Rail Budget 2013

  • Pawan Bansal's 'realistic' Railway Budget gets mixed reactions February 27, 2013

    New Delhi: The Railway Budget was presented on Tuesday, the first by a Congress minister in 17 years. But it lacked the inimitable style of presentation of its predecessors Lalu Prasad Yadav and Mamata Banerjee. But in his workman-like style Pawan Kumar Bansal did present a budget which he calls...
  • India @ 9 with Rajdeep Sardesai February 26, 2013

    According to sources, the Centre gave into the demands of state governments opposing the ambitious setting up of NCTC and said the proposed intelligence agency will not have the right to make arrests without the states' permission. ...
  • Railway modernisation: Is it too little too late? February 26, 2013

    Presenting his maiden budget, Pawan Bansal said his focus was on financial sustainability of the railways and ensure that trains become better and safer. ...
  • Rail budget 2013-14 move to make railways private: Lalu Prasad February 26, 2013

    RJD chief Lalu Prasad on Tuesday slammed the rail budget for 2013-2014 and said, "This is not budget, there is nothing in it, and I will not give any passing marks for this budget. I suspect there is move to put railways in private sector". ...
  • Rail Budget: People in Bangalore willing to pay more for better services February 26, 2013

    As Pawan Kumar Bansal presented his maiden Railway Budget in Parliament on Tuesday, people in Bangalore said if better services are provided in railways, they are ready to pay more. ...
  • News 360: Pawan Kumar Bansal announces Railway Budget for 2013-2014 February 26, 2013

    Pawan Kumar Bansal on Tuesday presented his maiden railway budget for 2013-14 with no hike in passenger fare, but with "marginal" increase in other charges on tickets. ...
  • People in Kolkata not happy with Rail Budget 2013 February 26, 2013

    Passengers in Kolkata said that they aren't happy with the Railway Budget 2013-14 as the rise in freight charges will increase reservation fares also. ...
  • We are working on a new software to enhance e-ticketing: Railway Board Chairman February 26, 2013

    Speaking to CNN-IBN's Anubha Bhosle, Railway Board Chairman Vinay Mittal said the Railway Budget presented by Pawan Kumar Bansal addresses the financial health of the railways. He also ensured that trials on anti-collision device will be completed in the next eight months. ...
  • Railway Budget 2013 not high on vision: Professor G Raghuram February 26, 2013

    IIM-Ahmedabad's Professor G Raghuram joined IBNLive readers for an interaction on the impact of Railway Budget on people & economy. Q. What would be impact on Railway freight? Asked by: surya narayan singh A. Marginal. The larger government policies and industrial growth have a bigger impact. ...
  • Chidambaram hails railway budget, terms it 'honest' and 'practical' February 26, 2013

    Finance Minister P Chidambaram, who is due to present Union Budget 2013-14 on Thursday, hailed Pawana Kumar Bansal's maiden railway budget and called it "honest" and "practical". Chidamabaram said it was a "remarkable and highly commendable budget". ...
  • Rail Budget: People say ready to pay more for better amenities in trains February 26, 2013

    Even as government hailed Pawan Kumar Bansal's maiden railway budget for 2013-14, people demanded better amenities in the trains. They said they are even ready to pay more for more facilities. ...
  • Railway Budget 2013-14: List of new trains introduced February 27, 2013

    New Delhi: Railway Minister Pawan Kumar Bansal announced 67 new express trains and 26 new passenger trains as part of the Railway Budget 2013-14. Following is the list of the new trains being introduced: Express trains 1. Ahmedabad - Jodhpur Express (Weekly) Via Samdari, Bhildi 2. Ajni (Nagpur) - Lokmanya Tilak (T) Express...
  • Bansal spares passenger fares, introduces 106 new trains February 27, 2013

    New Delhi: While Pawan Kumar Bansal spared passengers another hike in basic train fares while presenting the Railway Budget for 2013-14 but he still made sure that anyone travelling on a train will be forced to pay more as he announced a "marginal" increase in other charges on tickets along...
  • Rail Budget: Freight rates hiked by 5.8 per cent February 26, 2013

    New Delhi: Continuing efforts to clean up railway finances, the Budget for 2013-14 on Tuesday effected an across-the-board 5.8 per cent hike in freight charges to net in Rs 4,200 crore a year while raising passenger reservation and related charges to rake in an additional Rs 483 crore. Railway Minister...
  • Railway Budget is realistic, says Pawan Kumar Bansal February 26, 2013

    New Delhi: Pawan Kumar Bansal promised to bring private investment to the tune of Rs 9,000 crore in the railways this year and said he aims at increasing the number of tatkal tickets as part of the Railway Budget 2013-14. Speaking to CNN-IBN, the Railway Minister defended his maiden budget...
  • 'Freight hike to improve system, add Rs 4,683 cr to revenue' February 26, 2013

    New Delhi: An over five per cent increase in freight tariff due to imposition of fuel adjustment component (FAC) from April and a hike in supplementary charges on super fast trains will fetch the Railways an additional revenue of Rs 4,683 crores in the next fiscal. The FAC, which is...
  • Rail budget 'pedestrian', 'discriminatory': Opposition February 26, 2013

