Like 2017-18, govt will seek comments from the public at large, including Facebook and Twitter
The project will eventually be rolled out to cover 400 railway stations across India
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
The minister outlined proposals on cleanliness.
The levy of service tax for transport of goods by rail, transport of cargo, goods through inland water including national waterways will hike the transport cost.
For 2017-18, the plan size has been pegged by the Railways at Rs 1,31,000 crore.
Climbing down from its austerity drive, Railway Minister Nitish Kumar on Wednesday pegged working expenses of the Railways higher at Rs 39447.14 crore (Rs 394.47 billion) for 2003-04
The redevelopment of stations is good news for construction companies.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
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The development comes after the National Democratic Alliance government this year broke a 92-year-old tradition of presenting a separate Railway Budget, according to suggestions made by the Debroy committee.
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
Rail Budget for 2003-04 has proposed bringing down the age limit for senior citizens concession from 65 years to 60 years.
Capital expenditure (capex) by 54 large central public sector enterprises (CPSEs) and five departmental arms with an annual capex target of Rs 100 crore and above has reached around 42.5 per cent of their annual target of about Rs 7.33 trillion in this financial year so far, a senior official from the Ministry of Finance told Business Standard. "The Centre is pushing the big public undertakings in the infrastructure and refinery sector to achieve 90 per cent of their target by the end of the third quarter," he said. The capex by this group of CPSEs stands at around Rs 3.1 trillion in the April-August period so far.
The railways has spent more than Rs 1 lakh crore on safety measures between 2017-2018 and 2021-22 with a steady growth in expenditure on track renewal, according to an official document.
Railways is expecting investment through various partnerships.
While booking tickets was a problem, cancelling those booked tickets and getting refunds were more problematic.
Inviting private investment, Railways Minister Suresh Prabhu on Friday said a transparent system is being put in place to facilitate it and moves are afoot to revamp the ministry's public-private-partnership (PPP) cell.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
For example, railways, roads and highways, and shipping could form a section within the Budget as an omnibus transport sector
Senior citizens, differently-abled, pregnant women and medically sick travellers will be given a preference
Hinduja Group Chairman S P Hinduja on Saturday hailed the Modi government's Budget as "socially inclusive" that lays a clear roadmap for placing India on double digit growth trajectory in the medium term.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May period to Rs 1.39 trillion. The National Highways Authority of India (NHAI) and the Railways have started this financial year's capex cycle on a stronger note. In the first two months of FY24, the 54 CPSEs, along with the departmental arms, achieved 19 per cent of their combined budget target of Rs 7.33 trillion, Business Standard has learnt.
The first tranche of central government funding for the third phase of the Delhi Metro commuter rail project is likely to come in the coming 2011-12 Budget.
The BJP leadership believes these parties are flexing their muscles in the run-up to the Lok Sabha polls for better seat-sharing deals.
Attacking the government for a provision of a mere Rs 500 (Rs 5 billion).
Nineteen people have been killed in rain-related incidents in Uttar Pradesh in the past 24 hours, the state relief commissioner's office said Monday evening.
Bowing to pressure, the finance ministry may give industry relief from some of the new levies proposed in the Budget.
"Earlier, governments were busy in vote bank appeasement but we are busy satisfying people," the prime minister said.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
While it's fun for a bit to see enormous robots smashing into one another, it quickly evokes the 'been-there-seen-that' feeling, observes Mayur Sanap.
Metered taxis, entry to amusement facilities, second-class rail travel, and betting, gambling and lottery will not attract the 12 per cent Service Tax, as per the budget proposal.
The platform ticket price was revised from Rs 5 to Rs 10 in April this year.
Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.
Jaitley increased the excise duty on most tobacco products by 10-15 per cent.
The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.
Biden said over a year later Russian President Vladimir Putin has "failed and he continues to fail".
Though letter of allotments of land were issued to a few hotel chains like Royal Orchid and Signet Hotels for 20 sites last year, land could not be transferred due to the objections raised by the Rail Land Development Authority. The hotel plan was unfolded by the IRCTC in 2006 and accordingly 100 railway sites were selected for setting up budget hotels on public private partnership model.
The Budget session of Parliament on Monday got off to a stormy start with the first day in Lok Sabha being virtually washed out on the issue of price rise and rail fare hike as a strident Opposition insisted on a discussion under an adjournment motion.
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