INDIA INTELLIGENCE REPORT
 

News Analysis - Railways

 

Indian Railways

  • Populist Railways Budget (February 27, 2007)
    Railways Minister Lalu Prasad Yadav presented a populist budget that cut prices across the board with the claim that increased traffic will bring in more revenue but critics have castigated him on adopting policies that will ruin Railways.<More>

  • Railways Profits Up (November 24, 2006)
    The largest railways in the world, the Indian Railways, reported earnings in November at Rs. 1706 crore (USD 370 million) and an increase of 22% from last year due to better freight and passenger capacity utilization.<More>

  • BHC Asks Railways to Revamp Disaster Management (June 24, 2006)
    The Bombay High Court (BHC) has directed the Central and Western Railways to upgrade their disaster management system and submit a comprehensive process for review by August 16.<More>

  • Railways Loses to Budget Airlines (May 29, 2006)
    The advent of budget airlines has eroded high-margin upper class segment of the Indian Railways (IR) two years in a row causing it to lose over 10% in revenues and analysts predict this trend to continue.<More>

  • Freight Corridor on, Speed Trains No (May 22, 2006)
    A high level committee chaired by Prime Minister Manmohan Singh rejected a proposal to built a Bullet Train network in the nation for passenger traffic but accepted the plan to built a dedicated freight train corridor at a projected cost estimate of USD 5.06 billion.<More>

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