All stories by Dhruvaksh Saha
India's first public InvIT for road, highway projects in the works
Rediff.com8 Aug 2023After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust
Rail Accidents Surged By 37% In 2022-2023
Rediff.com13 Jun 2023In 2021, the Railways boasted of a historic feat -- no passenger deaths in train accidents in two years. However, the derailment of the Bikaner-Guwahati Express in 2022 brought the Railways back to its forgetful past.
Sittwe Port: India's Move Against China
Rediff.com20 May 2023The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.
Railways Realising Its Paperless Dreams
Rediff.com17 May 2023'Currently, 81 per cent of all reserved tickets are booked through e-ticketing.'
'No second thoughts on Great Nicobar Port'
Rediff.com11 Apr 2023'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'
Railways rolls out energy efficiency plan to meet 2030 net-zero target
Rediff.com4 Jan 2023Focuses on meeting non-traction demand through renewables.
Cattle hits, snags raise doubts over Vande Bharat as 'train of future'
Rediff.com19 Oct 2022Experts suggest that a revamp in the surrounding infrastructure should take care of the issues plaguing the VB-2, stressing that the lightweight nature of the trains is what allows for higher speeds, and that needless design additions may hamper the train's efficiency.
Govt to amend 114-year-old the Indian Ports Act, bring in reforms
Rediff.com19 Aug 2022The Ministry of Ports, Shipping and Waterways has released a draft to amend the Indian Ports Act, 1908, which aims to bring in sweeping reforms in the sector by bringing non-major ports into the national fold, creating a new mechanism for resolution of disputes, and empowering maritime state development council (MSDC). The draft bill will see comments from stakeholders before being tabled in Parliament. "The Indian Ports Act, 1908 is more than 110 years old. It has become imperative that the Act is revamped to reflect the present-day frameworks, incorporate India's international obligations, address emerging environmental concerns, and aid the consultative development of the ports sector in the national interest," the shipping ministry said.
Traffic surge at ports a sign of India's economic revival: Report
Rediff.com27 Jul 2022Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in traffic during the April-June quarter of 2022-23. This shows that the economy is opening up, a report by DAM Capital said. The volume increase assumes significance since both prices of crude oil and imported coal have been soaring this year. Indian coal companies were pressed for supply amid a thermal coal crisis earlier in the year.
Railways may scrap new dedicated freight corridors, enhance existing ones
Rediff.com25 May 2022This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.
Power outage: Jalandhar MSMEs' new struggle
Rediff.com20 May 2022With the Covid-19 pandemic showing signs of ebbing and economic activity picking up, factory owners in Jalandhar had hoped that the worst was over. However, the heat wave in April and extensive power cuts that came with it, have crushed their hopes. The city's large number of micro, medium and small enterprises (MSMEs) are now gearing up for yet another struggle, this time to survive with the shortage of power that is severely impacting their operations.
Railways not to cancel any more passenger trains
Rediff.com9 May 2022The Indian Railways has decided to not cancel any more passenger trains to accommodate more freight traffic for coal transport. It will also gradually restore the ones it cancelled recently. The national transporter is of the view that coal supply is now reaching normative levels and does not need any more special measures. "Early data suggests that coal supply has stepped up since the passenger trains were cancelled.
2 years on, Railways passenger bookings still far from pre-Covid levels
Rediff.com22 Apr 2022Hit by Covid waves and slowdown, the Indian Railways has still not been able to return to its pre-pandemic passenger traffic, data by ministry of Railways has revealed. In February, the national transporter received 413 million ticket bookings - 43 per cent higher than the previous year, but only 61 per cent of the 675 million in February 2020. According to the statistics, that was the last time the Railways saw more than 500 million bookings in a single month.
Rlys to buy 100,000 more wagons amid freight, coal demand
Rediff.com4 Apr 2022Amid rising demand for coal freight and an aggressive push towards diversifying its freight basket, Indian Railways is planning to buy 100,000 more wagons over the next three fiscal years. The procurement plan will majorly comprise BOXN wagons, which are used to transport coal, said a senior Ministry of Railways official. Notably, the railways recently floated a sizeable tender worth Rs 35,000 crore of wagons, which had been in the pipeline since 2018. "Our Budget Estimates for freight increase were conservative.
Covid waves slow down FY22 highway construction
Rediff.com8 Mar 2022If 2019-20 (FY20) was an unusual year for highway construction in India, with the pace of work slowing down for the first time since the Narendra Modi government assumed power in 2014, largely due to the general elections in May and liquidity crunch, the outbreak of the Covid-19 pandemic in 2020-21 (FY21) only made matters worse with lockdowns and labour unavailability. The pace of highway construction in 2021-22 (FY22) has not been able to bulldoze the pandemic barriers in a year marred by two Covid-19 waves - the second at the start of the fiscal year, the third towards the close. With localised lockdowns and restrictions on mobility, highway construction growth in the country has now fallen to a five-year low.
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