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Indian Railways
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LOGO OF Indian railway
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ROLL NO. NAME 5174 RAHUL AJABIYA 5175 JAY KANTHALIYA 5176 HEMLATA KAPADIYA 5178 RONAK LATHIYA 5181 HEENA MODI 5182 VINAY NAVLAKHA 5184 RACHANA PANCHAL 5185 MANAN PANDYA 5186 BANSARI PARMAR 5187 CHIRAG PARMAR 5188 DRIPAL PATEL 5189 HETAL PATEL
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Topics are… HISTORY OF INDIAN RAILWAY DETAILS OF INDIAN RAILWAY
PUBLIC RELATION OF INDIAN RAILWAY FINANCIAL MANAGEMENT OF INDIAN RAILWAY
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HISTORY OF “INDIAN RAILWAY”
No one can deny the part the British played in creating the Indian Railways. They envisioned it, planned it, engineered it and instructed the poor Indian laborers how to build it. There is a common misconception that the British “gifted” India the Railways.
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India's first train run between Mumbai and Thane
Indian Railways is one of the largest Railways in the world. Introduced in 1853 the Railway net work in India spread and expanded rapidly and has become the principal mode of transport in the country. In 1853, the first passenger train between Bori Bunber, Bombay and Thana covering a distance of 34 kms. was inaugurated, which formally gave a birth of Railways in India. In 1895, India had started building its own locomotives. In 1907, for the first time in its history, the Railways began to make a tidy profit and almost all the rail companies were taken over by the government.
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Indian Railway consists of,
Indian Railway consists of an extensive net work spread over 109,221 Km, covering 6906 stations. Indian Railway consists of, Indian Railways has nearly 1,19,984 bridges of which 9792 are major bridges. In , 1151 bridges were rehabilitated. Truck gauge 1676 mm; 1000 mm; 762 mm; 610 mm Electrification 21,500 km Length 65,000 km
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DETAILS OF INDIAN RAILWAY
Railway Minister: Pavan kumar Bansal , Union Cabinet Railway minister of Gujarat: Naranbhai J Rathwa. Type : Government-owned corporation Industry : Railways Founded : 16 April 1853 Headquarters : New Delhi , India Area served : India Services : Passenger railway freight services Parcel carrier Catering and Tourism Service parking lot operations other related services Revenue : 106,647 crore (US$19.41 billion) (2011–12) Net Income : 14,500 crore (US$2.64 billion) (2012–13) Owner(s) : Government of India (100%) Employees : 1.4 million (2011) Parent : Ministry of Railways through Railway Board (India) Divisions : 17 Railway Zones
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Authority Ministry of Railways (Railway Board)
Zones Central Railway Northern Railway East Central Railway South Central Railway East Coast Railway South East Central Railway Eastern Railway North Central Railway South Eastern Railway North Eastern Railway South Western Railway North Western Railway Southern Railway Northeast Frontier Railway West Central Railway Western Railway
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2.Production Units Chittaranjan Locomotive Works
Diesel Locomotive Works Diesel-Loco Modernisation Works Integral Coach Factory Rail Coach Factory Rail Wheel Factory Rail Spring Karkhana
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3. Subsidiaries Bharat Wagon and Engineering Co. Ltd
Centre for Railway Information Systems (CRIS) Container Corporation of India Ltd. (CONCOR) Dedicated Freight Corridor Corporation of India (DFCCIL) Indian Railway Finance Corporation (IRFC) Indian Railway Catering and Tourism Corporation (IRCTC) Indian Railway Construction Ltd.(IRCON) International Konkan Railway Corporation Ltd. (KRCL) Mumbai Railway Vikas Corporation (MRVC) Rail Vikas Nigam Limited Railtel Corporation of India (Rail Tel) Rail India Technical and Economic Services Ltd. (RITES)
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4. Autonomous Organizations
Central Organization for Railway Electrification Central Organization For Modernization of Workshops Research Design and Standards Organization Centre for Railway Information Systems (CRIS) Railway Recruitment Control Board Rail Land Development Authority
