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Commercialpedia Indian Railways commercial circulars and policies

optimal prices being charged on freight transport. The passenger segment needs to be financially viable and market- driven, with any subsidisation to the…

Study materialfreight

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TypeCommercial Circular
Topicfreight

Summary

optimal prices being charged on freight transport. The passenger segment needs to be financially viable and market- driven, with any subsidisation to the marginalised from the Union Budget. It also said that a move towards market-driven freight tariff policy can be considered 2.2 Freight corridors – dedicated freight corridors, economic corridors,

Text of the circular

Modernisation of Railways  
for Viksit Bharat
August 2024 – New Delhi
The Associated Chambers of Commerce and Industry of India

DAIKI AXIS Johkasou for

Indian Railways &
Water Secure Viksit Bharat @ 2047

Daiki Axis Johkasou
Packaged STPs Advantages

6 Robust & Proven Japanese Technology

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iil) Modular and High Performance (@) No Noise or Smell

Faster Project Execution Lower cost of ownership

Daiki O
JAPANESE z ane wis
WASTEWATER REDUCE. RECYCLE. REUSE. AXIS

TREATMENT PLANT INDIA

1 EMPANELLED WITH CERTIFIED AS GREEN PRO
With World Renowned Ministry of Jal Shakti INNOVATION (ic cel
Johkasou Technology (Government of India) लेजर NON

Message
The modernisation of Indian Railways is crucial for achieving the vision of Viksit Bharat, as it is a pillar of 
the nation’s infrastructure and economy. By upgrading the rail network, India can significantly improve 
connectivity, reduce travel time, and boost economic activities across regions. Modernisation efforts are 
aimed at enhancing efficiency, safety, connectivity, and sustainability, thereby contributing to overall 
national progress. These advancements not only enhance passenger experience but also contribute to 
regional development by connecting industrial hubs and fostering economic growth.
The adoption of advanced digital systems, such as Real-time Train Information Systems and AI-driven 
predictive maintenance, etc ensures safer and more efficient operations. Smart stations equipped with 
automated services, digital ticketing, and enhanced security features are being developed to cater to the 
needs of modern travellers. Moreover, the complete electrification of the rail network and the introduction 
of energy-efficient trains are crucial for reducing the carbon footprint of the railways, aligning with India’s 
broader sustainability goals.
These innovations are revolutionizing the way railways are conceptualized, designed, and managed, 
utilizing cutting-edge technology to foster collaborative partnerships among stakeholders. As a result, 
Indian Railways is undergoing a transformation that is reshaping the future of rail transportation in the 
country. The modernization and expansion of rail infrastructure present a multitude of challenges and 
opportunities at various stages. To propel India towards self-reliance and meet the challenges ahead, the 
Indian rail sector needs to focus on developing indigenous technology and fostering innovative potential. 
This will enable the delivery of intelligent solutions for safety, security, connectivity, seamless operation, 
and sustainability.
Railways being one of the key focus areas of ASSOCHAM, our efforts are to provide valuable inputs to the 
Government for the right policy formulation and bring in comprehensive support to the industry. To take 
our initiatives forward, ASSOCHAM, jointly with CRISIL India, has prepared this report on ‘Modernisation 
of Railways for Viksit Bharat’ to highlight the major initiatives being taken by Indian Railways towards its 
modernization. 
We hope that the report will provide important insights to policymakers, industry leaders and stakeholders 
and will be helpful in making the Indian rail transport system of international standards and the discussions 
at the conference will be useful and informative to stakeholders.
Deepak Sood
Deepak Sood
Secretary General, ASSOCHAM

Foreword
Demand for speedy, comfortable, safe and reliable rail transport has burgeoned over the years in tandem with India’s 
growth. 
That has spurred a transformation of Indian Railways, focused on safety, enhancement of capacity and induction of 
modern technology.
The transformation is backed by government policies and initiatives such as the National Rail Plan, Amrit Bharat 
Station Scheme, Gati Shakti Multi-Modal Cargo Terminal, and Electric Locomotive Factory-Madhepura. 
After all, for the nation to realise its progressive socio-economic goals, it is important that Indian Railways lives up to 
its fabled moniker 

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