The Railway ministry has been allocated budgetary support of Rs 140367.13 crore in the Union Budget on Tuesday - Rs 20,311 crore more than the revised figures of the previous fiscal. Overall, the national transporter is set to get a capital expenditure (CapEx) push of Rs 2.45 lakh crore in the financial year 2022-23, 14 per cent higher than the budgeted capital expenditure of Rs 2.15 lakh crore for the current financial year. Finance Minister Nirmala Sitharaman in her Budget speech for 2022-23 said that India will manufacture 400 new, energy-efficient Vande Bharat trains in the next three years.
The Budget sets out a comprehensive vision.
At the Leo fete, Vijay had this also to tell his fans: 'I know you all are in my heart. But today, I also know that I am also in the hearts of all of you...' A typical politician's line, did you say, asks N Sathiya Moorthy.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
The opposition also made it clear that they have taken over the state-wide protest against SilverLine and would continue the agitation till the government withdraws from the initiative which they termed as "destructive" for the southern state.
Finance Minister Arun Jaitley announced slew of reforms for the masses.
Humsafar will be launched as overnight inter-city service on high-demand routes
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.
The first ever air-conditioned suburban local for Mumbai, which was flagged off from Integral Coach Factory in Chennai on March 31, has finally arrived in the metropolis, and its trial run would take place within a week, said a senior Central Railway official on Tuesday.
Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.
Sparks flew on the first day of the debate on the no-trust motion moved by the Congress with the Opposition on Tuesday asserting that it was forced to do so to break Prime Minister Narendra Modi's 'maun vrat' (vow of silence) on Manipur and the treasury benches hitting back saying it was a no-trust vote against a 'poor person's son' who has worked for the welfare of the people.
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
E-Samiksha can be used for monitoring the infra target.
Union Minister Ravi Shankar Prasad has justified the Narendra Modi government's move to raise the rail fare by 14.2 per cent, saying it was a result of the policies undertaken by the previous United Progressive Alliance government. In an exclusive interview to CNN IBN, Prasad blamed the UPA II government for leaving Indian Railways in shambles, adding that his government never knew that the railways was bleeding, thanks to the Congress-led regime.
Railway Minister Pawan Kumar Bansal did not hike passenger fares.
we are facing a situation of empty coffers but eagerness to expand.
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Ugly scenes were witnessed in the Lok Sabha on Tuesday when Bharatiya Janata Party and Trinamool Congress members came to the verge of a clash over the Railway Budget whose withdrawl was demanded by members from West Bengal.
The funding for Metro Railway projects will be hiked by 5 per cent.The Kolkata Metro will be extended inside the city.
India's cargo trains run at 19-30 km an hour, they run at 120 km in China - and the difference is only growing.
The cross-Line of Control surgical strikes, policy towards Pakistan, the situation in Jammu and Kashmir, besides One Rank, One Pension and the plight of farmers were also among issues that were raised at the meeting with parties demanding discussion on them.
The government on Wednesday said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.
Rlys plan 50 garib raths, 450 AC trains; SPVs planned for wagon manufacture for freight corridors.
A passenger on Guwahati-bound Rajdhani train found that the vegetarian dish he ordered contained pieces of bones.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
She said that the budget will have approach for 'inclusive growth' and expansion of rail network to take development to every corner of the country.
Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.
Budget in the medium term aims to kick-start the investment cycle.
Effective from midnight of January 21, the hike will help railways earn an additional Rs 6,600 crore a year. Railway Minister P K Bansal said it was imperative.
Delhi Chief Minister Arvind Kejriwal says surge pricing is daylight robbery and no responsible govt can allow that.
President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday. Here are the highlights of President Pranab Mukherjee's speech:
In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.
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NDA government has shunned populism.
The service will be launched on a few select trains to facilitate passengers to contact onboard staff through SMS or phone call for complaints related to cleanliness in coaches, toilets and other problems faced during journey.
He was asked if there will be any roll back in the hike in passenger fares.
Presenting the Railway Budget for 2010-11 in the Lok Sabha on Wednesday, Railway Minister Mamata Banerjee said that there will be no hike in freight tariff.