Page 51 - Indian Railways

Railways eyes Rs 30,000-crore revenue with new land licensing fee policy

Sources also indicated that the current policy was causing a lot of leasable Railways land to go idle, notwithstanding the potential for terminal operations

Improving efficiency: New railways land policy

Increasing railway land usage will boost activity

IRCTC cancels 193 trains today: Check your train status for Sept 8 here

Indian Railways cancelled over 190 trains on Thursday, September 8. Read this detailed report to know how to check your train's cancellation or rescheduling status and the list of affected trains

Top Headlines: Rlys' land lease policy, strong festival sales, and more

Business Standard brings you the top headlines at this hour

CCEA revises Railway's industrial land lease policy; lowers fee to 1.5%

Move likely to pave way for Concor's strategic sale

Union Cabinet approves policy on long-term leasing of Railways' land

The Union Cabinet on Wednesday approved a policy for long-term leasing of railway land for the PM Gati Shakti programme, which the government said will help set up 300 cargo terminals and generate 1.25 lakh jobs. The new policy will help provide land lease for a longer period of up to 35 years as against five years at present, Union Minister Anurag Thakur told the media after the cabinet meeting. With an employment generation potential of about 1.25 lakh jobs, the policy will also bring more revenue to the Railways; 300 cargo terminals will be developed in five years. The new policy will enable the integrated development of infrastructure and more cargo terminals.

IRCTC cancels 194 trains today: Check your train status for Sept 7 here

Indian Railways cancelled 194 trains today September 7, Wednesday. Over 300 trains have been affected. Read this article to know more

India, Bangladesh sign 2 agreements to deepen railway co-operation

These MoUs were signed and exchanged on September 6, 2022, during the visit of the Prime Minister of Bangladesh, Sheikh Hasina to India

IRCTC cancels 161 trains today: Check your train status for Sept 6 here

Indian Railways cancelled 161 trains on September 6, Tuesday. Read this detailed report to know the rescheduled, cancelled, diverted, short-terminated and source-changed trains today

Indian railways earn Rs 844 cr in 3 months from e-auction of assets

The railways has earned Rs 844 crore in the last three months, since it brought its commercial earning and non-fare revenue contracts online, with contracts for advertisement on its premises, for parking lots, leasing parcel space and pay-and-use toilets emerging as the top revenue-generating assets. In a boost for small entrepreneurs and start-ups, Railway Minister Ashwini Vaishnaw had launched e-auction for commercial earnings in June, a project enabling a quick finalisation of contracts and a quick re-award in case of failure of any contract. With the bidding process being online, there is no geographical restriction on the bidders and applicants for registration and participation in any e-auction throughout the Indian Railways. Also, the Railway Ministry has relaxed the eligibility criteria. "This e-auction portal has increased the railways' earnings and helped in realisation of the true value of the assets. Since the launch of the e-auction portal for commercial assets, auction

Recovery tracker: Workplace visits at record high; air traffic declines

There were around 314,000 air passengers as of Sunday, September 4, based on a rolling seven-day average. It was around 331,000 as of Sunday, August 28

Railways records best ever August freight loading of 119.32 MT this month

Indian Railways on Monday claimed to have recorded the best ever August Monthly freight loading of 119.32 MT in the month

Railways' freight revenue up 19% in Aug, earns Rs 66,658 cr during FY23

Coal freight revenue rose 42 per cent despite rains, floods during August

IRCTC cancels 269 trains today: Check your train status for Sept 4 here

Indian Railways cancelled 269 trains on Sunday, September 4. Read this report to know the status of rescheduled, source-changed, diverted, cancelled or shortly-terminated trains today

IRCTC cancels 173 trains today: Check your train status for Sept 3 here

Indian Railways Catering and Tourism Corporation announced the list of cancelled, rescheduled, diverted, source-changed trains and shortly-terminated trains on Saturday, September 3. Read this article

Railway Board seeks to rein in spending on employee allowances, others

Concerned over rising working expenses, the Railway Board has asked its seven zones to review their expenditure on employee allowances for overtime, night duty and travel, and fuel and maintenance, sources have said. In a quarterly review meeting chaired by Railway Board Chairman V K Tripathi, it was found that the Ordinary Working Expenses (OWE) in current financial year up to May show that the seven zones have exceeded the Railways' average of 26 per cent increase over corresponding period of previous year, they said. These zones are Northeast Frontier Railway (37.9 per cent), Northern Railway (35.3 per cent), South Central Railway (34.8 per cent), South West Railway (33.1 per cent), North West Railway (29 per cent), Western Railway (28 per cent) and North Central Railway (27.3 per cent). In a reply to a query from PTI, the Railways said the total working expenses for Budget Estimate 2022-23 is Rs 2.32 lakh crore. As accounts are yet to be audited, the corresponding final figures

IRCTC cancels 173 trains today, Sept 2: Check your train status here

Indian Railways Catering and Tourism Corporation announced the list of cancelled, rescheduled, diverted, source-changed trains and shortly-terminated trains on Friday, September 2. Read this article

Railways' freight revenue up 19% in Aug, Rs 66,658 cr earning during FY23

Coal freight revenue rose 42 per cent despite rains, floods during August

PM Narendra Modi inaugurates various development projects in Kerala

Prime Minister Narendra Modi on Thursday dedicated to the nation various projects including that of the Indian Railways and the Kochi Metro and laid foundation stones for the redevelopment of three Railway stations in Kerala. The Prime Minister, who arrived here at 4 pm today on a two-day visit to the state, inaugurated the 27-km double line of Indian Railways connecting KuruppantharaKottayam Chingavanam sections completed at a cost of Rs 750 crore. The PM also dedicated to the nation the newly electrified section between KollamPunalur completed at a cost of Rs 76 crore, which will offer a fillip to eco-tourism besides serving as a faster and affordable means of transportation through the picturesque route and flagged off special train services between Kottayam-Ernakulam and KollamPunalur. Among the railway development projects for Kerala, Modi laid the foundation stone for three station redevelopment projects worth an estimated Rs 1,059 crore. Also, Modi laid the foundation stone

IRCTC cancels 165 trains today, 31 Aug: Check your train status here

Indian railways cancelled 165, rescheduled 12, source-changed 18, and diverted 35 trains today, August 31. Read more