Keep Patients Waiting? Not in My Office

In: Business and Management

Submitted By nehalchinoy
Words 3377
Pages 14
RAILTEL CORPORATION OF INDIA
The Railtel Corporation of India was established in September 2000 as a public sector undertaking (PSU) and a 100 per cent subsidiary under the Ministry of Railways. It has been set up primarily to commercially utilize IR’s communication assets, which often have idle capacity.
Vision: is to become the preferred telecom solutions and services provider for knowledge economy.
Mission: To attain leadership in providing premier telecom infrastructure service by offering the cost-effective state of the art communication solutions.
5.1 Objectives RailTel
 To facilitate Railways in expeditious modernizing of their operation and safety systems and network providing by state of art communication infrastructure.
 To plan, build, develop, operate and maintain a nationwide broadband telecom and multimedia network to supplement national telecom infrastructure to spur growth of telecom, broadband and IT enabled value added services in all parts of country specially rural, remote and backward areas.
 To generate revenue through commercial exploitation of its telecom network.

Investments/Developments
Foreign direct investment (FDI) inflows into railway related components from April 2000 to September 2015 were US$ 652.2 million.
Following are some of the major investments and developments in India’s railways sector: * Japan has offered to provide loan at less than one per cent interest rate for India’s first bullet train between Mumbai and Ahmedabad costing US$ 15 billion, on the condition that India buys 30 per cent of equipment from Japanese firms. * The Madhya Pradesh government has obtained Rs 12,000 crore (US$ 1.85 billion) loan from Japan International Cooperation Agency (JICA) for its Bhopal and Indore Metro rail projects. * Indian Railways has issued a Letter of Award (LoA) to US-based General Electric (GE) for a…...

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