Suresh Prabhu invites foreign investment in manufacturing
Railway Minister Suresh Prabhu Saturday invited other countries to make India their base for manufacturing as the government would be investing USD 120 billion over the next five years to develop railway services.
Aug 29, 2015, 14:49 PM IST
Optimistic about $20 trillion economy size in 20 years: Prabhu
Union Railway Minister Suresh Prabhu on Friday said he was optimistic about the Indian economy growing to USD 20 trillion in size over the next 20 years.
Aug 21, 2015, 20:48 PM IST
Indian economy can double in three years: Suresh Prabhu
The Indian economy can double in three years and has the potential of becoming a $20-trillion economy, Railways Minister Suresh Prabhu said on Friday.
Aug 21, 2015, 14:48 PM IST
Railways to declare quarterly numbers; Q1 CAPEX soars 134%: Prabhu
In a first, the Railways has decided to declare its quarterly financial numbers for three months till June, which shows that the national transporter's capital expenditure soared a whopping 134 percent to Rs 17,734 crore from the projected Rs 13,231 crore.
Aug 10, 2015, 17:47 PM IST
Suresh Prabhu rolls out red carpet eyeing Rs 1 trillion investment annually in railways
Railway minister Suresh Prabhu Friday asked foreign funds and domestic investors to replicate with the railways their success in the telecom, power and road sectors as the national transporter needs a whopping Rs 1 trillion in funds this year and Rs 8.5 trillion over the next five years.
Aug 07, 2015, 23:16 PM IST
Railway Minister Suresh Prabhu to woo India Inc in Mumbai today
Seeking to bring in investment in rail sector, Railway Minister Suresh Prabhu will on Friday address CEOs of financial institutions and corporates in Mumbai to apprise them of emerging opportunities in the country's public transporter.
Aug 07, 2015, 09:16 AM IST
Economy will grow 2-3% more with better investments in Railway: Suresh Prabhu
Citing the example of China, he said, "China made massive investment in the railways and showed that a country can accelerate development by boosting connectivity."
Jul 19, 2015, 16:10 PM IST
Coming soon: Book tatkal train tickets without ID proof
According to a Railway circular, the passengers can carry with them any one of the 10 identity proofs prescribed. This move will bring relief to the passengers who book tickets in a hurry.
Jul 16, 2015, 17:18 PM IST
After fall in freight, railway sees slide in passenger bookings
The public transporter attributes the fall to the rise in ticketless travel and shift in commuter preference due to improved condition of roads.
Jul 12, 2015, 11:30 AM IST
JSW to develop 34-km rail link to connect its Jaigarh port
JSW Infrastructure has an installed capacity of over 33 mt at its three ports, the Dharamtar Port near Mumbai, South West Port terminals in Goa and Jaigarh Port in Ratnagiri.
Jun 28, 2015, 17:08 PM IST
Decision on bullet train after feasibility report: Prabhu
"Once the feasibility study is examined, we will again take a decision on that," the minister said, after initially ducking questions on the bullet train issue.
Jun 27, 2015, 19:15 PM IST
Suresh Prabhu woos expats to join Make in India programme
Lauding the contribution of Keralites working in the Middle East to Indian economy, Railway Minister Suresh Prabhu Sunday asked them to invest in the productive sectors of the state and suggested a 'gharwapsi' programme to bring back successful entrepreneurs.
Jun 21, 2015, 20:19 PM IST
Not enough invested in Railways in 40 years, Prabhu
"We cannot make railways work proper unless we make investment in the railways...," he added. The central government had earlier said Rs 8.5 lakh crore will be invested in Railways over a period of five years.
Jun 20, 2015, 17:46 PM IST
Develop railway stations on PPP model: Prabhu to industrialists
Railway Minister Suresh Prabhu on Saturday called upon industrialists here to come forward for the development of railway stations on PPP model and assured them of full assistance from his ministry.
Jun 13, 2015, 23:22 PM IST
Land required for Railway infrastructure projects: Prabhu
"Whether for a sea port, airport or for the Railways, land is required. We need land for development of Railway infrastructure and for capacity expansion. But, getting land is becoming an important issue, which needs to be resolved by the Centre and the states jointly," he said at a news conference here.
Jun 06, 2015, 16:48 PM IST
Railways to announce new policy on station development: Prabhu
"We are coming out very soon with a regime for station development by inviting partners," Prabhu said at a function here without elaborating further on who these partners would be.
Jun 06, 2015, 15:39 PM IST
Railways ready to fuel West Bengal's growth: Suresh Prabhu
Prabhu said, "I spoke to the chief minister who is now in Dhaka this morning. I hope to meet her soon once she comes back. The Centre and the state will have to work together".
Jun 06, 2015, 15:11 PM IST
Railways to form company jointly owned by centre, states
Prabhu said the move is in sync with the centre`s policy to empower the states.
Jun 06, 2015, 14:38 PM IST
Railways to launch new projects worth Rs 10,000 cr: Suresh Prabhu
New projects worth over Rs 10,000 cr will be launched and several old projects will be completed by Railways during its ongoing fortnight programme, Union minister Suresh Prabhu said Wednesday.
Jun 03, 2015, 19:21 PM IST
Government policies to create jobs: Prabhu
Railway Minister Suresh Prabhu on Thursday rebuffed the opposition`s charge that the government is pro-business and cited that the government`s policies will create jobs and livelihood for the poor.
May 21, 2015, 21:08 PM IST