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Will finalise cooperation in railways with US officials: Prabhu
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SME Times News Bureau | 30 Apr, 2016
Railway Minister Suresh Prabhu on Friday said he will meet US transport
officials next month to finalise areas of cooperation between the two
countries in the railway sector.
"I had fruitful discussions with
the US Secretary of Transport during my last visit to the US and they
were keen on engaging with India in the railway modernisation. I hope
the next month's meeting in the US will help in taking the partnership
forward," Prabhu said.
Speaking at the second Indo-US
Infrastructure Summit, he said the Indian Railways have already signed
contracts worth Rs.40,000 crore with major global corporations.
"American
company General Electric and the French industry major Alstom have
signed contracts with the Railways. I hope that more companies would be
willing to invest in Indian Railways," he added.
The minister also said the capital expenditure in Indian Railways has touched an all-time high of Rs.1.39 lakh crore.
"For
the first time, the action taken report by the Railways was filed in
Parliament and we will continue to do so. Work has already started on
the proposals that I made in the budget speech", he said.
He
also spoke about decentralisation of authority in his ministry, claiming
that he did not take any commercial decision as a minister.
"All
the responsibilities are delegated. We have empowered general managers
and others to take expeditious decisions. I only get involved in policy
making and decision at macro level", Prabhu said.
The minister said the Railways would become more passenger friendly in the coming years.
"Railways
receive the largest number of complaints daily; it will monitor
complaints on real time basis in the times to come," he said.
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