Railway Minister Suresh Prabhu today described the two incidents of derailments, which have raised serious question about railway's safety mechanism, as "very sad".
"I am very angry about the derailments. We have to bring down such cases. For that, safety inspections have to be more vigorous. We have to procure modern equipment for safety inspection on a war footing to avoid manual exercise," he said.
Prabhu said all railway officers have been instructed to involve in inspection on a regular basis. PSUs under railways, like IRCON, RITES and RVNK would also be involved in checking safety parameters and suggest measures to repair loopholes, if any.
About the status of special railway safety fund, he said, "There will be no dearth of funds for safety works. We have written to the finance ministry for the special fund and the minister has agreed in principle for it. We were also assured of more safety funds this time."
While the final report about the November 20 mishap is yet to be submitted, initial report had suggested rail fracture as possible reason for it.
Speaking about train fares, Prabhu said, "Earlier there was no competition for railways. But now situation has changed. Budget airlines are directly competing with our premier service."
Asked about the proposed Rail Development Authority, he said it will go to the Cabinet shortly. However, the RDA will have two more components beside, fare fixation.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
