(a) whether the Railways proposes to set up a massive safety fund to upgrade its infrastructure to improve safety standards and avoid accidents;
(b) if so, the details thereof;
(c) whether the Government has formed a Committee in this regard;
(d) if so, the details thereof along with the terms of reference of the Committee; and
(e) the time by which the Committee is likely to give its report?
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS
(SHRI MANOJ SINHA)
(a) to (d) Yes, Madam. Ministry of Railways (Railway Board) has constituted a Committee for putting up the consolidated proposals for creation of a ‘Rashtriya Rail Sanraksha Kosh (RRSK) amounting to `1,10,237 Crores, consisting of Executive Director/Civil Engineering (Planning), Railway Board as Convener and Executive Directors of Finance Expenditure-I, Signal (Development), Electrical Energy Management, Mechanical Engineering (Project), Directorates of Railway Board as Members.
(e) The Committee is likely to submit report by 31st December, 2015.
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