The Northern Railways on Thursday cancelled a slew of Rajdhani, Shatabdi and Duronto Express', stating low patronisation and rising coronavirus cases as the reason behind the decision.
The Modi government's flagship initiative 'Make in India' launched 10 years ago has helped the country boost exports, push investments and promote manufacturing. Under the initiative, launched on September 25, 2014, a series of measures have been taken by the government to boost local manufacturing. These initiatives include the rollout of production linked incentive (PLI) schemes for 14 sectors, easing foreign direct investment (FDI) norms, reducing compliance burden to improve business climate, all approvals through single window, and rolling out of the national logistics policy.
The Delhi high court on Tuesday directed X Corp and Google Inc to remove prima facie defamatory social media posts against Indian Railway Personnel Service (IRPS) officer and Lok Sabha Speaker Om Birla's daughter Anjali Birla.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
'Efforts are on to make the data readily available so that it proves useful for policymakers.'
Railways earned Rs 1,28,928.28 cr during April '14- Jan 2015.
A source in the know said realistically two-three of the seven bullet train corridors could be included as a practical election promise.
Road awards were muted in Q1FY25. But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly dominated by HAM (Hybrid Annuity Model) projects, which contribute 47 per cent and engineering procurement and construction or EPC projects, which have about 36 per cent share. Hence, infrastructure companies mostly reported revenue decline on a year-on-year (Y-o-Y) basis in Q1FY25.
This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
The Union government is reportedly considering doing away with the practice of presenting a separate Railway Budget.
Train passengers can now sleep soundly without worrying about missing their station.
While there are some new faces in the cabinet, leaders such as BJP president JP Nadda and Jual Oram have returned as ministers.
Railway employees including station masters, engine drivers, ticket checkers, etc too have been selected for vaccination and their list is being compiled for the exercise.
Plans are afoot to manufacture 120 coaches with increased axle load of bogies to carry higher load, a senior Railway Ministry official said.
Aimed at attracting nearly Rs 1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas.
The development assumes significance as Prime Minister Narendra Modi had last month announced 10 lakh government recruitments in the next 1.5 years.
Despite public-private partnership projects announced in several rail budgets, the investment since 2000 has been merely Rs 3,000 crore.
Shah said the Modi government has given highest priority to peace and development in the Northeastern region.
Railways has earned Rs 1,14,656.13 crore during April-December 2014, registering an increase of 12.57 per cent. It had earned Rs 1,01,856.45 crore during the same period in the previous year.
Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.
How the 4 ministries have performed
On a day the United Progressive Alliance government was voted out of power, it committed a gaffe by withdrawing a railway tariff hike within hours of announcing it.
Come April 23 and rail commuters can use a mobile phone App to obtain tickets in the unreserved category.
Ritu Beri said the look of the uniform will be an ode to India and her exoticism
The total goods earnings have gone up from Rs 40,293.70 crore (Rs 402.93 billion) April-September 2012 to Rs 44,191.92 crore (Rs 441.91 billion) during the corresponding period this year, registering a growth of 9.67 per cent, according to Railway Ministry data.
'The local support from our MP is nil. He never comes to see our farms.'
'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'
He has the ability to instantly go to the heart of issues and deconstruct them.
In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for electronics components, sources in the government
The ministry of information and broadcasting is working on a proposal to set up a mega movie production studio -- akin to those in Hollywood -- with an investment of Rs 10,000 crore (Rs 100 billion), which will be supported by the government.
'The BJP's numbers in this government are almost the same as those enjoyed by the Congress under P V Narasimha Rao when the reform process was kicked off in 1991.' 'As before, the only constraints on the prime minister's actions are internal, not external.' 'They come from his own assessment of the political consequences of any action,' points out Mihir S Sharma.
The notification of the Act comes just a day after Union Education Minister Dharmendra Pradhan was asked when the legislation would be implemented. The minister had said the law ministry was framing the rules.
The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.
Finance Minister Nirmala Sitharaman on Friday pitched for front loading of capital expenditure, saying it is critical for revitalisting the economy post the coronavirus pandemic. During a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead, she also asked ministries to aim to achieve more than their capital expenditure (capex) targets. The Union Budget 2021-22 provided a capital outlay of Rs.5.54 lakh crore, a sharp increase of 34.5 per cent over the Budget Estimate of 2020-21.
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Railways is keen to generate additional revenues this year.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
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