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5. Training Institutes Indian Railway Institute of Transportation Management Indian Railway Institute of Civil Engineering Indian Railway Institute of Signal Engineering and Telecommunications Indian Railways Institute of Mechanical and Electrical Engineering Indian Railway Institute of Electrical Engineering RPF Academy Railway Staff College
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6. Network Chennai Suburban Railway Konkan Railway
Golden I.T. Corridor Chennai MRTS Howrah–Delhi main line Darjeeling Himalayan Railway Grand Chord Sahibganj Loop Delhi Suburban Railway Howrah–Allahabad–Mumbai line Hyderabad MMTS Kashmir Railway Howrah–Nagpur–Mumbai line Kalka–Shimla Railway Kolkata Suburban Railway Mumbai Suburban Railway Kolkata Metro Nilgiri Mountain Railway
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7. Services Express Trains Royal Rajasthan on Wheels Fast Passenger
Rajdhani Superfast/Mail Shatabdi Express Deccan Odyssey Sampark Kranti Express Duronto Garib Rath The Golden Chariot Jan Shatabdi Express Lifeline Express Maharaja Express Red Ribbon Express Palace on Wheels
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8. Related templates Railways in Western India
Railways in Central India Railways in Southern India Railways in the North-east and Eastern India High-speed rail in India Rapid transit in India
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9. Employees All India Station Masters' Association (AISMA)
All India Railway Employees’ Confederation (AIREC)
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INDIAN RAILWAY INDUSTRY
Size of the Industry Indian Railways operates 7,566 locomotives,37,840 Coach vehicles and 222,147 freight wagons. There are a total of 6,853 stations; 300 yards; 2,300 goods-sheds; 700 repair shops and a total workforce of 1.54 million Geographical distribution Mumbai (Bombay), Chennai (Madras), Kolkata (Calcutta), Delhi, Hyderabad and Pune Output per annum Revenue to Rs 57, crore Market capitalization 2.3% of GDP
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PUBLIC RELATION OF INDIAN RAILWAY
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TYPES OF PASSENGER SERVICES
TRAIN DESCRIPTION Duronto Express These are the non-stop (except for operational stops) point to point rail services introduced for the first time in They connect the metros and major state capitals of India and are faster than Rajdhani Express. They provide first AC, two-tier AC and three-tier AC accommodation. Some of them provide Sleeper Class accommodation. Rajdhani Express These are air-conditioned trains linking major cities to New Delhi. They have high priority and are one of the fastest trains in India, travelling at about 130 km/h (82 mph). They have only a few stops. Shatabdi Express The Shatabdi trains are air-conditioned intercity trains for travel during day. They have seats and executive class seats. Some of them 3-tier AC berths. They are the fastest trains in India, travelling at about 140 km/h.
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TRAIN DESCRIPTION Garib Rath Air-conditioned no-frills trains with seats and 3-tier Economy AC berths. The maximum speed is 130 km/h. Jan Shatabdi Express Jan Shatabdi Express are a more affordable variety of the Shatabdi Express, which have both AC and non-AC classes. The maximum speed is 130 km/h. Superfast Express/Mail These are trains that have an average speed greater than 55 km/h (34 mph). Tickets for these trains have an additional superfast surcharge. Express These are the most common kind of trains in India. They have more stops than their super-fast counterparts, but they stop only at relatively important intermediate stations.
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TRAIN DESCRIPTION Passenger and Fast Passenger
These are slow trains that stop at most stations along the route and are the cheapest trains. The trains generally have unreserved seating accommodation but some night trains have sleeper and 3-tier AC compartments. Suburban trains These trains operate in the urban areas of Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Pune and between Kanpur & Lucknow, usually stop at all stations and have unreserved seating accommodation. Metros and Monorails These trains are designed for city transport in metro cities of India.
