May 18, 2015

Suresh Prabhu Chairs the First Meeting of Newly Constituted Advisory Board of Railway Finance

Shri Suresh Prabhu, Minister for Railways, chaired the first meeting of the newly constituted Advisory Board on financial matters at the Railway Ministry here today. The Minister of State for Railways Shri Manoj Sinha was specially presented on the occasion. Chairman, Railway Board, Shri A.K.Mital and Members of the Railway Board, other senior officers of the Ministry and Managing Director, IRFC attended the meeting. The member of the Advisory Committee presented on the occasion were; Shri K.V Kamath, Chairman, ICICI Bank Ltd., Ms. Arundhati Bhattacharya, Chairperson, SBI, Dr. Rajiv Lall, Executive Chairman, IDFC, and Shri Raghav Bahl, Founder, The Quintillion Media Pvt. Ltd. 

It may be recalled that Minister of Railways, in his reply to the discussion on the Railway Budget in Parliament had announced the setting up of the Advisory Board. The Board consisting of top names of the financial world is expected to guide and advise on matters of sourcing investments into Railway infrastructure development. 

In his first ever Budget, Shri Prabhu had announced an investment of Rs. 8.5 lakh crore in Railways in the next 5 years. Immediately thereafter, the Ministry signed a MOU with LIC of India for a funding assistance of Rs.1,50,000 crore to be drawn over the next 5 years. The Annual Plan size for 2015-16 was also doubled to cross Rs. 1 lakh figure in 2015-16. 

Leading the discussion, Minister for Railways drew attention to the huge investment requirement in Railways and the various sources and structures under consideration to mobilize the required resources. A Financial Services Cell has been created in the Ministry to focus on this aspect. He drew attention to the complex task of matching projects with varying levels returns to various sources of finances, all available at various costs. In the ensuing discussion, several suggestions were made by members of the Advisory Board for attracting domestic and international funds, steps required to give comfort to investors/ lenders and to ensure sustainability of the funding models. 

source - pib

Railway is on the track of improvement

rail

Minister for State for Railways has been given more powers

powers of rail

MACP of S&T branch


Periodical transfer and posting order of Enng. Department

Written Test/Selection for the post of JE/C&W GP 4200/- against 25 % Promotee quota.


Notifications for following Selections (Departmental) available for download in PDF format on South Western Railway Website

General Departmental Competitive Examination (GDCE) for filing up of the posts of S&T,Mechanical,Operating, Personnel.










Office Order no. 254 कार्मिक विभाग, भोपाल मंडल

Provisional Seniority list of Gr."B" Officers of Electrical Department as on 01.04.15.


Psycho test for Assistant Station Master PB 5200-20200 GP 2800 against Promotional Quota.Date 01-06-2015 & 02-06-2015.Time-10AM.

