Agreement signed between India, China to enhance rail cooperation

Last Updated: Sunday, May 17, 2015, 01:08

Union Railway Minister Suresh Prabhu on Saturday said that during Prime Minister Narendra Modi's visit to China an agreement to enhance cooperation in the railway sector was signed between the two countries.

GST will make India single largest market globally: S Prabhu

Last Updated: Tuesday, May 12, 2015, 15:31

Pitching for support from political parties on the goods and service tax, Railways Minister Suresh Prabhu on Tuesday said the comprehensive indirect tax reform will make India single largest market in the world.

Increase R&D spending to 4% of GDP, says Prabhu

Last Updated: Saturday, May 9, 2015, 22:18

If India is to expand business and innovate, the spending on Research and Development (R&D) should be raised to four percent from existing one percent of the GDP, Railway Minister Suresh Prabhu said on Saturday .

Railways to have a regulatory body on lines of telecom sector

Last Updated: Monday, May 4, 2015, 18:05

Railways has initiated the process for setting up of a regulatory body on the lines of telecom sector, said Union Minister Suresh Prabhu who has asked the NITI Ayog Chairman to prepare the roadmap for it.

Regulatory body required for private participation: Suresh Prabhu

Last Updated: Monday, May 4, 2015, 12:58

He further said, "Arvind Pangarayia has been requested to suggest a road map. He is independent, very intellectual, very competent and also part of our system as he is vice chairperson in NITI Ayog.

Railways in existential crisis but no stock market route: Suresh Prabhu

Last Updated: Sunday, April 26, 2015, 15:18

"Railways lost traffic to road. It is because you make investment three to four times higher in road than railways. You have systematically ignored rail favouring road. Now it has become an existential crisis for railways.

States to be involved in execution of rail projects: Prabhu

Last Updated: Tuesday, April 21, 2015, 23:02

With an aim of making railways an engine of growth, Railway Minister Suresh Prabhu Tuesday vowed d to involve states in execution of projects as he pitched for big investments for the turnaround of the "bleeding" and "sinking" largest transporter of the country.

Indian Railways need to reinvent itself, says panel

Last Updated: Monday, April 20, 2015, 19:21

With the resource crunch severely eroding the financial credibility of railways, a Parliamentary panel Monday suggested the government should ensure that the proposed five-year investment plan serves as a stimulus package to assist the public transporter in its turnaround.

Suresh Prabhu advocates use of solar, wind energy

Last Updated: Monday, April 20, 2015, 12:59

Cautioning against harmful effects of greenhouse gases due to fossil fuel use, Railway Minister Suresh Prabhu has advocated a paradigm shift in the energy scenario through the use of alternative energy like solar and wind power.

Need to relook and bring changes in Indian Railways: Prabhu

Last Updated: Monday, April 13, 2015, 20:14

Railway Minister Suresh Prabhu on Monday called for "relook" and "changes" in the Indian Railways for its smooth run in the future.

Transparent system for private investment in railways: Suresh Prabhu

Last Updated: Friday, March 27, 2015, 19:13

He ruled out privatisation of railways but said private capital is required to improve the services of the public transporter and make it financially strong.