Railways 2017

Railways may create Rs 6.7 trillion business opportunity in 5 years, says report

The business opportunities could be the largest compared to rest of the world except China and would be more than 2.5 times the capital expenditure seen in five fiscals to 2015

Budget may levy new cess to provide social security to coolies

"The proposal makes a lot sense because 10 paisa cess per ticket will not burn of a hole into travellers' pockets. Besides it would help railways to mop up funds to provide social security to coolies," said the source.

Railways seeks gross budgetary support of Rs 50,000 crore for FY'18

Gross Budgetary Support (GBS) of Rs Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.

Railway accidents: Union Budget likely to propose Rs 1 lakh crore safety fund

The government is looking to float a special fund called Rashtriya Rail Sanraksha Kosh

Exclusive: Suresh Prabhu's tweets won't save Indian Railways; with rock bottom op ratio, it's never been this bad

Train accidents in the recent past, unending passenger complaints, and falling revenues are some of the issues that will haunt the railway minister in the upcoming Union Budget presentation on 1 February

Railways needs a revenue manager, not a tariff regulator; here's why

On long-haul sectors such as Mumbai-Delhi and Delhi-Sealdah, the Rajdhanis have been beaten by airlines.

Cabinet Secy to hold series of meetings on budget proposals

The budget session of the Parliament is scheduled to begin from 31 January and the 2017-18 Budget will be presented on 1 February, amidst elections in five states, including Uttar Pradesh.

Elections 2017: Code of Conduct unlikely to affect Modi's move to advance Union Budget

Since the Union Budget is a central activity, any sops announced in it for the citizens of the country, without being specific to the poll-bound states should be not be seen as a violation of the code.

Railway Minister Suresh Prabhu asks people to voluntarily give up their fare subsidy

Railway Minister Suresh Prabhu has asked people to voluntarily give up their railway fare subsidy, special weekend fares for some trains.