Railways to get Rs.200 bn loan from Japan

September 18th, 2009 NEW DELHI - Railways Minister Mamata Banerjee has said an external agency would probe allegations of graft during her predecessor's tenure. Lawmakers belonging to Bihar's Janata Dal (United) had alleged that that during the tenure of former Railways Minister Lalu Prasad, people were asked to cede land to the railways in exchange for jobs and contracts in the organisation.

September 9th, 2009 NEW DELHI - Indian Railways have decided to install biometric identification system at its vital installations across the country. The project will increase the protection of major IT installations and PRS (Passenger Reservation Service) data centres in view of the threat of attacks, which could disrupt train operations and damage database.

August 20th, 2009 KOLKATA - Rubbishing talk that efforts are on to privatise the Indian Railways, Railway Minister Mamata Banerjee Thursday said she would be the last person to do so. "In some quarters there is mischievous talk that we are trying to privatise the railways.

July 11th, 2009 NEW DELHI - The Bharatiya Janata Party (BJP) Saturday said the country was awaiting the white paper promised by Railways Minister Mamata Banerjee on the railways' performance in the last five years. Banerjee told parliament July 3 that she would come out with a white paper on the actual performance of the railways in the past five years when Lalu Prasad headed the ministry.

July 10th, 2009 NEW DELHI - Despite the slowdown that has seen job cuts across sectors, the Indian Railways will fill 1.7 lakh vacant posts after reviewing the recruitment process, Railways Minister Mamata Banerjee said Friday. The Railway Recruitment Board (RRB) will review the hiring process and address regional aspirations and problems witnessed during recruitment in Maharashtra, Karnataka and Assam, Banerjee told the Rajya Sabha.

July 3rd, 2009 NEW DELHI - Railways Minister Mamata Banerjee Friday proposed several steps, including launch of a premium service for container movement with assured transit time, to improve the freight movement on railways. Presenting her ministry's budget for 2009-10 in the Lok Sabha, Banerjee said besides improving the freight movement of its regular cargo like coal, iron ore, cement, fertilisers and food grain, the railways will take measures to increase the share of new items like automobiles and fly ash.

June 4th, 2009 NEW DELHI - Union Railways Minister Mamata Banerjee said that Indian Railways' determined efforts will be to keep enhancing passenger amenities and comforts to a higher level, both in trains and on railway stations. In her message to the Railway personnel after assuming the charge of office of the Union Railway Minister, Banerjee urged all the railwaymen to provide 'service with smile'.

June 1st, 2009 NEW DELHI - The railways ministry will carry forward the projects taken up by the former minister, Lalu Prasad, including the ambitious bullet train proposal, Minister of State for Railways K.H. Muniyappa said here Monday.

May 14th, 2009 CHENNAI - Joseph Abraham enjoyed a fine outing as he not only qualified for the World championship in Berlin but also won the gold medal in the 400 metres hurdles in the third round of the SS Music Indian Grand Prix athletics here Thursday. The 27-year old Abraham of the Railways clocked 49.59 seconds, bettering the B standard qualifying timing of 49.80s to book his berth for the World Cup.

February 25th, 2009 NEW DELHI - A new book explaining how the second largest railway network in the world is managing disasters - both man-made and natural - was released here Tuesday. Railways Minister Lalu Prasad released the book, titled 'Disaster Management in the Indian Railways', written by Minister of State for Railways R.

February 12th, 2009 NEW DELHI - Following are the highlights of the interim rail budget for next fiscal presented by Minister for Railways Lalu Prasad in Lok Sabha Friday: * Feasibility studies progressing well to start 'bullet trains' in India * Railways will create record surplus of Rs.900 billion (Rs.90,000 crore) this fiscal * In past five years, no burden imposed on train passengers * Railways saw 14 percent rise in passenger income * Railways managed 8 percent growth in freight loading * Drop in train accidents, railway safety enhanced * Rs.700 billion (Rs.70,000 crore) surplus ploughed back to improve efficiency * Rs.367.73 billion (Rs.36,773 crore) spent this fiscal toward productivity, passenger facilities * Railways to introduce wagons with higher capacity * Railways to spend Rs.230 billion (Rs.23,000 crore) in 2009-10 * Work has started on Delhi-Mumbai dedicated freight corridor

January 22nd, 2009 PATNA - The spotlessly clean railway stations in Japan put Railways Minister Lalu Prasad in a bit of a spot - he couldn't find a place to spit the red juice of khaini, a tobacco mixture he loves to chew, and realised it had become a 'bad habit'. 'I realised chewing khaini had become a bad habit during my recent visit to Japan,' Lalu Prasad said here Friday.

January 16th, 2009 SINGAPORE - Flush from his exhilarating ride on a Japanese high-speed train, Indian Railway Minister Lalu Prasad said Saturday that he plans to introduce bullet trains to link major metropolitan cities in India. 'Such bullet trains can link city to city.

January 11th, 2009 NEW DELHI - Railways Minister Lalu Prasad left on a seven-day visit to Japan and Singapore late Sunday during which he will seek investment for his nationwide dedicated freight corridor project and ride the bullet train to see if it can be introduced in India, officials said. The Japan International Cooperation Agency has already agreed in principle for a loan of some Rs.15,000 crore (Rs.150 billion/$3 billion) for the freight corridor project and the minister will seek to clinch the deal during the visit, the officials added.

January 6th, 2009 NEW DELHI - Rakesh Kumar Tandon, an Indian Railways Traffic Service (IRTS) officer of the 1978 batch, took over as managing director of the Indian Railways Catering and Tourism Corp (IRCTC) Wednesday. Prior to this, Tandon was executive director (passenger marketing, and efficiency and research) in the railways ministry.