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1 min read
No hikes in the fare this Railway Budget 2016 but can Railway Minister Suresh Prabhu make his grand plans come true?
Looking back at the balance sheets of the Indian Railways, one can comfortably say that the organis…
1 min read
Rail Budget 2016: Enhanced connectivity to North-Eastern states via broad-gauge
"We will connect North-eastern states of Misoram, Tripura via broad-gauge," Prabhu said. He also s…
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Rail Budget 2016: Railways have added more than 65,000 berths via new coaches, plans to add 17,000 more bio-toilets by financial year-end
He also spoke on upping the online ticketing system, saying, "We have enhanced capacity of e-ticket…
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Railway Budget 2016: Huge fillip to new jobs, to add 14cr man-days in 2018-19
Focussing strongly on the need for more innovation, Prabhu said, “We need to re-imagine the convent…
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Rail Budget 2016: Suresh Prabhu says he is trying to fulfill PM Modi's vision
"This Budget owes its vision to that of PM Modi. We want to improve quality of customer experience,…
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Railway Budget 2016: The 10 numbers that matter the most
2) The number of people employed by railways is 13.1 lakh, which makes it the country's single bigg…
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Rail Budget 2016: Suresh Prabhu plans to double investment in railways to Rs 1.2 lakh crore for FY17
"We are looking at ways to boost cost-optimisation this fiscal," Prabhu said. "We have overhauled a…
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2016 for Indian Railways: Shortfall of about Rs 14,000 crore in total revenue earnings
The year 2016 will also be remembered for government taking a historic decision of doing away with …
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Rail Budget 2016: There's going to be a new rule for unreserved train tickets from March 1
An unreserved train ticket for travelling upto 199 km distance will no longer be valid after three …
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Delhi-Gorakhpur Humsafar Express to have dynamic pricing to boost revenue of the railways
The train was scheduled to be flagged off this month, but it was delayed owing to various reasons, …
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The Unviable Budget
While there was a lot of talk about investment, there wasn’t a clear cut path on how to raise the r…
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Railway stocks crash after budget
The Nifty crashed below the crucial 7,000-point support in afternoon trade and quoted at 6,976, dow…
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Pumped up by Modi’s promise of budgetary support, Indian Railways sets a high capex target for FY 2016-17
Boosted by this improvement, Indian Railways have set a target of Rs 1.5 lakh crore for this financ…
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Suresh Prabhu may have bitten more than he can chew
Opposition came down heavily on Prabhu as soon as he concluded his budget speech. Angry and disappo…
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Rail Budget 2016: Suresh Prabhu is going to make money through non-fare sources
During his rail budget speech, Prabhu said that the current revenue through non-fare sources is les…
3 mins read
‘Suresh Prabhu’s Rail Budget is pragmatic, technocratic and people-centric’
The Rail Budget 2016-17 presented in the Lok Sabha by Minister for Railways Shri Suresh Prabhu can …
1 min read
Rail Budget 2016: Railways to enhance e-ticketing capacity to 7,200/min
In the announcement of Rail Budget 2016, Railway Minister Suresh Prabhu has said that he is looking…
1 min read
Rail Budget 2016: Railways ministry looks forward to tapping auto and FMCG sectors for revenue
Railways ministry wants to tap auto and FMCG sectors
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Budget 2016: Travel experts tell us how India can attract more tourists
Travel Infrastructure and Safety are the two aspects that need urgent attention by the government. …
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This year is going to be about upgradation and modernisation. Railway Budget 2016 to see Rs 1.25 lakh crore increased outlay
Railway Minister Suresh Prabhu is likely to focus on capacity creation with an increased outlay of …