Huge opportunities for businesses in railways: Piyush Goyal
4 years, 6 months ago

Huge opportunities for businesses in railways: Piyush Goyal

India TV News  

Railways Minister Piyush Goyal on Monday said huge opportunities are there for businesses in the sector as the ministry is willing to lease out traffic routes and parcel trains to them. The minister also said that on Sunday, railways were able to move about 95 per cent of the freight that it did on June 21 last year. "We are also using this time to re-write the timetable of railways more intelligently, bringing freight and parcel trains into the time table so that we can assure businesses committed delivery over long distances in a short period of time," he added. "From May 31 to June 21, it has come down to double digits and yesterday, only three trains.So, the demand is over.We have sorted out all those who wanted to go back home.We have moved about 7.5 million migrants by trains so far," the minister said.

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History of this topic

Salary, social obligations take away big funds of Railways: Piyush Goyal
5 years, 1 month ago

Salary, social obligations take away big funds of Railways: Piyush Goyal

India Today  

Union Railway Minister Piyush Goyal on Wednesday responded on Comptroller and Auditor General of India report which stated operational losses of Indian Railways increasing manifold. Railways have been spending an additional Rs 22,000 crore on salaries and pensions of its employees following implementation of the 7th Pay Commission recommendations, which has hit its financial health, Railway Minister Piyush Goyal said …

Proposal to outsource commercial, onboard services; but no large-scale privatisation plans: Railway Ministry
5 years, 1 month ago

Proposal to outsource commercial, onboard services; but no large-scale privatisation plans: Railway Ministry

India TV News  

There is a proposal to outsource commercial and onboard services of a few trains, but no large-scale privatisation plans are underway, the Railway Ministry informed Parliament on Friday. Railway subsidiary IRCTC, its tourism and catering arm, has already started running railways' first "private" train, Tejas Express from Lucknow to Delhi. There is a proposal to outsource the commercial and onboard …

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