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Accommodation classes
Indian Railways has several classes of travel with or without air-conditioning. A train may have just one or many classes of travel. Slow passenger trains have only unreserved seating class whereas Rajdhani, Duronto and Shatabdi trains have only air-conditioned classes. The fares for all classes are different with unreserved seating class being the cheapest. A standard passenger rake generally has four unreserved (also called "general") compartments, two at the front and two at the end, of which one may be exclusively for ladies. The exact number of other coaches varies according to the demand and the route. A luggage compartment can also exist at the front or the back. In some mail trains a separate mail coach is attached. Lavatories are communal and feature both the Indian style as well as the Western style.
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The following table lists the classes in operation
The following table lists the classes in operation. A train may not have all these classes. CLASS DESCRIPTION 1A First class AC: This is the most expensive class, where the fares are almost at par with air fare. There are eight cabins (including two coupes) in the full AC First Class coach and three cabins (including one coupe) in the half AC First Class coach. The coach has an attendant to help the passengers. Bedding is included with the fare in IR. This air conditioned coach is present only on popular routes and can carry 18 passengers (full coach) or 10 passengers (half coach). The sleeper berths are extremely wide and spacious. The coaches are carpeted, have sleeping accommodation and have privacy features like personal coupes. This class is available on broad gauge and meter gauge trains. 2A AC-Two tier: These air-conditioned coaches have sleeping berths across eight bays. Berths are usually arranged in two tiers in bays of six, four across the width of the coach and two berths long ways on the other side of the corridor, with curtains along the gangway or corridor. Bedding is included with the fare. A broad gauge coach can carry 48 passengers (full coach) or 20 passengers (half coach). This class is available on broad gauge and metre gauge trains. FC First class: Same as 1 AC but without air conditioning. No bedding is available in this class. The berths are wide and spacious. There is a coach attendant to help the passengers. This class has been phased out on most of the trains and is rare to find. However narrow gauge trains to hill stations have this class.
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CLASS DESCRIPTION 3A AC three tier: Air conditioned coaches with 64 sleeping berths. Berths are usually arranged as in 2 AC but with three tiers across the width and two long ways as before giving eight bays of eight. They are slightly less well-appointed, usually no reading lights or curtained off gangways. Bedding is included with fare. It carries 64 passengers in broad gauge. This class is available only on broad gauge. 3E AC three tier (Economy): Air conditioned coaches with sleeping berths, present in Garib Rath Trains. Berths are usually arranged as in 3 AC but with three tiers across the width and three long ways. They are slightly less well-appointed, usually no reading lights or curtained off gangways. Bedding is not included with fare. CC AC chair car: An air-conditioned seater coach with a total of five seats in a row used for day travel between cities. EC Executive class chair car: An air-conditioned coach with large spacious seats and legroom. It has a total of four seats in a row used for day travel between cities. This class of travel is only available on Shatabdi Express trains. SL Sleeper class: The sleeper class is the most common coach on IR, and usually ten or more coaches could be attached. These are regular sleeping coaches with three berths vertically stacked. In broad gauge, it carries 72 passengers per coach. 2S Seater class: same as AC Chair car, but with bench style seats and without the air-conditioning. These may be reserved in advance or may be unreserved. UR Unreserved: The cheapest accommodation. The seats are usually made up of pressed wood in older coaches but cushioned seats are found in new coaches. These coaches are usually over-crowded and a seat is not guaranteed. Tickets are issued in advance for a minimum journey of more than 24 hours. Tickets issued are valid on any train on the same route if boarded within 24 hours of buying the ticket.
