Railway Budget 2015-16
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Government May Make Aadhaar Must For Rail Concession In Budget 2017
The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.
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Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
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Railways Seek Public Views On Proposed Development Authority
Seeking suggestions and comments from the public on the concept draft of the proposed Rail Development Authority of India, the Railways has uploaded it on its website.
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Mobile, Hotel, Other Services to be Costlier From June 1
Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 per cent (including education cess) to 14 per cent. The proposal takes effect from June 1. The tax is levied on all services except a small negative list.
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Finance Ministry Nod for Tax-Free Bonds by Railways
Finance Minister Arun Jaitley, however, did not disclose details about the bonds.
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Rs 8.5 Lakh Cr to be Pumped Into Railways: Minister
"...Railways has lost to roads in attracting goods traffic," Suresh Prabhu said.
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Laying of High Speed Railway Track to Cost over Rs 100 Crore: Railway Minister Suresh Prabhu
"A provision of Rs 19 crore has been included for feasibility study of Mumbai Ahmedabad High Speed Railwa Corridors in the Railway Budget 2015-16," he said.
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'Dispute Settlement System Must for Private Participation'
"Private sector wants to come in then they must have clarity," says Suresh Prabhu.
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Will Budget Unleash Big Bang Reforms?
Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets.
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Railway Minister Suresh Prabhu Asks MPs to Help Railways, Gets Booed
A posse of security forces from the Railways greets Members of Parliament (MPs) visiting suburban railway stations. Indian Railways also spends to make lavish arrangements for the stay and other requirements of MPs as per protocol.
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3 Prabhu Mantras for Railways: Borrowing, PPP, Asset Monetization
To drive Indian Railways out of its "troubles", Union Minister Suresh Prabhu on Thursday prescribed market borrowings, public-private partnerships and monetizing assets to garner Rs 8.5 lakh crore worth resources over the next five years, even as he ruled out "privatisation".
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Railways Plans to Eliminate Over 3400 Level Crossings
The Railways plans to eliminate a total of 3,438 level crossings at a cost of Rs 6,581 crore.
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Lower Diesel Prices Among Reasons Behind No Rail Fare Hike
Railway Minister Suresh Prabhu on Thursday said a decline in prices of diesel, a major source of fuel for the Railways, is one of the reasons behind the government's decision not to hike passenger fares.
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Wi-Fi Connectivity at More Railway Stations: Suresh Prabhu
In an effort to provide Wi-Fi connectivity at more railway stations, Railway Minister Suresh Prabhu on Thursday brought Category B stations under the cover of the facility.
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South Central Railway Gets Rs 2,768 Cr for Infra: Report
An amount of Rs 2,768 crore has been sanctioned in the Railway Budget for the year 2015-16 towards infrastructure development in South Central Railway (SCR), 24 per cent more than last year, official sources said here on Thursday.
-
Government May Make Aadhaar Must For Rail Concession In Budget 2017
The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.
-
Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
-
Railways Seek Public Views On Proposed Development Authority
Seeking suggestions and comments from the public on the concept draft of the proposed Rail Development Authority of India, the Railways has uploaded it on its website.
-
Mobile, Hotel, Other Services to be Costlier From June 1
Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 per cent (including education cess) to 14 per cent. The proposal takes effect from June 1. The tax is levied on all services except a small negative list.
-
Finance Ministry Nod for Tax-Free Bonds by Railways
Finance Minister Arun Jaitley, however, did not disclose details about the bonds.
-
Rs 8.5 Lakh Cr to be Pumped Into Railways: Minister
"...Railways has lost to roads in attracting goods traffic," Suresh Prabhu said.
-
Laying of High Speed Railway Track to Cost over Rs 100 Crore: Railway Minister Suresh Prabhu
"A provision of Rs 19 crore has been included for feasibility study of Mumbai Ahmedabad High Speed Railwa Corridors in the Railway Budget 2015-16," he said.
-
'Dispute Settlement System Must for Private Participation'
"Private sector wants to come in then they must have clarity," says Suresh Prabhu.
-
Will Budget Unleash Big Bang Reforms?
Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets.
-
Railway Minister Suresh Prabhu Asks MPs to Help Railways, Gets Booed
A posse of security forces from the Railways greets Members of Parliament (MPs) visiting suburban railway stations. Indian Railways also spends to make lavish arrangements for the stay and other requirements of MPs as per protocol.
-
3 Prabhu Mantras for Railways: Borrowing, PPP, Asset Monetization
To drive Indian Railways out of its "troubles", Union Minister Suresh Prabhu on Thursday prescribed market borrowings, public-private partnerships and monetizing assets to garner Rs 8.5 lakh crore worth resources over the next five years, even as he ruled out "privatisation".
-
Railways Plans to Eliminate Over 3400 Level Crossings
The Railways plans to eliminate a total of 3,438 level crossings at a cost of Rs 6,581 crore.
-
Lower Diesel Prices Among Reasons Behind No Rail Fare Hike
Railway Minister Suresh Prabhu on Thursday said a decline in prices of diesel, a major source of fuel for the Railways, is one of the reasons behind the government's decision not to hike passenger fares.
-
Wi-Fi Connectivity at More Railway Stations: Suresh Prabhu
In an effort to provide Wi-Fi connectivity at more railway stations, Railway Minister Suresh Prabhu on Thursday brought Category B stations under the cover of the facility.
-
South Central Railway Gets Rs 2,768 Cr for Infra: Report
An amount of Rs 2,768 crore has been sanctioned in the Railway Budget for the year 2015-16 towards infrastructure development in South Central Railway (SCR), 24 per cent more than last year, official sources said here on Thursday.
