dedicated freight

UP to develop hi-tech industrial township in Bulandshahr


September 7th, 2012 - 10:56 pm ICT by IANS
Lucknow, Sep 7 (IANS) The Uttar Pradesh State Industrial Development Corporation (UPSIDC) will develop an integrated industrial township at Chola in Bulandshahr district, around 70 km from the national capital, ... Read more...

Posted in Business |

Akhilesh Yadav to speed up Delhi-Mumbai industrial corridor


August 11th, 2012 - 9:01 pm ICT by IANS
Lucknow, August 11 (IANS) Uttar Pradesh Chief Minister Akhilesh Yadav Saturday said that his government would extend all possible help to the ambitious Delhi-Mumbai Industrial Corridor (DMIC) since it was ... Read more...

Posted in Politics |

Uttar Pradesh initiates work on freight corridor


June 2nd, 2012 - 12:22 am ICT by IANS
Lucknow, June 1 (IANS) Aiming to accelerate implementation of the ambitious eastern dedicated freight corridor (DFC) project, the Uttar Pradesh government Friday directed officials to ensure time-bound clearances and resolution ... Read more...

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Partner Japan to have 26 percent stake in DMIC


April 30th, 2012 - 9:30 pm ICT by IANS
New Delhi, April 30 (IANS) India and Japan Monday held their first-ever economic dialogue and agreed to accelerate the partnership in several infrastructure projects such as the ambitious Delhi-Mumbai Industrial ... Read more...

Posted in World |

Railway budget highlights 9


March 14th, 2012 - 3:25 pm ICT by IANS
* No steep increase in passenger fares; 2 paisa per km for suburban trains; 3 paisa per km for mail and express trains.* Independent tariff authority suggested; needs serious debate; experts ... Read more...

Posted in Business |

Railway budget highlights 8


March 14th, 2012 - 3:17 pm ICT by IANS
* Targeting freight carriage of 1,025 million tonnes to bring in Rs.89,339 crore; passenger earnings estimated at Rs.36,073 crore; gross reciepts estimated at Rs.1.32 lakh crore.* Excess of Rs.1,492 crore after ... Read more...

Posted in Business |

Railway budget highlights 7


March 14th, 2012 - 2:54 pm ICT by IANS
* Improvement of passenger amenities at a cost of Rs.1,112 crore; regional cuisines to be introduced.* World Bank funding of R.6,500 crore firmed up for dedicated freight corridors; land acquired for ... Read more...

Posted in Business |

Railway want PPP mode for high speed trains


November 4th, 2011 - 6:33 pm ICT by IANS
New Delhi, Nov 4 (IANS) Stating that a high speed rail corridor can become a catalyst for India's economic growth, Minister of State for Railways K.H. Muniyappa Friday stressed ... Read more...

Posted in Business |

World Bank offers India $975 mn loan for freight corridor


October 27th, 2011 - 8:30 pm ICT by IANS
New Delhi, Oct 27 (IANS) The World Bank has offered India a $975 million loan for developing a freight corridor that will help improve the movement of raw materials and ... Read more...

Posted in Business |

Prime minister concerned over unmanned railway crossings


June 1st, 2011 - 11:39 pm ICT by IANS
New Delhi, June 1 (IANS) Prime Minister Manmohan Singh Wednesday expressed concern over accidents at unmanned level crossings and asked the railway ministry to ensure that signages and road ... Read more...

Posted in Uncategorized |

West Bengal’s industry welcomes railway budget


February 25th, 2011 - 10:22 pm ICT by IANS
Kolkata, Feb 25 (IANS) Hailing the budget presented by Railway Minister Mamata Banerjee Friday for not increasing freight and passenger fares, West Bengal's industrialists said it was ideal for helping in ... Read more...

Posted in Business |

Funds remain main worry for expanding India’s rail network


February 25th, 2011 - 7:30 pm ICT by IANS
New Delhi, Feb 25 (IANS) Despite a record investment of Rs.57,630 crore ($12.7 billion), proposed by Railway Minister Mamata Banerjee in her latest rail budget, funding projects for the world's second ... Read more...

