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.
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.
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).
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.
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.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
Travelling by rail in India was once a pleasure, but has now become a forbidding challenge.
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.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
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.
'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.
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.
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.
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
The projects include commissioning of new lines, gauge conversion and doubling of existing tracks in certain busy stretches.
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.
In Jammu & Kashmir, the minister proposed to set up a bridge factory.
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.
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.
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.
'There is tension between the zones all the time.'
The Budget is expected to make some key announcements, including relief package for farmers, poor and sops for the middle-class.
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.
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.
Improvement in passenger amenities and better interiors would also figure in the budgetary proposals.
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.
RLDA is a statutory authority established by the ministry of railways for generating non-fare revenue from railway land.
Rlys plan 50 garib raths, 450 AC trains; SPVs planned for wagon manufacture for freight corridors.
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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.
Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.
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 66-year-old finance minister underwent a successful kidney transplant surgery in mid-May and was on leave since April due to kidney-related problems and chest infection.
The Railway Minister sanctioned Ganguly's request for utilising the Railway cricket complex in Kolkata for an academy.
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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