Rail Budget 2015-16
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Government May Make Aadhaar Must For Rail Concession In Budget 2017
The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.
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Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
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Railways Seek Public Views On Proposed Development Authority
Seeking suggestions and comments from the public on the concept draft of the proposed Rail Development Authority of India, the Railways has uploaded it on its website.
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Rs 8.5 Lakh Cr to be Pumped Into Railways: Minister
"...Railways has lost to roads in attracting goods traffic," Suresh Prabhu said.
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'Dispute Settlement System Must for Private Participation'
"Private sector wants to come in then they must have clarity," says Suresh Prabhu.
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Railway Minister Suresh Prabhu Asks MPs to Help Railways, Gets Booed
A posse of security forces from the Railways greets Members of Parliament (MPs) visiting suburban railway stations. Indian Railways also spends to make lavish arrangements for the stay and other requirements of MPs as per protocol.
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3 Prabhu Mantras for Railways: Borrowing, PPP, Asset Monetization
To drive Indian Railways out of its "troubles", Union Minister Suresh Prabhu on Thursday prescribed market borrowings, public-private partnerships and monetizing assets to garner Rs 8.5 lakh crore worth resources over the next five years, even as he ruled out "privatisation".
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Railways Plans to Eliminate Over 3400 Level Crossings
The Railways plans to eliminate a total of 3,438 level crossings at a cost of Rs 6,581 crore.
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Lower Diesel Prices Among Reasons Behind No Rail Fare Hike
Railway Minister Suresh Prabhu on Thursday said a decline in prices of diesel, a major source of fuel for the Railways, is one of the reasons behind the government's decision not to hike passenger fares.
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Wi-Fi Connectivity at More Railway Stations: Suresh Prabhu
In an effort to provide Wi-Fi connectivity at more railway stations, Railway Minister Suresh Prabhu on Thursday brought Category B stations under the cover of the facility.
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South Central Railway Gets Rs 2,768 Cr for Infra: Report
An amount of Rs 2,768 crore has been sanctioned in the Railway Budget for the year 2015-16 towards infrastructure development in South Central Railway (SCR), 24 per cent more than last year, official sources said here on Thursday.
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Prabhu's Budget Fails to Impress Mumbai Commuters
The suburban commuters forming a sizable chunk of the overall daily passenger traffic of the Railways had mixed views on Suresh Prabhu's maiden Rail Budget on Thursday, with some feeling that he turned his back on his home city.
-
A Quantum Jump in Gross Budgetary Support for Railways in FY16
Gross Budgetary Support (GBS) for the Railways has been pegged at Rs 40,000 crore, an increase of Rs 10,000 crore over the last fiscal year.
-
Opinion: Prabhu's Budget First Step Towards Rail Reforms
It's encouraging to hear government's long-term commitment to reforms, says Mukesh Butani.
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Rail Budget High on Vision, but Can Push Up Costs: Analysts
Railway Minister Suresh Prabhu's maiden Budget is high on vision and small announcements, but could push up cost of logistics that can hurt initiatives like the 'Make in India' campaign, analysts said on Thursday.
-
Government May Make Aadhaar Must For Rail Concession In Budget 2017
The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.
-
Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
-
Railways Seek Public Views On Proposed Development Authority
Seeking suggestions and comments from the public on the concept draft of the proposed Rail Development Authority of India, the Railways has uploaded it on its website.
-
Rs 8.5 Lakh Cr to be Pumped Into Railways: Minister
"...Railways has lost to roads in attracting goods traffic," Suresh Prabhu said.
-
'Dispute Settlement System Must for Private Participation'
"Private sector wants to come in then they must have clarity," says Suresh Prabhu.
-
Railway Minister Suresh Prabhu Asks MPs to Help Railways, Gets Booed
A posse of security forces from the Railways greets Members of Parliament (MPs) visiting suburban railway stations. Indian Railways also spends to make lavish arrangements for the stay and other requirements of MPs as per protocol.
-
3 Prabhu Mantras for Railways: Borrowing, PPP, Asset Monetization
To drive Indian Railways out of its "troubles", Union Minister Suresh Prabhu on Thursday prescribed market borrowings, public-private partnerships and monetizing assets to garner Rs 8.5 lakh crore worth resources over the next five years, even as he ruled out "privatisation".
-
Railways Plans to Eliminate Over 3400 Level Crossings
The Railways plans to eliminate a total of 3,438 level crossings at a cost of Rs 6,581 crore.
-
Lower Diesel Prices Among Reasons Behind No Rail Fare Hike
Railway Minister Suresh Prabhu on Thursday said a decline in prices of diesel, a major source of fuel for the Railways, is one of the reasons behind the government's decision not to hike passenger fares.
-
Wi-Fi Connectivity at More Railway Stations: Suresh Prabhu
In an effort to provide Wi-Fi connectivity at more railway stations, Railway Minister Suresh Prabhu on Thursday brought Category B stations under the cover of the facility.
-
South Central Railway Gets Rs 2,768 Cr for Infra: Report
An amount of Rs 2,768 crore has been sanctioned in the Railway Budget for the year 2015-16 towards infrastructure development in South Central Railway (SCR), 24 per cent more than last year, official sources said here on Thursday.
-
Prabhu's Budget Fails to Impress Mumbai Commuters
The suburban commuters forming a sizable chunk of the overall daily passenger traffic of the Railways had mixed views on Suresh Prabhu's maiden Rail Budget on Thursday, with some feeling that he turned his back on his home city.
-
A Quantum Jump in Gross Budgetary Support for Railways in FY16
Gross Budgetary Support (GBS) for the Railways has been pegged at Rs 40,000 crore, an increase of Rs 10,000 crore over the last fiscal year.
-
Opinion: Prabhu's Budget First Step Towards Rail Reforms
It's encouraging to hear government's long-term commitment to reforms, says Mukesh Butani.
-
Rail Budget High on Vision, but Can Push Up Costs: Analysts
Railway Minister Suresh Prabhu's maiden Budget is high on vision and small announcements, but could push up cost of logistics that can hurt initiatives like the 'Make in India' campaign, analysts said on Thursday.
