Railway Minister Mamata Banerjee will present the Rail Budget on July 1.
BJP member Ananth Kumar was debating Mamata Banerjee's promise to upgrade 309 stations as 'model' ones, of which 137 were in West Bengal. Intervening, Lalu Prasad Yadav said, "World-class station banana to ek soch hai. Yeh banna to hai nahi. Aap pareshan kyon ho rahe hain? In this connection, he said during his tenure also he had proposed to upgrade Patna station which never happened.
We have only rationalised the freight rates, says the minister.
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.
Railways Minister Suresh Prabhu tabled the Railway Budget on Thursday
Three new non-stop Duronto trains will be launched on Wednesday, the last day of the current financial year. They are the New Delhi-Bhubaneswar, New Delhi-Howrah, and Delhi Sarai Rohilla-Jammu Tawi Duronto expresses.
The Minister of Railways, Mamata Banerjee on Friday announced several concessions for the students in the Railway Budget for 2009-10.
The Indian Railways will develop few stations which will be at par with global standard.
The next government should view Indian Railways as a strategic tool, not legacy problem.
As part its efforts to get more freight from highways and address shortage of wagons, Railway Minister Mamata Banerjee on Wednesday proposed to introduce a modified wagon investment scheme for high-capacity general and special purpose wagons.
Bihar Chief Minister Nitish Kumar on Tuesday asked for allocation of sufficient funds for the ongoing projects and introduction of new trains in the state.
"The running of Bharat Teerth is to emphasise our unity in diversity and bring to reality Kabiguru's (Rabindranath Tagore) words in our national anthem Punjab Sindhu Gujarat Maratha, Dravida Utkala Banga, Vindhya Himachal Yamuna Ganga," railway minister Mamata Banerjee said.
Trivedi's resignation came amidst the exodus from Mamata Banerjee's party ahead of the West Bengal assembly poll.
If the current revenue figures are any yardstick to go by, Railways could just about miss their target for the present fiscal ahead of the Rail Budget.
Speaker Meira Kumar said in her valedictory address that the Lok Sabha lost over 23 hours and 34 minutes due to interruptions and forced adjournments, but it sat late for 30 hours and 52 minutes to transact important financial and other business.
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 Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
A white paper on rail safety would be presented in Parliament during the current Budget session for a threadbare debate taking into consideration all aspects of passengers' protection, Railway Minister Nitish Kumar told the Lok Sabha on Thursday.\n\n\n\n
"Yes, it is almost that," senior CPI-M leader Basudeb Acharia told reporters when asked whether the Budget was the Trinamool Congress' manifesto for the Assembly polls. However, Acharia and CPI national secretary D Raja welcomed several 'positive' features like no raise in passenger fares or freight charges and the concessions given to various sections of people.
The Indian Railways on Wednesday said it suffered an estimated loss of Rs 13,675 crore (Rs 136.75 billion) in the current fiscal on account of various social service obligations, including suburban and non-suburban services.
"For decades in our country, the meaning of the Budget was restricted to what announcements were made in whose name. The Budget was turned into an account of the vote bank," Modi said.
With people reposing faith in the UPA and voting for stability, this is the government's chance to fulfill its promises, ensure growth and development of the country, check runaway prices, and offer succour to the aam aadmi.
Bihar Chief Minister Nitish Kumar on Wednesday welcomed Railway Minister Mamata Banerjee's announcement that there was no move to privatise the railway sector.
The railways was not intimated about a Dussehra event along the tracks that led to the deaths of at least 61 people in Amritsar.
The premium trains will be the focus area as the project has been the revenue generator for the loss-making passenger operations
The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya.
Mumbai rail service may get a facelift as the Union Railway Minister Lalu Prasad Yadav announces the Phase II of developmental plans this Budget.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
The Rail Budget is full of hollow promises, the Congress leader said.
Railway Minister Lalu Prasad was at his humourous best while presenting the Interim Railway Budget in the Lok Sabha on Friday, with a fair sprinkling of quotable quotes, couplets and witty replies to interventions.
As far as rolling stock programme is concerned, the announcement will be made for manufacturing of 4200 new coaches including 600 LHB coaches in the Rail Budget.
The Railway Budget for 2003-04 proposes no increase in passenger fares and freight rates.
Be it passengers or freight or even commercial utilisation of Railways' properties and premises, Railway Minister Lalu Prasad on Friday demonstrated his uncanny ways of making money.
A bill to allow merging of some villages and mandals of Telangana with Seemandhra in a bid to deal with resettlement and rehabilitation those displaced by the Polavaram power project was introduced in the Lok Sabha on Tuesday amid din.
The Railways have slashed service charges levied on purchase of e-tickets by half from April 1.
The period of advance booking under the Tatkal Scheme is being reduced from the current 5 days to 2 days. Tatkal tickets will be made available destination-wise instead of from end to end thereby reducing the financial burden on passengers.
"Railways has received a request from the government of West Bengal to set up a coach factory in Singur," Banerjee said while presenting the rail budget for 2010-11 in Parliament.
The Confederation of Indian Industry (CII) has called for speedy implementation of key railway projects, such as the Dedicated Freight Corridor, high-speed rail corridors, rolling stock and other capacity enhancement works.
The Economic Survey 2007-08 has some interesting insights for infrastructure aficionados.
Railways proposed to introduce 32 new trains including 17 Samparak Kranti Express linking several state capitals and different parts of the country with the Union Capital.
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