The exam of ADST in GP 4800 under 70 % LGS has been postponed by HQ

Light Metro: Crucial Meet Today

THIRUVANANTHAPURAM: A crucial meeting on the light metro projects of Thiruvananthapuram and Kozhikode will be held on Monday.
At a meeting convened on April 28, a consensus could not be reached between the DMRC and the Finance Department as both of them had stuck to their respective stands. Following this, the government has asked for 10 days’ time which ended on Monday.
Though the official sources said that chances to adopt a partial PPP model is on the cards, the statement released by E Sreedha ran, principal advisor to DMRC, on Sunday, revealed that he had no intention of supporting the PPP model for the light metro projects. He also listed the flaws in pursuing a project like Light metro in the PPP mode.  Sreedharan claimed that the first hybrid version of PPP which was for Delhi airport line had resulted in much confusion.
‘’The condition was that the supply and installation of systems including operation and maintenance were entrusted to a private party on open tender basis. The cost of the civil structure and land  would be borne by the DMRC. However, the commissioning was delayed for six months. After operating the line for about one-and-a-half years, the private parties abandoned the project and walked out of the contract. Now they are fighting a case with DMRC. Hence, such a formula for Thiruvananthapuram and Kozhikode light metro projects will not yield results, where revenue prospects are bleak compared to Delhi airport line,” he said, in a release issued on Sunday.  He also alleged that the PPP partner usually bloats the estimate, inflate  ridership figures and avail hefty loans from banks and then they pocket their profit and walk out.
‘’The operation of the Delhi airport line could be continued without any break as DMRC was the owner. But it will not be the case with Kerala Rapid Transit Corporation Ltd which does not have the experience and resources to suddenly take over the operation and maintenance in case the private party quits the project,” he stated.
KPCC president V M Sudheeran has written a letter to the Chief Minister stressing the need for the State Government to run the project and also to retain E Sreedharan at the helm of the project.  However, the Finance Department had openly questioned the project report prepared by the DMRC. Its major demand was to bring in private participation to which Sreedharan was firmly against. The department also wanted Kerala Rapid Transit Corporation Ltd  to take immediate steps to invite tenders to select a ‘project consultant’ for the project through an open and transparent international bidding process. Besides, they wanted the government to consider medium metro instead of light metro.
Another allegation against DMRC was that it had taken a consultation fee of `9 crore and then they abandoned the project.
SOURCE - newindianexpress

Special trains to clear summer rush



The Southern Railway will operate special trains in the Coimbatore – Chennai Central – Coimbatore section via Salem, Erode and Tirupur to clear the summer rush.

Train No. 06032 Chennai Central – Coimbatore superfast special train will leave Chennai Central at 10.30 p.m. on May 22 and 29 will reach Coimbatore at 6.40 a.m. the next day.

The train will stop at Arakkonam, Katpadi, Jolarpettai, Salem, Erode, Tirupur and Coimbatore North.

Train No. 00604 Coimbatore – Chennai Central ‘Premium’ superfast special train will leave Coimbatore at 11.30 p.m. on May 24 and 31 and reach Chennai Central at 7.15 a.m. the next day. The train will stop at Tirupur, Erode, Salem, Jolarpettai and Arakkonam.

Advance reservation for these trains commenced on May 16, according to a press release of the Salem Railway Division issued here on Saturday.

SOURCE - THE HINDU

Salt Lake squatters spare Metro - Work to start midweek but...



The last of the families that had held up the East-West Metro in Salt Lake's Duttabad for four years have started moving out of the construction zone, paving the way for work to start midweek, officials confirmed on Sunday.

By evening, the majority of the 60 families had shifted their beds, utensils, clothes and furniture to the temporary shelters built for them nearby.

"We expect the relocation process to be over in a couple of days. We will start demolition by the middle of the week. The contractor is ready to start work," a senior railway official said.

The Kolkata Metro Rail Corporation estimates that it will take 18 months to two years to build the nine pillars required to support the viaduct along the 365-metre stretch.

Trains are likely to run on that section by June 2018, officials said.

Chief minister Mamata Banerjee had told senior party colleagues last week to ensure that the 60 families were relocated quickly so that work could begin. The settlers, mostly Trinamul supporters, had holding out for years with the backing of party leaders, including local MLA Sujit Bose.

Jhalmuri diplomacy by Babul Supriyo, the junior Union minister for urban development, helped end the stand-off that scores of meetings since end-2010 had failed to break.

Supriyo recalled a conversation about Duttabad with the chief minister when she had given him a lift from Nazrul Mancha to Raj Bhavan on May 9. The singer-politician said he urged "Didi to do something about the Duttabad problem" during the 45-minute drive, which included a stopover to munch on jhalmuri and phuchka.

On Sunday, officers of Bidhannagar North police station and representatives of the state urban development department were present throughout to ensure that the relocation process went off smoothly.

The new accommodation for the settlers is less than a kilometre from Duttabad. Cycle vans loaded with furniture such as wardrobes, sofas and beds made sorties from the site till the temporary shelters throughout Sunday.

