Centre will present 'dressed-up' revised estimates for 2020-21 in upcoming Union budget, claims Congress
The Opposition party demanded a large fiscal stimulus to the economy, asserting that such a step alone will put money in the hands of people and stimulate demand
Figures from Indian Railways highlight how most states have gained after the NDA came to power in 2014
Majority of Indians want railway minister Piyush Goyal to work towards increasing safety and transparency in the Indian Railways in Budget 2018
In its endeavour to provide a safe and secure travel experience to passengers, Indian Railways is pitching for the procurement of about 12 lakh CCTV cameras to ensure state-of-the-art surveillance systems.
Aiming to fund rail expenditure through asset monetisation, Railway Minister Piyush Goyal said he would be "satisfied" with any amount of capital allocation to the transport behemoth in the upcoming budget
India's Railways reforms: Despite progress elsewhere, restructure of bureacratic architecture remains pending
In the second half of the NDA government's tenure, Minister of Railways Piyush Goyal seems inclined to complete the unfinished and challenging agenda to restructure and reform the bureaucratic architecture of India's state-owned transporter
Amid reports of possible winding up of the Marhowra diesel locomotive factory announced by Lalu Prasad Yadav in the Rail Budget a decade ago, chief minister Nitish Kumar on Monday batted for the project and said he would have a word with the railways minister in this regard.
Bihar Chief Minister Nitish Kumar on Monday criticised the Centre for clubbing the Rail Budget with the general Budget saying "it has killed the autonomy of Railways", the lifeline of the country.
To provide incentive to common man, there is an expectation that the basic exemption limit may be raised to Rs 3.75 lakh or Rs 4 lakh this year.
Growth is going to remain broadly pegged to consumer spending, which is good news for retail-facing industries.
"Railways is targetting to carry 1.2 billion tonne of cargo this year and will be join the billion-dollar cargo club soon, which has only five countries," Pradhu said at the SBI Economic Conclave today.
The finance ministry will shortly circulate a Cabinet note to merge the railway budget with the Union Budget, advance presentation by a month and doing away with Plan and non-Plan expenditure head in the Budget
The report is also understood to have addressed the contentious issue of annual dividend payment by the railways on account of receiving gross budgetary support
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.
The Narendra Modi government may scrap the practice of presenting a separate Railway budget that has been going on since the days of the British Raj
India Inc says the new freight corridors envisaged by 2019 will help reduce transportation costs
Railway Minister Suresh Prabhu on Wednesday said that the rail budget will cater to the needs of all "satisfactorily" as a lot of effort has gone into its preparation.
In a green move which will also reflect positively in the expenses, the Railway Ministry has decided that they will be using 12 lakh A4 sheets less in presenting its Budget
The Rail Budget for 2015-16 was passed by the Lok Sabha on Thursday with Railway Minister Suresh Prabhu making a strong pitch for a massive hike in investment for the Railways.
The Rail budget was criticised in Rajya Sabha by some opposition parties for not living up to the expectations of the people, while ruling party members hailed it as a bold one.