Railway Minister Sadananda Gowda presented the Railway Budget in the Parliament on Tuesday.
The Indian Railways will not be privatised. It will remain with the government, Railway Minister Mamata Banerjee said while presenting the Railway Budget in Parliament on Wednesday.
The search for a 'perfect decision' derailed a 2006 plan to build diesel and electric locomotive factories under the PPP model.
The Annual Plan for Railways in 2013-14 financial year is proposed at Rs 63,363 crore, Union Railway Minister Pawan Kumar Bansal said.
The minister said a premium service for container movement with assured transit time was under consideration for time sensitive cargo.
'Duronto' trains, a non-stop service connecting metros and major state capitals, was announced on Friday by Railway Minister Mamata Banerjee.
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament on Friday. Following is the entire speech of the railway minister:
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament.
With an eye on the forthcoming general elections, Railway Minister Lalu Prasad on Friday presented a feel good, populist interim Railway Budget in Parliament, cutting mail and express train fares by 2 per cent and keeping freight rates unchanged.
The minister of state said the requirement of the ministry was more and resources were limited.
'The government must understand that the Indian Railways is like a Kamdhenu cow. It can look after your GDP, it can look after the health of the nation. But the Kamdhenu cow also needs nourishment.' 'You have not at all looked after the Indian Railways, you have ill treated the Indian Railways, you have mistreated the Indian Railways and you have given the Indian Railways step motherly treatment.' 'I don't think this government has understood the Indian Railways.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances