China unveils the world’s fastest bullet train- CRH380,travels at 350 km per hour.

One of the major emerging power in Asia as well as  in the world,China has  unveiled the world’s fastest bullet train CRH380, which will travel at a speed of 350 km per hour.

                                Worlds fastest bullet train in china CRH speed-380-km/hr

This fastest bullet train CRH380 will run  between Shanghai and Hangzhou.The distance  between Shanghai and Hangzhou  is 192km.

CRH380 bullet train has been recorded travelling at 420 km per hour, which is a world record.CRH380 bullet train will cover the 200-km distance in only 45 minutes.

This fastest bullet train CRH380 will run  between Shanghai and Hangzhou.The distance  between Shanghai and Hangzhou  is 192km.

CRH380 bullet train has been recorded travelling at 420 km per hour, which is a world record.CRH380 bullet train will cover the 200-km distance in only 45 minutes.

The tickets will cost 156 Yuan (InR-1,036) for a first-class seat and 98 Yuan(InR-651) for a second-class seat between Shanghai and Hangzhou.

The Chinese government plans to expand the high-speed rail network to over 16,000 km by 2020.
Currently China has started working on 1,318-km high-speed rail line between Beijing and Shanghai at a cost of $33-billion line will open in 2012.

Channel Tunnel in German high-speed train test.

The German railway, Deutsche Bahn, says it has held its first test of a high-speed train carrying passengers in the Channel Tunnel.

Currently only Eurostar is allowed to operate on the route but the German firm is keen to widen competition.
Eurostar is a subsidiary of railway operators in the UK, France and Belgium but the German railway has asked repeatedly for access to the tunnel.

It has said it hopes to run services to Frankfurt and Cologne within the next three years.
Deutsche Bahn sent one of its ICE-3 trains into the tunnel for the first time last week - but Saturday night's test was the first with some passengers.

Trains passing through the tunnel have to be long enough to allow people anywhere on board to be able to reach emergency exits in the tunnel.

Rolling stock row
The firm is also interested in expanding its network elsewhere in Europe, including a possible service from Frankfurt to Lyon and Marseille in southern France, but has met resistance from the French national railway SNCF.

France has also objected to Eurostar's recent announcement that it was ordering new trains worth more than £700m from German firm Siemens.

France had been pressing for the new trains to be built by French firm Alstom . On Thursday, France's transport minister insisted the order was null and void, saying only rolling stock made by Alstom met safety standards.

Earlier this year, Deutsche Bahn bought British company Arriva, which operates buses and trains across 12 European countries. It also runs Chiltern Railways and rail freight services in the UK.

Railway employees to get 77 days wages as Bonus.

The Union Cabinet has approves payment of Productivity Linked Bonus to the Railway employees to the extent of 77 days wages for the financial year 2009-10 as proposed by Ministry of Railway.

This will be the highest PLB payment ever to be made by Railways. Last year it was 75 days. Approximately 1.292 million non gazetted Group B, C and D employees are likely to benefit from this decision. PLB is based on the productivity indices reflecting the performance of the Railways.The financial implication of payment of 77 days’ PLB to railway employees has been estimated to be INR 1065.42 crore.

The wage calculation ceiling prescribed for payment of PLB to the eligible non gazetted railway employees (excluding RPF/RPSF personnel) is INR 3500 per month which will be around INR 8860.00 per employee.

Source- Ministry of Railway

Dearness Allowance hike 10% from July 2010.

Dearness Allowance (DA) raised to 10 % for Central Government Employees and pensioners from july 2010.It has been approved by Cabinet – Ministry of Finance ahead of the featival season. This Dearness Allowance (DA) has been considered as the high rate of inflation in the past six months.
The decision to raise the dearness allowance over the basic pay from 35 to 45 per cent to compensate the rising prices will cost the exchequer an additional Rs.9,303.2 crore per annum, the spokesperson said, adding the new allowance would come into effect from July 1, 2010.

Expected D.A hike from July 2010.

It is expected that a 10% Hike in Dearness allowance for Central Government employees from July 2010 due to increase of consumer price index. The present D.A is 35% from January 2010. Normally D.A for central government increases twice in an year (January & July) to meet the increasing consumer price index. It is expected that the D.A may be increased to 45% from July 2010.

Didi announces 'House for All' Scheme for Railway Employee.

Ms. Mamata Banerjee Minister for Railways proposed a new scheme of 'House for All' railway employees in next 10 years.


Presenting the Rail Budget in Lok Sabha, Ms Banerjee said, "Such a scheme would provide residences to all railway employees in the next ten years with the help of Ministry of Urban Development."


"There are 14 lakh employees of Indian Railways - from officers to gangmen and the scheme will benefit all of them", she added.

Central Govt. emlployees gets 8% DA from Jan 1, 2010.

The Union Cabinet decided to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2010.

An official press release said this represented an increase of over 8 per cent over th existing rate of 27 per cent of the basic pay/pension to compensate for price rise.

The release said the increase was in accordance with the accepted formula, which is based on the recommendations of the Sixth Central Pay Commission.

The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.6969.36 crore per annum and Rs.8131.20 crore in the financial year 2010-2011 (for a period of 14 months from January, 2010 to February, 2011), the release added.