Railways to finance the plan largely through extra-budgetary sources like JVs with states, developing new frameworks for PPP etc
The rail ministry cuts growth target for the next financial year
Four measures have been announced, which include expanding of the items, rationalising of rates, signing of long-term contracts and building terminal capacity
Interview with Railway Board Chairman & Financial Commissioner
Interview with Railway Minister
Operating ratio to worsen to 92%, surplus to fall by a quarter; Depreciation provisioning dips 42% to Rs 3,200 cr; freight, Fares spared; tariff structure to be rationalised, plan outlay up 21%
In the cover that will be offered, it is anticipated that personal accident will be a big element
Hails the new freight corridors, direct long term freight negotiations with key partners
Coaches would have LED boards, FM radio, water-level indicators; third-party audit of catering services to be made mandatory
Says the rail minister has realised that without healthy growth in freight traffic, shoring up finances is well-nigh impossible
Facility will allow free movement from factories to the port
Dividend payment to govt would be higher at Rs 9,731 cr in 2016-17
Model to be used to finance port connectivity project
With no increase in fares, railways needs to find innovative methods to meet its FY17 revenue target of Rs 1,84,820 cr
The Budget must deal with how to revive the domestic economy in a world where slow growth may become the norm
Slow progress on reforms in Rail Budget
Railways will rely on technological solutions for project management and monitoring
In his Budget speech, Prabhu said that Railways has opened the long-awaited Lumding-Silchar broad gauge section in Assam
Rues lack of announcement for a mass rapid transit system for Bhubaneswar