1. Safety; 2. Consolidation; 3. Passenger Amenities; 4. Fiscal Discipline.
Some Achievements / Initiatives
* Indian Railway enters the one billion (100 Crore) tonne Select Club joining Chinese, Russian and US Railways;
* Indian Railway also joins Select Club running freight trains of more than 10000 tonne load;
‘Fuel Adjustment Component’ concept to be implemented linking tariffs with movement of fuel prices;
* Target of Rs 1000 crore each fixed for Rail Land Development Authority and IR Station Development Corporation to be raised through PPP in 2013-14;
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New fund – Debt Service Fund – to be set up to meet committed liabilities of debt servicing for WB and JICA loans for DFC and other future liabilities.
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