Railways to create safety fund worth over Rs.1 lakh crore

New Delhi, Dec 16 (IANS) The central government on Wednesday informed parliament that Indian Railways is in the process of creating a massive fund worth over Rs.1 lakh crore to improve its safety standards.

According to Minister of State for Railways Manoj Sinha, the Railway Board has constituted a committee for putting up the consolidated proposals for creation of a ‘Rashtriya Rail Sanraksha Kosh’ (RRSK).

“Ministry of Railways has constituted a committee for creation of a RRSK amounting to Rs.110,237 crore,” Sinha said in a written reply to a question in the Lok Sabha.

The minister elaborated that the committee has Railway Board executive director, civil engineering (planning), as convener.

In addition, the committee has as its members the executive directors of finance expenditure-I, signal (development), electrical energy management, mechanical engineering (project), directorates. .

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here