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RAILWAY BUDGET 2017
Jewar, once infamous for crime, emerging as global investment destination: UP CM Yogi ahead of Noida Airport operations from June 15- What Jaitley didn't tell you in his budget speech about the state of Indian RailwaysThis is the first time freight earnings have fallen since 1978-79. It is a telling statistic about the state of the railways and the overal...
- Northeast Frontier Railway’s plan outlay increased by 24% in BudgetThe budgetary plan outlay for the sections has been raised from Rs 7,620 crore in 2016-17 to Rs 9,422 crore in the next fiscal.
- View: Govt’s shift in tax policy to reduce non-complianceIn a way, this budget has been epoch-making on account of advancing the budget date, subsuming Railway Budget with the Union Budget and eli...
- Budget 2017: Railways expects revenue to grow 10% riding on freight earningsFreight earnings are expected at Rs 118,156.50 crore in consonance with the loading target of 1,165 million tonnes (MT), which is 71.50 MT ...
- Budget 2017 addresses key issues of Railways, challenge is implementationA positive feature is that physical targets for 2016-17 have either been achieved or exceeded; there is great need for investment in safety.
- Budget 2017: Aim to create more capacity to increase speed of trains, says Suresh PrabhuMost of funds will go towards modernisation and safety heads. Station development is big on our agenda.
- Budget 2017: Railways gets Rs 1.31 lakh crore for developmentRailways plans to use funds for electrification, buying coaches, building new tracks and freight corridors, improving connectivity and pass...
- Railways gets separate safety fund for network upgradationThe proposals suggested by the railways have all, more or less, been included and acted upon by the Finance Ministry, Railway Minister Sure...
- Rs one lakh crore for railway safety fund: Arun JaitleyHe also said that Railways will get Rs 1,31,000 crore for capex and development expenditure in 2017-18.
- Service charge makes up third of revenue for IPO-bound IRCTCIRCTC charges Rs 40 on every ticket booked in air-conditioned classes. For sleeper class, a service charge of Rs 20 is levied.
- Rs 55,000 crore for railways in FY18The rail ministry's budgeted plan outlay has gone up drastically it the past two years.
- Rathwa writes to FM seeking funds for stalled rail projectsHe said the works on both the projects had began after necessary approvals and sanctioning when he was was MoS for Railways in the UPA regi...
- Special initiatives for North East, Railways projects worth Rs 10,000 crore: PresidentTalking about other initiatives for the North East region, Mukherjee said: "Arunachal Pradesh has been brought in the Railway map."
- Government may make Aadhaar must for rail concession in Budget 2017The Railways is expected to get the exemption from payment of dividend to the Union government, a move which will help to strengthen its fi...
- President Pranab Mukherjee okays change in rules for rail budget mergerThe President has given nod to amend Government of India (Allocation of Business) Rules, 1961 in this regard and the department will now pr...
- When poetry makes dry Budget numbers come aliveThe poetry recited so far in budget speeches has been quite diverse—from Urdu poet Allama Iqbal to Tamil poet and philosopher Thiruvalluvar.
- Railways plans highest outlay of Rs 1.35 lakh crore for FY18Railways to seek Rs 60,000 crore from Finmin, secure rest through LIC loan and IRFC bonds.
- Railway officials to meet Finance Secretary on BudgetRolling out a major reform agenda, the Modi government has done away with the practice of presenting separate Rail Budget in Parliament and...
- Finance Ministry issues instructions for Budget 2017-18The annual exercise of budgeting aims at detailing the roadmap for efficient use of public resources taking into account the socio-economic...
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