* India is projected to account for 40% of the total global share of rail activity by 2050.
* In 2024-2025, the goal is to upgrade 40,000 conventional rail bogies to meet the 'Vande Bharat' standards.
* In 2023-24, traffic revenue is estimated to be Rs. 2,64,600 crore (US$ 32.18 billion), comprising 99.8% of the total revenue.
* Indian Railways is developing and creating technology in areas such as signaling and telecommunication with 15,000 kms being converted into automatic signaling and 37,000 kms to be fitted with ‘KAVACH’, the domestically developed Train Collision Avoidance System.
* FDI inflows in railway-related components stood at US$ 1.40 billion from April 2000-December 2023.
* The government has laid an ambitious target to allocate US$ 1.4 trillion between 2019 and 2023, including investment to the tune of US$ 750 billion on the railway infrastructure by 2030.
* In Budget 2024-25, capital outlay of Rs. 2.52 lakh crore (US$ 30.3 billion) has been allocated to the Ministry of Railways. to make advancements in railways.
* Government has allowed 100% FDI in the railway sector.
*Indian Railways crafted the National Rail Plan (NRP) for India - 2030 to develop a modern railway system.
Union Minister of External Affairs, Dr. S. Jaishankar and Union Commerce an...
India, the country where millions of travellers come to seek spiritual fulfilment as part of their tourism journey, makes it an integral part of India...
Mutual funds play an indispensable role in capital markets, serving as a gateway for individuals and institutions to access a diverse range of securit...
The logistics industry plays a vital role in the dynamic economic landscape of India by enabling the efficient movement of goods and services througho...
In the era of Amrit-Kaal, India is positioning itself to play a crucial rol...
India has recently announced that it is targeting net zero emissions by 207...
The banking industry affects us in ways that we might not be aware of. By s...