Press Trust of India, June 18, 2008
New Delhi, Jun 18 (PTI) Gearing up to train railway managers for future challenges, Indian Railways will set up an international management institute here.
The institute would provide a kind of rail sector MBA in the country.
The International Railway Strategic Management Institute (IRSMI) will come up in collaboration with the International Union of Railways (UIC) on 30,000 sq metre land in Chanakyapuri here.
"We have sanctioned Rs 22 crore for the construction of the state-of-the-art building and an architect would be selected soon to design it," said a senior Railways Ministry official.
The training modules would be prepared in consultation with the leading global business schools including HEC Paris and also with the UIC.
"The training facility would be extended to all UIC member countries. The fee structure for different training modules, workshops and seminar on specific areas would be finalised after the completion of the building," said the official.
The setting up of the IRSMI was approved by the UIC which felt there was a need for an international railway management institute exclusively for rail sector management. PTI
Thursday, June 19, 2008
Rlys defensive on Khurda-Balangir project
The Pioneer, June 19, 2008
Pioneer News Service | Bhubaneswar
In the wake of threats by the BJD and some other parties to launch an agitation against the delay in the construction of Khurda Road-Balangir railway project, East Coast Railway (ECoR) soueces on Wednesday claimed that the project was "on the path of progress."
But at the same time, ECoR seemed to be on the defensive on the issue as it laid a condition for the State Government's financial contribution to ensure progress of the project work. An ECoR release stated, "It may also be mentioned that for such social-oriented projects, the financial participation by the State Government and other agencies would also act as a catalyst in speeding up the completion of the project in less time."
An ECoR release said the project, which has been sanctioned at a cost of Rs 700 crore, is poised for continued progress. Phase-I of the project for 36 km has been sanctioned by the Railway Ministry at a cost of Rs 69.98 crore.
The East Coast Railway Construction Organisation has almost completed the land acquisition and earthwork for phase-I of the project. Some bridges have also been completed in this portion. In the rest of the section, the land acquisition work has already been taken up in Khurda, Nayagarh and Balangir districts, the release said.
This year (2008-09), funds of Rs 32 crore have been allotted for various works, which are in progress in the project.
The detailed estimate of phase-II of the project is also under consideration of the Railway Board, the release said.
The release further stated, "It is also likely that more funds may be allotted to this project if the problems of land acquisition, forestry clearance and law and order do not hamper the progress and pace of work."
Pioneer News Service | Bhubaneswar
In the wake of threats by the BJD and some other parties to launch an agitation against the delay in the construction of Khurda Road-Balangir railway project, East Coast Railway (ECoR) soueces on Wednesday claimed that the project was "on the path of progress."
But at the same time, ECoR seemed to be on the defensive on the issue as it laid a condition for the State Government's financial contribution to ensure progress of the project work. An ECoR release stated, "It may also be mentioned that for such social-oriented projects, the financial participation by the State Government and other agencies would also act as a catalyst in speeding up the completion of the project in less time."
An ECoR release said the project, which has been sanctioned at a cost of Rs 700 crore, is poised for continued progress. Phase-I of the project for 36 km has been sanctioned by the Railway Ministry at a cost of Rs 69.98 crore.
The East Coast Railway Construction Organisation has almost completed the land acquisition and earthwork for phase-I of the project. Some bridges have also been completed in this portion. In the rest of the section, the land acquisition work has already been taken up in Khurda, Nayagarh and Balangir districts, the release said.
This year (2008-09), funds of Rs 32 crore have been allotted for various works, which are in progress in the project.
The detailed estimate of phase-II of the project is also under consideration of the Railway Board, the release said.
The release further stated, "It is also likely that more funds may be allotted to this project if the problems of land acquisition, forestry clearance and law and order do not hamper the progress and pace of work."
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