One-room flats with common bathrooms and toilets have been built for the settlers in three rows. The single-storey structures are temporary ones. The settlers have been told that permanent flats for them would be ready by March 2016.

The multi-storey building where the residents will be relocated permanently is being built on a plot adjacent to the temporary structures.

Although nobody refused to relocate, some of the settlers were unhappy with the temporary accommodation, calling the flats too small for their families.

Gour Mondal, 45, was worried about how his five-member family would fit into a single room. "I had told the people who came for a survey that my family lived in two rooms in Duttabad. They promised to give us two rooms here too but we got only one," he said.

SOURCE - telegraphindia

India, China sign pact to enhance railway Read more at http://www.thestatesman.com/news/business/india-china-sign-pact-to-enhance-railway/63694.html#GrX8px8HDEcLzqkq.99

Union Railway Minister Suresh Prabhu on Saturday said that during Prime Minister Narendra Modi's visit to China an agreement to enhance cooperation in the railway sector was signed between the countries.

"Railways was one of the key sectors of Prime Minister's visit to China as it resulted in the two countries signing a major memorandum on expanding cooperation in the building of a high-speed rail corridor between Delhi and Chennai, development of two model railway stations, establishment of Railway University and training of Indian railway men by their counter parts in China," Prabhu said here.

He was in the city for an awards ceremony organised by the Federation of the Gujarat Industries (FGI).

The minister said the feasibility report on the Mumbai-Ahmedabad Bullet train project was awaited.

"The Japanese government is willing to fund the Mumbai-Ahmedabad bullet train project and that the Railway ministry is holding talks with Chief Ministers of both states to work out a feasible plan.

"We have been speaking to the CMs of both states to ensure better co-ordination in the implementation of this project. We are now awaiting the feasibility report, based on which we will take our plan to the next level. But this project has reached an advanced stage now," he said.

Indian Railways is planning to build satellite terminals near some of the busiest junctions, aiming at reducing pressure on such stations and the city traffic around it, he said.

"We are planning to develop some satellite terminals.

Most of the urban areas are saturated now. It is impossible to reach to the station in busy areas. We can have satellite terminals outside busy railway stations," Prabhu added.

SOURCE - thestatesman

Special train from Patna to Bangalore from May 21

PATNA: The Danapur division of East Central Railway (ECR) has decided to run a weekly Premium special train (22353-22354) between Patna Junction and Bangalore Cant every Thursday from May 21 to clear passengers rush during summer holidays. This train will have stoppages at Mughalsarai, Jabalpur, Itarsi, Nagpur, Vijayawada and Chennai Central.

According to Danapur PRO R K Singh, this train would run till June 28 from Bangalore end. The railway officials concerned have been asked to give priority to this train like Rajdhani Express and fare will be realized from passengers as per dynamic rate of airplane tickets. IRCTC is booking tickets on its online site for this premium special train, he said.

Singh said while this train would leave Patna Junction every Thursday at 11.30pm and reach Bangalore Cant on Saturday at 6.55pm, it would leave Bangalore every Sunday at 3.30pm and reach Patna Junction on Tuesday at 9.45am. He said the load combination of this train would be of 18 coaches including three of AC2, five of AC3 and 8 Sleeper.

Earlier, the ECR had introduced a premium special train between Patna Junction and Bangalore Cant from April 17 last year to cope with passengers' rush. It had introduced two other premium special trains running with LHB coaches on different routes to fulfil the needs of passengers, sources said.

According to ECR CPRO Arvind Rajak, railways is also running a weekly superfast premium special train (02053-02054) between Patna Junction and Mumbai from May 19 to June 24 to cope with passengers' rush on this route. While it will leave Mumbai every Tuesday (May 19, 26, June 2, 9, 16 and 23) at 12.55am at night, the train will leave Patna Junction every Wednesday (May 20, 27, June 3, 10, 17 and 24) at 12.50pm.

