India, Japan cooperation in rail safety makes further headway 01/11/2017


India, Japan cooperation in rail safety makes further headway
01/11/2017 09:53

             Equity Cash/Futures/Options Segment 
 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040
Japanese Railways is one of the oldest rail system in the world. Japan is the pioneer in the High Speed Rail ‘Shinkansen’. Ministry of Railways (GoI) had requested Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for technical cooperation in Rail Safety.
Responding to Ministry of Railway’s request, MLIT deputed a team of Japanese Railway experts to India to assess incidents of rail breakage and suggest measures to improve safety in train operations. The Memorandum of Cooperation on Railway safety was signed on February 17, 2017 between Ministry of Railways (GoI) and MLIT, Japan.
The MoC envisages cooperation in Rail Safety on area such as maintenance of Track (welding, rail inspection, track circuit etc.) and rolling stock maintenance. ‘Capacity Development’ has been taken as a Technical Cooperation project under the MoC to develop Indian Railways’ capacity in respect of the above identified areas. These areas have been incorporated in the Terms of Reference of cooperation.
A Mission from Japan comprising representatives of Japan’s MLIT, JICA(Japan International Cooperation Agency) and railway operators etc. are visiting India from October 30, 2017 to November 2, 2017.
As on October 31, 2017, Railway Minister Piyush Goyal along with CRB and other Board Members has met with the Japanese delegation comprising members of ToR mission and members from the rail related industries.