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FACILITIES PROVIDED BY THE INDIAN RAILWAY TO THE PASSENGERS
RESERVATION: Provision of computerized reservation facilities at all stations with a workload of 300 reservation related transaction. It has opened adequate number of counters to ensure reduced waiting time. BOOKING: Opening of ticket booking counters with adequate working hours to facilitate issue of tickets to the public. The working hours will be clearly displayed at the counters
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REFUNDS : As far as possible, refunds would be made across the counter, provided the ticket is surrendered within the specified time limit. Such refunds can be obtained at the coumputerised counters of any station provided it is linked with the ticket issuing station and the ticket is presented within the prescribed limit. In case of failure of air-conditioning equipment, difference of fare between air-conditioned and non air-conditioned class of travel for the portion traveled without air-conditioning shall be refunded for which a Certificate may be obtained from Guard/TTE. Station Masters of certain important stations/reservation offices have been granted special discretionary powers to grant refund on used tickets issued from their stations where refund is not admissible at the station due to expiry of the time limits prescribed in the rules. The list of stations, where this facility is available, is published in the respective Zonal Railway Timetable. In case where refund is not permissible across the counter, the Railway Administration shall provide the passenger with a Ticket Deposit Receipt. Refund as admissible in such cases will ordinarily be settled within 90 days of the submission of the claim
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SPECIAL TRAINS: LOST, TORN OR MUTILATED TICKETS:
It gives information in advance through media for special trains on special occasions. LOST, TORN OR MUTILATED TICKETS: 1.No claim for refund is entertained by Indian Railways in case of lost or misplaced tickets. 2.Refund of fare will be granted in respect of a torn or mutilated ticket if the authenticity is verifiable on the basis of the particulars visible on the face of the ticket. 3.If the ticket is confirmed/RAC, the Railways may permit travel on the same reservation, on payment of charges fixedfrom time to time.
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ENQUIRY AND INFORMATION:
Railway Timetables provide information for different trains, computerized Interactive Voice Response System is also available at important stations. The position of running of trains will be updated regularly and announced on the Public Address System at important stations and also made available on telephone or personal enquiries.
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Cleanliness and Hygiene
To bring about improvement in en-route cleaning of trains, a new scheme ‘Clean Train Stations’ has been launched to provide mechanized cleaning to passing through trains during their halts at selected stations. 28 such Clean Train Stations have been made operational so far. ‘On Board House Keeping Service’ scheme has also been launched by the Railways in about 286 Mail/Express trains to carry out frequent on board cleaning of Mail/Express coaches through professional agencies.
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Customer Care IR imparted training to 1,473 staff during which included frontline staff like Station Superintendents, Deputy Station Superintendents, On-Board support staff viz., Train Examiners, Travelling Ticket Examiners, Railway Protection Force and those manning Enquiry, Reservation, Booking, Parcel Office, “May I Help You” counters with a view to improve their inter-personal skills and to equip them to deal with the rail customers in a better manner. The programme also aims at increasing the performance level of employees by sensitizing them to the needs of the customers.
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Setting up of mechanized laundry for washing of linen
Setting up of mechanized laundry for washing of linen Zonal Railways have identified 52 locations to set up the state-of-the-art fully mechanized departmental laundry to improve the standard of cleanliness and hygiene in the linen being supplied to the passengers in the trains. 10 such laundries have been commissioned so far.
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Catering A new Catering Policy 2010 has
been introduced which has revised the role of agency for management of catering services on IR. IRCTC would continue to be a service provider to the IR and shall be responsible for managing the premium and high end outlets like Food Plazas, Food Courts and Fast Food Units including institutional catering outside the Railways. 86 Food Plazas/Fast Food Units and 820 Automatic Vending Machines were also functional over IR. To provide low cost wholesome food and regional cuisine to common passengers, 32 Jan Ahaar outlets were commissioned at various stations.
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CONCESSIONS Handy information pamphlets in local languages containing details of different types of concessions to which passengers are eligible and other relevant passenger information will be made available at Book Stalls and Railway Counters on payment of nominal charges. PASSENGER AMENITIES Basic facilities like booking arrangements, waiting hall. Benches lighting, drinking water, platform, urinals, and shady trees shall be available at all the regular stations. On board a train, lighting and fans, cushioned berths, toilets, reservation charts and destination board will be available. TTEs/Conductors, etc. shall also be available to attend to complaints/grievances.
