The Ministry of Railways has sought additional funding from the Centre after the recent diesel price hike. Minister of Railways Pawan Bansal on Saturday said, "Rs 6600 crore is enough for operational work only. We have insufficient funds for other maintenance work. If we need to hire more trains, maintenance of existing trains, electrifications etc, we need more." ...
06:16 PM, Feb 02, 2013
Burdened with increased diesel cost and a large number of pending projects, railways have sought Rs 38,000 crores as general budgetary support from the Finance Ministry for fiscal 2013-14. Railways had received Rs 24,000 crores from the Finance Ministry as support in the current fiscal. ...
03:39 AM, Feb 02, 2013
Vijayawada: National Federation of Indian Railwaymen (NFIR) on Friday said the Centre should take immediate steps to improve the financial health of Railways and prevent it from going the way of debt-ridden Air India. The Government should either hike the passenger fares (hike announced in last month's Rail budget was partially rolled back) or reimburse subsidies borne by the undertaking in order to strengthen its financial condition, NIFR General Secretary...
06:29 PM, Apr 06, 2012
New Delhi: Passengers travelling in AC 1 and AC 2 classes in trains will have to shell out more from Sunday when the upward revision in higher class fares will come into effect. The fare is also being hiked in Executive class and first class as per the Rail Budget 2012-13 announcements. The revised tariff will also be applicable to tickets issued in advance for journey to commence on or...
05:06 PM, Mar 31, 2012
If you think a week is a long time in politics, just forget it. In India, it can take just a few hours for a ...
08:48 AM, Mar 26, 2012
Former Union Minister Dinesh Trivedi has claimed that Prime Minister Manmohan Singh would have been prepared to retain him as the Railway Minister, even at the cost of losing the TMC's support. The TMC leader was speaking to Karan Thapar on Devil's Advocate. Below is the transcript of a part of the interview: Karan Thapar: Many people felt that you deliberately delayed resigning because you hoped you might not have...
01:43 PM, Mar 23, 2012
New Delhi: Mamata Banerjee has had her way again and the passenger fare has been rolled back. The announcement was made by new Union Railway Minister Mukul Roy on Thursday. What happens to the railways now? Will the plans of modernisation of railways go off-track? Dinesh Trivedi, the man who lost his job for not following the rope of 10 years of no fare hike still believes his budget was...
09:49 PM, Mar 22, 2012
New Delhi: After new Rail Minister Mukul Roy rolled back the passenger fare hike announced by Dinesh Trivedi in the Rail Budget, the former rail minister said he is happy with the Rail Budget that he prepared. Saying that it is not proper for him to react on the current Railway Minister's comment, Trivedi said he raised the fares to make the Railways safer. "I am concerned about railway safety,"...
03:43 PM, Mar 22, 2012
New Railway Minister Mukul Roy on Thursday announced the rollback in his reply on the Rail Budget in Parliament. ...
02:47 PM, Mar 22, 2012
New Delhi: All eyes will be on Parliament on Thursday where newly elected Railway Minister Mukul Roy is set to take questions on the Rail Budget. Facing a daunting task of managing railway finances, Roy is expected to roll back proposals for passenger fare hike in second and sleeper classes in the Rail Budget presented by his predecessor. Railways is in the need of massive investment for modernisation of its...
08:52 AM, Mar 22, 2012
New Delhi: Former Railway Minister Dinesh on Tuesday indicated that Trinamool Congress chief Mamata Banerjee knew about proposals in the rail budget presented by him. "I am too dignified. I would rather not talk about it. But the whole world knew about it and my party is part of the world. They knew more than anyone else. That's it," Trivedi told CNN-IBN. Trivedi was Railways Minister for eight months but...
08:59 AM, Mar 21, 2012
New Delhi: Railway unions on Tuesday threatened to launch an agitation against the possible rollback of passenger fare hike and demanded a matching grant from the government if it is done. In a letter to Prime Minister Manmohan Singh, five federations - All-India Railwaymen's Federation, National Federation of Indian Railwaymen, Federation of Railway Officers's Association, All-India RPF Association and Indian Railway Promotee Officers Federation - have sought appointment with him...
05:15 PM, Mar 20, 2012
New Delhi: The shadow of Dinesh Trivedi loomed large in the Lok Sabha on Tuesday during discussion on the Railway Budget 2012-13 with the Opposition taking barbs at the Congress-led coalition in the wake of pressure by its allies. "Since the time the UPA government has been formed, the coalition train in which the Prime Minister is in the engine is being stopped by one and all by frequent pulling...
03:38 PM, Mar 20, 2012
New Delhi: The Opposition created a ruckus in the Lok Sabha after the new Railway Minister Mukul Roy did not reach the House to participate in the discussion on the Rail Budget. Speaker Meira Kumar tried to pacify the members by saying that the Railway Minister would soon join the House. Soon after, Mukul Roy arrived in the Lok Sabha and said, "I was introduced by the Prime Minister in...
12:13 PM, Mar 20, 2012
New Delhi: Widely expected to roll back the lower class fare hike proposed by his predecessor Dinesh Trivedi, Mukul Roy on Tuesday parried questions on what he plans to do about the hike. "Whatever I have to say I will say in Parliament as the Railway Budget is the property of Parliament," Roy, who was on Tuesday elevated to cabinet rank to take over as the Railway Minister, said. He...
11:31 AM, Mar 20, 2012
New Delhi: Trinamool Congress MP Mukul Roy took oath as the new Railway Minister on Tuesday at the Rashtrapati Bhawan. Roy replaced Dinesh Trivedi, who had to resign as the Railway Minister after pressure from the Trinamool Congress over hike in passenger fares in the Rail Budget presented by him. Roy, who is also the MoS for Shipping, will reply to the debate over the Rail Budget in Parliament, which...
10:07 AM, Mar 20, 2012
New Delhi: Trinamool Congress MP Mukul Roy is all set to take over as the new Railway Minister. He will be sworn in on Tuesday morning at the Rashtrapati Bhawan. Roy, who is also the MoS for Shipping, will reply to the debate over the Rail Budget in Parliament, which is slated later this week. TMC Chief and West bengal Chief Minister Mamata Banerjee had insisted that the new Railway...
07:30 AM, Mar 20, 2012
Dinesh Trivedi, Lok Sabha MP and former Railway Minister, was born in New Delhi on June 4, 1950, to Hiralal and Urmila Trivedi, a Gujarati couple. They had migrated to India from Karachi during India's partition. Partition took a terrible toll on the stability of the Trivedis who moved from Patiala to Ropar to Bhatinda and then to New Delhi. Stability came when his father landed a job at the...
12:11 AM, Mar 20, 2012
New Delhi: Trinamool Congress leader Mukul Roy will be sworn-in Tuesday as Cabinet minister to replace his party colleague Dinesh Trivedi who has resigned as railway minister. This came after President Pratibha Patil accepted Trivedi's resignation on Monday night. "The President of India, as advised by the prime minister of India, has accepted the resignation of Dinesh Trivedi from the union council of ministers, with immediate effect," a statement issued...
10:40 PM, Mar 19, 2012
New Delhi: Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee on Monday said that the Trinamool Congress would withdraw from the Congress-led United Progressive Alliance Government (UPA) if humiliated. In an exclusive interview to a IBN18 Editor-in-Chief Rajdeep Sardesai, she defended her decision to push for Dinesh Trivedi's sacking from the Union Cabinet after he raised passenger fares in all the classes in the budget. Here is a...
10:33 PM, Mar 19, 2012
