Commerce minister had urged developers not to wait for govt aid or markets to rationalise but start lowering prices and write off their earlier investments as bad business decisions
Unless you reduce your rates, you will be stuck with your inventory, Goyal said to developers.
The railways has run 4,000 Shramik Special trains and ferried more than 56 lakh passengers across the country so far
These coaches have been stationed at the maintenance depot of the Shakur Basti railway station
Addressing the Digital Summit on Exports organised by the Confederation of Indian Industry (CII), Goyal said he expects the fall in exports to narrow to 8-10 per cent in June.
There was a huge decline in exports in April but "my sense is that in May, it will improve significantly", he said while speaking at CII's Export Summit
His comments came after Union Minister of Railways and Commerce Piyush Goyal criticised the state for denying approval to a train from Mumbai to Kerala.
Piyush Goyal in his tweets demanded list of passengers from the Maharashtra government on the basis of the guidelines by the Ministry of Home Affairs
The Railways Minister urged the states to cooperate with his Ministry to help the workers
The minister said that the Maharashtra government has provided a received list of only 46 trains, out of which five are to West Bengal and Odisha
Earlier today, the RBI slashed the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31
500,000 tickets booked in three hours for 200 trains starting on June 1
The minister also said that bookings will also resume at counters at specific stations over the next two to three days
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.
The Railways informed that bookings will be completely online and shall commence in a few days time
These trains will have non-air conditioned second class coaches and will run daily
Earlier, a political storm had broken out when Railway Minister Piyush Goyal said that West Bengal, Jharkhand and Chhattisgarh were being laggard in approving these trains
Coronavirus and loss of livelihood driving factors for the movement of stranded workers, says home ministry
Rlys' traffic dropped 32% to 99.86 mt between April 1 and May 14, compared to the same period last year
What the Indian public got this week was another monologue - the fifth since March 19