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PUBLIC GRIEVANCES THEFT OF LUGGAGE
Railway Administration would ordinarily reply to the complainant within 90 days, where detailed enquiries are not required to be made and within 120 days, in case of complaints where detailed enquiries are warranted. THEFT OF LUGGAGE A Prescribed FIR Form is available in the Timetable or with TTEs/Guards or GRP escort. After filling it up, the Form may be handed over to one of the officials’ viz., TTE, Guard or GRP escort for registration of the report at the next Police Station.
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Mayur Mahal – Maharaja Express
Deluxe Twin Bedroom – Maharaja Express.
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T.V. set in the passenger seats of Shatabdi Express, Northern Railway
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Post tickets
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PASSENGER BUSINESS SEGMENT
Towards high speed travel. improved passenger traffic co-operations. Shatabdi/Rajdhani trains to run with latest technology coaches. Introduction of Public Address Systems on important trains. Integrated and Extended National Train Enquiry System. Improved safety features in coaches - Internal and External crashworthiness, Expansion of Computerized Passenger Reservation System. Expansion of Computerized Unreserved Ticketing System. anti- climbing features and use of fire retardant material in coaches. Indian railway also promote Consumer Protection Act Computerization of Parcel Management System. Online ticket booking on the website. Modern and environment friendly toilets in coaches. Customer care number ----to find or ask any information about railway Mechanized cleaning of Stations. Mechanized cleaning of Coaches. Extension of Coaching Operations Information System (CO IS) for timing, railway platform, etc.,
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WEBSITE: For any information related to INDIAN RAILWAY one can go www
WEBSITE: For any information related to INDIAN RAILWAY one can go
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Latest developments 1) The Darjeeling Himalayan Railway, a narrow gauge train with a steam locomotive is classified as a World Heritage Site by UNESCO. The route starts at Siliguri in the plains in West Bengal and traverses tea gardens en route to Darjeeling, a hill station at an elevation of 2,134 meters (7,000 ft).
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DARJEELING HIMALAYAN RAILWAY
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2) UNESCO has classified Nilgiri Hills in southern India, the Nilgiri Mountain Railway (NMR) as a World Heritage.
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3) In Rajasthan it is the Palace on Wheels which is a specially designed train, lugged by a steam engine, for promoting tourism in the state. The Palace on Wheels comprises of 14 fully air-conditioned deluxe saloons, equipped with world class amenities to enhance the pleasure of traveling.
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4) The efforts of Maharashtra government had made a way to introduce the Deccan Odyssey along the Konkan route. The next journey of the Deccan Odyssey, a luxurious and expensive five-star train, will offer commuters a 25% discount. Maharashtra Tourism Development Corporation (MTDC) has offered the sop to attract rich Indian travellers.
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The 10 fully air-conditioned deluxe cabins train has all the five-star hotel facilities such as four twin-bedded chambers and two presidential suites. It has a bar, business centre and other amenities apart from entertainment, sauna and laundry services round the clock. Deccan Odyssey has announced its two confirmed departures for the 2012 festive season of Christmas. This announcement made by the train authorities brought a radiant smile on the faces of the travelers all around the world.
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5) Then there is even the Samjhauta Express a train that runs between India and Pakistan. However, in 2001 the hostilities between the two nations saw the line being closed, though it is scheduled to be opened soon.
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6) "Hospital-on-Wheels" Lifeline Express is a special train which provides healthcare to the rural areas. The train has a compartment that serves as an operating room, a second one which serves as a storeroom and an additional two that serve as a patient ward. The train travels around the country, staying at a location for about two months before moving elsewhere.
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7) The Chatrapati Shivaji Terminus (formerly Victoria Terminus) railway station in Mumbai is another World Heritage Site operated by Indian Railways classified by UNESCO. Chhatrapati Shivaji Terminus, formerly known as Victoria Terminus, is the most important train station in the city andin the railway network spread across Mumbai.
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8) Mumbai Rajdhani Express
8) Mumbai Rajdhani Express. Rajdhanis are long-distance high-speed and high-priority trains connecting major state capitals with New Delhi.
