Indian Railway Catering and Tourism Corporation is set to face a decline of Rs 300 million ( Rs 30 crore) in revenues from sale of online rail tickets in the coming financial year as a result of the reduction in service charge announced in the Rail Budget last month.
"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.
As per convention, Railways releases the new time table -- Trains at a glance -- every year on July one across the country. Sources said this year the Railway Time Table Committee, comprising senior officials from various zones, will sit after the Railway Budget is tabled in Parliament.
The platform ticket price was revised from Rs 5 to Rs 10 in April this year.
Train running information system will be installed at rail premises to facilitate dissemination of information about trains on real time basis.
Opposition said saying it lacked vision and road map to execute ideas.
"I cannot say anything before I present the Rail Budget in Parliament. But I have alway kept in mind the interest of the poor and the common people," Lalu Prasad Yadav told reporters during an interaction at his residence.
Railway Minister Lalu Prasad is expected to announce a slew of initiatives for select Shatabdi and Rajdhani trains in the coming rail budget, including access to on-board free Internet and Direct-to-Home (DTH) services.
Determination of rates will no longer be an exercise behind veils where the Railways and the users could only peep covertly at what was happening on the other side.
Union Railway Minister Lalu Prasad Yadav announced 55 new trains in the Rail Budget 2006-07 for different destinations across the country.
Railways proposes to complete over 550 kms of new lines in eight sections, Railway Minister Lalu Prasad Yadav announced on Friday.
In a move that will bring cheer to rail commuters in Mumbai, Railway Minister Lalu Prasad on Monday said suburban train services in Mumbai would be increased.
It was noise and pandemonium all around but Lalu Prasad Yadav's Rail Budget speech chugged on in the Lok Sabha on Monday non-stop till it reached its destination.
Railway Minister Lalu Prasad announced introduction of 40 new trains, including eight Garib Raths, in the Rail Budget 2007-08 presented on Monday.
"In the proud history of independent India, it is for the first time that the returns on the capital investment in the Railways will reach 21 per cent," the railway minister announced as he presented his 5th Rail Budget.
Presenting his fifth Rail Budget in the Lok Sabha on Tuesday, Railways Minister Lalu Prasad said that the Railways had set up new profit records in 2007-08 attaining a profit of Rs 25,000 crore.
Suresh Prabhu was speaking on the sidelines of an RPF function.
Anticipating healthier economic growth, the Railways has targeted a record Rs 1.6 lakh crore in revenue for the next financial year, while no increase has been proposed in passenger fares and freight rates.
The first voice by the new government clearly indicates growth and fiscal consolidation and that tells we are in a bull run for a long time.
Leader of the Opposition Lal Kishenchand Advani said the protest against 'tainted ministers' will continue through other means outside Parliament.
The three-month long Budget session of Parliament will commence on February 23 and the general budget would be presented by Finance Minister P Chidambaram on February 28.
The Railway Minister Lalu Prasad on Saturday proposed to start 46 new trains in the Rail Budget for 2005-06.
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
The train is scheduled to be flagged off on October 4.\n\n
Living up to his promise of presenting a people-friendly Rail Budget, with one eye on the general elections to be held due next year, Indian Railways Minister Lalu Prasad tabled a populist budget in the Lok Sabha on Tuesday.
Railway proposes to complete 273 kms of new lines including Chandigarh-Morinda-Ludhiana, Kakinada-Kotipalli and Hassan-Bangalore.
The Budget session of the Parliament is likely to begin from February 25 with the Presidential Address to a joint sitting of Lok Sabha and Rajya Sabha followed by presentation of rail budget and general budget on February 26 and 28.
The minister of state said the requirement of the ministry was more and resources were limited.
In a major step towards providing faster and updated information on rail services, Railway Minister Lalu Prasad on Tuesday
The computerised train enquiry system, started on an experimental basis in Patna this year, will be extended throughout the country by the end of 2005-06, Railway Minister Lalu Prasad said on Saturday.
The idea behind advancing the Budget date is to ensure that the Finance Bill is passed before the start of the financial year, on April 1, so that all central government departments get their full allocations to work with right from the first day
The Railways could tie up with technical institutions for introducing railway-oriented subject for graduation and skill development.
To ease congestion and bottlenecks at Metros, the Railways propose to develop mega terminals at Chitpur in Kolkata and Anand Vihar in Delhi, Railway Minister Nitish Kumar announced
Besides the ongoing 50 per cent Rail concessions for accredited journalists, the Rail Budget for 2003-04 has proposed extending this concession in Rajdhani and Shatabdi express trains where the concession would be 30 per cent.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Humsafar will be launched as overnight inter-city service on high-demand routes
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