Speaking at a review meeting with senior officials of the South Western Railway, he asserted that such schemes will boost the morale of the staff.
Terming the recent train accidents as "unfortunate", Mr Goyal called upon the railway staff to work diligently for ensuring complete safety in running trains, a release by the South Western Railway said.
"The minister suggested various schemes such as granting out-of-turn promotion for the staff who take timely action to avert accidents. He said such schemes will go a long way in boosting the morale of the staff," it said.
He also asked the Railways to develop an action plan for eliminating unmanned level crossing gates in a year's time, instead of 2019-20 as planned earlier.