Railways Budget

Union Budget invested in Railways without giving in to populism

Amidst all the “last budget” euphoria and the high expectations from the general public of it, the budget outlay details for the Indian Railway went relatively unnoticed. And possibly this was the prime reason for merging the Railways budget with the Union budget. Significant reforms are needed in Indian Railways whilst keeping populism at bay.

Feb 02, 2018, 13:03 PM IST

Railway passengers likely to pay more for train journeys as govt mulls imposing safety cess

Indian Railways is likely to levy safety related cess on train tickets to fund the Rs 1.20 lakh crore safety fund- Rashtriya Rail Sanraksha Kosh, resulting in rise in train fares from April 1. 

Jan 16, 2017, 12:59 PM IST

Finance Ministry mulling advancing Union Budget by a month

Union Budget has for decades been presented on last day of February, but this could soon change with the government mulling advancing it to January end so as to complete the budget exercise before the beginning of the new fiscal.

Aug 21, 2016, 13:28 PM IST

Just one Budget? Suresh Prabhu writes to FM Jaitley, seeks merger of two budgets

Prabhu has recommended ending the 92-year-old practice of presenting a separate budget for Railways and sought merger with the General Budget presented by the Finance Minister, said a senior Railway Ministry official.

Jul 14, 2016, 21:25 PM IST

Railways is like 'Jersey cow', govt neither milked nor took care of it: Lalu Yadav to Modi

The RJD chief said that if the government does course correction by reversing anti-poor policies, the Jersey cow (Railways) can be restored back to sound health.”

Feb 15, 2016, 21:05 PM IST

Railways earnings up by over 12%

Continuing the growth trajectory, railways have earned Rs 1,28,928.28 crore during April 2014- January 2015 as compared to Rs 1,14,428.52 cr during the same period last year, registering an increase of 12.67 per cent.

Feb 05, 2015, 21:52 PM IST