Minister for Railways inaugurates key freight sector initiatives of Indian Railways
Press Information Bureau
Government of India
Ministry of Railways
02-March-2017 15:20 IST
Minister for Railways inaugurates key freight sector initiatives of Indian Railways.
Indian Railways Freight and Passenger Business Action Plan -2017-18 was launched today
Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated following key freight sector initiatives today i.e. 02-03-17 at National Rail Museum, New Delhi:-
1. Policy of ‘Long Term Contracts’ with major customers.
2. Indian Railways Freight and Passenger Business Action Plan -2017-18.
3. Confirmation trial of Double stack Dwarf Container Train under wire- a New Delivery Model.
4. The demonstration run of Ro-Ro (Roll on – Roll off) service across the National Capital Region- A Pilot project of Indian railways for ‘ Green Transportation’ – to reduce road congestion and improve environment.
Chairman, Railway Board, Shri A. K. Mital, Member Traffic Railway Board Shri Mohd. Jamshed, other Railway Board Members, General Manager, Northern Railway Shri R. K. Kulshreshta and senior officials were also present on the occasion.
Speaking on the occasion, Minister of Railways Shri Suresh Prabhakar Prabhu said that over the years, Railways share in country’s total traffic has reduced substantially. Railways earns its two third revenue from freight only and primarily from the transportation of eight commodities. In the wake of Global slowdown, transportation sector is the biggest sufferer. It has affected Railway’s freight earnings. However despite these challenges, Indian Railways has done well to improve its freight loading. During the last two years, Ministry of Railways has been constantly changing its freight policies and rationalizing them in consultation with all stakeholders with a view to attract more freight towards Railways. For these changes, Indian Railways has adopted market oriented approach to make traffic policies. These landmark reforms in freight policy are in line with the budget announcements. Shri Prabhu called upon the stakeholders to respond to these changes and honor their commitments. He said that with the improvement in freight loading, everybody will be a winner, be it Railways, be it consumer or be it the whole ecosystem. He said that Railway is working in line with the Prime Minister’s broader development agenda. He said that the concept of Double Stack Dwarf Container train is also a good idea as it will save time and will be cost effective. Similarly, the concept of RO-RO services is also very useful from pollution point of view, public health point of view and for speedy transportation. He said that Ministry of Railways is addressing its transportation policy in a holistic manner. The Minister said that off late the Railway Ministry has taken various initiatives in the field of Non Fare revenue and in saving fuel cost. We have fixed up a target of savings Rs 41,000 Cr in next 10 years on energy front. Railways have taken massive plan of expansion & capacity augmentation, Shri Suresh Prabhu added.
Chairman, Railway Board, Shri A.K.Mital said that it is a big challenge to bring more traffic share to Railways. All stakeholders need to work together to achieve this objective. Member Traffic, Shri Mohd. Jamshed gave brief outlines of the Indian Railway’s Business Plan 2017-18.
On this occasion, Centre for Transportation Research and Management (CTRAM) organised an Eighteenth National Rail Transport Seminar with the theme : ‘Transforming IR’s Freight Services: Initiatives launched and the Road Ahead’ and the inauguration of ‘Key Freight Sector Initiatives’. The seminar consisted of two technical sessions. First technical session was chaired by Shri Ambrish Gupta, AM(Traffic), Railway Board and the speakers were Shri S.N.Prasad, Director Marketing, Coal India Ltd., Shri Raman, Director Technical, SAIL, Shri Shivaji,Executive Director, Sales & Distribution, Indian Oil Corporation Ltd, Shri Raghu Dayal, former Managing Director, Concor & presently in AITD. Second Technical session was chaired by Shri Sanjiv Garg, AM(Catering & Tourism), Railway Board and the speakers were Shri Kaliprasad, Chairman, Railway Co-ordination Committee, Dr P.S.Gahlaut, Managing Director, Indian Potash Limited, Shri Anil Gupta, Former Managing Director, Concor and Shri Sarbojit Pal, Consultant, TERI.Vote of thanks was proposed by Shri R.K.Tandon, Executive Director, CTRAM.