    New Delhi: The Opposition on Tuesday slammed the Rail Budget for increasing the burden on the common man, with the Bharatiya Janata Party (BJP) terming it as "pedestrian" and "discriminatory" while Left said it does not give any hope on railways' future. Key outside UPA allies Samajwadi Party and Bahujan...
  • Railways to mobilise Rs 1.46 lakh crore in FY13-14 February 26, 2013

    New Delhi: The Railways is targeting a record Rs 1.46 lakh crore in revenues during the next fiscal even as it is likely to miss the total resource mobilisation of Rs 1.35 lakh crore set for 2012-13. It is expected to fall short of targeted revenues by as much as...
  • Rail freight hike on coal may raise power tariffs February 26, 2013

    New Delhi: The proposed increase in coal freight rate by 5.7 per cent in the Railway Budget 2013-14 will have no effect on the coal sector but may lead to a marginal increase in the electricity tariffs. Railways Minister Pawan Kumar Bansal sought to increase the freight rate on coal...
  • Some good beginnings have been made in the Railway Budget 2013: Siddharth Zarabi February 26, 2013

    CNBC TV18's Economic Policy Editor and Delhi Bureau Chief Siddharth Zarabi joined IBNLive readers for an interaction on the Railway Budget 2013. Q. Dear Siddharth, There are so many things that the minister is saying, about good new features but it takes such a long time to implement stuff in our...
  • Rs 63,363-cr annual plan for Railways in 2013-14 February 26, 2013

    New Delhi: The Annual Plan for Railways in 2013-14 financial year is proposed at Rs 63,363 crore, Union Railway Minister Pawan Kumar Bansal said. "A plan investment of Rs 63,363 crore is proposed for 2013-14," Bansal said while presenting the Railway Budget in Parliament on Tuesday. "The Plan is proposed...
  • Railways plan to ban plastic for catering purposes February 26, 2013

    New Delhi: Plastic cups in trains could soon be a thing of the past with the Railways planning to move over to agro-based and recycled material for catering purposes. This step is being taken as part of Railways' efforts to protect the environment and promote sustainable development. The country's largest...
  • Rail freight hike on diesel may lead to rise in retail prices February 26, 2013

    New Delhi: Railways on Tuesday hiked freight rates for moving diesel and cooking fuels by almost 8 per cent, a move that may result in marginal hike in retail fuel prices. Freight on diesel was increased by 5.79 per cent to Rs 1,041.80 per tonne from Rs 984.80 a tonne...
  • Rail Budget 2013-2014 reformist, forward-looking: PM February 26, 2013

    New Delhi: Hailing the Railway Budget as "reformist and forward-looking", Prime Minister Manmohan Singh on Tuesday said minister Pawan Kumar Bansal has done a commendable job in meeting competing demands of improving services and controlling expenditure. Singh complimented Bansal for his "innovations" in critical areas of Railway infrastructure and paving...
  • Rail Budget: 67 express trains, 26 passenger trains introduced February 26, 2013

    New Delhi: As many as 67 express trains and 26 passenger trains are being introduced this year, Railway Minister Pawan Kumar Bansal announced on Tuesday. Presenting the 2013-14 Railway Budget, Bansal also said that five Mainline Electrical Multiple Units (MEMUs) are being introduced this year besides eight DEMUs. ...
  • Rail Budget practical, implementable: Chidambaram February 26, 2013

    New Delhi: Terming the Railway Budget for 2012-13 as "practical and implementable", Finance Minister P Chidambaram on Tuesday said that his cabinet colleague Pawan Kumar Bansal has presented the finances of the railways in a very candid manner. "The Railway Minister has presented a very responsible, practical and implementable budget,"...
  • Rail Budget: No hike in passenger fares, but travel will be costlier February 26, 2013

    New Delhi: Even though Railway Minister Pawan Kumar Bansal did not hike passenger fares but he announced a marginal increase in freight charges, supplementary charge, superfast charge, reservation charge, cancellation charge and Tatkal charge. The hike supplementary charge, superfast charge, reservation charge, cancellation charge and Tatkal charge means that even...
  • Full text: Pawan Bansal's Railway Budget 2013-14 speech February 27, 2013

    Pawan Kumar Bansal diagnosed the problems correctly but failed to come up with solutions and stuck to a script which has been the hallmark of the last several railway budgets. Below is the full text of his speech: Madam Speaker, I rise to present before this august House the Revised Estimates for...
  • It's a Raebareli budget, NDA states ignored: BJP February 26, 2013

    New Delhi: While the government was all praises for the Rail Budget presented by Pawan Kumar Bansal on Tuesday, the Opposition slammed it as an anti-BJP states Budget, with Gopinath Munde even going to the extent of calling it a "Raebareli budget". "There is nothing for Gujarat, Maharashtra, Chhattisgarh and...
  • Highlights of Railway Budget 2013-2014 February 27, 2013

    Rail Minister Pawan Kumar Bansal on Tuesday presented his maiden Rail Budget. There has been no hike in passenger fares, but marginal hike in freight charges, reservation fee, cancellation fee, tatkal charges and supplementary charges. Following are the highlights of the Railway Budget 2013-2014: Thrust 1. Safety; 2. Consolidation; 3. Passenger Amenities;...