Biju Janata Dal termed the Budget, which was presented in Parliament by Rail Minister Sadananda Gowda, 'quite shocking' and 'illogical' as it complained that no emphasis had been made in it for the areas that generated more revenue from freight.
The capital outlay to cover the modernisation programmes have got a hike of 10.05 per cent.
Railways must pull back its share of freight traffic.
Better funding assistance & reforms needed for tourism-related development projects.
Congress leader Rahul Gandhi on Monday said his party would conduct a "caste census" if elected to power as only such an exercise would ensure the "participation of OBCs, Dalits, tribals and women".
NDA leaders have decided not to allow transaction of any business in Parliament till 'tainted' Union ministers are dropped.
A day after proposing fare hike in the rail budget which has threatened his job, a defiant Railway Minister Dinesh Trivedi on Thursday said he would repeat the same if asked to present the budget again.
The finance ministry has advocated an increase in auto and cooking fuel prices only after the Budget is tabled in Parliament on February 26 in an effort to avert possible united protests from the United Progressive Alliance's non-Congress allies and opposition parties ahead of a busy opening week of Parliament.
About 110 tonnes had been loaded additionally in the 55 goods wagons.
The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya.
'On the tax front, most of the Budget proposals are sensible'.
What is required from government is intellectual framework.
The Rail Budget will be presented in the first week of July and a balance between the 'commercial and human face' of the railways will be maintained, railway minister Mamata Banerjee said on Thursday. She also hinted that she would spend more time in her home state than in Delhi as the official work can also be carried out from West Bengal.
Can Jaitley's team hope to garner 17% more on personal income tax?
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
Dinesh Trivedi continued to be Railway Minister on Thursday but only just with the United Progressive Alliance leadership appearing to have buckled under the Trinamool Congress demand to sack him, an action that has been temporarily delayed by the Union Budget to be presented on Friday.
In August 2013, the Cabinet had given an in-principle nod to set up the authority and sent a draft note to the railways, to be discussed with the law ministry.
The redevelopment of stations is good news for construction companies.
The year 2015 has seen eight accidents because of derailments.
According to the latest Budget papers, the staff strength of central ministries and departments is estimated to rise by 276,796 to 3.44 million at the end of FY23, it would be up by 109,266 to 3.55 million in March 2024.
Indian Railways expect to more than double their surplus to Rs 1,975.98 crore (Rs 19.75 billion) in 2005-06 compared to the target set for this fiscal thanks to higher earnings and sustained growth in transport and economy.
Mumbai locals will get a swanky look with state-of-the art coaches.
Railway Minister Suresh Prabhu faces a stiff dilemma on whether to raise fares and freight rates in his second Rail Budget.
Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May period to Rs 1.39 trillion. The National Highways Authority of India (NHAI) and the Railways have started this financial year's capex cycle on a stronger note. In the first two months of FY24, the 54 CPSEs, along with the departmental arms, achieved 19 per cent of their combined budget target of Rs 7.33 trillion, Business Standard has learnt.
Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.
Senior citizens, differently-abled, pregnant women and medically sick travellers will be given a preference
Noting that the new trains will connect the culture of Telangana and AP, Modi said Vande Bharat symbolises new India's resolution and capabilities.
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
Finance Minister Pranab Mukherjee's Budget presentation on Monday was in sharp contrast to his colleague Railway Minister Mamata Banerjee's disorderly and oft-disrupted performance.
Inviting private sector in Indian Railways is a good idea.
The total salary and pension bill of the central government, which will also include Railway employees, will go up from estimated Rs 4.33 lakh crore to Rs 5.35 lakh crore during 2016-17
Bowing to pressure, the finance ministry may give industry relief from some of the new levies proposed in the Budget.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
No increase in passenger and freight fares. Ticket reservations over mobile phones to be introduced soon.
Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council
Indian Railways has to up investment to strengthen network just like China and Russia.
Experts recommend awaiting the findings of the 2021 Census, which is yet to be conducted, before introducing population control policies.
Amid railways eyeing higher revenue from travellers in air conditioned coaches, the number of passengers in AC First Class and AC 3 Tier registered a decline in 2013-14 as compared to the previous fiscal.
