While the initiative of e-office got a push in the last three months, the usage of the commercial bandwidth of Railtel increased 1.5 times and retail bandwidth by 2.25 times during this period.
In an online briefing, Director General (HR) Railway Board, Anand S Khati said the Railways will be "rightsizing and not downsizing".
Business Standard's Assistant Editor Shine Jacob gives a sense of this announcement in detail
Its earnings from freight also saw 31 per cent fall to Rs 22,266 crore for the April-June period.
The Railways indicated that the plan to rope in private players came after an estimate showed that passenger traffic is expected to grow by 55 per cent from the current level by 2030
As per the affidavit, train coaches cannot be reused for regular passenger services if major structural changes were carried out
Railways on Wednesday formally kickstarted its plans to allow private entities to operate passenger trains on its network
Railway Board Chairman VK Yadav said that private players in passenger train operations will mean a quantum jump in technology and coaches that run at higher speeds
It is worth noting that the speed of Rajdhani and Shatabdi Express trains has been increased on many routes
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Move to see investment of around Rs 30,000 crore
This is the first initiative for private investment for running passenger trains on the Indian Railways network
Days after issuing an order asking its zonal offices to terminate services of over 500 contractual hospitality supervisors, IRCTC has now decided to keep the order in abeyance till further notice.
More domestic flights and passenger trains will be allowed in a calibrated manner, as the government issued guidelines for the month-long 'Unlock 2' beginning July 1
A total of 202 services will now be running on WR's suburban section
According to sources, a shareholder agreement was signed on May 21 and the proposal will be taken up for approval of the shareholders
The experiment, started with 15 pairs of air conditioned trains being run by the Railways on the Rajdhani routes since May 12, will be replicated in all AC trains
Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment
"It is heartening to see that the occupancy in trains from UP, Bihar, West Bengal to big cities is increasing day by day, indicating an improving economic situation," Yadav said
The scope of work also includes integration of the existing standalone CCTV network of the railways into the VSS system for centralised monitoring