Some say it is time to decongest the existing line infrastructure and cater to the supply shortage of rolling stock to meet the demand for bulk commodities such as coal, cement and foodgrains.
After presenting his first railway budget, Mallikarjun Kharge on Wednesday said he was not for populism but wanted to be "realistic" to ensure that the national transporter thrives for the people of the country.
Fifty-seven new trains were proposed by the railways minister Mamata Banerjee as she presented he Railway Budget for 2009-10 in Parliament on Friday.
IRCTC will work on Kisan Yatra, a special travel scheme to help farmers to learn about new farming and marketing technique.
Out of 120 trains announced in last Budget, only three remain to be flagged off because of lack of broad-gauge lines, Banerjee said.
Gowda has also failed to offer clarity on reforming the Railway Board.
Government has been trying to get rid of the impression that it is caught in "policy paralysis".
Trinamool Congress leader Mukul Roy was on Tuesday elevated to Cabinet rank to take over as Union railway minister replacing Dinesh Trivedi, who was forced to resign after Congress caved in to Mamata Banerjee's pressure.
All eyes are now on the low profile Mukul Roy, Trinamool Congress general secretary and Minister of State for Shipping.
All eyes are now on the low profile Mukul Roy, Trinamool Congress general secretary and Minister of State for Shipping.
After presenting the Railway Budget, Railway Board Chairman Vinay Mittal and Financial Commissioner Vijaya Kanth spoke to Business Standard on the proposals.
PMO officials said while they had got a request from Trinamool Congress MPs for a meeting with the PM, no letter recommending Trivedi's replacement had been received till late Wednesday night.
Trinamool Congress chief Mamata Banerjee has no qualms in mixing economics with politics, which is evident from her reaction to the railway budget, says Renu Mittal.
Angry over the hike in passenger fares in the Railway Budget, Trinamool Congress chief Mamata Banerjee on Wednesday asked Prime Minister Manmohan Singh to remove her party nominee Dinesh Trivedi from the post of railway minister.
Plan panel Deputy Chairman Montek Singh Ahluwalia welcomed the initiative to set up a Rail Tariff Regulatory Authority for rationalising fare and freight rates, in the Railway budget.
Railway investment in the 12th Plan to be Rs 7.35 lakh crore
'At least one specially designed fully accessible railway car should be added to every train'.
Cement, coal, steel and urea prices are likely to go up
Disagreeing with the formula of hike of one paisa or two paisa per km, Mamata said, "In railways there is no travel for a distance of mere one km or two km distance.
After a five-day waiting game, Railways Minister Dinesh Tiwari has resigned, according to Trinamool Congress sources. Tiwari met with TMC chief Mamata Banerjee, and expressed his willingness to quit.
Unfazed by the attack on him by his own party for raising rail fares, Railway Minister Dinesh Trivedi on Wednesday justified the move saying it was a "conscious decision" in the best interest of the Railways.
A team of Trinamool Congress Members of Parliament met Railway Minister and party colleague Dinesh Trivedi soon after he presented the Railway Budget in which he proposed to hike fares across all classes.
India Inc welcomed the Railway Budget by describing it as "balanced" focused on passenger safety and infrastructure modernisation.
While the session will begin with the President's address to the joint sitting of the two Houses, the same day the pre-budget economic survey will be tabled.
Jaitley began his speech by saying that today is the auspicious day of Basant Panjami and that "spring is the season of optimism".
Railways had announced introduction of 99 new trains, including express and passenger services in the last budget, but till date 31 trains, including seven Duronto trains, two double decker AC trains and one Shatabdi Express have not been made operational, a data prepared by the ministry said.
The sources also said that the Budget session of Parliament is likely to start from March 12.
According to the sources in the government, Union Budget 2012-2013 is likely to be presented in Parliament on March 19, 2012.
Trivedi played a smart one, but not a very intelligent one, on Mamata, but she is likely to have the last laugh on the issue, reports Sheela Bhatt
He was asked if there will be any roll back in the hike in passenger fares.
All meter gauge, narrow gauge sections to be made broad gauge.
BSE market breadth is positive. Out of 1,509 shares traded, 1,073 shares have advanced while 378 shares have declined in trades.
The rates are hikes by almost 8 per cent.
The Union Cabinet will soon take a call on setting up Railway Development Authority of India, an independent regulator, which will decide on passenger and freight rates
Presenting the Railway Budget for 2010-11 in Parliament, the minister said outpatient departments and diagnostic centres will be set up in several stations across India.
The minister also announced that in order to continue the pace of infrastructure creation, her ministry proposes to process 53 new rail connectivity proposals in 2009-10 besides the above-mentioned lines.
India's food processing minister Subodh Kant Sahay on Thursday met Finance Minister Pranab Mukherjee in New Delhi ahead of the general\nbudget on July 6.
Railways have earned Rs 9452.84 crore (Rs 94.52 billion) in April, registering a decrease of 7.94 per cent.
Overhauling portfolios or making hasty investment decisions based on the budget will only hurt you.
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