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Fiscal Year:

Rail Budget 2016: Railways to double investment to Rs 1.2 lakh crore for FY17

New Delhi: Mr Suresh Prabhu, Minister of Railways, announced plans in the Rail Budget 2016 to double investment in railways to Rs 120,000 crore (US$ 17.4 billion) for FY17 and make...

February 26, 2016

Rail Budget 2016: Outlay for railway electrification increased by almost 50%

New Delhi: In the Railway Budget 2016, Indian Railways has increased the outlay for railway electrification by almost 50 per cent to electrify 2,000 kms and aims for an operating r...

February 25, 2016

Railways to focus on monetising assets; SBI Cap to draw up plan, says Suresh Prabhu

New Delhi: Indian Railways plans to target higher share of non-railway revenue by various means such as asset monetisation and creation of a holding company structure for raising r...

January 25, 2016

Government adopts new model to implement PPP projects, to take up infrastructure projects on hybrid-annuity mode

New Delhi: Government of India plans to use the new hybrid-annuity model for allocating contracts under the Public Private Partnership (PPP) projects in highways, Namami Gange and ...

January 13, 2016

Railways, Maharashtra government to set up Special Purpose Vehicle for railway infrastructure

New Delhi: State government of Maharashtra has planned to set up a Special Purpose Vehicle (SPV), Maharashtra Railway Infrastructure Development Company, with a view to boost railw...

September 17, 2015

Railways working on decongesting seven trunk routes

New Delhi: The Central government is working on the decongestion of seven high density network rail routes by implementing large number of projects planned to add new lines, conver...

August 10, 2015

Rail stations, power, expressways & FDI feature in big cabinet decisions today

New Delhi: The Cabinet today approved major decisions such as modernisation of 400 railway stations, simplification of foreign investments by a composite cap, six-laning of Eastern...

July 16, 2015

Mumbai to get first rail, road double-decker bridge at CST

Mumbai: Mumbai will get its first double-decker bridge on P D'Mello Road at Chattrapati Shivaji Terminus (CST), in which tracks will be constructed at an elevated level and car...

July 02, 2015
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