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9) Secunderabad Yeshwanthpur Garib-Rath Express
9) Secunderabad Yeshwanthpur Garib-Rath Express. Garib-Rath's are low cost A/c trains
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10) Interior of a First Class(1A) compartment in the Rajdhani Express
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11.) Air-conditioned Chair Car (CC) coaches in an Shatabdi Express.
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12.)Interior of an air-conditioned Chair Car coach(CC) in an Jan Shatabdi Express.
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13)Pamban Railway Bridge that links Rameshwaram to the mainland
13)Pamban Railway Bridge that links Rameshwaram to the mainland. Thousands of pilgrims cross the sea every day to visit the island.
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14) Kalka-Shimla Railway, a narrow gauge railway in the Shivalik mountains in Himachal Pradesh. In 2003 the railway was featured in the Guinness Book of World Records for offering the steepest rise in altitude in the space of 96 kilometre. 15) Vivek Express, between Dibrugarh and Kanyakumari, has the longest run in terms of distance and time on Indian Railways network. It covers 4,286 km (2,663 mi) in about 82 hours and 30 minutes. 16) Himsagar Express, between Kanyakumari and Jammu Tawi, has the second longest run in terms of distance and time on Indian Railways network. It covers 3,715 km (2,308 mi) in about 69 hours and 30 minutes. The Bhopal Shatabdi Express is the fastest train in India today having a maximum speed of 150 km/h (93 mph) on the Faridabad–Agra section. The fastest speed attained by any train is 184 km/h (114 mph) in 2000 during test runs.
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17) The third longest train in terms of distance on Indian Railways network is Navyug express between Jammu tawi to Mangalore covering a distance of 3609 km. 18) Trivandrum Rajdhani is the longest non stop train in on Indian Railways network covering 528 km.
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19) RCF rolls out country's first double-decker rake
19) RCF rolls out country's first double-decker rake. RCF has offered this rake comprising eight double-decker and two power car coaches to Eastern Railway Kolkata as the first AC double-decker train will run between Howrah in West Bengal and Dhanbad in Jharkhand within a fortnight.
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Science Express”, a joint Indo-German
The Golden Chariot multimedia exhibition Science Express”, a joint Indo-German
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FINANCIAL MANAGEMENT OF INDIAN RAILWAY
Indian Railways is an Indian state-owned enterprise, owned and operated by the government of India through the Ministry of Railways. In Indian Railways earned 104, crore which consists of, (1) 69, crore from freight. [66.82%] (2) 28, crore from passengers tickets. [27.47%] (3) crore from other sources. [5.71%]
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Recruitment
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Indian Railways is divided into 17 Zones,
Each of these zones is further divided in divisions with a total of 68 Divisions. Each zone is headed by a General Manager (GM). Similarly, Each division is also headed by a separate Divisional Railway Manager (DRM). Going down in the hierarchy, there are divisional officers belonging to various departments such as engineering, electrical, mechanical, accounts, personnel etc.
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These officers report to the DRM that contacts the Railway ministry directly. Further, there are station masters that control the flow of train traffic through their specific stations. The officers in Indian railways are divided in Four Grades - Grade - A, Grade - B, Grade - C and Grade - D Officers.
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Organizational Structure & Levels - Railways
Old Levels Revised Top to Bottom (Stores Dept. Assumed) Group ‘A’ Officers PB-3 & PB-4 Railway Board members Zonal Chief General Manager (Railway) Controller Of Stores Dy. COS Group ‘B’ -officers PB-2 DCOS Sr. Material Manager Asst. Material Manager/ Asst. Controller of Stores Gr. C- Supervisory Staff PB-1 Office Superintendent 1 Office Superintendent 2 Gr. C – clerical Grade Head Clerk Senior Clerk Junior Clerk Group D -1S Auxiliary Staff
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Grade A officers are the highest level officers in Indian railways.
