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RAILWAYS CROSS SUBSIDIZATION
Railway Ministry understated its working expenditure in 2022-23: CAG ReportThe Comptroller and Auditor General (CAG) revealed that Indian Railways understated its expenses. This happened in the financial year 2022-...- 'Historic gift before Durga Puja': PM Modi to inaugurate 3 metro projects in Kolkata on Aug 22Prime Minister Narendra Modi is set to inaugurate three Kolkata metro projects on August 22, significantly enhancing the city's connectivit...
- Cyclone Michaung: Heavy rainfall in Chennai causes massive waterlogging in several parts of cityWater logging has been experienced in several parts of the city like Maduravoyal, Porur, Saligaramam, and Valasaravakkam. Trees have been u...
- Shift from roads to rail picks up pace, thanks to dedicated freight corridorAs per the report, container cargo transported through railways (rail volumes) rose by a healthy 17.63 per cent year-on-year to 74.38 milli...
- Keeping India on track: Why the current wave of rail reforms is actually "historic"The current wave of transformation is genuinely historic on two accounts. First, it is successful in operationalizing a vision of instituti...
- 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...
- Railways suffered from under-investment, says studyThe paper was jointly prepared by PHD Chamber of Commerce and Industry and Institute of Coast Accountants of India (ICAI).
- Railways looks at ways to cut power billBut the saving would not result in cheaper fares and would be used to narrowing the yawning gap between the railways' operational costs and...
- Rail Budget 2014: Hiking fares alone won’t suffice; invest in infra, focus on project completionThe move by the Narendra Modi-led government last week to raise passenger fares was met by sharp protests, especially from Mumbai commuters.
- Railways to try dynamic fares to mop up extra revenueThe cash-strapped railways seems to be moving towards dynamic fare pricing similar to the practice followed by airlines to mop up extra rev...
- Railways to link fare revision with hike in fuel costAccording to the budget proposal, the fuel component will be segregated from the tariff and railways is expected to revise passenger and fr...
- Rail Budget 2013: Pawan Bansal’s railway budget makes a break from populismThe rail budget 2013 gets its overall strategy right, aims to make the organisation solvent and to kick-start stalled investment in the eco...
- Rail fare hike likely, government says people ready to payAn all-round passenger fare hike seems to be imminent, with the railways appearing to be ready to bite the bullet to come out of the fund c...
- Railways cuts plan outlay by Rs 4,000 crore for 2012-13The cutting down in total plan outlay due to shortfall in revenues through internal means is set to adversely affect spending on Railways' ...
- PMO pushes for hike in rail fares after nine yearsGet ready to pay more for rail travel by next March as the government is trying to set up of an independent tariff regulator.
- Railway minister Pawan Bansal hints at passenger fare hikeRailway minister Pawan Bansal on Wednesday again dropped hints that passenger fares could be raised in a desperate attempt to tide over the...
- Northeast issue: Exodus subsides in Bangalore, no let up in Chennai, PuneThe exodus of North Easterners from Bangalore on fears of attacks showed signs of subsiding on the fourth day.
- Railways facing severe financial crunch: CAGRailways is facing a severe financial crunch and their accumulated funds have eroded by 93 per cent, the CAG has said in its latest report.
- Budget 2012-13: Govt spending seen driving domestic IT sectorGovt spend on technology this year is likely to cross record levels with UIDAI and other technology driven projects in various arms of govt...
- Rail Budget 2012: Fuel surcharge may singe the commuter’s walletRailway minister Dinesh Trivedi is willing to bite the bullet on dynamic pricing but his officials do not want to put a timeline to it yet.
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