Showing posts with label Suresh Prabhu. Show all posts
Showing posts with label Suresh Prabhu. Show all posts

Wednesday, 23 November 2016

Indian railways ask again for safety funds after crash kills 150

The track where an Indian course of action beat on Sunday, killing 150 people, was explored just two days before and saw to be in exceptional condition, raising more issues about the prevailing of a structure seeking after down $17 billion in financing to keep up a key division from more crashes.

The crash, among India's most perceivably wretched plan tragedies, was a stark sign of the incapacitated condition of the enormous state-run railways and of the test Prime Minister Narendra Modi confronts in fulfilling his insistence to modernize them.

Powers believe a rail break may have sent 14 carriages giving path into each unprecedented as a colossal bit of the 1,700-odd voyagers on board rested. In any case, they can't ensure until each scope of hurt track is inquired about.

"This was a bother where a boundless part of the rails were expelled and broken. It's to a remarkable degree amazed," Mohammad Jamshed, a senior railways advantage official, told Reuters.

Worked under British lead, the world's fourth most unmistakable rail make ships 23 million people across over India dependably.

With people reliably holding quick deplorably to the outside of carriages or stuffed on the rooftop, it is groaning under making premium and particular years of underinvestment.

Source:- reuters

Tuesday, 17 March 2015

Prabhu advocates for strong Indo-US strategic economic ties

"If India and US have strong strategic economic partnership, it will immensely benefit both the countries...," Prabhu said while addressing a seminar 'India-US 2015: Partnership for Peace and Prosperity' here.

He added he does't think it is possible without peace. It is a paradox but it is a reality. You cannot get big investment in any part of the world if there is no peace. You can make investment only when you have prosperity. You actually have a situation while we need to work on both at the same time,"

He said the growth potential of the economy gets affected without peace in the world. "Therefore, we feel India and US must partner together, to find out how we can promote global peace, regional peace as well as peace in the respective countries." Prabhu cited

The Railway Minister stressed that establishing peace in the region was in the interest of both the countries, "because India and US could become victim of some of the threats that we face today in the world. It does not matter whether US is number one victim or India is number one."