Budget 2015 News - Page 6

Eco survey: Revive PPP as stalled projects now account for 7% of GDP
The Survey said PPP Financing structure should attract pension and insurance funds, adding that high projects should shift to e-toll systems and escrow accounts. The Survey also said efforts were needed to reform direct tax system.

Carbon tax to coal cess: Eco survey highlights India’s green actions
The Economic Survey 2014-15, which was tabled by the Modi government in Parliament today, acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products to reenergize the renewable energy sector.

How govt hopes to get subsidies to poor: Jan Dhan Yojana, Aadhaar and mobile numbers
The Economic Survey has recommended that the benefits of subsidies reaches those who deserve it, the government needs to look at a union of Jan Dhan Yojana, Aadhaar and Mobile numbers.

Economic Survey: Despite complaints, govt praises its airport development plan
As of now, five Indian airports have been given to private developers on a revenue sharing model- Delhi, Mumbai, Hyderabad, Cochin and Bengaluru.

Economic Survey: India’s development depends on both ‘Make in India’ and ‘Skilling India’
Calling 'Make in India' a flagship initiative, The Economic Survey 2014-2015 highlights that there’s the need for balance between 'Make in India' and 'Skilling India'.

Economic Survey: Power, coal, cement propelled growth, manufacturing disappoints
According to the Survey, the overall growth in the eight core industries improved marginally to 4.4 percent compared to 4.1 percent in the same period last year.

Here's why Economic Survey sees retail inflation dropping to 5% in 2015/16
India's consumer inflation will drop to between 5 and 5.5 percent in 2015/16, opening up space for more monetary easing, a finance ministry report said on Friday, a day before the government presents its first full budget.

Economic Survey: 4.1% fiscal deficit a 'daunting task', but will achieve it
It indicated that the government may have to cut its expenditure in order to meet the target, if revenue did not pick-up sufficiently

Railway Budget 2015: Industry lauds Prabhu for reform-oriented, pro-growth steps
The minister hiked the freight rate for cement, coal, others by up to 10 percent; while envisaging investment of Rs 8.50 lakh crore in five years and proposed 77 new projects covering 9,400 km of doubling works, among others.

Airconditioned Mumbai local trains likely to be launched by October this year
Air-conditioned Mumbai local trains, which was promised in the Railway Budget 2015, will likely be launched latest by October this year.

Biting the bullet: Why Prabhu (and his boss) shouldn't chase the bullet train
Bullet trains are a bad idea when faster trains on existing tracks are an obvious and viable alternative. While it is true that the Modi promised bullet trains before the elections, good sense needs it to abandon this costly extravaganza

Budget 2015: What happened to the Rs 10,000 cr startup fund Mr Jaitley?
Industry leaders allege that beyond the budget announcements, the implementation of the scheme has been poor on the ground.

Watch: Boosted by PM Modi, Suresh Prabhu puts railway on fast track
Railway Minister Suresh Prabhu on Thursday said that Indian Railways will continue to serve the common man of India.

Rail Budget 2015: Prabhu has made lofty promises without giving a roadmap
Suresh Prabhu's rail budget is dominated by cosmetic value addition.

All-India helpline to e-catering: How Rail Budget 2015 will make life easier for passengers
Here is a look at how passengers' lives will become easier if the promises made by the government in the Rail Budget 2015 are implemented.

What Prabhu's white paper says: Indian Railways' finances will be in trouble soon
The 66-page White Paper has given details of railways' finances, expenditures on projects and suggestions for improvement.

Rail Budget 2015: Prabhu misses Modi’s target on efficiency, but hopes to better it
One key aspect that can improve the efficiency and decrease the Railways’ spending is by bettering the on-time performance of the passenger and goods trains

Rail Budget 2015: Prabhu makes sensible promises, but can he turn Railways around?
The Railway Minister has set a precedent by not announcing any new trains or appeasing political constituencies and it’s a far departure from the populist budgets earlier.

Rail Budget 2015: 7 stats Prabhu hopes to beat his predecessors on
Suresh Prabhu's budget is high on ambition; he has to follow it up with concrete action

Rail Budget 2015: Forget trains, Suresh Prabhu's speech was all about technology
Out of total Rs 8,56,020 crore proposed investment plan, the minister has set aside Rs 5,000 crore for Information Technology/ Research.

Rail Budget 2015: Why senior citizens have good reason to cheer Suresh Prabhu
The minister also said that ticket examiners would be instructed to help senior citizens and pregnant women, who weren't alloted lower berths during the reservation process.

Rail Budget 2015: Prabhu strikes a fine balance between good politics, economics
Prabhu’s budget holds within its fold a regulatory framework that will not only oversee tariffs but also write regulations, set performance standards and adjudicate on disputes among licensees and the ministry.

Suresh Prabhu's Rail Budget 2015 has bogies full of goodies for the aam aadmi
India's railway minister Suresh Prabhu did not announce any new trains in his maiden budget, departing from a tradition of laying on new services to politically important constituencies.

Rail Budget 2015: Suresh Prabhu chooses common man over politics
Thankfully, Suresh Prabhu’s Rail budget 2015 is not an election manifesto. By not using the budget for cheap populist stunts, Prabhu has ensured that his maiden speech would remain non-controversial and will, thus, allow him the peace and luxury of implementing it away from the glare of the critics.

Chambers hail rail budget even as stock market gives it a thumbs down
Stock markets did not seem to approve of everything Prabhu has proposed today.

Rail Budget: Power tariffs may rise after hike in freight rates for coal
The Railway Budget for 2015-16 proposed raising freight rates for 12 commodities that include a 6.3 percent increase for coal.

Rail Budget 2015 Live: Prabhu late for Talkathon, aam janta getting impatient
We track the latest developments as Railway Minister Suresh Prabhu presents his first Railway Budget.

Rail stocks derail, fall up to 7% as Budget disappoints markets
Share prices of companies that cater to the railway sector plunged by up to 7 per cent today after the Rail Budget 2015-16 failed to boost investors' sentiment.

