Disposable linen in Rajdhani trains, automatic closing doors in Shatabdi and fire suppression system in passenger coaches are some of the proposals set to be announced in the Rail Budget 2014-15.
Amid protest over the proposed ambitious semi-highspeed SilverLine rail project, also known as K-Rail, the Kerala government on Saturday published the detailed project report that estimated the cost of project to be Rs 63,941 crore.
Private participation in the pilgrim sector will also be encouraged, Railway Minister Sadananda Gowda said while presenting Rail Budget 2014-15.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
The early tabling of the financial Budget ends a 70-year tradition.
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.
The Indian government has increased the salaries of Members of Parliament (MPs) by 24 percent, effective April 1, 2023. This increase was based on the Cost Inflation Index and brings their monthly salary to Rs 1.24 lakh. The notification also included increases in daily allowances for sitting members, pension, and additional pension for former MPs. While some MPs welcomed the increase, others expressed dissatisfaction and instead advocated for a rise in the MP Local Area Development Fund (MPLADS). The increase has been implemented based on the Salary, Allowances and Pension of Members of Parliament Act and the Cost Inflation Index specified in the Income Tax Act of 1961.
The Minister of Railways, Lalu Prasad has announced reduction in passenger fares for non sub-urban mail/express and ordinary passenger trains by one rupee for fares costing up to fifty rupees per passenger.
The Delhi government's budget size for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the preceding year.
In a Women's Day gift, Railway Minister Mamata Banerjee on Tuesday announced free monthly seasonal tickets -- for local travel -- to girls till their college level education.
Indicating that the exit of Dinesh Trivedi as railway minister was only a matter of time, the Trinamool Congress on Thursday said its priority was to ensure a "complete rollback" of the fare hike announced in the rail budget. "Our priority is complete rollback of the hike. How the government does it, only they have to decide. They can do it after the discussion on the rail budget or before that. It is only the government which will have to decide," said Sudip Bandopadhyay.
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The last revision was done in June wherein passenger fares were revised by 4.2 per cent and freight rates by 1.4 per cent.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
Sitharaman said, public private partnership to be unleased to develop rail infrastructure.
Budget is likely to focus on infrastructure creation in the N-E
The railways is firming up plans to set up a traction motor factory in Vidisha and a wagon workshop in Visakhapatnam with an aim of stepping up its manufacturing activities in line with the 'Make in India' campaign.
Stocks might hit new highs even before B-Day.
The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
Jammu and Kashmir Chief Minister Omar Abdullah has said that India and Pakistan came closer to resolving the Kashmir issue during the Manmohan Singh-led UPA government. He added that he does not expect a return to that situation in his lifetime. Abdullah lauded Singh's efforts on Kashmir, including the setting up of working groups on the issue, and said he practically initiated measures for the return of displaced Kashmiri Pandits. The chief minister also praised Singh's contribution to India's economic development.
Outlining the Budget estimates for the coming year, the Railway Minister Suresh Prabhu put the plan size at Rs 1.21 lakh crore.
Modi said the transformations in the country in the past 10 years have reignited a risk-taking culture among the citizens.
The best way for the railways to become more professional will be to get corporatised.
The 30-share Sensex ended at 26,100 mark up by 138 points and the 50-share Nifty closed at 7,787 mark up by 36 points.
'One of the biggest employment generators, the MSMEs, have not got much from the government.'
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.
There would be a marginal 3% increase in freight rates.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
The Confederation of Indian Industry (CII) has called for speedy implementation of key railway projects, such as the Dedicated Freight Corridor, high-speed rail corridors, rolling stock and other capacity enhancement works.
The Indian Railways will develop few stations which will be at par with global standard.
The railway minister has steered clear of populist traps and refrained from making grandiose announcements in terms of new trains and new rail routes. He should now emulate China, and rope in Japan in boosting the rail network, says Rajeev Sharma.
The Kumbh Mela is what it is because of the devotion of millions who make it an experience like no other. It is experiencing the heart and soul of India and the brotherhood of mankind.
Chaos is expected to return to Parliament on Wednesday with the Opposition prepped to target Education Minister Smriti Irani in both Houses.
Chaos is expected to return to Parliament on Wednesday with the Opposition prepped to target Education Minister Smriti Irani in both Houses.
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.
Attacking the prime minister over the removal of Dinesh Trivedi, the Bharatiya Janata Party on Tuesday said if the former railways minister was sacked due to the increase in fares, the role of the prime minister and finance minister should also be questioned in the whole episode. Trivedi, who had presented the Rail Budget on Wednesday, was replaced by Trinamool Congress with Mukul Roy after party chief Mamata Banerjee opposed the increase in rail fares.
The national transporter is also mulling a hike in passenger fares in the Rail Budget next year to tide over the loss in passenger sector