Posted in Business |

Railway budget highlights - 6


February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) More highlights from Railway Minister Mamata Banerjee's budget presented in the Lok Sabha Friday.* Earnings for 2010-11 set to exceed Rs.1 lakh crore.* Integrated suburban network ... Read more...

Posted in Business |

Railway budget highlights - 5


February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) More highlights from Railway Minister Mamata Banerjee's budget presented in the Lok Sabha Friday.* Working expenditure during 2011-12 estimated at Rs.87,000 crore* Passing through a ... Read more...

Posted in Business |

Industry hoping for implementation of rail projects


February 24th, 2011 - 9:50 pm ICT by IANS
Kolkata, Feb 24 (IANS) On the eve of the railway budget, the industry was Thursday hoping the budget will see fast implementation of projects, reduction in freight of essential commodities and ... Read more...

Posted in Business |

Government seeks private funding for infrastructure development in 12th Plan


February 21st, 2011 - 3:15 pm ICT by ANI
New Delhi, Feb 21 (ANI): President Pratibha Devisingh Patil on Monday said the private sector will have to join the government in the mammoth funding of US dollar one trillion (over Rs ... Read more...

Posted in National |

Manmohan leaves Japan, heads to Malaysia


October 26th, 2010 - 11:25 am ICT by IANS
By Minu Jain Tokyo, Oct 26 (IANS) Indian Prime Minister Manmohan Singh Tuesday left for Malaysia on the second leg of his three-nation Asia tour after a three-day visit to Japan that ... Read more...

Posted in World |

India, Japan appreciate their economic cooperation influencing partnership


October 25th, 2010 - 10:33 pm ICT by ANI
Tokyo, Oct.25 (ANI): Prime Minister Dr. Manmohan Singh and Japanese Prime Minister Naoto Kan on Monday underlined the vital importance of economic cooperation, and Japan's Official Development Assistance to India and ... Read more...

Posted in World |

Manmohan Singh lands in Tokyo for annual summit


October 24th, 2010 - 6:23 pm ICT by IANS
Tokyo, Oct 24 (IANS) Prime Minister Manmohan Singh Sunday arrived in the Japanese capital on a three-day visit during which he will hold extensive bilateral talks with his counterpart Naoto Kan.In ... Read more...

Posted in World |

India, Japan to sew up economic accord, n-supply pact not ready


October 22nd, 2010 - 7:39 pm ICT by IANS
New Delhi, Oct 22 (IANS) India and Japan will announce the conclusion of a landmark Comprehensive Economic Cooperation Agreement during Prime Minister Manmohan Singh's visit to Tokyo Monday, but a nuclear ... Read more...

Posted in Uncategorized |

North Eastern Council meet okays Rs.700 cr outlay


September 29th, 2010 - 10:46 pm ICT by IANS
New Delhi, Sep 29 (IANS) The 59th North Eastern Council (NEC) plenary meeting here Wednesday has approved an annual plan of Rs.700 crore for 2010-11 and decided to use the services of ... Read more...

Posted in Business |

New greenfield airport in Rajasthan


September 14th, 2010 - 12:14 am ICT by IANS
Jaipur, Sep 13 (IANS) Rajasthan will get a new greenfield airport at Neemrana in Alwar district, state Industries Minister Rajendra Pareek said here Monday. "The decision was taken on the occasion of the ... Read more...

Posted in Business |

Mamata gives orders to two sick wagons units


June 29th, 2010 - 11:15 pm ICT by IANS
Kolkata, June 29 (IANS) Railway Minister Mamata Banerjee Tuesday handed over orders for 1,250 wagons to two sick units that are now under the control of the Steel Authority of India ... Read more...

Posted in Business |

Japan extends Rs.10,566 crore loan for 6 projects


March 31st, 2010 - 8:41 pm ICT by IANS
New Delhi, March 31 (IANS) The Japan International Cooperation Agency (JICA) Wednesday signed an agreement with the Indian government, providing loans worth Rs.10,566 crore for six infrastructure projects, including a sanction of ... Read more...

