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Railways modernising infrastructure

Railways modernising infrastructure
PTI
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First Published: Tue, May 01 2007. 10 05 PM IST
Updated: Tue, May 01 2007. 10 05 PM IST
New Delhi: Railways are modernising their infrastructure and have prepared a 10-year plan to make the country’s lifeline a world-class.
“Our agenda is to make Indian Railways world’s number one from the current third position. We have taken several steps in this direction. We are also evaluating the need of the Railways in all sectors -- wagon, coaches and wheels, Railway Minister Lalu Prasad said.
Talking to reporters after over 90-minute talks with a high-powered US delegation here, Prasad said Indian Railways were also modernising its infrastructure as per the requirements in the coming years as referred to by Railways’ ambitious dedicated Freight Corridor Project.
The leader of the 16-member US delegation Admiral David Blair, who is also a professor of Economics National Development University appreciated the steps taken by Indian Railways, unveiling a new economic model “raising volumes and capacity utilisation” which lead to the phenomenal turnaround.
Belying international myth that economic recovery, when organisation is facing losses, was possible through downsizing the workforce, he said Indian Railways have achieved success without retrenching a single person or even raising passenger and freight fares.
The 16-member delegation comprises of mid to senior level government officials to US Army, Navy and Air Force besides personnel from Civil and Foreign Services.
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First Published: Tue, May 01 2007. 10 05 PM IST