Often called the lifeline of the nation, the Indian Railways, of late, has been reeling under challenges, primarily due to inadequate investments in upgradation and modernisation of infrastructure. This resulted in the Ministry of Railways launching an ambitious investment plan of Rs 8,560 billion for fiscals 2016-2020. The Railway Budget 2019-20 saw overall allocation towards railways increasing to Rs 1,608 billion vis-à-vis Rs 1,038 billion in fiscal 2018. The considerable increase in total investment outlay with budgetary support of ~40%, underscores the government’s vision to transform the Indian Railways.
The investments and initiatives of the Ministry of Railways for transformation of railways are multipronged, cutting across various facets of railway transportation. The focus areas include enhanced safety, technological improvement and development, infrastructure augmentation and development, improvement of passenger services, customer centric freight policy, energy efficiency, and research and development. Safety has been given utmost importance as highlighted by an increase of 138% in expenditure on safety related activities in fiscal 2019 from fiscal 2010.
With these initiatives underway, the Indian Railways
is bound to see a radical transformation in
the coming years, which will also accelerate India’s
About Rail India Conference and Expo
Rail India Conference and Expo organized by Messe Frankfurt India steps up to its 5th edition with an aim to create an ideal platform for the active exchange of knowledge and expertise between top authorities, decision makers, industry stakeholders, experts and professionals in the railway sector. It enables participants to network with peers from across the world to exchange ideas, build contacts and create strong business partnerships. The event is going to take place on 28th – 29th May at Hotel, The Lalit, New Delhi.
The programme would focus on the future plans and vision of the Indian Railways, technological advancements, indigenous manufacturing, modernisation drive, partnership opportunities and adoption of best practices in the railway sector. The conference shall also feature a mini expo for the complete two days event, offering an opportunity to the exhibitors to showcase their products and technologies to the senior industry professionals and relevant target audience.
THE LALIT, NEW DELHI
Near Barakhamba Road, Polic Station, Connaught Place, New Delhi - 110001
Event Days: Thursday, Friday
Event Date: 28 — 29 May 2020
Start Time: 9.00 am
End Time: 5.00 pm