RAIL BUDGET

  • Rail Budget debate in Rajya Sabha: Members want safety, amenities March 16, 2015

    New Delhi: Members from various parties on Monday voiced concern in Rajya Sabha over various aspects concerning the railways, particularly safety and security and lack of facilities and timeliness and asked the government to rectify it. These issues were raised by members while participating in a debate on Rail Budget...
  • Efforts on to connect more Arunachal Pradesh towns by rail route February 28, 2015

    Itanagar: After Prime Minister Narendra Modi flagged off two trains brining Arunachal Pradesh in railway map of the country last week, efforts are on to connect all major towns of the state by rail link. Balipara-Bhalukpong railway track is completed and awaiting trial run in April, Railways General Manager RK Singh...
  • Indo-Bangla rail project to suffer for want of funds:Tripura Minister February 27, 2015

    Agartala: The Indo-Bangla railway project to connect the North East with Bangladesh will be further delayed as no funds were allocated for acquisition of land to extend the tracks in the Railway Budget, a state minister said on Friday. "We had been long demanding for early completion of the 15-km long...
  • Utilisation of resources top priority: Rail Minister February 27, 2015

    New Delhi: Railway Minister Suresh Prabhu on Friday said upgrading the skills of its large workforce and proper utilisation of resources was his top priority for which four centres of excellence were being set up by next year. ...
  • Shiv Sena slams Prabhu for depriving Maharashtra in Railway Budget February 27, 2015

    Mumbai: A day after Suresh Prabhu presented the Railway budget, a disappointed Shiv Sena on Friday said barring a few announcements Maharashtra has not received any "long-term benevolence" from the Centre and that much more was expected from the BJP leader. "A lot more was expected out of Suresh Prabhu as...
  • Mobile phone charging facilities to be provided in general class coaches, on-board entertainment on select Shatabdi trains: Railway Minister Suresh Prabhu February 27, 2015

    New Delhi: Minister of Railways Suresh Prabhakar Prabhu has said that Indian Railways' Delhi Division is taking up a project for introducing on-board entertainment on select Shatabdi trains on license fee basis. He said, depending on the response, the facility will be extended to all Shatabdi trains. Presenting the Railway Budget...
  • Rail Budget 2015: WiFi facility to be expanded to more railway stations, including smaller stations February 27, 2015

    New Delhi: In an effort to provide WiFi connectivity at more railway stations, Railway Minister Suresh Prabhu brought category B stations under the cover of the facility. Prabhu, while presenting the railway budget, said WiFi facility is being provided at all A1 and A category stations. "Further, as part of Digital...
  • Indian Railways plans to launch SMS alert service for arrival, departure timings February 27, 2015

    New Delhi: For the convenience of passengers, Railway Minister Suresh Prabhu announced introduction of SMS alert service informing travellers in advance about arrival and departure timings of the trains. "We propose to introduce an SMS alert service to inform passengers in advance the updated arrival and departure time of trains...
  • Indian Railways heading for a debt trap, says Dinesh Trivedi February 27, 2015

    In an exclusive interview with CNN-IBN, former railway minister and TMC leader Dinesh Trivedi said that the Railway Budget failed to meet the expectations....
  • India @ 9 with Zakka Jacob February 27, 2015

    Catch the day's top stories with Zakka Jacob on India @ 9. ...
  • Prabhu's reformist Railway Budget: Where will the funds come from? February 26, 2015

    The government unveiled plans on Thursday to invest Rs 8.5 lakh crore in its decrepit rail network over the next five years, heralding Prime Minister Narendra Modi's aggressive approach to building infrastructure needed to unlock faster economic growth. ...
  • Railway Budget is just a directive document that forms policy, new trains can be brought in later: Suresh Prabhu February 26, 2015

    In an interview after presenting his maiden Rail Budget on Thursday Union Railway Minister said that Railway Budget is just a directive document that forms policy and the new trains can be brought in at later stage. ...
  • Ready to extend power benefits to all if Centre shares cost: AAP February 26, 2015

    New Delhi: Welcoming the state BJP's demand that 50 per cent power subsidy benefit should be extended to all, AAP on Thursday said the welfare initiative will be extended to all immediately if the Centre agrees to bear the extra cost. "The Aam Aadmi Party welcomes Delhi state BJP's demand that...
  • Railway Budget 2015: Centre to invest Rs 8.5 lakh crore but no new trains or fare hike February 26, 2015

    New Delhi: The government unveiled plans on Thursday to invest Rs 8.5 lakh crore in its decrepit rail network over the next five years, heralding Prime Minister Narendra Modi's aggressive approach to building infrastructure needed to unlock faster economic growth. Over the next year, government will increase investment by about a...
  • Rail budget is dedicated to infrastructure: Rajasthan BJP February 26, 2015

    Jaipur: Terming the rail budget as the "first rail budget dedicated to infrastructure", the ruling BJP in Rajasthan on Thursday said it was focused on facilities of people even as the opposition Congress described it as a "hollow budget with no vision". "Security of women passengers, ease in ticket availability, safety...
  • Rail Minister has 'derailed' the budget: Congress February 26, 2015