SOURCE - TOI

Commuters want Salem-Chennai Egmore train timings revised

Salem (SA): Regular travellers of Salem-Chennai Egmore overnight express train want the railway administration to revise the train timings.
They want the railway administration to advance the departure time and delay the arrival time of this train at Chennai Egmore. This is the only train which runs in the Salem — Chennai Egmore section via Attur and Vriddhachalam.
The train leaves Chennai Egmore at 11pm and arrives at Salem at 6.35am the next day. In the return direction, the train leaves Salem at 9pm and reaches Chennai Egmore at 4.40am.
This is the last but one train to leave from Chennai Egmore and one of the earliest trains to arrive at this station.
The Chennai Egmore — Salem Express departs from Tambaram at 11.25pm.; Chengalpattu at 11.55pm.; Melmaruvathur 12.25am.; Tindivanam 12.55am.; Villupuram 1.35am.
The Salem — Chennai Egmore Express arrives at Villupuram at 1am.; Tindivanam at 1.53am.; Melmaruvathur 2.23am.; Chengalpattu 3.08am.; Tambaram at 3.39am.
Only train
SA-MAS demandsAs this was the only train from Chennai Egmore to Salem (all other trains are being operated from Chennai Central via Arakkonam, Jolarpettai route), the commuters of the en route towns such as Tambaram, Chengalpattu, Melamaruvathur, Tindivanam use this train to reach Salem and vice versa.
But this train reaches these towns in the odd hours on both the directions causing much hardship to all, said S. Sivakumar, president of the Guides’ Association, Attur.
He demanded the railways to revise the timings of this train on both the directions.
Stoppage
He also demanded stoppage of the train at Mambalam station.
Meanwhile, the railways ruled out revising the timing of the train. The railway sources said the rakes of the Dadar — Chennai Egmore Express are being used to run the Chennai Egmore — Salem Express. The Dadar — Chennai Egmore Express arrives at Chennai Egmore at 7.45pm and the Chennai — Dadar Express departs at 6.50am.
SOURCE - RAIL NEWS
As such, there it would be possible either advancing or delaying the timings of the train at Chennai Egmore.
Moreover, heavy traffic congestion was witnessed in the Vriddhachalam — Egmore section throughout the night hours.

Official conducts enquiry on Virudhunagar accident

Commissioner of Railway Safety Satish Kumar Mittal (right) at the bedside of Mahalakshmi at a hospital in Madurai on Wednesday
Commissioner of Railway Safety Satish Kumar Mittal (right) at the bedside of Mahalakshmi at a hospital in Madurai on Wednesday
Virudunagar Jn. (VPT): Satish Kumar Mittal, Commissioner of Railway Safety (CRS), Southern Circle, on Wednesday conducted a day-long enquiry into the freak accident in which a woman lost her right hand after an indication board hit her while travelling on the Thiruvananthapuram-bound Ananthapuri Express on May 9.
Accompanied by senior railway officials, including Divisional Railway Manager (DRM) Sunil Kumar Garg, Mr.Mittal inspected the accident site between Kalligudi and Virudhunagar railway stations.
He also inspected the coach in which the victim, R. Mahalakshmi (20), was travelling from Chennai to Tirunelveli.
Over 30 railway officials and employees, Railway Protection Force and Tamil Nadu Railway Police personnel deposed before the CRS during the enquiry held at the DRM office.
However, only railway men deposed before him, the CRS said. Mr. Mittal said that only after a thorough enquiry, it would be known whether negligence on the part of the railway caused the mishap.
The investigation centred around how an indication board could fall on a moving train.
Mr. Mittal also enquired the health of Ms. Mahalakshmi at a private hospital here where the woman is looked after by her parents and brother.
Her mother, who was travelling with her, said that Ms. Mahalakshmi had not stretched her hand outside the window, but an “object” flew into the coach and hit her.
An official of the hospital said that the severed hand that fell outside the train could not be replanted again since the tissues had been damaged.
Besides, the hand was not properly packed as it was laid directly on ice.
The CRS instructed the DRM to ensure that the medical bills of the victim were borne by the railways.
The officials would also explore the possibility of providing employment to the victim, a graduate in computer applications.
Ex-gratia
The railways on Wednesday given an ex-gratia of Rs.25,000 to Ms. Mahalakshmi.
The Southern Railway Women’s Welfare Organisation, Madurai, on Tuesday had handed over Rs.20,000 towards medical expenses to the victim.
The money was handed over b its vice-president Vandana Babu and treasurer Geetha Sahoo.
SOURCE - RAIL NEWS

