Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: 4.8
Article rating: 5.0
Article rating: 3.0
Article rating: No rating
Article rating: 5.0
Article rating: No rating
Article rating: No rating
Article rating: 4.5
Article rating: No rating
Article rating: No rating
Article rating: 4.2
Article rating: 5.0
Article rating: 4.0
Article rating: No rating
Article rating: No rating


Railways to undergo massive structural reforms: Lohani

Author: IANS/Friday, October 27, 2017/Categories: Infrastructure

Railways to undergo massive structural reforms: Lohani

New Delhi, Oct 26 - Railway Board Chairman Ashwani Lohani on October 26 said that the railways would shortly undergo massive structural and processes based reforms.

Lohani was speaking at a panel discussion -- "Imperatives and Impediments to Growth: GST, Logistics, Infrastructure and Transportation" which was held here during the 112th annual session of the PHD Chamber of Commerce and Industry. 

The Railway Board Chairman pointed out that consolidation and growth would simultaneously happen in the railways with the aforesaid structural and processes reforms which were unfortunately neglected in the past.

"We are looking very aggressively at addressing all of these (processes and infrastructure gaps)," Lohani said.

According to Lohani, railways is also working to address infrastructural issues so that it can meet the surge in demand and to improve the average speeds of passenger and freight trains.

He suggested that the best way to bring in efficiencies in railways would be through generating competitive spirit within the organisation which has already begun to happen.

Print Rate this article:
No rating

Number of views (185)/Comments (0)

Kavita Giridhar Mallya


Other posts by IANS
Contact author

Leave a comment

Add comment



Ask the Finapolis.

I'm not a robot
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest



The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free