Recruitment in Grade A is done through Civil Services Examination and Combined Engineering Services Examination conducted by UPSC (Union Public Service Commission). Through Civil Services exam, Group 'A' personnel are recruited for Indian Railway Traffic Service, Indian Railway Accounts Service, Indian Railway Personnel Service, Railway Protection Force (RPF)
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Indian Railway Service of Mechanical Engineers personnel are also recruited through UPSC Special Class Railway Apprentice Examination. Group 'B' Officers are promoted directly from Group 'C'. Group 'C' officers are recruited by 19 Railway Recruitment Boards (RRBs) that operate under the control of Railway recruitment control board (RRCB). These Railway recruitment boards are the prime recruiting agencies for zonal railways, production units etc. They ask for applications for various Group 'C' vacancies through Technical and Non-Technical cadre exams. Group 'C' technical services include Civil, mechanical, electrical engineering, signal and telecommunication etc. Non -technical services include, Clerks, Assistant Station Masters, Ticket Collectors, Train Clerks, etc. The selected candidates are recommended to the zonal railways and the provisional appointment is made form zonal railways headquarters. Various RRBs are given as below along with Their Websites
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Pay Scale of staff
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Group ‘A’ (PB-3 & PB-4) Pre-Revised Revised Approved S-16 PB-3 5400
Band Pay Scale Grade Pay S-16 9000 PB-3 5400 S-17 S-18 6100 6600 S-19 S-20 6500 S-21 7600 S-22 7300 S-23 S-24 PB-4 8700 S-25 8300 S-26 8400 8900 S-27
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Group ‘A’ & higher grades
Pre-Revised Revised Approved Band Pay Scale Grade Pay S-28 PB-4 9000 10000 S-29 S-30 11000 12000 S-31 13000 HAG+ Scale %-80000 Nil S-32 S-33 26000 (Fixed) Apex Scale 80000 (Fixed) S-34 30000 (Fixed) Cab. Sec. 90000 (Fixed)
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Group ‘C’(PB-1) & ‘B’ (PB-2)
Pre-Revised Revised Approved Band Pay Scale Grade Pay S-4 PB-1 1800 S-5 1900 S-6 2000 S-7 2400 S-8 2800 S-9 PB-2 4200 S-10 S-11 S-12 S-13 4600 S-14 4800 S-15 5400
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Group D employees (-1S) Pre-Revised Revised Approved S-1 -1S 1300 S-2
Band Pay Scale Grade Pay S-1 -1S 1300 S-2 1400 S-2A 1600 S-3 1650
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In Position (Railway employees) 31/3/2005
Group In Position (Railway employees) 31/3/2005 A 8285 B 7247 C 873536 D 521578 Total
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policy of Indian Railway
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Objectives of pricing Policy of Indian Railway
Revenue Maximization satisfactory level of profit. Cost Recovery Welfare Maximization
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Satisfactory level of Profit
Revenue Maximization Price at which the revenue is maximized, is not necessarily the same as that at which maximum profit is obtained. Satisfactory level of Profit The fare charges are decided such that it helps to achieve a satisfactory level of profit for the Indian Railway.
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Cost Recovery (with an acceptable level of profit)
Basic strategy of Cost plus pricing is followed. This is very popular among public utilities and power sector organizations. Price= Average cost of providing service(plus an acceptable level of profit as the case may be). Welfare Maximization Welfare is maximized when Price= Marginal Cost . Such a condition exists in the long term when there is Perfect Competition. Marginal Social Cost leads to Allocation Efficiency.
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Railways plans ‘dynamic fares’
Indian Railways is planning to go the way of the airlines. Railway Board officials are working on the pros and cons of introducing ”dynamic fares”, a concept which is elastic and based on demand. “We are looking at various avenues, including dynamic pricing policy,” Railway minister Dinesh Trivedi said while addressing Economic Editors’ conference. Under the dynamic fare system, ticket prices go up when the demand goes up and vice versa. Dynamic fares will mean more that the prices of tickets will go up on busy routes.
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