The Central Government has decided to develop 50 railway stations in Assam under the Amrit Bharat Station Scheme under the Ministry of Railways, which has already...
IRCON International Limited for and on behalf of Northeast Frontier Railway (NFR) has invited online bids in Two Packet system for execution of the work “Design,...
NEW DELHI, March 16 - Cutting across political affiliations, the MPs belonging to the North East have demanded development of the rail infrastructure in the region...
NE Rly projects are mostly with extremely low financial rate of returns (many are negative) are already fast tracked, and atleast 10% of fund is being spent on NE states since decades. Most of the loss making projects are getting annual allocation in several hundreds of crores of Rs where as large number of highly profitable projects in rest of India are getting meagre allocations. Allocating a bigger chunk will put IR on the quick path of financial bankruptcy. This is because, once these projects gets commissioned they will start inflicting operational losses and IR shall be forced to take more and more loans from market at high interests to pay for these losses in addition to repayment of loans taken to implement the projects. -... more...
As a person moves higher up in the ladder of authority and power, financial prudence become more and more essential. IF our honorable MPs standing at very high level on the ladder of our nation put demands (probably to appease their constituencies) without giving a thought on the financial consequences of their fulfilment, future of IR/India is not good.
JORHAT, Feb 16 - To provide latest information about tours and travels through Indian Railways, the North East Frontier Railway displayed several informative documents, films and...
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