Indian Railways News

Indian Railways News

37 ‘Eco-Smart Stations’ To Be Set Up In 3 Months: Railways To Green Body

The Centre has told the National Green Tribunal that action plan for 37 railway stations which are to be developed as “eco-smart stations” will be implemented in three months.

The Centre told a bench headed by NGT Chairperson Justice Adarsh Kumar Goel that nodal officers have been identified by the railway administration to oversee the implementation of environment management systems at the 37 stations.

“They will also act as regulators for environment norms and will have authority to lay down and collect compensation on ‘Polluter Pays” principle. They will be authorised to issue receipts for the compensation so recovered. This mechanism will be put on the website,” Additional Solicitor General Pinky Anand, appearing for the Railways, told the NGT.

Noting the submissions, the tribunal said that with regard to the next phase, action plans should be prepared for all the remaining major stations indicating phase-wise steps and categories of implementation.

“The action plans may have categories for number of stations for different phases but all the major stations should be covered within one year on the pattern of 37 major stations already identified.”

“We also expect that de-centralised municipal solid waste plants may be set up at the identified locations in terms of Solid Waste Management Rules, 2016. The Executive Director, Environment and Health Management (ENHM), Railway Headquarters, may compile the progress of execution of action plans periodically and also lay down adverse consequences for the nodal officers or others who fail to execute the action plans within the targeted timeline by way of entry into their annual reports,” the tribunal said.

It also said the Railway Board may also compile data of preparation of action plans for the remaining major stations within three months and furnish the same to the Central Pollution Control Board for analysis.

“If the CPCB finds that action plan has been duly implemented and selected railway stations are meeting the parameters of ISO 14001, such stations may be certified as eco-smart stations,” the tribunal said.

The green panel had earlier said there was an urgent need for the railways to put in place an effective implementation and monitoring mechanism with provisions of fixing accountability of individuals in respect of solid waste disposal, littering of solid and plastic wastes, defecation etc.

The NGT was hearing a petition filed by lawyers Saloni Singh and Arush Pathania seeking steps to check pollution on railway properties, particularly on tracks.

Poll Body Sends Notice To Railways Again Over BJP Slogan On Tea Cups

The Election Commission Tuesday called the railways approach towards enforcing the model code of conduct “lackadaisical” after allegations that poll norms were violated with Prime Minister Narendra Modi”s picture on tickets and the slogan “Main Bhi Chowkidar” on tea cups.

The poll panel has issued a notice to the railways, asking it to submit a report by Thursday on the slogan on tea cups, so that it can take a call on whether it was a poll code violation.

The issue came to the fore after a passenger on the Kathgodam Shatabdi tweeted a picture of tea cups with the slogan, the post went viral.

The railways said its has withdrawn the cup and penalised the contractor.

On the ticket issue, the EC has reprimanded the national transporter for not taking the code of conduct seriously.

“It has come to the notice of the commission that tea cups were provided to the passengers in the train of the Indian Railway by the NGO, namely “Sankalp”, which contained the political slogan of the Bharatiya Janata Party and such matter is closely related to violation of the Model Code of Conduct,” according to the notice.

“The commission, taking cognisance of the incident, has directed that the matter may be looked into immediately and a report may be furnished by 11:00 hours on April 4 that decision may be taken by the commission in the matter,” it said.

In a letter, over the image of PM Modi on train tickets, the poll panel criticised the railways for non-compliance of its instructions. On March 29, the poll panel had sent a notice to the national transporter on the issue.

The poll body said in response to the March 29 notice, the railways had asked for more time.

“The commission expresses its considered displeasure over the non-compliance of the commission”s instructions especially when the Model Code of Conduct is in force and the lackadaisical approach towards enforcing the Code.

“The commission has also decided that disciplinary action be taken against the officer in-charge and a report be submitted to the Election Commission within a week,” it said.

Sources in the railways, however, said the reply to the notice on the ticket issue had been sent to the EC on April 1 and it has complied with everything. “It was an inadvertent mistake,” a source said.

PM Modi To Address Siliguri Rally On April 3 At New Venue After Denied Consent

SILIGURI: 

Prime Minister Narendra Modi will address the scheduled public rally here on April 3 at a ground belonging to the Railways, after the West Bengal government denied permission for the venue earlier sought by the BJP.

The new venue for the prime minister’s rally sits adjacent to the New Jalpaiguri Railway Station, BJP’s Darjeeling district president Avijit Roy Chowdhury said on Saturday.

“The local administration did not give permission for the venue we had earlier selected. Then, we looked for another ground and got permission for it,” BJP state president Dilip Ghosh said.

