Highlights of the Railway Budget 2004-2005 presented by the Union Minister of Railways Lalu Prasad Yadav in the Lok Sabha on Tuesday.
The Opposition on Wednesday slammed the Railway Budget saying it will promote regional imbalance and criticised its use to promote political ends. Initiating the general discussion on the Railway Budget in the Rajya Sabha, Kalraj Mishra (BJP) said Uttar Pradesh and Bihar have been neglected and most of the projects have gone to West Bengal.
Mamata Banerjee's Railway Budget evoked mixed reactions. While corporate India welcomed the moves made by the railway minister, opposition political parties flayed the budget calling it a fantasy and opoortunistic. Read on...
It is a Budget 'high on promises but low on design,' the agency said.
Suresh Prabhu is trapped in the 'rhetoric of his own government'.
Gujarat Chief Minister Narendra Modi on Tuesday termed the railway budget as "anti-development" and said that it reflects the "non-performance of the UPA government".
Catch all the debates and discussions from the Lok Sabha.
Experts say Indian Railways must grow its share in the freight market to remain financially sustainable.
The welfare of the common man continues to be the top priority. The minister has reduced fares for the fourth successive year.
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament.
Trivedi presented the Railway Budget in the Parliament on Wednesday.
Plan panel Deputy Chairman Montek Singh Ahluwalia welcomed the initiative to set up a Rail Tariff Regulatory Authority for rationalising fare and freight rates, in the Railway budget.
Following are the highlights of the Railway Budget 2006-07 presented by Union Railway Minister Lalu Prasad Yadav
The Railway Budget speech underscored the Congress party-led government's focus on inclusive growth, after it was re-elected by\na wider-than-expected margin in May.
Railways minister Mamata Banerjee announced the proposal to construct 6,560 staff quarters during the year 2009-10. A thrust would be given under the Corporate Welfare Plan for improvement of staff quarters and colonies. The Budget also proposes to set up indoor stadia in major railway divisions and zones to promote sports and cultural activities among the railway employees.
A more efficient and people sensitive Railway Services system is being rolled out with Next Generation technology, which would make e-ticketing possible through mobile phones as also provide SMS alerts on reservation status.
Railway Safety Plan for 12th Plan would be Rs 16,842 crore (Rs 168.42 billion), the Railway Minister informed the Lok Sabha.
India Inc welcomed the Railway Budget by describing it as "balanced" focused on passenger safety and infrastructure modernisation.
Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for preparation of Union Budget 2024-25 to be unveiled on July 23 in Lok Sabha. The ceremony is a ritual in which traditional dessert 'halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the Budget.
Let's take a look at some behind-the-scene activity before the presentation of the Railway Budget.
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
Though a host of pro-public announcements made by her in the last Railway Budget (2010-11) has been implemented, Indian Railways' finances have gone from bad to worse.
Railways were first introduced to India in 1853.
Deputy leader of BJP in the Rajya Sabha, S S Ahluwalia, maintained that both Houses of Parliament had to be adjourned on Tuesday as the government did not agree to put to vote the discussion on price rise in the Upper House and did not accept adjournment motion in the Lok Sabha.
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.
10 largecaps stocks which stand to gain from the Budget.
It was the humble 'jhola' rather than the traditional leather briefcase Railway Minister Mamata Banerjee preferred to bring her budget papers to Parliament on Friday.
He feels that the Budget presents a realistic picture of railway finances.
In today's perspective, such deprivation and insult has anyone seen"? the former Railway minister said in a Facebook post.
No major announcements or tariff changes for freight or passenger segment likely to be announced.
Railway Minister Suresh Prabhu said Budget-making was guided by the Prime Minister's words of the government being there to protect the interests of the common man.
Rarely do the orders of the Central Administrative Tribunal go beyond redressing the grievances brought before it by employees of the government or other state-controlled organisations.
All meter gauge, narrow gauge sections to be made broad gauge.
Mumbai locals will get a swanky look with state-of-the art coaches.
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