods.
The Modi govt shifted the burden of investing for growth from companies to the public sector. The share of government capital spending in GDP terms has doubled since 2014.
Development comes in the backdrop of Amit Shah chairing meeting to set up a dedicated body for the security of vessels and port facilities. It will be called Bureau of Port Security.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
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