21
Wednesday
February 2018
2:44 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
'Railways looking at ways to speed up electrification process'
 
New Delhi, Sep 21 (PTI) The railways ministry is looking at ways to speed up the electrification process as it would help cut down Rs 16,000 crore expense on diesel, Union Minister Piyush Goyal said today.

He said the ministry is consulting all the people who are involved in the electrification process.

The important things which are involved in the process include availability of equipment and adequate infrastructure.

The Railways Minister said, "we are giving a relook to the ways of speeding up the electrification process" of rail lines across the country.

The move would help in cutting down the diesel expenses on Indian railways, which is about Rs 16,000 crore and improving operating ratio of Indian railways, the minister told reporters here.

"We can do lot of savings in that," he said, adding that the cost on account of power is quite less.

Before the BJP-led government came to power, investments on safety related things, track renewal and maintenance were not good and it had impacted the railways, he said.

On a question that in terms of investments, lot of fund was tied up from LIC, he said: "You will see large drawdowns in the next few days".

Further Goyal, who also holds the coal portfolio, said that there is a continuous progress in the sector.

"Soon we want to start commercial mining," he said.


Rupee falls 31 paise against US dollar in opening trade
Tata Steel emerges as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore
Debt-laden Aircel to file for bankruptcy at NCLT
Gold slips on fall in demand, global cues
PNB fraud: Nirav Modi, Mehul Choksi's passport suspended; 50 more firms to be raided
Rupee gains 6 paise against dollar in opening trade
Sensex rises 196 pts, Nifty reclaims 10,600-mark
Re gains 14 P to trade at 2-week high in opening trade
Uber CEO aims to pare losses and get 'the love back'
Jewellery stocks take a hit after PNB fraud
Sensex rises over 200 points, Nifty near 10600
Trump slams India for high import tariffs on Harley-Davidson
PM woos investors at Oman-India business meeting
Sensex sheds 144 pts in late sell-off; bank stocks sink
Rupee gains 19 paise against dollar in opening trade
Sensex recovers 260 points, Nifty above 10,500-mark
Sensex drops below 34K, Nifty loses over 1.5% amid global fall
Rupee drops 13 paise against dollar at 64.39
Cola And Junk Food Advertisements Banned by Government on Cartoon Channels
Gold plunges by Rs 600 to below Rs 31,000 level
KERALA NEWS
'Kudumbashree' to foray into e-commerce
 (Thiruvananthapuram, Feb 20, 2018): After its success saga in a series of fields ranging from  
Pandalam woman jumps to death from hospital building
SC to hear tomorrow actress Priya Varrier's plea
Shuhaib murder: Police find crucial lead
INTERNATIONAL NEWS
Palestinian leader goes to the UN to counter US on Jerusalem
 (Feb 20, 2018): Palestinian leader Mahmud Abbas will urge world powers at the UN Security Cou
Maldives leader seeks approval to extend state of emergency
Imran Khan ties knot for third time, confirms party
Lanka Army enlists 11 former LTTE members
NATIONAL NEWS
J-K youths, children meet President
 (New Delhi, Feb 20, 2018): Youths and children, who were hit by militancy in Jammu and Kashm
SBI Card cautions customers against Bitcoin investment
Cong, CPI-M demand discussion on PNB fraud
CBI refuses to disclose expenses incurred to bring back Vijay Mallya, Lalit Modi
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.