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 realistic and others term pedestrian. ...
07:44 AM, Feb 27, 2013
BJP president Rajnath Singh, on Tuesday, accused the UPA government of a lack of vision to revive the railways and said that the common man has been forced to pay for mounting losses in the carrier. ...
03:46 AM, Feb 27, 2013
Gujarat Chief Minister Narendra Modi on Tuesday termed the Railway Budget as "anti-development" and said that it reflects the "non-performance of the UPA government". "The Centre's railway budget is anti-development and showcases the non-performance of the government. It will increase the burden of rising prices on the common people," Modi tweeted. ...
02:26 AM, Feb 27, 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. ...
11:54 PM, Feb 26, 2013
Pawan Kumar Bansal, who had brought in effect an across-the-board hike in fares in January, decided to not call this a fare hike. ...
11:47 PM, Feb 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". ...
10:00 PM, Feb 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. ...
09:54 PM, Feb 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. ...
09:50 PM, Feb 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. ...
09:40 PM, Feb 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. ...
07:31 PM, Feb 26, 2013
IIM-Ahmedabad's Professor G Raghuram joined IBNLive readers for an interaction on the impact of Railway Budget on people & economy. ...
07:14 PM, Feb 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". ...
06:44 PM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal announced 67 new express trains and 26 new passenger trains as part of the Railway Budget 2013-14. ...
06:20 PM, Feb 26, 2013
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 with freight tariff, which he claimed would be less than five per cent. ...
05:48 PM, Feb 26, 2013
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. ...
05:40 PM, Feb 26, 2013
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 terming it "realistic" and said he did whatever he can to satisfy the allies. ...
05:23 PM, Feb 26, 2013
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 being introduced on freight tariff from April one, would alone fetch an additional revenue of Rs 4,200 crore, Railway Minister Pawan Kumar...
05:10 PM, Feb 26, 2013
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 Samaj Party too were unhappy saying it was anti-poor and ignored areas of Uttar Pradesh which need rail infrastructure for economic development....
04:52 PM, Feb 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. ...
04:17 PM, Feb 26, 2013
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. ...
04:02 PM, Feb 26, 2013
