Suresh Prabhu - Electronic Gurudev

Air India Chairman and Managing Director Ashwani Lohani was today appointed chairman of the Railway Board after the incumbent A K Mital resigned from the post, officials said. The announcement by the Appointments Committee of the Cabinet came hours after Union Railway Minister Suresh Prabhu indicated that he had offered his resignation to Prime Minister Narendra Modi following the recent train accidents. “Necessary communication in this regard has been sent to the Ministry of Railways,” the committee said. Mital had tendered his resignation to Prabhu last evening and it was accepted today morning, sources said. Lohani, an officer of the railway mechanical service, had served earlier as the Divisional Regional Manager of Delhi. He was also ITDC chairman as well as the director of the ...

The central government is spending huge amounts to modernize infrastructure, particularly in the railways sector to push growth, Railways Minister Suresh Prabhu said today. He said the government will invest more in railways this year as compared to the previous years. “Railways used to put Rs 30,000- Rs 40,000 crore in a year into railway infrastructure…We increase the investment to Rs 1 lakh crore. Last year, it was Rs 1.21 lakh crore and this year, it will be definitely higher…almost Rs 3 lakh crore has been invested in the span of two-and-half years,” he said. These investments are in addition to whatever the ministry allocates out of the budget and by giving contracts to different agencies, the minister said. He said these huge investments in infrastructure and the new indir...

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Air India CMD Lohani has been appointed as chairman of Railway Board

Government of India has increased investment in railways, infrastructure: Suresh Prabhu