The WR issued a notification to this effect here today.
The station, which was named after Lord Elphinstone, the Governor of Bombay Presidency from 1853 to 1860, has now been renamed in honour of a local deity.
"The notification about the renaming of the station has been issued and steps are being taken to make necessary changes, including updating it in our system," said the chief public relations officer of the WR, Ravinder Bhakar.
The WR said the code initials of the renamed station would be- PBHD.
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It was Shiv Sena which had first made the demand to rename some suburban stations in Mumbai arguing they carried "colonial" names.
In December last year, the Maharashtra legislature had approved a Bill to rename the Elphinstone Road station, the Chhatrapati Shivaji Terminus (CST) and the Mumbai airport.
Welcoming the renaming of the station, Shiv Sena MP Arvind Sawant told PTI, "It's good that our demands are being accepted. But we will still pursue this issue (of renaming more stations) with the state government and the Railway Ministry."
Sena's demand had received the support of all the major parties of the state. The Maharashtra Assembly had unanimously passed a resolution to this effect last year.
The BJP-led government had sought insertion of the word "Maharaj" in both the Chhatrapati Shivaji Terminus and the Chhatrapati Shivaji International Airport.
Last week, Mumbai's iconic railway station, Chhatrapati Shivaji Terminus was rechristened with addition of an honorific 'Maharaj' after 'Shivaji' in its old name.
The British-era landmark, which was Victoria Terminus before it was named after the Maratha warrior king a couple of decades back, is now known as "Chhatrapati Shivaji Maharaj Terminus, Mumbai.
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