RAILWAY BUDGET NEWS
Budget 2023: Handed its highest-ever allocation, Railways plans more lines, Vande Bharat factoriesSubscriber Only
Two to three Vande Bharat trainsets, produced simultaneously in four factories, to roll out from the railway stables every week by next year.
Railways plan to fight cash crunch: Get sponsors to clean stations, cut low-demand trainsSubscriber Only
The August-end figures indicate that Railways has already overshot its spending. Its earnings have grown by about 3.4% while its expenses have grown by about 9% this fiscal.
Foreign portfolio investors invest Rs 6,669 crore in AugustSubscriber Only
The reversal of outflows began in July when FPIs put Rs 2,264 crore in equity and debt markets. Overseas investors had pulled out over Rs 60,000 crore during April-June in the wake of the surge in crude oil prices and fears over rate hike by the US Fed.
Expansion and upgradation hallmarks of Railway Budget 2018Subscriber Only
Railway Budget 2018: Finance Minister Arun Jaitley pegged the capital expenditure target of Rs 1,48,528 crore for Railways, the highest ever. But, only about a third of this money is to be funded from the general exchequer’s coffers
No change in fares as Arun Jaitley allocates highest-ever capital expenditure for RailwaysSubscriber Only
Budget 2018: Finance Minister Arun Jaitley said most of the money would be spent on capacity expansion, since it was the top-most priority for the national transporter, besides safety of passengers.
Railway Budget 2018: From highest capital expenditure allocation to university, all you need to knowSubscriber Only
Railway Budget 2018 Live Updates: The 92-year-old practice of a separate Railway budget was discontinued last year and was merged with the Union Budget
Railways to go shopping abroad for train wheel sensors
The system would enable predictive maintenance and reduction in failures in coach suspension, roller bearings and track condition.
Railway autonomy has been killed: Nitish Kumar
"First they should tell how much was spent out of budgetary allocations on Rail last year and how much was achieved out of the target set by the Railways for Bihar last year."
Budget: At least 7 new rail line projects sanctioned for Maharashtra
The Pink Book of the Railway Budget put up on the Ministry of Railways website, provides the detailed list of projects.
Railway Budget 2017: ‘So what’s new?’ Daily commuters irked as no new trains announcedSubscriber Only
The Finance minister said the Railways will focus on four major areas — passenger safety, capital and development works, cleanliness and finance and accounting reforms.
Railways taken by surprise over listing of its 3 PSUsSubscriber Only
According to sources, the Railways officials were only asked if the ministry had any objection to the listing of some of its PSUs for better fund infusion and market competitiveness.
Rail Budget 2017: Five Mumbai suburban stations among 25 listed for redevelopmentSubscriber Only
Track maintenance and rail renewal for Mumbai section will also receive maximum attention from the budgetary allotment from Rail Safety Fund with a corpus of Rs 1 lakh crore to be utilised over five years.
Budget 2017: Railways to eliminate all unmanned level crossings by 2020
Railways will implement end-to-end integrated transport solutions for selected commodities through partnership with logistics, who will provide both front and back-end connectivity.
Budget is growth oriented, adheres to fiscal prudence: Suresh Prabhu
Praising Prime Minister Narendra Modi for the "bold step", he said the budget has the "imprint" of Prime Minister's ideas.
Union Budget 2017: Railways to have special safety fund of Rs 1 lakh crore
He proposed creation of 'Rashtriya Rail Sanraksha Kosh' (National Rail Safety Fund) with a corpus of Rs 1 lakh crore.
Railways Budget 2017: Service charge on e-tickets booked through IRCTC to be withdrawn, says Arun Jaitley
For passengers safety, a ‘rail sanraksha kosh’, a rail safety fund with corpus of Rs. 1,00,000 crores, will be created over a period of five years, Arun Jaitley said.
Railway Budget 2017: Rail stocks decline 3-5%, investors looking for safety fund
Arun Jaitley is likely to give more focus on infrastructure development such as new lines, doubling, station redevelopment and safety upgradation.
Railway Budget today: Commuters hope frequency of long-distance trains may go upSubscriber Only
‘More trains for Rajasthan, UP, Bihar, J&K and Assam; better services at station’
Union Budget: Rail safety to be a priority in Railway Budget
It is expected of Finance Minister Arun Jaitley to present a separate statement of budget estimates and demand for grants in the General Budget.
Rail Budget 2017: Rail Budget to focus on safety, infrastructure development
Union Finance Minister Arun Jaitley is likely to give more focus on infrastructure development such as new lines, doubling, station redevelopment, safety upgradation.
One from wishlist: Rs 1 lakh crore fund for safety on tracksSubscriber Only
Sources said the safety upgrade will take five years of dedicated approach in “mission mode”.
Arun Jaitley says railway services must be paid for, populism can’t be measure of success
Arun Jaitley said year after year, the success of Railway Budget was measured by subsidising consumers and making populist announcements regarding trains.
Arun Jaitley bats for outsourcing of railways’ non-core functionsSubscriber Only
As Railways plan to shift towards accrual system of accounting from cash system, the Union Finance Minister said the accounting reform will better reflect performance
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