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Dec 27, 2016
No clarity on repayment of the loan
The Amaravati Metro Rail Corporation (AMRC) will avail a loan of Rs.1,859 crore to pool the State government’s share in the Vijayawada Metro rail project.
The State government equity is Rs.1,163 crore in two corridors of Metro rail estimated to cost Rs.7,212 crore. The government will have to bear additional burden towards land cost, R&R cost, and the State government taxes taking the total equity to Rs.2,159 crore. Of this, the government had already released Rs. 300 crore.
Public sector banks have been told to formulate business plans to fund rail infrastructure projects and put an end to the complaint of neglect towards Kerala by the Railways, Union Minister for Railways Suresh Prabhakar Prabhu said on Monday.
Mr. Prabhu was speaking after jointly dedicating the Women’s Facilitation Centre in Thiruvananthapuram Central and a host of passenger amenities in Kollam, Kannur and Ernakulam Town railway stations along with Chief Minister Pinarayi Vijayan.
The document will be submitted to the State and Central governments
A detailed project report (DPR) for Phase II of the Chennai Metrol Rail has been submitted to the State government.
According to officials of Chennai Metro Rail Limited (CMRL), RITES, the firm which prepared the DPR, recently submitted the document to them. “Subsequently, we have forwarded the DPR to the State government for approval. Soon after we get a nod from the State, it will be forwarded to the Centre after which the project can begin,” an official said.
NEW DELHI: Enhancing the financial aid in train accident, the government has amended the rules under the Railways Act of 1989 to double up the amount in case of death or physical disability like loss of limbs.
Under the Railway Accidents and Untoward Incidents (Compensation) Amendment Rules, 2016, the compensation amount of Rs four lakh has been increased to Rs 8 lakh in case of death or loss of hand and foot caused in train accident, an official notification said.
MOSCOW: Police in Moscowhave evacuated almost 3,000 people from three different railway stations after receiving an anonymous bomb threat, Russian news agencies reported on Monday.
The TASS news agency said police planned to use sniffer dogs to check the Kazansky, Leningradsky and Yaroslavskyrailway stations. All three stations are located on the same Moscow square.
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Source - Times Of India
Suresh Prabhakar Prabhu also said the Rajadhani Express to New Delhi now running thrice a week would be made five days a week.
Union Railway Minister Suresh Prabhu. (File Photo)
Railways Minister Suresh Prabhakar Prabhu on Monday assured the Kerala government that efforts would be made to install bio toilets in trains running in the state as it has been declared open defecation free. Prabhu made the assurance during a meeting held here to discuss various railway development projects of the state with Chief Minister Pinarayi Vijayan, an official release said.
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