Ministry requests separate funds for railway safety

Minister of State for Railways Rajen Gohain added that of the total of Rs 1,11,683 crore will be funded by the Finance Ministry

Western Railway, Train derailment
Services of Western Railway were on Tuesday morning affected after an empty coach of the express train derailed between Elphinstone & Lower Parel railway station.
IANS New Delhi
Last Updated : Nov 20 2016 | 11:35 AM IST
The central government said on Friday that the Ministry of Railways has requested the Finance Ministry for a separate fund for improving safety of the Indian Railways.

"Ministry of Railways has requested Ministry of Finance to sanction a non-lapsible Rastriya Rail Sanraksha Kosh (RRSK) totalling Rs 1,19,183 crore for safety improvements of Indian Railways," Minister of State for Railways Rajen Gohain said in a written reply to a question in the Rajya Sabha.

Gohain added that of the total of Rs 1,11,683 crore will be funded by the Finance Ministry.

"The safety related works identified are related to track works, bridge rehabilitation, safety works at level crossing, replacement and improvement of signalling system, improvement and upgradation of rolling stock, replacement of electrical assets and human resource development," he said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 20 2016 | 10:30 AM IST

Next Story