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Indian Railways to set up four universities in India over five years 


Japanese bullet train technology to India 

        Bullet train

Tokyo, September 02, 2014: Japanese PM Shinzo Abe promised 3.5 trillion yen of public and private investment over the next five years under the India-Japan Investment Promotion Partnership. This would mean that Japan would double its investment and number of companies in India during this period.

Japanese PM Shinzo Abe also offered Japanese bullet train technology with financing and operational support, for which Modi thanked him. The feasibility study for the Mumbai-Ahmedabad route is still on. In Railway Budget 2014 there was a proposal to start Bullet trains on MumbaióAhmedabad route

Japan also promised to remove six of Indiaís space and defence-related entities from Japan's Foreign End User List.

Modi also promised to set up a special management team for facilitating business with Japan directly under the Prime Minister's Office, even offering to include two nominees of Japanese business.

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Indian Railways to set up four universities in India over five years 

MANGALORE, August 24, 2014: The railway budget 2014 that Union railway minister D V Sadananda Gowda presented, spoke of one such Railway University, the minister has plans to set up one such university in our parts of India in a phased manner over the next five years.

With an employee strength of 13.5-lakhs, Indian railways spends huge amount on re-orienting manpower it absorbs to suit the needs of the national transporter. Even members of the railway board, who are technical experts in their respective areas, pitch for more funds for
their project and somewhere the vision of integrated development of railways is lost, Gowda said at a meet the press programme organised by DKWJA .

The railway ministry post the presentation of the railway budget has approached ministry of human resources development seeking guidelines for establishment of a dedicated railway university, Gowda said, adding the idea for such an institution came from none other than 'Metro Man' E Sreedharan. Graduates coming out of railway universities will have assurance of getting absorbed in to the system as all-rounders, he said.

"We are looking at need for changes in law, if need be, to set up this university," he said, adding syllabus, style of functioning are other areas are also being looked in to. At present, Railways has a training institute in Baroda, Gowda said, adding all angles are being explored to put proposed Railway University on track. "We should have a full view on the issue by December and roll out the university from start of an academic year," he added.  Source: The Times of India 


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