The BJP party had earlier selected a piece of land belonging to the Siliguri Jalpaiguri Development Authority (SJDA) in the state, which had denied consent for the PM’s rally.

“Earlier, too, similar incidents have happened when we were denied permission. But, the TMC cannot prevent BJP’s victory march by stopping us from holding rallies,” Mr Ghosh asserted.

PM Modi will address two back-to-back election rallies on April 3, the second public meeting slated at Kolkata’s Brigade Parade Ground

Delhi Bus Conductor Commits Suicide After Alleged Harassment By Manager

After alleged harassment by a manager at New Delhi’s Khanjawala Cluster Bus Depot, a 27-year-old bus conductor allegedly committed suicide by jumping in front of an oncoming train at the Ghewra railway crossing, the police said on Friday.

The body of Haridarshan, a resident of Nihal Vihar, was found lying on the tracks on Thursday with severe head injuries, they said.

In a suicide note, the deceased alleged that the manager of the depot had harassed him on many occasions and therefore, he was taking the extreme step.

The post-mortem was conducted on Friday at the Sabzi Mandi mortuary and the relatives will give a detailed complaint on Saturday after the cremation process, the police said.

According to Haridarshan’s family, he had joined the department three years ago and the manager was allegedly forcing him to achieve unrealistic targets, the police said.

They also claimed that the manager had threatened to sack Haridarshan if he failed to meet the targets, they added.

Shaped Like Trolley Wheels, Gold Weighing 1,200 Grams Seized In Guwahati

A train-checking party of the Guwahati GRPS recovered three gold pieces shaped like wheels of a trolley bag, weighing around 1,200 grams on at the city’s railway station on Thursday morning, railway police said.

A trolley bag was also found lying unclaimed at platform number one of the Guwahati Railway Station.

The items were handed over to the Customs Department.

Last week, police had seized $540,000 from two passengers at the station.

Rail Vikas Nigam IPO Opens: Should You Invest?

Rail Vikas Nigam Limited’s initial public offering (Rail Vikas Nigam IPO) began today and will last up to April 3. Rail Vikas Nigam Limited (RVNL), the wholly owned government company is a ‘Miniratna’ (Category – I) company incorporated by the ministry of Railways in 2003 as a project executing agency working for and on behalf of Ministry of Railways. Rail Vikas Nigam Limited was incorporated with the objective to undertake rail project development, mobilisation of financial resources and implementation of rail projects pertaining to strengthening of golden quadrilateral and port connectivity and raising of extra- budgetary resources for project execution, HDFC Securities said in an IPO note.

The object of the initial public offering (Rail Vikas Nigam IPO) is to carry out disinvestment of 12.12 per cent equity stake of government of India. A total of 25.34 crore equity shares of face value of Rs. 10 are being offered in the Rail Vikas Nigam IPO in a price band of Rs. 17-19 aggregating to the issue size of Rs. 430.87 crore – Rs. 481.57 crore.

Rail Vikas Nigam Limited’s total order book which includes laying new railway lines, doubling of tracks, gauge conversion, railway electrification, metropolitan transport projects, building workshops and bridge construction works as of December 31, 2018 stood at Rs. 77,504.28 crore.

RVNL works on a turnkey basis and undertake the full cycle of project development from conceptualization to commissioning and its major client is the Indian Railways. The other clients of the company include various central and state government ministries, departments, and public sector undertakings, HDFC Securities said.

Individuals interested in subscribing to the issue can do it by bidding in lot size of 780 equity shares per lot and in multiples thereof. A discount of Rs. 0.50 per share is being offered to RVNL’s employees and retail customers, HDFC Securities note said.

Rail Vikas Nigam Limited’s Financial Performance

In the first half of financial year 2018-19 Rail Vikas Nigam Limited reported net profit of Rs.253.62 crore on revenue from operations of Rs. 3,622.88 crore. In the full financial year 2017-18 it had reported net profit of Rs. 569.92 crore on revenue of Rs. 7,597.36 crore.

Key Concerns For Rail Vikas Nigam Limited

Upon the completion of this offer, the government of India will hold approximately 87.84 per cent of RVNL’s post-offer paid up equity share capital. Consequently, the President of India, acting through the ministry of Railways will continue to control it and will have the power to elect and remove directors and determine the outcome of most proposals for corporate action requiring approval of its Board or shareholders, such as proposed five-year plans, revenue budgets, capital expenditure, dividend policy, transactions with other government of India controlled companies.

Under the Companies Act, this will continue to be a public sector undertaking which is owned and controlled by the President of India. This may affect the decision making process in certain business and strategic decisions taken by the company going forward, HDFC Securities noted.

