Rail Budget

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Indian Railways, suresh prabhu, railway budget, railway expenditure, capital expenditure, irctc, rail budget, rail expensiture, Railways’ engineering PSU, trains, railway booking, train tickets, book tickets, indian express news

Rs 94,000 crore is capital expenditure, said Railways, a quarter of it only on paper

Almost 15 per cent capex, or Rs 15,081 crore, shown by the Railways in 2015-16 represents work done by joint venture companies in the railway sector.


Rail Budget debate: Govt hiking fares through back door, making Railways sick: Ahmed Patel

Initiating the debate on the budget, Patel said while expenditure has increased, revenue has declined.


Pending railway projects get a boost; new terminal at Hadapsar

The budget has allocated Rs 23 crore for creation of additional terminal at the Hadapsar Railway Station as well as Rs 38.07 crores for remodeling of Pune Railway Yard.

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Rail Budget: Nothing for Bihar, say Nitish & Lalu

RJD chief Lalu Prasad, said: “Indian Railways has got derailed. There is no immediate need of bullet trains.


Rail Budget disappointing: Opposition

Congress, CPM express concern over financial health, say safety issue ignored.

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Delhi Ring Rail network: Gopal Rai welcomes move, to take steps to improve last-mile connectivity

The transport minister said he had met Prabhu on December 11 and put forward the proposal to revive the Ring Rail.


Trinamool calls Rail Budget ‘a big zero’

Oppn gives it a thumbs down, says full of gimmicks.

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Pay commission payout: New action plan to cushion impact

With this background, the finance wizards of Railways have created an action plan to exorcise the CPC bogie deftly next fiscal without hiking either fares or freight rates.


It’s ‘Advantage Maharashtra’, says Maharashtra CM Devendra Fadnavis

Of the total 45 SVPs announced, the majority share has come to Maharashtra. The railway minister’s decision to open up all locked lands along the tracks, wherever possible, for agriculture is a big step forward.

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Railway Budget 2016 Highlights: This budget will enhance the Navnirman of India, says PM Modi

The Railway Budget 2016 was presented by Union Minister Suresh Prabhu at 12 noon today – his second since taking charge of the ministry. We bring you the latest updates.

Indian Railways, suresh prabhu, railway budget, railway expenditure, capital expenditure, irctc, rail budget, rail expensiture, Railways’ engineering PSU, trains, railway booking, train tickets, book tickets, indian express news

Railways cuts down on use of A4 sheets to reduce budget expenses

The move will reduce needless use of paper in sharing information with the various railway field units, a release said.

Railway Minister Suresh Prabhu, Suresh Prabhu, pay commission, Railway Board General Managers, zonal railways, Railway Board Chairman, Indian express

Rail Budget 2016: Prabhu on tight rope walk to balance finance with aspirations

“Diesel price is on the decline. Passenger bookings and goods loadings are also on downslide. So at this moment hiking freight rate and passenger fares will affect the Railways adversely,” sources in railways said.

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Govt forms new entity for bullet train; may get Rs 200 crore in Rail Budget

The total project cost of the Mumbai-Ahmedabad corridor being around Rs 98,000 crore, India will have to invest around Rs 18,000 crore to meet its part of the deal.

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Railways may roll out huge cost cutting plan next Budget

Railways usually attempts to cut down that increase. Now, the idea is to not only arrest that increase, but to try and reverse it—something Railways is not used to.

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Railways in 2016: Slow off tracks, aim at speed

Railway Minister Suresh Prabhu made the entire passenger interface of railways responsive on social media sites, especially Twitter.

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