According to a privilege extended to lawmakers by the Ministry of Statistics and Programme Implementation, MPs can now sponsor the construction of the railway stations from his/her annual budget of Rs 5 crore and etch his name for perpetuity on a steel or metal plaque.
The capital outlay to cover the modernisation programmes have got a hike of 10.05 per cent.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The Budget session of Parliament started Monday with the President's address.
Railways must pull back its share of freight traffic.
Biju Janata Dal termed the Budget, which was presented in Parliament by Rail Minister Sadananda Gowda, 'quite shocking' and 'illogical' as it complained that no emphasis had been made in it for the areas that generated more revenue from freight.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
Better funding assistance & reforms needed for tourism-related development projects.
About 110 tonnes had been loaded additionally in the 55 goods wagons.
Nineteen people have been killed in rain-related incidents in Uttar Pradesh in the past 24 hours, the state relief commissioner's office said Monday evening.
A day after proposing fare hike in the rail budget which has threatened his job, a defiant Railway Minister Dinesh Trivedi on Thursday said he would repeat the same if asked to present the budget again.
'On the tax front, most of the Budget proposals are sensible'.
The finance ministry has advocated an increase in auto and cooking fuel prices only after the Budget is tabled in Parliament on February 26 in an effort to avert possible united protests from the United Progressive Alliance's non-Congress allies and opposition parties ahead of a busy opening week of Parliament.
NDA leaders have decided not to allow transaction of any business in Parliament till 'tainted' Union ministers are dropped.
What is required from government is intellectual framework.
The opposition parties will meet on Monday morning to evolve their strategy in both Houses of Parliament after protests by them on the Hindenburg-Adani issue overshadowed most of the first half of the Budget session.
Can Jaitley's team hope to garner 17% more on personal income tax?
Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
The Rail Budget will be presented in the first week of July and a balance between the 'commercial and human face' of the railways will be maintained, railway minister Mamata Banerjee said on Thursday. She also hinted that she would spend more time in her home state than in Delhi as the official work can also be carried out from West Bengal.
Dinesh Trivedi continued to be Railway Minister on Thursday but only just with the United Progressive Alliance leadership appearing to have buckled under the Trinamool Congress demand to sack him, an action that has been temporarily delayed by the Union Budget to be presented on Friday.
The year 2015 has seen eight accidents because of derailments.
The redevelopment of stations is good news for construction companies.
In August 2013, the Cabinet had given an in-principle nod to set up the authority and sent a draft note to the railways, to be discussed with the law ministry.
Mumbai locals will get a swanky look with state-of-the art coaches.
Railway Minister Suresh Prabhu faces a stiff dilemma on whether to raise fares and freight rates in his second Rail Budget.
Indian Railways expect to more than double their surplus to Rs 1,975.98 crore (Rs 19.75 billion) in 2005-06 compared to the target set for this fiscal thanks to higher earnings and sustained growth in transport and economy.
Senior citizens, differently-abled, pregnant women and medically sick travellers will be given a preference
Finance Minister Pranab Mukherjee's Budget presentation on Monday was in sharp contrast to his colleague Railway Minister Mamata Banerjee's disorderly and oft-disrupted performance.
Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council
Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.
Inviting private sector in Indian Railways is a good idea.
Indian Railways has to up investment to strengthen network just like China and Russia.
The total salary and pension bill of the central government, which will also include Railway employees, will go up from estimated Rs 4.33 lakh crore to Rs 5.35 lakh crore during 2016-17
Bowing to pressure, the finance ministry may give industry relief from some of the new levies proposed in the Budget.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
