Railway News LIVE: Minister Ashwini Vaishnaw unveils mega reforms for Indian Railways - The Economic Times Video
- Indian Railways announced structural reforms to improve project execution, encourage private sector innovation in freight transport, and enhance logistics efficiency, as unveiled by Railway Minister Ashwini Vaishnaw.
- Contractor eligibility rules require a 10% upfront performance security and disqualify contractors with pending litigation exceeding 50% of their net worth to improve construction quality.
- Industries can design freight wagons tailored to their needs, with the Research Designs and Standards Organisation evaluating and certifying them before use on the railway network.
- The reforms include container-based transportation for fly ash and other goods to reduce pollution and logistics costs, a skill certification framework for railway workers, and measures to streamline project execution and land acquisition.
13 Articles
13 Articles
Indian Railways opens wagon design to private industry in latest reform push
Eight new reforms aim to spur innovation in freight wagons, simplify container operations and tighten construction norms as Indian Railways seeks to boost its share of the country's cargo movement.
The Hindu Business Line
LatestlyRailways tightens contractor rules, opens freight wagon design to industry in fresh reform push
Contractors will now have to provide an upfront performance security of 10 per cent before work begins instead of deductions being made from running bills
The Economic Times
Times of IndiaRailway News LIVE: Minister Ashwini Vaishnaw unveils mega reforms for Indian Railways - The Economic Times Video
Union Railway Minister Ashwini Vaishnaw addresses a press conference in New Delhi to announce a series of reforms for Indian Railways focused on passenger services, operational efficiency, infrastructure development and overall railway transformation.
Ashwini Vaishnaw unveils eight more structural reforms under ‘Reform Express’ to strengthen India's Freight Operations
NEW DELHI : Continuing the ‘Reform Express’, Union Minister for Railways Shri Ashwini Vaishnaw announced eight more structural reforms to modernise Indian Railways. With this, the total number of reforms implemented under the initiative has reached 17. The new reforms will bring significant changes in freight transportation, logistics, construction practices, project execution, wagon design, skilling and ease of doing business. Addressing the me…
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