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Top Indian Minister Slams Central Bank on Eve of Board Meeting

Friday, December 14, 2018, 3:48 PM

Railway Minister Piyush Goyal has said the tightening of the Prompt Corrective Action framework by RBI amounted to "changing rules of the game midway into the match". Eleven state-run banks are currently under the framework, which imposes lending and other restrictions. "We need to know whether all the people are able to get loans from the banks easily," he added.
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Railway minister Piyush Goyal to track operations from office at Rail Bhavan

Thursday, November 29, 2018, 8:28 PM

Railway Minister Piyush Goyal would soon be able to monitor the entire rail network, including movement of trains and earnings of the national transporter, live in his office through a software. The system could also become available for the general public soon as the railways is mulling putting up such screens on its premises to promote transparency, officials said.
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Railway Employees Call For 'Work-To-Rule' Protest From December 11

Friday, November 23, 2018, 11:48 AM

Railway workers will do no more than the minimum required by the rules of their contract from December 11 and refuse all overtime in a call for 'work-to-rule' to protest the Railway Ministry's refusal to meet their demands, said the source. Work-to-rule is an industrial action in which employees do no more than the minimum required by the rules of their contract.

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