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Cabinet nod for Budget overhaul: Why Modi govt wouldn't want to meddle with Railways' autonomy

Sep 22, 2016

Cabinet nod for Budget overhaul: Why Modi govt wouldn't want to meddle with Railways' autonomy

In terms of size, the Railways is the third biggest budget (Rs 1.71 lakh crore in 2016-17) after defence (Rs 2.49 lakh crore) and infrastructure (Rs 2.21 lakh crore). #finance ministry #Arun Jaitley #Railway Budget #Railways #Union Budget #Ministry of Railways #Freight Rates #Railways autonomy
Union Budget overhaul ends British legacy but will throw up major challenges on data

Sep 21, 2016

Union Budget overhaul ends British legacy but will throw up major challenges on data

The issue with such advancement is that a lot of data which is required when drawing up the Budget would not be available and hence there could be several guestimates rather than estimates #GDP #GST #Railway Budget #parliament #Union Budget #spending #advance tax #data #Plan Expenditure #Refunds #Non-plan Expenditure
Cabinet to take up budget overhaul, budget session likely from January 24

Sep 15, 2016

Cabinet to take up budget overhaul, budget session likely from January 24

The Cabinet may next week take up the proposal for merging Railway Budget with the General Budget and advancing the Parliament session by about a month to January 24 so as to complete all legislative work before the beginning of the new fiscal from April. #NewsTracker #Cabinet #Railway Budget #parliament #Budget #Economic Survey #Finance Minister Arun Jaitley
No rail budget from next fiscal, to merge it with Union Budget

Aug 15, 2016

No rail budget from next fiscal, to merge it with Union Budget

If the merger happens, the Indian Railway will get rid of the annual dividend it has to pay for gross budgetary support from the government every year. #Finance minister #Arun Jaitley #PM #Railway Budget #Union Budget #Rail budget #Rail projects #General Budget #Gopal Mishra
Prabhu writes to Jaitley, seeks merger of Railway and General budgets

Jul 14, 2016

Prabhu writes to Jaitley, seeks merger of Railway and General budgets

Currently railways is facing a loss of Rs 34,000 crore in passenger segment and its earnings are falling. #NewsTracker #Arun Jaitley #Indian Railways #Railway Budget #Union Budget #Suresh Prabhu
Railway Budget 2016: Despite revenue and funding blues, Prabhu skips rail tariff hikes

Feb 25, 2016

Railway Budget 2016: Despite revenue and funding blues, Prabhu skips rail tariff hikes

A crux of Railway Minister Suresh Prabhu's Rail Budget that shows targets set by him for this fiscal on a host of counts remained to be realised #NewsTracker #Railway Budget #Railway #Indian Railway #Suresh Prabhu #Railway Minister Suresh Prabhu #Railway Budget 2016 #Union Railway Minister Suresh Prabhu
Sensex slips 113 pts after rail budget fails to inspire market

Feb 25, 2016

Sensex slips 113 pts after rail budget fails to inspire market

The Union rail budget failed to hit the right note for the market as selling momentum continued for the third straight day, with the benchmark Sensex today plunging nearly 113 points to close below the key 23,000-mark. #Sensex #nifty #BSE #NSE #Railway Budget #Suresh Prabhu
Rail Budget 2016 reflects government's commitment to poor: Prime Minister

Feb 25, 2016

Rail Budget 2016 reflects government's commitment to poor: Prime Minister

PM Modi said that the Rail Budget lays emphasis on investment and information technology and shows the government's commitment to the welfare of the poor #Narendra Modi #Railway Budget #Railway #Indian Railway #Prime Minister Narendra Modi #Suresh Prabhu #Railway Minister Suresh Prabhu #Railway Budget 2016 #Union Railway Minister Suresh Prabhu