Indian Railways boosts investment in passenger safety by 54 per cent
Railway Ministry Empowers GMS, DRMS for Infrastructure
In a significant move aimed at accelerating infrastructure development within the Indian Railways, the Railway Ministry has enhanced the project sanctioning powers of General Managers (GMs) and Divisional Railway Managers (DRMs). This strategic decision aims to expedite the approval process and streamline the implementation of critical projects across the railway network.
The Railway Ministry's decision to delegate more authority to GMs and DRMs underscores a proactive approach towards addressing bottlenecks and facilitating faster project execution. By empowering these key officials, ..
Public Sector Undertakings invest Rs 502 bn in April's capex
An official mentioned that large public sector companies had allocated slightly more than Rs 502 billion for capital expenditure in April FY25 alone, constituting almost 6.5% of their total fiscal target of nearly Rs 7.8 trillion. The official noted that this rate was slower compared to the Rs 541.77 billion spent in April FY24, which accounted for about 7.3% of the annual budget target of over Rs 7.4 trillion. They added that the capital expenditure spending was expected to increase in the future, also stating that the April figures were still provisional and would likely increase in the fina..
Non-fare revenue soars for Metro Railway by 38%.
The non-fare revenue (NFR) of Metro Railway earned Rs 0.27 million in April 2024 as opposed to Rs 0.19 million at the same time in 2023?2024, an increase of 38%. Despite being the smallest Indian railway zone, the Metro Railway has managed to rank among the top railway zones in terms of providing excellent outcomes during the current fiscal year 2024?25. Metro Railway, which is otherwise solely dependent on passenger profits, took a number of creative measures to boost its profitability. They concentrated on earning income by, among other things, branding trash cans at stations, putting up si..
Railways Calls for Bids for Varanasi Division Projects
Indian Railways has initiated the bidding process for various infrastructure projects in the Varanasi division. These projects aim to enhance rail connectivity and modernise facilities in the region, bolstering local transportation and economic growth.
The projects include the construction of new railway lines, upgrades to existing tracks, and improvements in station infrastructure across Varanasi division. This initiative is part of Indian Railways' ongoing efforts to modernise and expand its network, catering to increasing passenger and freight demands.
The bidding process invi..
Mumbai Metro Pre-Trial Reaches Dadar
"The Mumbai Metro's pre-trial phase has progressed to the Dadar station, marking a significant milestone in the city's metro rail project. This development signals the gradual expansion of metro services and infrastructure across Mumbai.
During the pre-trial phase, the Mumbai Metro undergoes rigorous testing and validation processes to ensure its safety, reliability, and operational readiness. The extension of pre-trial operations to the Dadar station demonstrates the steady progress of the metro project towards its eventual inauguration and public launch.
The Dadar station holds..