• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Asia Pacific

Railway projects worth Rs 10,700 crore get Cabinet green signal

26th March 2016
in Asia Pacific, Projects, Railway
0
SHARES
26
VIEWS
Share on FacebookShare on Twitter

The Cabinet cleared the construction of six railway lines and a bridge to meet passenger and freight needs in various areas of the country. The proposals will cost over Rs 10,700 crore and most part of the expenditure will be met through extra budgetary resources.

The national transporter is also firming up plans to add four more dedicated freight corridors to increase its share in the freight pie and divert loadings from roads to rail.

Currently, railways has undertaken Rs 81,459 crore projects to develop 3,342 km track comprising Eastern and Western DFC and and as per the plan, four more corridors will be constructed to ensure faster movement of goods.

Among the proposals cleared on Wednesday include doubling of a 190-km-long Hubli-Chickajur broad gauge single railway line. The total estimated expenditure will be Rs 1294.13 crore. The project is part of an important rail link of passenger trains between Mumbai and Bangalore and goods trains to the ports at Mangalore.

 

The Railways is also firming up plans to to slash operational cost and working expenses considerably to meet its financial requirement.

 

Expecting very little help from the exchequer to meet the additional expenditure due to implementation of Seventh Pay Commission recommendations, railways is in the process of undertaking a series of measures to raise the resources on its own as told by the Finance Ministry.

Railway Minister Suresh Prabhu, gearing up to present his second Rail Budget on February 25, will unveil a plan to cut expenses and at the same time increase non-tariff revenue substantially to wade through the to wade through the difficult phase in the public behemoth. The aim is to reduce working expense by about 15 per cent. “The total working expenses was Rs 1.62 lakh crore last year,” sources added.

Rationalisation of staff strength and optimisation of workforce beside trimming of allowances are some of the steps to be undertaken to reduce working expenses.

 

The budget will also have multiple initiatives for improving passengers facilities, a key area in rail function, to make it more people-friendly, according to sources.

Previous Post

Virgin Trains launch Earlybird Boarding text messaging service at London Euston

Next Post

Springfield Rail Improvements Project, United States of America

Related Posts

Skoda Transportation buys tram and bus maintenance business
News

Manchester Metrolink contracts DB ESG for tram safety improvement

31st May 2023
Alstom-Bombardier consortium awarded contract to renew the metros of the Ile-de-France region
News

Alstom to develop first automated metro system in Romania

31st May 2023
ACCIONA grows in Philippines with construction of South Commuter Railway Project
News

Govia Thameslink moves forward with digital signalling testing

31st May 2023
News

LNER, Agility Trains and Hitachi Rail sign relationship charter

25th May 2023
News

Arriva Group grows its rail business in Czech Republic with contract win

25th May 2023
Alstom and EDC enter €2.3bn sustainability agreement
News

Alstom and EDC enter €2.3bn sustainability agreement

25th May 2023
Next Post

Springfield Rail Improvements Project, United States of America

Latest Post

Airways

Middle Eastern Airlines Witness A Significant Drop In Demand

3rd June 2023
Canadian logistics technology company Machool fosters its presence by entering into partnerships with Spring GDS and Air Canada Cargo
Airways

Canadian logistics technology company Machool fosters its presence by entering into partnerships with Spring GDS and Air Canada Cargo

2nd June 2023
WFS to boost logistics infrastructure at BLR as perishables trade grows
Airways

WFS to boost logistics infrastructure at BLR as perishables trade grows

2nd June 2023
Scan Global Logistics launches SAF pilot project with Majid Al Futtaim Lifestyle
Airways

Scan Global Logistics launches SAF pilot project with Majid Al Futtaim Lifestyle

25th May 2023
Airways

DHL Global Forwarding Opens $1.5m Pharmaceutical Facility

18th May 2023
Qatar Airways Cargo Transpacific Freighter Route
Airways

Qatar Airways Cargo relaunches Next Generation Pharma

29th April 2023
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.