Officials in the railway ministry are discussing a proposal by Railway Minister Mamata Banerjee to cut the premium on Tatkal (instant) tickets and reduce its booking period to give the railway budget an aam aadmi touch.
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.
The Indian Railways will be the lead partner for Commonwealth Games. Special trains will run during the Commonwealth Games.
The recent fuel price hike, especially of the diesel, will increase the expenditure bill for the Indian Railways by about Rs 250 crore (Rs 2.5 billion).
The move can help mop up about Rs 1.2 lakh every day for the purpose.
Cement may get costlier by Rs 7 per bag of 50 kg because of the hike in freight rate by 5.79 per cent in Railway Budget today, but manufacturers of the building material said a final call will be taken after the Union Budget.
He said that efforts were being made either to close or man such crossings in the next two years.
After a five-day waiting game, Railways Minister Dinesh Tiwari has resigned, according to Trinamool Congress sources. Tiwari met with TMC chief Mamata Banerjee, and expressed his willingness to quit.
Travelling by rail in India was once a pleasure, but has now become a forbidding challenge.
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.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
'Duronto' trains, a non-stop service connecting metros and major state capitals, was announced on Friday by Railway Minister Mamata Banerjee.
Passengers can now buy reserved tickets from 5,000 post offices, Railway Minister Mamata Banerjee said presenting the Railway Budget on Friday.
The Re 1 cut in diesel prices could lead Railway Minister Lalu Prasad Yadav to announce a reduction in passenger fares in the forthcoming Railway Budget.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
Railway Minister Lalu Prasad Yadav on Wednesday said next year's railway budget would have surprise content and promised that there would not be any hike in passenger fares and additional surcharge.
The projects include commissioning of new lines, gauge conversion and doubling of existing tracks in certain busy stretches.
Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.
In Jammu & Kashmir, the minister proposed to set up a bridge factory.
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.
This was on the expected lines after Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee played a major role in getting the former Railway Minister Dinesh Trivedi resign.
A smiling Rabri Devi, who watched the presentation of the Railway Budget on television, said that it was a best ever Railway Budget. "There is little doubt about it," she claimed.
The Railways on Monday announced that Tatkal reservation on trains will open only two days before the journey, instead of the past practice of when Tatkal tickets were available five days in advance.
Railway Minister Mamata Banerjee has announced Yuva air-conditioned (AC) trains to be introduced for the youth whereby one would have to pay Rs 299 for distances upto 1,500 km and Rs 399 for distances upto 2,500 km. The Railways will also start non-stop trains, Turonta for the first time in history. The 12 trains include - Howrah-Mumbai, Chennai-Delhi, Delhi-Pune, Howrah-Delhi, Kolkata-Amritsar, Mumbai-Ahmedabad, Delhi-Jammu, Delhi-Allahabad.
With a view to reducing its dependence on conventional sources of energy, Railways is looking to harness solar power in a big way and is likely to include a plan for the same in its upcoming budget.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
'There is tension between the zones all the time.'
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.
Improvement in passenger amenities and better interiors would also figure in the budgetary proposals.
RLDA is a statutory authority established by the ministry of railways for generating non-fare revenue from railway land.
The Budget is expected to make some key announcements, including relief package for farmers, poor and sops for the middle-class.
Rlys plan 50 garib raths, 450 AC trains; SPVs planned for wagon manufacture for freight corridors.
From filling vacancies in government jobs to providing a minimum support income of Rs 72,000 per year for the poor families, the party went all out to woo the voters.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
The railways have been able to project improvement in finances.
The Union Minister of Railways, Lalu Prasad while presenting the Interim Railway Budget 2009-10 in the Lok Sabha on Friday, announced the introduction of 43 new trains which include four Garib Raths.
The Railway Minister sanctioned Ganguly's request for utilising the Railway cricket complex in Kolkata for an academy.
Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.
The Railway Board issued a notification a few months ago under which divisional regional managers of certain zones were given financial powers to levy a surcharge from passengers who insist on seeking reservation for lower berths.
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