Forum Super Search
 ♦ 
×
HashTag:
Member:
Posting Date From:
Posting Date To:
Train Type:
Train:
Station:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Search
  Go  
Full Site Search
  Search  
 
Wed Aug 23, 2017 19:45:52 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Wed Aug 23, 2017 19:45:52 IST

Blog Entry# 1963565  
Posted: Aug 15 2016 (17:23)

1 Responses
Last Response: Aug 15 2016 (17:23)
  
Rail News
0 Followers
626 views
Other News
Aug 15 2016 (17:17)   Railways to float Cabinet note for development fund | Business Standard News
 

For Better Managed Indian Railways~   948 news posts
Entry# 1963565   News Entry# 277293         Tags   Past Edits
The railways ministry is set to float a Cabinet note soon for creating the Railways of India Development Fund, anchored by the World Bank, which would be used for modernisation of rail infrastructure in the country.
The proposal has already got a go-ahead from the finance ministry. “We would soon float a Cabinet note for setting up the fund, which would be up for inter-ministerial consultation,” said an official close to the development. According to media reports, the initial corpus of the fund would be around $5 billion and it is likely to be operational by the first half of 2017.
Indian
...
more...
Railways is planning to invest $142 billion in the next five years, as part of the plan by the Narendra Modi-led government to improve the efficiency of the national carrier. The fund would also be used to access various new technologies in the sector. “Our idea is to get part of this plan funded by multilateral bodies, and the World Bank that has global experience and access to technology is a good partner,” Prabhu said about the fund after a meeting with bank officials in January. The fund would provide financing for infrastructure projects of the railways and also invest in debt and equity in projects with private-sector partnership.
The World Bank is already debt funding part of the eastern arm of the ambitious Dedicated Freight Corridor (DFC) project, which was cleared in three tranches. The eastern DFC is to be 1,840-km long, from Ludhiana to Kolkata. The World Bank is supporting it as a series of projects in which three sections with a total route length of 1,146 km will be implemented. The World Bank board had in 2011 approved the first tranche of $975 million loan for the 343-km Khurja-Kanpur section already under implementation. In April 2014, the bank approved the second tranche of the loan of $1.1 billion for the section covering 402 km from Kanpur to Mughal Sarai. The third tranche of $650 million was cleared in July 2015.
The eastern and western arms of the DFC project are expected to help India increase the railways’ transportation capacity by building high-capacity and high-speed dedicated freight corridors along the Golden Quadrilateral. Currently, the rail routes connecting the quadrilateral between Delhi, Mumbai, Chennai and Kolkata account for 16 per cent of the railway network’s length but carry 60 per cent of India’s total rail freight.
FOR MODERN TIMES
The proposal has got a go-ahead signal from the finance ministry
Initial corpus of the fund would be around $5 billion
Likely to be operational by the first half of 2017
Indian Railways is planning to invest $142 billion in the next 5 years
The World Bank is already debt funding part of the eastern arm of DFC project
The eastern DFC is to be 1,840-km long, from Ludhiana to Kolkata
The World Bank board had in 2011 approved the first tranche of $975 million loan
In April 2014, the bank approved the second tranche of the loan of $1.1 billion
The third tranche of $650 million was cleared in July 2015

  
2136 views
Aug 15 2016 (17:23)
Guest: 2a4ffb3e   show all posts
Re# 1963565-1            Tags   Past Edits
142 Billion $$$$!!! These figures sometimes seems unrealistic to me. A whole new Railway System can be built with that that much money.

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Sat Sep 2
Trains with ARP 15 Dep on: Thu Sep 7
Trains with ARP 30 Dep on: Fri Sep 22
Trains with ARP 120 Dep on: Thu Dec 21

  
  

Rail News

New Trains

Site Announcements

  • Entry# 2175399
    Feb 23 2017 (01:22PM)


    There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc. . To address this issue, effective tomorrow, ALL...
  • Entry# 2165159
    Feb 15 2017 (09:53AM)


    A minor update, but may impact many members: Hereafter, FMs will be able to delete invalid Red Flags on Imaginary trains. Red Flags can be removed by FMs, only against specific complaints filed against the blog. This does not give all members the right to complain against EVERY single red flag they...
  • Entry# 2155798
    Feb 08 2017 (11:40AM)


    -@all members: As of recently, there has been a trend whereby minor name updates of Trains/Stations - whether such and such regional name should be there or not, whether the train should be called "Abc Express" or "Abc Superfast Express", etc. are threatening to take over the majority of Timeline entries. Also,...
  • Entry# 2147631
    Feb 01 2017 (11:05AM)


    A new experimental feature is being introduced called BotD - "Blog of the Day". The rules are: . 1. Replies are not eligible - only the Top Blog. 2. ONLY Blogs posted today (the day of the vote) are eligible. 3. Every member has ONE vote. In the course of the day, you may keep...
  • Entry# 2136570
    Jan 23 2017 (12:25AM)


    Several new features have been introduced recently to the Forum, and we are forever striving to make Member experience here more productive and satisfying. With the recent introduction and success of the new FM System, it has been observed that small groups of highly involved and enthusiastic members are far more...
  • Entry# 2134907
    Jan 21 2017 (02:46PM)


    It has been over 2 weeks since the appointment of the current batch of FMs and 750 Complaints have been handled so far. It gives me immense pleasure in congratulating them for running the team diligently, professionally, competently and above all, without a shred of controversy or bias. The FM position...
Scroll to Top
Scroll to Bottom


Go to Mobile site
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.