Question: The Future of Rail Report which was launched by Piyush Goyal is prepared by which organisation?
(a) Indian Railways
(b) Ministry of Railway
(c) Delhi Metro Rail Corporation
(d) International Energy Agency
Answer: (d)
Related facts:
- Minister of Railways & Coal Mr. Piyush Goyal launched “The Future of Rail” report of International Energy Agency (IEA) at an event on 30 January, 2019.
- The IEA prepared the report titled as “The Future of Rail” in along with the International Union of Railways (UIC).
- The indigenously produced Vande Bharat Express in India is an engineering marvel that will change the approach to train manufacturing as well as revolutionise train travel in India.
- Indian Railway’s successful effort to convert diesel locomotives to electric locomotives is truly innovative. The Railway is moving towards 100% electrification for the Indian Railways.
- It was also informed that 5 years ago, Railways had electrified about 600 km of tracks across the country. Last year alone, we electrified over 4,000 km, and in the coming year we aim to electrify over 6,000 Km.
The report:
- The “Future of Rail” the first-of-a-kind report analyses the current and future importance of rail around the world through the perspective of its energy and environmental implications. The report reviews the impact of existing plans and regulations on the future of rail, and explores the key policies that could help to realise an enhanced future rail.
- By 2050, Investments in Indian urban rail infrastructure will reach nearly $190bn. Along with the development of high-speed rail, fuel expenditures are estimated to reduce by nearly $450bn. India can save up to $64bn on fuel expenses by that time in result.
- The report had a special focus on India. The rail passenger traffic increased nearly 200% and freight service by 150% since 2000 in India. The future prospects of rail services in the country continue to remain bright.
- The report stated that the rail sector carries 8% of passengers across the world and 7% of global freight movement. However, it utilises 2% of the total transport energy demand in the world, signifying its efficiency.
- Global activity in 2050 will be 2.7 times higher than current levels.
International Energy Agency:
- The IEA is a Paris based inter-governmental organisation founded in 1974 that works to ensure reliable, affordable and clean energy for its 30 member countries and 8 association countries.
- Its mission is guided by four main areas of focus: energy security, economic development, environmental awareness and engagement worldwide.
Himanshu Shukla
Link:
https://www.iea.org/futureofrail/#
https://www.railway-technology.com/news/india-to-make-up-40-of-global-rail-activity-by-2050-says-iea-report/
http://pib.nic.in/newsite/PrintRelease.aspx?relid=187867
https://www.iea.org/about/