Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn
The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..
Cabinet Clears Railway Multitracking Projects Worth Rs 234.37 Billion
The Union Cabinet approved three multitracking railway projects worth Rs 234.37 billion (Rs 234.37 bn) to improve connectivity and ease congestion. The Cabinet Committee on Economic Affairs chaired by the Prime Minister authorised schemes that will expand the Indian Railways network by nearly 901 km across 19 districts. Officials said the projects form part of the PM Gati Shakti National Master Plan for integrated planning. The approved projects include the Nagda-Mathura third and fourth line, Guntakal-Wadi third and fourth line and Burhwal-Sitapur third and fourth line, serving routes in Madh..
Rail Network To Be Upgraded To 220 kmph, Says Railways Minister
Railways minister Ashwini Vaishnaw announced a plan to upgrade the national rail network to run trains at 220 kmph on selected corridors. The move forms part of a wider drive to modernise infrastructure and accelerate passenger services across the country. Government officials said the initiative will prioritise high-density routes and newly built tracks where alignment and signalling permit higher speeds. The announcement frames faster services as a key component of transport policy for improved connectivity. Implementation will involve comprehensive track renewal, enhanced signalling systems..
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