Nearly 740 km of metro lines are at present operational in various cities in India and the network span is steadily scheduled to rise to about 900 km by 2022, Union Housing and Urban Affairs Minister Hardeep Singh Puri said on Saturday. He was speaking after inaugurating the nearly 1-km Najafgarh-Dhansa Bus Stand corridor, an […]
Category: Railways
Railways to train 50,000 youths under the Rail Kaushal Vikas Yojana
The government will impart skills training to 50000 youth in trades related to Indian Railways under the Rail Kaushal Vikas Yojana, unveiled by the railway minister Ashwini Vaishnaw on Friday. The aim of this initiative is to impart training skills to the youth in various trades to bring qualitative improvement. The scheme, which is under […]
R-Infra to get Rs 7,100 crore from DMRC post SC ruling; defence manufacturing new engine of growth: Anil Ambani
Reliance Infrastructure will receive Rs 7,100 crore from the Delhi Metro Rail Corporation (DMRC) after a recent Supreme Court judgement, the company’s chairman Anil Ambani told shareholders on Tuesday. The payment from DMRC will be utilised for debt repayment and the company, which has a standalone debt of Rs 3,808 crore, will become debt free, […]
Railways tweaks model contract document for private players to redevelop stations
The railways have made a slew of changes in its model contract document for private players to redevelop railway stations, bringing down the concession period from the earlier 60 years to 35-40 years. In general, concession period is the span of time granted by the government to the private sector within which the private sector […]