Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
The Lok Sabha on Tuesday approved the Interim Railway Budget with a vote-on-account for Rs 26,000 crore for expenditure in the first four months of the next financial year.
Former railway minister and Mamata Banerjee described the Interim Railway Budget for 2009-10 as 'election-oriented' and an eyewash to secure votes.
It has been another lost year for the Railways despite the intra-year measures to compensate for the rise in fuel costs.
The party's national general secretary, Mukul Roy, said, "This government has no moral or ethical right to place a railway budget."
A total of 5,400 unmanned level crossings were eliminated in the last one year.
No major announcements or tariff changes for freight or passenger segment likely to be announced.
Railway Minister Mallikarjun Kharge on Wednesday announced a slew of measures for improving the services of Indian Railways.
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge announced that new trains will be introduced.
The Union Minister of Railways, Lalu Prasad while presenting the Interim Railway Budget 2009-10 in the Lok Sabha on Friday, announced the introduction of 43 new trains which include four Garib Raths.
It will run non-stop between Hazrat Nizamuddin and Bangalore.
Three new non-stop Duronto trains will be launched on Wednesday, the last day of the current financial year. They are the New Delhi-Bhubaneswar, New Delhi-Howrah, and Delhi Sarai Rohilla-Jammu Tawi Duronto expresses.
In his interim Railway Budget for 2009-10, Lalu announced the extension of 2187/2188 Jabalpur-Mumbai-Jabalpur biweekly Garib Rath Express to Allahabad. The trouble, however, is that the Jabalpur-Mumbai-Jabalpur Garib Rath does not exist!
Presenting the Interim Railway Budget 2009-10 in the Lok Sabha on Friday, the minister said this is in addition to the bullet train proposals between Delhi-Amritsar, Ahmedabad-Mumbai-Pune, Hyderabad-Vijayawada-Chennai, Chennai-Bangalore-Ernakulam and Howrah-Halida which were announced in 2007-08 Railway Budget.
Railway Minister Lalu Prasad was at his humourous best while presenting the Interim Railway Budget in the Lok Sabha on Friday, with a fair sprinkling of quotable quotes, couplets and witty replies to interventions.
Presenting the Interim Railway Budget 2009-2010 in the Lok Sabha on Friday, the minister said that Palej, Panoli, Kosamba and Kim in the districts of Surat and Bharuch in Gujarat, Roshanara Garden and Sultanpuri in Delhi, Shastrinagar and Model Town of Ludhiana in Punjab and Vasarpadi in Tamil Nadu will be considered on priority for construction of ROBs and RUBs.
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament on Friday. Following is the entire speech of the railway minister:
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament.
With an eye on the forthcoming general elections, Railway Minister Lalu Prasad on Friday presented a feel good, populist interim Railway Budget in Parliament, cutting mail and express train fares by 2 per cent and keeping freight rates unchanged.
If a prime minister could be chosen on the basis of announcing new trains, Lalu Prasad would be there already. An unprecedented number of new trains -- 43 in all -- with a majority of them touching one or more cities in Bihar, were announced by him as part of the 2009-10 Interim Railway Budget.
The NSE Nifty ended at 2,948, up 55 points. The market breadth was fairly positive - out of 2,528 stocks traded, 1,455 advanced and 970 declined on Friday.
The minister said that the objective of larger investment is to increase the transport capacity of the Railways and to reduce the unit cost of operations. Railways' investment outlays have been stepped up from Rs 13,394 crore (Rs 133.94 billion) in 2003-04 to Rs 36,773 crore (Rs 367.73 billion) in 2008-09.
Presenting the Interim Railway Budget 2009-10 in the Lok Sabha on Friday, he informed that the number of consequential accidents came down to 194 in 2007-08, as against 325 in 2003-04.
Train running information system will be installed at rail premises to facilitate dissemination of information about trains on real time basis.
The Railway Minister sanctioned Ganguly's request for utilising the Railway cricket complex in Kolkata for an academy.
The Railways have decided to introduce a new series of 17 'Sampark Kranti Express' trains as part of National Democratic Alliance government's connectivity revolution that would provide quicker connectivity from states to New Delhi.
Determination of rates will no longer be an exercise behind veils where the Railways and the users could only peep covertly at what was happening on the other side.
The Budget and related appropriation bills were passed by the Lok Sabha on Monday.
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The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
Two premium new long-distance trains and plan to convert a strategically important metre gauge line into broad gauge were announced on Wednesday for the Northeastern region in the Railway Budget, but opposition BJP and AGP dubbed the sops as "frustrating".
After presenting his first railway budget, Mallikarjun Kharge on Wednesday said he was not for populism but wanted to be "realistic" to ensure that the national transporter thrives for the people of the country.
The 15th Lok Sabha will go down in the history as the most disrupted in Independent India so far including the pepper spray incident which marked a new low in parliamentary conduct.
CAG says Railways lost about Rs 4,300 crore in 2008-2012 because of improper documentation.
Anticipating healthier economic growth, the Railways has targeted a record Rs 1.6 lakh crore in revenue for the next financial year, while no increase has been proposed in passenger fares and freight rates.
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