SIGN IN SUBSCRIBE

News Update

NDPS - Seizure of 20kg ganja - Ordinarily, no taxi driver, before allowing to board, asks for passenger details - No incriminating material seized from person - Contraband not hidden - Passengers fled from spot - No material to link taxi driver with contraband: SCGST - COVID-19 - Period between 15.03.2020 to 28.02.2022 stood excluded for limitation as per SC order - Issuance of notifications 13/2022-CT, 9/2023-CT, 56/2023-CT may be an exercise in abundant caution - Petitioners may avail statutory remedy of appeal: HCGST - 'Ratification' done after issuance of Notification No.56/2023-CT will not provide life to it - 'Ratification' cannot be a substitute of 'recommendation': HCGST - Solar Power Generating System would not answer the description of immoveable property - Supply of the Solar generating Power Station is a 'composite supply' and it would not amount to a 'works contract': HCGST - Survey in business premises - If excess stock is found, proceedings u/s 73 or 74 of the Act will come into play rather than u/s 130 of the Act r/w Rule 122 of the Rules, 2017: HCST - Once tax is not payable in law, there was no authority for the department to retain such an amount, therefore, s.11B provisions would not stand attracted: HCHow To ServeImpeached South Korean President Yoon finally arrestedI-T- Re-assessment order valid where assessee fails to explain nature & source of certain income disclosed in course of Search operations: HCUS SEC sues Musk over delays in disclosure of Twitter purchaseI-T - Entire purchases can't be disallowed if AO never doubted production & sales, merely because ITC availed on purchases made by assessee was not admissible and assessee had paid tax under VAT Act: HCBiden’s farewell shot: No import of Chinese vehiclesI-T - If AO had not made specific allegation that assessee had paid money through banking channel and received back cash against those payments, then matter shall be remanded to AO to consider afresh: HCUS House okays Bill banning transgender athletes from women’s sportsI-T - No tax can be levied on advance amount received by assessee for agreed sale proceeds, if no sale of land was actually executed during year under consideration: ITATMeta to lay off 5% of poor performersI-T - 'Shastras & scriputres' define only way of life of civilized society and they are definitely not religion specific for benefit of public at large, and hence no reason to deny exemption u/s 80G(5) to trust: ITATGaza ceasefire deal likely to be lockedI-T- When new flat is obtained on transfer of old flat, assessee's claim for deduction u/s 54 of the Act is justified: ITATGovt appoints Justice D K Upadhyaya as CJ of Delhi HC & Justice Alok Araddhe as CJ of Bombay HCCoal imports drop by 3.1% during April-October, 2024VAT - Assessment order passed on estimate basis is upheld where assessee does not maintain accurate records or books of accounts: HCPoK is nothing more than foreign territory to Pakistan: RMCus - Delays be dealt with liberally, especially when there is no deliberate attempt to delay filing of refund claims; rejecting refund claims on technical grounds of limitation, is not tenable: CESTATPM launches 'Mission Mausam', releases IMD Vision-2047 documentCX - Assessment order passed without granting personal hearing; assessee's difficulties in participating in adjudication due to COVID pandemic overlooked - case remanded: CESTATMNRE issues Guidelines for implementation of PM-Surya GharCX - Rejection of assessee's refund claims without issuing a Show cause notice or giving valid reasons for rejecting claims, contravenes principles of natural justice: CESTAT
 
Railway electrification of 44,000 km in 10 Years saves 640 crore litres of Diesel & reduces CO2 emissions

By TIOL News Service

NEW DELHI, AUG 02, 2024: UNION Minister of Railways, Information and Broadcasting, Electronics and IT, Ashwini Vaishnaw, during his address in Parliament today on the Demands for Grants under the control of the Ministry of Railway for the financial year 2024-25, covered significant achievements and future plans of indian railways. During his address, he also focused on the dedication of railway employees, advancements in railway safety, and progress achieved in railway electrification.

Praising Railway Employees

Vaishnaw began by expressing heartfelt gratitude to the nearly 12 lakh railway employees who work tirelessly day and night to ensure the smooth operation of almost 20,000 trains daily. He underscored the Railways as the lifeline of the country, a vital institution upon which the nation's economy remitted heavily.

Enhancing Railway Safety

While a ddressing railway safety, Vaishnaw highlighted the significant strides made in th is regard over a past decade. Over 26,52,000 ultrasonic flaw detection tests have been conducted, and several new technologies have been incorporated to enhance safety measures. Th is has resulted in a remarkable reduction in rail fractures, from approximately 2,500 in 2013-14 to just 324 in 2024, marking an 85% decrease.

Further, he highlighted that stations now have control through electronic interlocking. While only 837 stations had this technology between 2004 and 2014, a significant increase occurred in the next decade, with 2,964 stations covered from 2014 to 2024.

Advancements in Railway Electrification

In terms of railway electrification, the Union Minister for Railways detailed the impressive progress made over the past decade. A total of 44,000 km has been electrified in 10 years, compared to only 20,000 km in the preceding 50 years. This electrification drive has yielded substantial benefits, including an additional 600 million tonnes of cargo, saving 640 crore litres of diesel, and reducing 400 crore kilos of CO2 emissions, equivalent to planting 16 crore trees.

These milestones reflect the government's commitment to modernizing the Indian Railways, making it safer, more efficient, and environmentally sustainable.


POST YOUR COMMENTS
   

TIOL Tube Latest

TIOL Tube
Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi

TOP NEWS


AR not Afar by SK Rahman

VISION 360



Technical Session I - Ease of Doing Business: GST on Digital Economy

TII LATEST

TIOLCORPLAWS LATEST