Debroy's economic interests and research work covered numerous areas such as economic theory, income inequality, and infrastructure financing.
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
Railways is keen to generate additional revenues this year.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Our visa operations in Bangladesh constitute the largest visa operations India conducts worldwide. This has taken a hit after Sheikh Hasina's government was overthrown and India reduced its diplomatic presence in Bangladesh, notes Aakar Patel.
Both were rescued from the Shalimar-Chennai Central Coromandel Express that derailed near Bahanaga Bazar Station on June 2 that had claimed 275 lives and left around 1,200 injured.
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
Shortlisted bidders have been intimated
The Maha Kumbh, billed as the world's largest gathering, concluded on Wednesday after 45 days, with lakhs of devotees taking a dip in the Sangam, the confluence of the Ganga, Yamuna, and mythical Saraswati rivers. Despite a stampede that killed at least 30 people, millions continued to visit the Kumbh, seeking salvation through the ritual bath. The event saw a mix of faith, tradition, and technology, drawing pilgrims and tourists from across the globe.
The development assumes significance as Prime Minister Narendra Modi had last month announced 10 lakh government recruitments in the next 1.5 years.
Indian Railways has reported good profit in FY15 on higher passenger traffic.
The time is opportune for doing away with the practice of a separate rail budget, and for replacing the railway ministry with an umbrella ministry of transport.
The United States has approved the extradition of Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, to India. The decision was announced by President Donald Trump during a joint press conference with Prime Minister Narendra Modi in the White House. India is currently working on the logistics of Rana's surrender and extradition, with several final steps to be completed before he is sent back to India. The joint statement issued by India and the US during Prime Minister Modi's visit reaffirmed their commitment to fighting terrorism and eliminating terrorist safe havens. The leaders also called on Pakistan to bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks. Rana, a Canadian national of Pakistani origin, is currently lodged at a metropolitan detention center in Los Angeles. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.
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.
Railway stations -- Beas, Vishakhapatnam, Khammam, Secunderabad, Ahmednagar and Jammu Tawi are the top ranked railway stations by cleanliness.
'If you are in a position to give employment to local people, you will find no terror attacks in your area.'
The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively.
Three rear compartments of the Kanchanjunga Express derailed under the impact of the collision by the locomotive of the goods train from behind, the police officer said.
However, it will run special trains for migrants and others stranded across the country due to the ongoing lockdown.
Recovering from an order dry-up and change in market conditions, Gurgaon-based Rites is looking to bid aggressively in global export and consultancy tenders and run with a volume-led approach, its chairman and managing director (CMD) Rahul Mithal said. Rites is a railway consultancy public sector undertaking (PSU) under the aegis of the Ministry of Railways. "We started the year with two huge challenges - the export order book, where no new orders had happened, and the opening up of Indian Railways quality assurance works to four players.
Suresh Prabhu, the new railways minister, not only needs to save the railways from the clutches of bureaucracy and politics but also attract foreign investment to revive the once potent force.
The Railway Minister has announced that there is an urgency to attract FDI in Railway projects.
Key infrastructure sectors -- from railways to power, and from coal to petroleum -- will not only be part of the achievements but promises too, as the BJP fights to get a third term at the Centre.
Railways has said that it plans to suspend two senior officials of Northern Railway, following searches carried out by the Central Bureau of Investigation at 13 locations and recovery of Rs 20 crore in cash in connection with alleged corruption in supply of packaged drinking water in premium trains.
According to an official statement, in a letter to Goyal, Pawar said that the migrant workers, stranded in different parts of Maharashtra, may step out in big numbers to return to their states when the train services resume after the lockdown is lifted. This can lead to law and order problem (with workers coming out in big numbers), he added. To avoid this, the railway ministry should run special trains, he demanded.
Violence erupted in the central Maharashtra city of Parbhani after a replica of the Constitution was vandalized. Around 50 people have been detained for the protests, while a man with mental health issues has been arrested for allegedly damaging the replica. Opposition leaders condemned the incident, calling for strict action against those responsible. The situation is under control, but tensions remain high in the city.
Three trains jumped off the tracks and another derailment was averted on Thursday in Uttar Pradesh, New Delhi and Maharashtra within a span of nine hours.
After Prime Minister Narendra Modi's announcement of a 21-day lockdown across the country, Indian Railways on Tuesday said that its suspension of all passenger services will continue till April 14. However, freight movement will continue to carry essential commodities across the country, officials said.
The Railway Ministry is considering a hike in passenger fares in the Railway Budget 2014-15 slated to be presented by Railway Minister Sadananda Gowda in the second week of next month.
'... that it once again shies away from renewing its commitment to strategic divestment,' points out A K Bhattacharya.
Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.
In the suburban section, the number of passengers booked during this period were 3,022 million as compared to 3,028.44 million in the same period last year, a decrease of 0.20 per cent while in the non-surban sector, 2,559.08 million passengers were booked as against 2,634.10 million in the corresponding period last year, registering a decrease of 2.55 per cent.
Railway spokesperson Rajesh Dutt Bajpai on Tuesday said, "Consent of terminating state not necessary to run Shramik Special trains". He further said, "After the new SoP, the implication is that no consent of the receiving state is mandatory".
During a five-hour meeting with his entire Council of Ministers, Modi specifically asked for faster and better communication of the government's decisions.
'There are enough funds to solve this problem.'
Railway Minister Ashwini Vaishnaw on Wednesday urged job aspirants not to destroy public property and assured them that their grievances would be resolved as candidates went on a rampage over alleged irregularities in a recruitment exam by the public transporter.
Railways have suspended two senior officials following searches carried out by CBI and recovery of Rs 20 crore in cash in connection with alleged corruption in supply of packaged drinking water in premium trains.
Rising energy demand could tilt India's energy basket towards fossil fuels from coal to oil, natural gas.