Raising another concern about RVNL, HDFC Securities said that, “RVNL has unsecured loans that may be recalled by the lenders at any time.”

RVNL has availed an unsecured loan from Indian Railway Finance Corporation (IRFC) which may be recalled by them at any time. While for payment of interest and principal on the borrowing from IRFC, ministry of Railways would make available to the Company the required funds, the debt servicing will only pass through RVNL books. In the event that any lender does not provide further funding to it, the Company would need to find alternative sources of financing, which may not be available on commercially reasonable terms, or at all, HDFC Securities note added.

Should You Invest In Rail Vikas Nigam IPO?

Canara Bank Securities in a note to its clients recommends subscribing to the stock in the Rail Vikas Nigam IPO. As of March 31, 2018, the company had an EPS of Rs. 2.73 and NAV of Rs. 18.83.

“The company would trade at 6.96 times price to earnings ratio and 1.01 times its price to book value for FY18 earnings. We believe that the stock is fairly priced. One may subscribe to the IPO for long term gains,” Canara Bank Securities said in a note.

“However, there is uncertainty with regard to change in the government policy to reconsider the practice of giving railway projects/works on nomination basis to RVNL or to give projects/works to CPSUs through limited competitive tenders. The outcome may have bearing on size of the future order flow and margins. Nevertheless, RVNL commands better bidding prospects due to the proven past record,” the IPO note added.

At the higher end of the price band of Rs. 19, the issue is priced at price to earnings of 7 times (post dilution) on FY18 and 7.8 times on H1FY19 (annualized) basis, which we believe is reasonable as compared to closely listed peer IRCON International that trades at price to earnings of 9.1 times on FY18 basis. As of 31 Dec’18, Centrum Wealth Research said in a note.

1 COMMENT

Given the government’s focus on rail infrastructure spends (Metro, Port-Rail Connectivity, electrification etc), healthy order book, asset light model and reasonable valuation, we suggest that investors can subscribe to the issue from a long term perspective, Centrum added in the note.

Congress Won’t Get More Than 60 Seats In 2019 Polls: Piyush Goyal

Union Railways Minister Piyush Goyal on Saturday claimed that the Bharatiya Janata Party (BJP) will get over 300 seats in the upcoming Lok Sabha elections, while the Congress will be restricted to 60.

Speaking at an interaction session with FICCI Ladies Organisation in Hyderabad, Mr Goyal asserted that the BJP would win the upcoming elections with a clear majority.

Mr Goyal alleged that Priyanka Gandhi Vadra is plunging into politics just 60 days before the Lok Sabha elections with a sole aim to “bail out her failed elder brother” Congress president Rahul Gandhi.

“Nation needs more serious politicians than the fly-by-night ones,” he added.

Mr Goyal also claimed that a Ram Temple will be built at Ayodhya and accused Congress leader Kapil Sibal of creating hurdles to ensure that the Supreme Court doesn’t deliver its judgment soon in the matter.

Speaking about the Indian economy, Mr Goyal said, “We are strong on every parameter. From the most fragile economy status in 2014, we are the fastest growing economy today.”

He also referred to journalists as ‘Chowkidars’ of the government.

Indian Railway Releases Important Notice For RRB Group D Fee Refund Process

Indian Railway has released an important update about RRB Group D recruitment which was announced last year. RRB Group D result for Computer-based test has already been announced and now RRBs will begin the fee refund process. RRBs would refund examination fee to the candidates who had attended CBT for RRB Group D postsadvertised in 2018. RRB Group D exam was conducted from September 2018 to December 2018.

Though candidates had provided bank details at the time of RRB Group D application, it has come to the notice of the boards that the refund was not successful/could not be initiated for many candidates due to following reason(s):

a) Incorrect bank details furnished by candidates such as incorrect account number, incorrect IFSC code of the bank branch, filling up of customer ID in place of account number etc.

b) Same account number furnished for large number of candidates.

c) Account number not provided by the candidates.

RRBs will provide such candidates another opportunity to correct their bank account details.

“Accordingly an Update Bank Account Link will be provided on the official websites of RRBs which will be live from 22/03/2019 to 28/03/2019. SMS and email will also be sent to these candidates on 22/03/2019 to correct/provide their correct Bank Account Details.”

The link to correct bank details will be activated on RRB official website on March 22, 2019. Candidates should make sure that they submit correct Bank Account Number and IFSC Code because modification in the bank details will not be possible after submission.

