In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
As per convention, Railways releases the new time table -- Trains at a glance -- every year on July one across the country. Sources said this year the Railway Time Table Committee, comprising senior officials from various zones, will sit after the Railway Budget is tabled in Parliament.
Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
.jpg)
The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.
Passengers travelling in trains will have to pay more from Monday as the hike in reservation fee and superfast charges comes into effect from April 1.
The train is scheduled to be flagged off on October 4.\n\n
Venting his anguish over disruptions in Parliament, Prime Minister Manmohan Singh on Wednesday said his heart bleeds over what is happening in the House and it is sad for democracy.
Two months after Dinesh Trivedi was removed as railway minister, his party Trinamool Congress continued to target him for hiking passenger fares and advised his successor Mukul Roy on Thursday to follow the policies of Mamata Banerjee in running the organisation. Trivedi was removed from the railway ministry a few days after he presented the rail budget, in which he hiked passenger fares.
In a major step towards providing faster and updated information on rail services, Railway Minister Lalu Prasad on Tuesday
The computerised train enquiry system, started on an experimental basis in Patna this year, will be extended throughout the country by the end of 2005-06, Railway Minister Lalu Prasad said on Saturday.
Dinesh Trivedi takes a dig at Mamata over cartoon row
Struggling to make ends meet, the railways have demanded a doubling of gross budgetary support from the government.
The Trinamool Congress on Monday ruled out expelling Dinesh Trivedi who had to resign after earning the wrath of party chief Mamata Banerjee for raising passenger fares in rail budget.
Railway Minister Dinesh Trivedi's problems appeared to have compounded on Saturday with members of his party, the Trinamool Congress asking him to vacate his parliamentary seat.
The Congress on Thursday sought to downplay the Dinesh Trivedi episode, saying it is an internal affair of the government and it could not be discussed outside.
Railway Minister Dinesh Trivedi's remarks after presenting the rail budget make it clear that he knew all along that he was on his way out. Sheela Bhatt reports.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
Railway Minister Lalu Prasad announced introduction of 40 new trains, including eight Garib Raths, in the Rail Budget 2007-08 presented on Monday.
As yet another Rail budget is set to be unveiled, Railways has seen several former Ministers like Suresh Kalmadi and Dinesh Trivedi getting derailed after remaining at the helm.
Congress and the Communist Party of India-Marxist workers on Saturday took to the streets in the national capital protesting the "massive" rail fare hike and demanding its immediate rollback, saying that the government's decision will lead to rise in prices of essential commodities.
Passengers can now dial 139 for rail information from any part of the country.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Besides the ongoing 50 per cent Rail concessions for accredited journalists, the Rail Budget for 2003-04 has proposed extending this concession in Rajdhani and Shatabdi express trains where the concession would be 30 per cent.
Uttam Ghosh on how rail passengers will benefit from the Railway Budget.
'We carry 6.5 billion passengers every year. We have crossed seven billion this year, and are targeting 10 billion by 2030.'
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
Recent derailments had brought the vulnerability of the national carrier into the limelight. For the railways, the fund allotment of Rs 1 lakh crore towards safety, is a welcome move, says Subrat Nath.
Get ready to shell out Rs 5 instead of Rs 3 for entering railway platforms across the country as the increased platform ticket rate will come into effect from Tuesday.
Railway Minister Sadanand Gowda presented the Railway Budget for 2014-15 on Tuesday.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.
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.
Bihar chief minister Nitish Kumar utilised railway minister Mamata Banerjee's Rail Budget on Friday to fire another salvo at her predecessor Lalu Prasad saying the planned white paper on the present financial status of the railways would 'expose' his arch rival. Nitish, a former railway minister himself, said the white paper would unravel the truth behind Lalu's claims that Railways earned huge profits successively during his five-year tenure.
If the current revenue figures are any indication, Railways could just about miss their target for the present fiscal ahead of the coming Rail Budget.
Bihar Chief Minister Nitish Kumar on Wednesday welcomed Railway Minister Mamata Banerjee's announcement that there was no move to privatise the railway sector.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Living up to his promise of presenting a people-friendly Rail Budget, with one eye on the general elections to be held due next year, Indian Railways Minister Lalu Prasad tabled a populist budget in the Lok Sabha on Tuesday.
Railway Minister Lalu Prasad Yadav presented the Railway Budget for 2005-06 in Parliament on Saturday.
A senior railway official said, "It (white paper) isalmost ready and final touches are being given to it."
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances