The minister said that the objective of larger investment is to increase the transport capacity of the Railways and to reduce the unit cost of operations. Railways' investment outlays have been stepped up from Rs 13,394 crore (Rs 133.94 billion) in 2003-04 to Rs 36,773 crore (Rs 367.73 billion) in 2008-09.
Presenting the Interim Railway Budget 2009-10 in the Lok Sabha on Friday, he informed that the number of consequential accidents came down to 194 in 2007-08, as against 325 in 2003-04.
Speaking at the inauguration and laying of foundation schemes of various schemes, Modi said, Leh and Ladakh will also be benefited by this.
The new Insurance Bill may take little time to see light of teh day.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
'It is less polarising than Hindutva.'
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
Currently, companies are taxed in the jurisdictions in which they have a physical presence. However, digital businesses generate revenues from markets without a significant physical presence in a country.
DEA officials to push for this at a meeting with FM Jaitley.
Here are five talking points from the weekend's action:
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
If the surge in tax collections is sustainable, the finance minister has the elbow room to shoot for a fiscal deficit
The workers' union has accepted the '10-step' pay hike to be granted to them by way of an interim measure by the civic transport undertaking's management.
The government on Thursday issued an ordinance for setting up a full-fledged Pension Fund Regulatory and Development Authority akin to Insurance Regulatory and Development Authority and Securities Exchange Board of India.
Income will be higher as spectrum in 2,100-MHz band will also be auctioned
Rio de Janeiro will deliver a successful Olympic Games, the International Olympic Committee (IOC) said on Sunday, despite delays in preparations, lack of funds and the country suffering from its biggest political and economic turmoil in decades.
Before leaving for Mumbai on Tuesday, Parrikar held a series of meetings, including one with senior state ministers.
The Railway Minister sanctioned Ganguly's request for utilising the Railway cricket complex in Kolkata for an academy.
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