Indian Railway Amends Selection Process For RRB Group D 2019 Recruitment

RRB Group D 2019: RRB Group D 2019/ RRC Group D 2019 application began on March 12, 2019. There are more than 1,00,000 group D vacancies. Indian Railway had released the detailed advertisement for RRC Group D recruitment on March 11, 2019 and has now made some amendments in the same. The changes have been made to registration process details and selection process details.

RRB Group D 2019: Registration Process Made Easy

 

Candidates who were earlier facing problem in registering for the RRB Group D 2019 recruitment can find relief with the amendment. In one of the steps for registration, candidates have to provide their registration number for SSLC/Matric/ITI/NAC qualification. However, the registration number may not be provided on the certificate for some candidates. Such candidates can provide their roll number instead while registration for the RRB Group D 2019 recruitment.

The amendment says,

“NOTE :- 1. During process of Online registration of application, candidates may enter Roll Number in place of Registration Number, if it is not available in their SSLC/Matric certificate/mark sheet. Similarly, candidates with ITI/NAC qualification alone may enter Roll Number in place of Registration Number, if it is not available in their ITI/NAC certificate/mark sheet.

2. Candidates must bring the same certificate during Document Verification whose Registration Number or Roll Number has been filled up while making Online registration and application.”

RRC Group D 2019 Recruitment: Who Qualifies For EWS Category Reservation

RRB Group D 2019 Selection Process: Change In PET Pattern

 

Indian Railway has also made changes to the RRB Group D /RRC Level 1 selection process. In the detailed advertisement released earlier, it is said that candidates who qualify in the RRB Group D Computer Based Test (CBT), will have to appear for Physical Efficiency Test (PET). As per the RRB Group D PET requirements, candidate should be able to lift and carry weight for a specified distance, and be able to run for a specified distance within a given time (weight and distance are different for male and female candidates).

After the amendment, now candidates will be tested for their ability to lift and carry weight for a specified distance in a specified time and they will be allowed in the running test only if they qualify in the ‘lift and carry’ round. Between the two rounds, they will be given some recovery time gap.

The amendment notice says,

“The Physical Efficiency Test (PET) consists of two stages. To ensure uniformity, candidates will be tested for Carrying of Weight to specified distance in specified time first and if successful in this test, for the Running Test after a recovery gap. Failing in the first Test, i.e. Weight carrying will mean elimination at that stage itself. The Weight carrying test will involve lifting a sand bag (without any handle) from a bench/platform at around waist height and carrying it in whichever manner candidate wants to carry above the ground till the destination point without dropping the sandbag on ground.”

All other aspects of the RRB Group D 2019 detailed advertisement remain same.

 

Railway Offers Concession On Ticket Prices To 53 Categories: All You Need To Know

Indian Railways offer concessions on ticket prices to different categories, the quantum of which ranges from 10 per cent to 100 per cent. The reductions in fares are available for senior citizens, disabled passengers, students, war widows, patients, among others. IRCTC (Indian Railways Catering and Tourism Corporation), the online ticketing platform of Indian Railways, offers concession on senior citizen tickets only. Other concession tickets can be availed at the Passenger Reservation System (PRS) counters at any railway reservation office, according to Indian Railways’ website- indianrail.gov.in.

Here are 10 things to know about Indian Railways’ ticket concessions:

1. All concessional fares are calculated on the basis of fares for mail/express trains irrespective of the type of train, i.e. mail or express or passenger, by which the passenger travels, according to Indian Railways.

2. Only one type of concession is admissible at a time at the choice of passenger and no person is allowed two or more concessions simultaneously.

3. All types of concessions can be availed only when tickets are purchased across the counter at stations and reservation/ booking offices etc. No one is granted concession on the train.

4. The holder of a concession ticket is not permitted to change the ticket to a higher class even by paying the difference of actual fares.

5.  However, the categories of people eligible for concession in first class (and not in AC 2-tier) can purchase tickets for AC 2-tier sleeper also on payment of the first class concessional fare plus difference of actual fares of AC 2-tier sleeper & first class, noted Indian Railways.

6. Except senior citizens, concessions on Indian Railways tickets are admissible only on production of the requisite certificate from the concerned person/organization. The documents issued by persons/organizations in other countries are not considered valid for the purpose of concession in India, according to railway’s website.

7. In the case of senior citizens, no proof of age is required at the time of purchasing tickets.

8. Break of journey en-route is not allowed on a concession ticket for a journey for a specific purpose. It is allowed only where a break of journey is a natural event.

9. Concession is not admissible for a journey where the cost of travel is borne by central/state governments/ local bodies/ corporations or government undertakings, universities, etc.

10. In case where concessional single/return journey tickets or season tickets or circular journey tickets are to be issued for two or more persons, the concessional fare is calculated separately for each person.