+
 Indian Railways boosts investment in passenger safety by 54 per cent
RAILWAYS & METRO RAIL

Indian Railways boosts investment in passenger safety by 54 per cent

Indian Railways has taken substantial steps to prioritise passenger safety, with a remarkable 54per cent increase in fund utilisation over the past five months compared to the corresponding period last year, as stated by the railways ministry. This enhanced investment is intended to bolster safety-related initiatives and enhance the overall railway experience.

During the period from April 1 to August 31, the national railway network has also directed significant funding towards various infrastructure projects, including the development of new rail lines, track doubling, gauge conversion, and improvements to passenger amenities.

The Ministry of Railway emphasised the significance of this capital expenditure, stating that "safety of the passengers is paramount in Railways." They further highlighted that the capital expenditure utilisation has reached approximately 48 per cent, marking a new high in the first five months of this financial year.

In addition to its commitment to safety, Indian Railways has achieved notable revenue growth. Over the same five-month period, the railway has generated a revenue of Rs 1000 billion, encompassing earnings from freight services, passenger services, and other miscellaneous sources.

The railway network's achievements in freight loading are particularly noteworthy, with 634.66 tonne of goods transported between April 1, 2023, and August 31, 2023. This represents an increase from the 620.88 tonne recorded during the corresponding period of the previous year. Key segments like fertiliser, cement, containers, petroleum, oil, lubricants (POL), and coal have all shown significant growth in loading and revenue.

Furthermore, Indian Railways has witnessed a remarkable 26 per cent growth in automobile transportation by rail, accompanied by a 24.5 per cent increase in earnings from the automobile sector, reflecting the railway's commitment to diverse sectors of the economy.

Indian Railways has taken substantial steps to prioritise passenger safety, with a remarkable 54per cent increase in fund utilisation over the past five months compared to the corresponding period last year, as stated by the railways ministry. This enhanced investment is intended to bolster safety-related initiatives and enhance the overall railway experience.During the period from April 1 to August 31, the national railway network has also directed significant funding towards various infrastructure projects, including the development of new rail lines, track doubling, gauge conversion, and improvements to passenger amenities.The Ministry of Railway emphasised the significance of this capital expenditure, stating that safety of the passengers is paramount in Railways. They further highlighted that the capital expenditure utilisation has reached approximately 48 per cent, marking a new high in the first five months of this financial year.In addition to its commitment to safety, Indian Railways has achieved notable revenue growth. Over the same five-month period, the railway has generated a revenue of Rs 1000 billion, encompassing earnings from freight services, passenger services, and other miscellaneous sources.The railway network's achievements in freight loading are particularly noteworthy, with 634.66 tonne of goods transported between April 1, 2023, and August 31, 2023. This represents an increase from the 620.88 tonne recorded during the corresponding period of the previous year. Key segments like fertiliser, cement, containers, petroleum, oil, lubricants (POL), and coal have all shown significant growth in loading and revenue.Furthermore, Indian Railways has witnessed a remarkable 26 per cent growth in automobile transportation by rail, accompanied by a 24.5 per cent increase in earnings from the automobile sector, reflecting the railway's commitment to diverse sectors of the economy.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?