Posted in Business |

Railway budget has belied our expectation: Naveen Patnaik


February 24th, 2010 - 9:05 pm ICT by IANS
Bhubaneswar, Feb 24 (IANS) Orissa Chief Minister Naveen Patnaik Wednesday expressed his dissatisfaction with the railway budget presented by Railway Minister Mamata Banerjee. "The railway budget has totally belied our expectations," ... Read more...

Posted in Politics |

National High Speed Rail Authority to be set up


February 24th, 2010 - 8:49 pm ICT by ANI
New Delhi, Feb.24 (ANI): Minister for Railways Mamata Banerjee on Wednesday said that the Railways are planning to go in for Dedicated Passenger Corridor (DPC) on the lines of Dedicated Freight ... Read more...

Posted in National |

Tamil Nadu gets a fair share from Mamata


February 24th, 2010 - 7:09 pm ICT by IANS
Chennai, Feb 24 (IANS) Introduction of new train services, setting up of a sports academy, speeding up of gauge conversion projects and expansion of Integral Coach Factory (ICF) located here are ... Read more...

Posted in Business |

Railway budget 2010 highlights


February 24th, 2010 - 3:31 pm ICT by IANS
New Delhi, Feb 24 (IANS) Highlights of the 2010-11 railway budget presented by Mamata Banerjee in parliament Wednesday: -- No increase in passenger fares -- Rs.100 reduction in freight per wagon for ... Read more...

Posted in Business |

India, Japan agree to take strategic partnership forward


December 29th, 2009 - 3:11 pm ICT by ANI
New Delhi, Dec 29 (ANI): India and Japan have signed a joint statement on moving to a new stage of their strategic and global partnership here today.The joint statement to this ... Read more...

Posted in National |

No unmanned railway crossings in five years: Mamata


December 17th, 2009 - 8:18 pm ICT by IANS
New Delhi, Dec 17 (IANS) There will be no unmanned railway crossing in the country in five years, the Rajya Sabha was informed Thursday. "There are 16,000 unmanned railway crossings in the country. ... Read more...

Posted in Business |

Railways have multiple options for land acquisition: Banerjee


December 15th, 2009 - 9:41 pm ICT by IANS
New Delhi, Dec 15 (IANS) Railway Minister Mamata Banerjee Tuesday told the Lok Sabha, the lower house of parliament, that there were multiple options for land acquisition that would be kept ... Read more...

Posted in Business |

Mamata lays foundation stone for auto transit hub in Bengal


November 28th, 2009 - 9:56 pm ICT by IANS
Kolkata, Nov 28 (IANS) Railway Minister Mamata Banerjee Saturday laid the foundation stone for an automobile transit hub in West Bengal's Howrah district and announced that nine other such complexes will ... Read more...

Posted in Business |

Japan commits Rs.130 crore for freight corridor


October 27th, 2009 - 2:35 pm ICT by IANS
New Delhi, Oct 27 (IANS) Japan Tuesday committed 2,606 million yen (Rs.130 crore) as an engineering services loan for the first phase of India's dedicated freight corridor project. The project is expected to ... Read more...

Posted in Business |

Japan commits 2,606 million yen for Dedicated Freight Corridor Project


October 27th, 2009 - 2:16 pm ICT by ANI
New Delhi, Oct 27 (ANI): The Government of Japan has committed an amount of 2,606 million yen for the Engineering Services Loan under Dedicated Freight Corridor Project (Phase-I).The objective of the ... Read more...

Posted in National |

India, Japan agree to work together on climate change issue


October 24th, 2009 - 8:06 pm ICT by ANI
Hua Hin (Thailand), Oct. 24 (ANI): Prime Minister Manmohan Singh and his Japanese counterpart Yukio Hatoyama have agreed to work together in a positive and constructive way on the climate change ... Read more...

Posted in National |

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