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RAILWAY BUDGET 2014
Saving fuel: MoS Somanna travels on metro & bike to flag off express train in BengaluruMinister of State V Somanna travelled by Namma Metro and an electric bike, responding to Prime Minister Narendra Modi's call to reduce fuel...- 'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
- 'Better to ally with me': PM Modi's jovial dig as CM Reddy seeks support for Telangana 'like Manmohan Singh did for Gujarat'Prime Minister Narendra Modi on Sunday made a strong political pitch to Telangana Chief Minister A Revanth Reddy, saying he was ready to ex...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Switching to electric power has saved Railways Rs 6,000 crore: Ashwini Vaishnaw in Lok SabhaIndian Railways is making waves in the transportation sector, achieving Rs 6,000 crore in savings by embracing electric trains. This innova...
- Railway Budget 2014: Rail stocks like Texmaco, Kalindee, Titagarh derail in absence of big-bang announcementsInvestors and traders quickly booked profits in such stocks, as the budget fell short of their expectations.
- Sadananda Gowda observes political niceties in Railway Budget 2014; shows partiality to homestate & GujaratApart from an express line between Nagpur and Secunderabad, Gowda announced two air-conditioned express trains from Nagpur, one to Amritsar...
- Railway Budget 2014 a step in the right direction: Arvind Mahajan, KPMG in IndiaMahajan however felt that the railway budget speech lacked details and announcements in coming weeks will be important.
- More needs to be done for Railways: JP Chowdhary, Titagarh Wagons"As far as the industry is concerned, apart from FDI in certain segments, there has been no positive announcement about the Railways’ view ...
- Railway Budget has given good clarity to businesses: Deven Choksey, KR Choksey Securities"I believe that Railway Budget has given clarity to businesses per se, because the initiatives which they have started to talk about could ...
- Railway Budget 2014 has adequate focus on IT deployment: JK Gupta, CMC"We are very happy that the Railway Minister has presented a very modern and forward-looking budget with adequate focus on IT deployment."
- Safety issues have been ignored in Railway Budget: LV Raju, Kernex Microsystems"About 300 to 400 accidents happen every year and what the government is going to do about this has not been spelled out."
- Rail Budget 2014: Railways to earn Rs 1.64 lakh crore in 2014-15"Railways hope to achieve total receipts of Rs 1,64,374 crore and would peg total expenditure at Rs. 1,49,176 crore," Gowda said.
- Rail Budget 2014: 8 areas needing stratigic management identifiedRailway Minister Gowda said, "The need of the hour is to bring in a total change in the work culture and delivery of railway services."
- Rail Budget: Several measures proposed for railway staff"Increase in contribution towards staff benefit fund from Rs 500 per capita to Rs 800 per capita is proposed," Gowda said.
- Railway Budget 2014: Expect rail minister to put reforms on trackFor railway minister D V Sadanand Gowda, it will be a tightrope walk between populism and tough reform measures.
- Rail Budget 2014: Focus on lowering transport costs, says Sumant ChakWhat India hopes from the upcoming budget are economic reforms that will make the travelling experience more economical and comfortable.
- Rail Budget 2014: Set for major rehaul, plan afoot to revive cash-strapped transporterSources said the dominant view in the new government is that "business-as-usual" would not help to revamp the state-run transporter.
- Railways Vote on Account 2014: Tech off-track in the interim Rail BudgetIt’s been a no-show for those who were expecting announcements on operational efficiency and safety systems.
- Railways Vote on Account 2014: To connect Meghalaya, Arunachal to rail network in FY14, says Mallikarjun Kharge"We completed laying 2,027 kms rail lines versus target 2,000 kms. We have successfully met 6th pay panel recommendations," Kharge said.
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