• About us
  • Team
  • Privacy Policy
  • Contact
Tuesday, October 13, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

India has largest green railway network with 95 pc track electrification

by Blitz India Media
August 24, 2024
in News
0
railways
Blitz Bureau

NEW DELHI: Indian Railways has electrified 95 per cent of its vast 68,000 km track network to emerge as the largest green railway in the world, according to a senior official of the Ministry of Railways.

Mukul Saran Mathur, Additional Member, Railway Board, said that the railway system caters to two crore passengers daily and has recently operated over 5,000 special trains to assist migrant workers. He highlighted the Vande Bharat trains as a flagship product in India’s rail modernisation efforts.

Speaking at the ASSOCHAM National Conference, Mathur said that the Indian Government has allocated Rs 85,000 crore for railway expansion in the 2023-24 fiscal year. Improvements include a faster ticket refund process, now reduced to one or two business days.

Other experts at the conference said that railway modernisation is the key to India’s economic growth and a way forward to achieve the Viksit Bharat or developed India goal by 2047.

Deepak Sharma from ASSOCHAM stressed that modernising the railways is central to India’s vision of ‘Viksit Bharat’ (Developed India), aiming to enhance connectivity and support economic growth.

Sanjay Bajpai from the National Council on Logistics and Warehousing highlighted the role of AI and machine learning in achieving 100 per cent cargo visibility and last-mile connectivity through the Gati Shakti plan.

Animesh Gupta of Goldratt Research Labs emphasised the need for a 40 per cent rail freight share and reducing the environmental impact of railway operations. Manish Puri of ACTO and Moonish Ghuge from ABB India Ltd discussed the importance of modern safety measures and infrastructure to meet increasing trade demands and ensure passenger safety.

The discussions underscored the necessity for transparency and reliability in implementing transformative technological solutions for India’s railways. While speaking at the event, experts said that railway modernisation is the key to India’s economic growth and a way forward to achieve the Viksit Bharat or developed India goal by 2047.

Mukul Saran Mathur, Additional Member- Commercial, Union Ministry of Railways shared how railways operate in challenging times.

He added that over 5,000 special trains have recently been operated to transport migrants. Focusing on the modernisation of the railways for Viksit Bharat, he mentioned an example of Vande Bharat trains which is a major flagship product in India. Accidents have been reduced with technological advancement and high-speed trains are available on routes for faster travel journeys.

Related Posts

Asian Champions Trophy 2026
News

Pathak returns as India names squad for Asian Champions Trophy

October 13, 2026
Electronics production grows seven-fold : MeitY
News

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market
News

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026
IBM
News

IBM, MeitY sign MoU to boost India’s deep-tech

October 13, 2026
Solar panels supplying power in Africa
News

India Growth Story: Start-ups, Trade, Data and Khadi

October 13, 2026
onion
News

India News: Inflation, Genomics, Army and AI Drugs

October 13, 2026
Load More
Next Post
cancer

Neoadjuvant chemotherapy may boost cancer treatment outcomes: Experts

Recent News

Asian Champions Trophy 2026
News

Pathak returns as India names squad for Asian Champions Trophy

by Blitz India Media
October 13, 2026
0

New Delhi, 13 October: Hockey India on Tuesday announced the Indian men’s squad for the Asian Champions Trophy Punjab 2026,...

Read moreDetails
Electronics production grows seven-fold : MeitY

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026
IBM

IBM, MeitY sign MoU to boost India’s deep-tech

October 13, 2026
Solar panels supplying power in Africa

India Growth Story: Start-ups, Trade, Data and Khadi

October 13, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation