Experts highlight strategies for development and modernisation of Indian railways
RAILWAYS & METRO RAIL

Experts highlight strategies for development and modernisation of Indian railways

Government officials, industry leaders and experts congregated for the Rail India Conference & Expo 2022 to exchange insights on the strategic developments, technological advancements, challenges and solutions towards the ongoing multi-faceted modernisation of the Indian Railways. The forum lar...

Government officials, industry leaders and experts congregated for the Rail India Conference & Expo 2022 to exchange insights on the strategic developments, technological advancements, challenges and solutions towards the ongoing multi-faceted modernisation of the Indian Railways. The forum largely focussed on key topics including, policies, technological and infrastructure development initiatives including locomotive technology, station development and modernisation, dedicated freight corridors, and PPP or BOOT investment model. One of the highlighted projects of the Indian Railways is the technology-driven modernisation of infrastructure and rolling stock. Speaking about the latest railway projects and investment plans of the Indian government, Anil Kumar Khandelwal, Principal Executive Director (Gati Shakti), Railway Board, Ministry of Railways, shared: “Indian Railways is on the path of infrastructure development. We are going ahead in demand to meet the needs of the emerging economy and the logistic requirements of the Indian market. We have privatised our projects and devised ’Mission 3000’ wherein we shall be planning to complete about 40,000 km of new tracks, and 12,000 km of signalling and telecommunication infrastructure. We also aim to complete all electrification by next year. We are also planning to launch 400 new rolling stock and modern train sets for a better passenger experience and procure about 2,000 heavy-duty modern locomotives for heavy haul trades. Plans for the development of 200 railway stations are also in place.” Sudhendu J Sinha, Adviser, Infrastructure Connectivity – Transport and Electric Mobility, NITI Aayog, who was part of the panel, discussed NITI Aayog's policy support for Indian Railways: “It is evident that if we want to take infrastructure on a huge scale, we cannot depend on the government funds alone. We also need to attract private finances. The PPP schemes and the asset monetisation pipeline which NITI Aayog is driving are some of the stellar initiatives implemented for this cause. In addition, for all the projects that reach out to us, we always try to go in for a PPP model. We should try to create a virtuous cycle of private finance and the government and public funds so that we are taking it forward together.” The conference proved to be a highly-encouraging platform for railway technology builders and solution providers to pitch their ideas forward.

Next Story
Technology

BBMP Pledges Faster E-Khata Processing Amid Citizen Complaints

Facing mounting complaints over delays in e-khata issuance, the Bruhat Bengaluru Mahanagara Palike (BBMP) has promised to resolve the issue within 10 days. BBMP Chief Commissioner Tushar Giri Nath assured citizens that efforts are underway to expedite processing rates from the current 2,000 to a target of 10,000–15,000 applications daily. "We have cleared 90% of the 90,000 pending applications, leaving only 4,500 to process. To meet the demand, over 800 additional staff and assistant revenue officers (AROs) have been deployed to manage applications in each ward," Nath stated. Persistent Dela..

Next Story
Real Estate

Delhi HC Orders DDA to Assist CBI in Housing Lapses Probe

The Delhi High Court has instructed the Delhi Development Authority (DDA) to fully cooperate with the Central Bureau of Investigation (CBI) in its probe into alleged lapses in the construction of 336 high-rise HIG/MIG houses at Signature View Apartments, north Delhi. Justice Chandra Dhari Singh emphasized that DDA must furnish information about any internal inquiry and the officials involved to facilitate the investigation. The court noted CBI’s submission that DDA had not responded to multiple reminders since July, delaying the probe. The CBI is investigating allegations of "cheating, crimi..

Next Story
Infrastructure Urban

Mahindra Lifespace to Appeal Tamil Nadu GST Tax Demand

Mahindra Lifespace Developers Ltd has announced a tax demand of Rs 20.9 million imposed by the Tamil Nadu GST department, including interest and penalties. The order, issued by the Assistant Commissioner of State Tax, Chengalpattu, cites an alleged shortfall in GST payments under Section 74 of the GST Act, 2017. The realty firm refuted the allegations, stating, “Based on the company's assessment, there is no noncompliance, and a general penalty has been imposed.” The company plans to appeal the order, expressing confidence in a favorable resolution. Mahindra Lifespace assured stakeholders ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000