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INDIAN RAILWAYS SUBSIDY
PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
- India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources sayIndia is maintaining its focus on crucial infrastructure projects like roads and railways. Despite global oil price surges due to the Middl...
- Railways transformed in a decade, says Ashwini Vaishnaw; bats for ‘performance politics’Railway Minister Ashwini Vaishnaw stated that the Modi government has shifted to performance-based politics, emphasizing significant improv...
- Train tickets most affordable in India: Ashwini VaishnawRail ticket prices in India remain the most affordable compared to neighbouring and developed countries, Railways Minister Ashwini Vaishnaw...
- Standing committee has advised to consider senior citizen concessions in sleeper, 3AC coaches: GovtThe Standing Committee on Railways has advocated for special fare reductions for senior citizens, specifically targeting sleeper and 3AC cl...
- Railways spent 45% in subsidy on passenger travel in 2023-24: GovtIndian Railways subsidized passenger travel with Rs 60,466 crore in FY 2023-24. This covers 45% of the travel cost. Rail fares were rationa...
- Railways gives Rs 56,993 crore subsidy on tickets every year: Ashwini VaishnawThe Indian Railways provide a yearly subsidy of Rs 56,993 crore to passengers, offering a 46 per cent rebate on ticket prices. They also la...
- Railways gave Rs 59,837 crore subsidy on passenger tickets in 2019-20: Ashwini Vaishnav"The Indian Railways always strives to provide affordable services to all strata of the society and gave a subsidy of Rs 59,837 crore on pa...
- Indian Railways may not restore concessions for senior citizens, hints Ashwini VaishnawRailways Minister Ashwini Vaishnaw said the railways had given Rs 59,000 crore subsidy for passenger services, which is a big amount and la...
- One year of Kisan Rail: Railways gives subsidy of Rs 95 Cr, reimbursed with Rs 55 crFrom October 14, 2020 to October 10, 2021, the Indian Railways has provided a subsidy of around Rs 95 crore to farmers for ferrying their g...
- Railways makes Rs 28.98 crore as 17.63 lakh senior citizens give up fare subsidySince July 22 last year, the railways has given senior citizens the option to avail of either the full concession given to them on tickets ...
- Over 11 lakh senior citizens gave up ticket subsidy between July- November: Railways5.67 lakh senior citizens gave up 100 per cent of their concession in these four months while 5.81 lakh such passengers gave up 50 per cent...
- Government approves one-time waiver of Railways' dividend payoutWith this, the railways can now approach the Parliament for its approval to the waiver.
- Now, government wants you to give up rail fare subsidyThe railways plans to launch the scheme next month. To begin with, railways will offer two "slabs" of subsidy surrender — 50% and 100% of t...
- Rail ministry mulling ‘give up’ ticket subsidy moveThe move has been suggested by Niti Aayog, the government’s think tank, as part of strategy to reduce the rail network’s huge subsidy burde...
- Railwaymen's federation appeals PM for Rs 50,000 cr packageIn an appeal to the PM, AIRF has sought Rs 50,000 crore from the government to save the Railways from the financial crisis.
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