    New Delhi: Congress on Thursday came down heavily on the Rail budget and alleged that the Railway Minister has not only "derailed" it but has "pulled a fast one" on the people by failing to lower fares despite downturn in global crude prices. "A trained Chartered Accountant has derailed the budget,"...
  • Did Suresh Prabhu manage to get Rail Budget on track? February 26, 2015

    As Union Railway Minister Suresh Prabhu presented his maiden Rail Budget on Thursday, here are people's take on what the Rail Budget meant to them. ...
  • Key highlights of Rail Budget 2015 February 26, 2015

    New Delhi: Union Railway Minister Suresh Prabhu on Thursday presented his maiden Rail Budget in Lok Sabha. Here are the key highlights from Rail Budget 2015: Thrust: 1. Indian Railways to become prime mover of economy once again 2 Resource Mobilization...
  • Rail budget 'most disappointing', claim UP leaders February 26, 2015

    Lucknow: Dubbing the Rail Budget as 'most disappointing' for the state, political parties in Uttar Pradesh on Thursday rued that no new train was allotted even to UP which has elected 73 MPs in the ruling BJP-led NDA at the Centre. "The first full-fledged Rail Budget of the (Narendra) Modi government...
  • Steel firms hail Rail Budget, say it will spur demand February 26, 2015

    New Delhi: Languishing long over a chronic low demand, steel makers lauded the Rail Budget hoping their deliveries would pick up as government plans to spend Rs 8.5 lakh crore over the next five years on capacity building. Though...
  • Rail Budget 2015: When Prabhu invoked 'Prabhu' for betterment of railways February 26, 2015

    New Delhi: There were some lighter moments when Railway Minister Suresh Prabhu, while presenting the Railway Budget 2015, played with his name 'Prabhu' or referred to his Parliamentary colleagues. Talking about reviving the Indian Railways and infusing some new ideas, Prabhu said in the next five years, the government's priority...
  • Breaking Toons: The Rail Budget 2015 February 26, 2015

    As Union Railway Minister Suresh Prabhu presents his maiden Rail Budget, here is what cartoonist Neelabh has to say. ...
  • Rail stocks derail; falls up to 7% as Budget disappoints markets February 26, 2015

    Mumbai: Share prices of companies that cater to the railway sector plunged by up to 7 per cent on Thursday after the Rail Budget 2015-16 failed to boost investors' sentiment. Cimmco tanked 6.93 per cent, Stone India plunged 6.07 per cent, Simplex Castings went down by 4.26 per cent and Kalindee...
  • PM Modi pats Suresh Prabhu's back, hails Rail Budget as futuristic, passenger-centric February 26, 2015

    New Delhi: Hailing the Rail Budget as "futuristic" and "passenger-centric", Prime Minister Narendra Modi on Thursday said it touches all aspects of development and lays out a clear roadmap to make the national transporter the key driver of the country's economic growth. He said the budget is a watershed moment for...
  • Rail Budget 2015: Who said what February 26, 2015

    New Delhi: 'Profound', 'Good', 'Excellent', 'Average', 'just Rhetoric'. These are some of the words used by various political leaders to describe the Railway Budget presented by Suresh Prabhu. Here s what they have said. Shashi Tharoor, Congress MP "The gap between the rhetoric and ground is different. As we have...
  • Railway expects 17% rise in passenger revenue in Financial Year 2016 February 26, 2015

    New Delhi: Railway's earning from passenger traffic is estimated to rise by nearly 17 per cent to Rs 50,175 crore in the next financial year as it expects more number of passengers to travel longer distance. The revenue from passenger traffic is expected to rise at Rs 43,002 crore in 2014-15...
  • Budget: Chanakya's opinion poll on public demands, ways to improve railways February 26, 2015

    This is the first time in many years that a government with full majority will present its railway budget. Today's Chanakya carried out an opinion poll on the public's demands and ways to improve our railways right from tatkal reservations to cleanliness and safety. ...
  • Rail Budget: Prabhu needs to look for ways to raise funds February 26, 2015

    New Delhi: The world's largest passenger carrier (23 million a day), fourth-largest freight carrier (1 billion tonne a year) that operates 19,000 trains daily covering a 65,000 kilometres of route length, the Indian Railways truly is a story of scale. However, another story that has run alongside and grew every...
  • Railways needs Rs 2 lakh crore to complete projects, getting private money is not easy February 25, 2015

    (KH Muniyappa is a seven time MP (Lok Sabha) from Kolar in Karnataka. Between 2004 and 2014, he was minister of state Railways, Transport and Minister of State (Independent charge) Micro, Small and Medium Enterprises) New Delhi: The health of the Indian Railways in not in good shape. The Railways is...
  • Rail budget 2015: Fare hike unlikely, stress on Make in India, cleanliness and safety & security February 25, 2015

    New Delhi: Just a day before the Narendra Modi government is set to unveil the Rail Budget, sources say that its focus will be on attracting investment, modernisation of trains through Wifi and transparency in railway systems. Sources say that a lot of suggestions from the Prime Minister's office have been...