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Railway plants will boost jobs in Bihar: FM Arun Jaitley

Marking the first big FDI in the railway sector, the Indian Railways signed Rs 40,000-crore contracts with GE and Alstom to set up two locomotive plants in Bihar with a view to boosting manufacturing and employment in the state. Terming it as the “first major” manufacturing investment in Bihar, finance minister ...

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Japan to provide Rs 5,536 crore loan for metro projects in India

India and Japan today exchanged notes for Japan’s Official Development Loan Assistance (ODA) worth Rs 5,536 crore for Chennai and Ahmedabad metro rail projects, said officials from Finance Ministry. The estimated base cost of the Chennai Metro Rail project is about Rs 14,600 crore and Ahmedabad Metro Rail project is ...

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Railway awards worth Rs. 40,000 Cr contracts to GE and Alstom

Indian Railways has awarded contracts to General Electric Co. (GE) and Alstom to set up diesel and electric locomotive factories in Bihar at a cost of about Rs.40,000 crore. The award of the contracts, will mark the first big foreign direct investment in the railway sector. The projects, which will be ...

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Indian railways to launch special safety app for women passengers

To curb crimes against women travellers, railways said an all-India mobile application service will be launched through which immediate help from the Railway Protection Force (RPF) could be availed. Since railways is the soft target from unscrupulous elements and divisive forces, there will be a strategic cell for RPF to ...

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Waitlisted tickets will be confirmed under Vikalp scheme

Waitlisted train tickets will be confirmed under the Indian Railway’s new scheme if passengers choose the option of next alternative train while booking online. The alternative train ticket booking scheme will start as pilot project for the trains running between Delhi-Lucknow and Delhi-Jammu routes from Nov 1. In the beginning, ...

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Indian Railways to launch ‘Vikalp’ scheme

Railway is launching a new scheme on Sunday under which waitlisted passengers can get confirmed accommodation in next alternative train if they opt for the option while booking their tickets online. Vikalp, the alternative train accommodation scheme will take off in trains running on Delhi-Lucknow and Delhi-Jammu sectors from November ...

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Japan offers $15 billion for bullet train project in India

Japan has offered financial support besides technology for India’s ambitious rail project, estimated to cost about Rs 90,000 crore at an interest rate of less than one per cent. This 505 km project will link Mumbai with Ahmedabad. Japan’s decision to give virtually free finance for Modi’s pet programme is ...

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Defence personnel can collect i-ticket across India

Defence personnel can now collect i-tickets from any counter of computerised passenger reservation system (PRS) unlike before when i-tickets could only be collected at the journey originating station. The i-ticket now can be collected from any PRS counter by the defence personnel on showing one of the ten prescribed proofs ...

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