Indian Railways set to modernize with ₹10-12 lakh crore funding over 5 years

Indian Railways is prepared with a 100-day plan post-elections 2024. It features a deal with varied passenger-friendly measures, like a 24-hour ticket refund scheme, a complete tremendous App for varied railways amenities, three financial corridors and sleeper Vande Bharat trains, authorities officers advised ANI.

The brand new ticket refund scheme will guarantee refunds inside 24 hours and can change the present three days to one-week refund course of.

Railways will launch a complete ‘tremendous App’, it should have all railways-related amenities from reserving and cancelling tickets to stay monitoring of trains and for bookings for meals in trains.

• Additionally learn: ₹2-lakh-cr devoted freight corridors on monitor

The 100-day agenda of the brand new authorities for Railways additionally consists of, an insurance coverage scheme for all rail passengers known as “PM Rail Yatri Bima Yojana”.

The modernization plan of railways consists of an funding of ₹10 to 12 lakh crore over the following 5 years for remodeling Railways with fashionable world-class amenities.

Vande Bharat trains shall be launched throughout India in three classes, Vande metro on routes of lower than 100 kms, Vande chair automotive on 100 to 550 kms routes and Vande Sleeper for routes of over 550 kms.

At present, Vande Bharat trains are working on almost 50 routes throughout India.

The Ahmedabad-Mumbai bullet prepare shall be operationalized by April 2029 and the feasibility examine shall be finished for 3 extra bullet prepare initiatives in North, South and East India.

• Additionally learn: At 1,591 mt, Railways achieves highest-ever freight loading in FY24

The Railways have deliberate for 3 financial corridors spanning over 40,000 kms, with an funding of over ₹10 lakh crore.

Over 1,300 railways stations shall be modernized with non-public participation. The reworked stations may have world-class facilities like procuring malls and airport-like ready lounges.

Metro networks shall be expanded in additional city cities. At present, metro is working or work initiated in 20 city cities.

Extra high-frequency trains just like the RAPID rail are deliberate, and the one between Delhi and Meerut is partially launched.

In a gathering chaired by the cupboard secretary held on Friday, the place totally different ministries and departments of the federal government offered their 100-day agenda after the formation of the brand new authorities.