The railways recently successfully completed an experiment on the Delhi-Agra route for semi-high speed (up to 160 km/hr)
Gowda had last month said govt will try to make Railways efficient and passenger oriented
CM has urged railways minister to improve rail route coverage in state
Rail Tariff Authority is likely to be a reality by the year-end
But Indian Railways needs institutional reform
One common refrain is of passengers wanting more local trains
The Railway Budget for 2014-15 will be presented today by Railway Minister Sadananda Gowda
Biju Janata Dal (BJD) leader, Jay Panda also welcomed the idea of bullet train
Currently, the Indian Railways is facing a huge cash crunch of Rs.26,000 crore amidst a decline in growth in passenger earnings
Mumbai-Ahmedabad gets first bullet train; govt to launch diamond quadrilateral of high speed trains
First bullet train to run between Mumbai and Ahmadabad
Provision of Rs 100 crore has been made in the Budget for High Speed trains
Resources from PPP are kept at the interim budget level
Special pilgrim circuits like Devi Circuit, Jyotirling Circuit, Jain Circuit among others have been identified by railways for running pilgrim trains
This will facilitate faster transportation of coal to power houses, says Gowda
This will include market borrowing of Rs 11,790 crore and internal resources of Rs 15,350 crore
Gowda also pursued private-public partnership to boost the finances of the cash-strapped railways
Says internal revenue sources and govt funding are insufficient to meet the requirement
Profit taking in Oil & Gas, Capital Goods and banks weigh on the indices
She posted on Facebook that the state has been deprived and insulted at the hands of the Centre's new govt