Railway Budget 2020
The Railway Budget is the annual financial statement of the state-owned Indian Railways, which operates the rail transport in the country. Earlier, the Railway Budget was presented a couple of days ahead of the General Budget by the railway minister in the Parliament. The 92-year old practice of presenting a separate Railway Budget came to an end during the Narendra Modi government on 21 September 2016. The government decided to merge both the Union Budget and the Railway Budget from the year 2017-18. The Railways received a budgetary allocation of Rs 65,837 crore and highest-ever outlay for capital expenditure amounting to Rs 1.60 lakh crore in the Budget for the year 2019-20, including a whopping 200 percent increase in funds for passenger amenities. Finance Minister Nirmala Sitharaman, while presenting the Budget, said the railway infrastructure would need an investment of Rs 50 lakh crores between 2018 and 2030 and proposed that a public private partnership (PPP) be used to unleash faster development and delivery of passenger freight services for railway projects to boost connectivity.
Showing of 0 - 10 from 118 results
Railway - Total results - 118
Nov 21, 2020
Punjab farmers to lift rail blockade from Monday, but threaten to return if concerns not addressed in 15 daysProtests at toll plazas, outside railway stations, shopping malls and residences of BJP leaders will continue, the Bharatiya Kisan Union (Rajewal) said
Sep 03, 2020
Tana Bhagat tribals block trains at Jharkhand's Tori station, demand land rights, amendment to CNT ActThe General Manager of Hajipur division of the East Central Railway has written to the Jharkhand chief secretary to remove the Tana Bhagat protests from the tracks immediately
May 12, 2020
As railways resume train services, passengers eager to get home, arrive ahead of schedule; some don PPE suits to avoid infectionThe Indian Railways is partially resuming its passenger train operations from Tuesday after over one and a half months of stoppage owing to the COVID-19 lockdown in the country.
May 12, 2020
Over 80,000 passengers have booked tickets worth Rs 16 crore for special trains so far, says Indian RailwaysOver 80,000 passengers have booked tickets worth over Rs 16 crore on the special trains so far, the Indian Railways said on Tuesday, hours before the first such train is scheduled to depart from the New Delhi station for Bilaspur in Madhya Pradesh.
May 11, 2020
Indian Railways to resume passenger services; will run 15 special trains starting 12 May: Full list of trains and their timingsAs per the Ministry of Railways, these services shall be in addition to the Shramik specials for transporting stranded migrants which started from 1 May.
Apr 06, 2020
Bank of Maharashtra gets govt mandate to collect donations for PM CARES Fund; contributions to get I-T Act exemptionOne can also remit contributions directly by electronic clearing system (ECS) to the designated savings bank account of Bank of Maharashtra.
Mar 24, 2020
Coronavirus Outbreak: Railways to release full salary to lakhs of contractual workers during suspension of serviceIn a huge relief to lakhs of contractual employees, the railways has decided to release their full salaries even as it suspended all its passenger services till 31 March
Feb 24, 2020
Dedicated freight corridor to bring down charges by 50%, likely to be operational by next year; DFCCIL to run 120 trains dailyThe corporation is in talks with the Ministry of Railways that some part of lower freight charges should be passed on to the customers, he said.
Feb 01, 2020
Budget 2020: Railway to get Rs 70,000-cr support, Rs 1.61 lakh cr capex; paltry 3% increase in allocation, 150 trains to be operated under PPP modeThe total receipts of the railway are targeted to increase by 9.5% in the Budget Estimates of 2020-21 over the Revised Estimates of 2019-20.
Dec 31, 2019
Indian Railways hikes fares for passenger trains across network; revised amounts to be applicable from 1 JanuaryThe Indian Railways raised the basic passenger fares across the nation on Tuesday, which will be applicable from 1 January, 2020. The revised fare table was published by the Indian Railway Conference Association (IRCA), reports said.