Hitachi wins order for Railway Signaling contract in Myanmar

Hitachi-inspire the next

Rangoon: Hitachi will supply a signal system to a Myanmar railway project in an order that ultimately could total 10 billion yen ($83 million).
Working with trading house Mitsubishi Corp., the Japanese infrastructure builder will install a signal system for part of a key railway connecting Yangon and Myanmar’s second-largest city, Mandalay.
The order covers 140km of the 600km route. In addition to a centralized train monitoring system, the order includes digital switch controls, with delivery planned by June 2017. This portion of the project is worth roughly 2.4 billion yen, and will be funded by a grant from the Japan International Cooperation Agency.
Japan is expected to provide funding for the rest of the route, stretching nearly 500km, and Hitachi is likely to win that order as well, with the total project expected to exceed 10 billion yen.
Myanmar has a rail network spanning 6,000km. With aging equipment causing repeated derailments and delays, the Myanmar government is eager to update the infrastructure. Hitachi also hopes to win an order for a loop railway within Yangon.
Hitachi developed the signal system especially for emerging markets. It offers the same reliability as those for developed countries but has limited functions for automatic schedule adjustments and other features. Hitachi cut the system price to less than half of those marketed to developed countries by handling software adjustments at its Indian base.
Though specialist Nippon Signal and other companies also bid for the project, Hitachi’s price advantage seems to have won out.
The company hopes to expand sales to other parts of Southeast Asia and Latin America. The global market for signal systems is seen expanding 3% annually, driven by Asia and other emerging markets. It is currently estimated at 12 billion euros ($13.7 billion) and is expected to reach 15 billion euros in 2019.
Hitachi’s rolling stock business faces tough price competition from the merger of two Chinese state-owned giants. But signal systems continue to offer high margins.
For further expansion, Hitachi this year will acquire Ansaldo STS of Italy, the world’s No. 2 supplier of signal systems and a unit of defense and aviation giant Finmeccanica.
source - rail news

Railway Minister seeks support of Political Parties to pass GST Bill in Parliament

Vadodara (BRC): Railway Minister Suresh Prabhu has sought support of all political parties to make India the single largest market in the world by implementing the Goods and Service Tax (GST) in the country.
Prabhu pitched for support from all political parties at a function held at Kabir Farm on the outskirts of the city last night.
He said that Congress floor managers in the Rajya Sabha have made it clear to the government that it would not be possible for them to back the GST bill without referring it to a Select Committee.
“Co-operation of opposition parties in passing the GST bill will help in creating a single largest Indian market of 1.25 billion customers rivalling other markets of the world.
Therefore, India should implement the GST bill,” he said.
He said Indian industry must prepare itself to take advantage from global mega-trade agreements.
The Railway Minister cited the example of China which joined the World Trade Organisation (WTO) and benefitted from it.
“China is the single largest country which has benefited the most from the WTO. It has become the largest exporter in the world and as a consequence, the biggest producer,” he said.
Source - rail news

Suresh Prabhu’s rail has started loosing steam

raftaar ki patri

CBI busted fake Railway Recruitment Board

rail fraud board

 

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