Rail min meets PM, seeks funds for reforms

Minister Dinesh Trivedi has said that the restructuring of the railways will need rs 14 lakh crore

PTI | February 3, 2012



Ahead of rail budget, railway minister Dinesh Trivedi met prime minister Manmohan Singh on Friday seeking adequate financial support for the modernisation of the national transporter.

Trivedi had prepared a blueprint for railways modernisation plan envisaging Rs 14 lakh crore investment in the next 10 years which include automation of signalling system, strengthening of the track and installation of safety device to prevent accident.

"He explained to the PM about the dire need of modernisation of railways and submitted the blueprint to him," said sources in railways.

Currently, railways is facing financial crunch and many of its projects are being held up due to the crisis.

Trivedi emphasised on the need for a separate safety plan and sought a liberal grant from the general exchequer outside the rail budget, they said.

The safety plan involves speedy installation train protection warning system, upgradation of signal and telecommunication system and mechanised maintainance of tracks.

Besides, the ambitious safety plan also envisages induction of crash-worthy LHB coaches and locomotives as a long-term measure and elimination of unmanned level crossings to do away with mishaps on the tracks.

The last few years have seen minimal investment in the safety infrastructure due to poor financial health of the railways.

As per the safety plan, all electric locomotives are to be equipped with vigilance control device (VCD) to prevent accidents in case the driver is incapacitated during the run.

So far, only 749 locomotives out of 4,147 electric ones have been equipped with VCDs.

There is growing concern about the maintenance of railways' vast network of tracks and the slow pace of installation of anti-collision devices and train protection warning systems.

The railway minister had said on Thursday that "the present railway system has outlived its utility. We are in some kind of Victorian age as far as the railways are concerned. Signalling is archaic. We have to embark upon a new generation."

He had said there is a requirement of Rs 14 lakh crore for the next 10 years.
 

Comments

 

Other News

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Nepal Floods: India keeps close watch on the situation

India`s central government has been keeping a close watch on the situation arising out of the flash flood in Nepal on Wednesday. Union home minister Amit Shah spoke with the chief ministers of Bihar and Uttar Pradesh, the two states that share the border with Nepal, regarding the disaster

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter