Page 3 - Railway Budget

HIGHLIGHTS OF RAILWAY BUDGET 2010

HIGHLIGHTS OF RAILWAY BUDGET 2010

Wherever we spot opportunities, we will try to invite PPPs: Piyush Goyal

A big thrust has been given to the ease of living for the middle and lower-middle classes, said Goyal

Merger of Railway and Union Budget: How it stands after five years

Raising investments, bringing modern technology, improving connectivity to the Northeast and the overall infrastructure were some of the achievements Railway Minister Piyush Goyal presented on Friday

Got rid of railway budget to remove political interference: Piyush Goyal

Railways will soon come out with a massive 20 gigawatt renewable energy procurement programme by "which we hope to have net zero carbon emissions from the railways in 10 years," he said

The finance ministry must help us find the money for capex: Suresh Prabhu

Prabhu spoke about priority being given to safety and need for more funds for railways to move ahead

IRCTC, IRCON to be listed: Railways mega holding co on the backburner?

Railway authorities termed listing of these companies as a 'shocker'

Prabhu calls Rs 1.31-lakh cr allocation for railways capex 'unprecedented'

He said the infrastructure investment will spur growth

IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address

Government will continue to use the ETF route for disinvestment of PSUs

Budget 2017-18: Railway companies to be listed on stock market

Government to also identify other PSUs for listing soon

Railways to have special safety fund of Rs 1 lakh cr

Jaitley announced that 500 stations would be made disabled friendly

Rail stocks decline 3-5% ahead of Railway Budget

The investors are looking for a safety fund for Railways

Rail Budget to focus on safety, infrastructure development

Creation of a separate safety fund is likely; Rs 20,000 cr will be earmarked for 2017-18

Budget 2017: Aadhaar maybe made mandatory for rail concession

The move will help the government in better targeting of benefits, sources said

Rail services must be paid for, says Arun Jaitley

The government had in September scrapped the 92-year old practice of presenting a separate railway budget

Letters: Let the secrecy end

The editorial, "Rebooting railways" (September 22), sets the pace for "what the railways should be doing to improve their functioning in a holistic manner" -a far more important agenda than merely shedding the 92-year-old legacy of the Raj era.Shedding the Railway Budget legacy is a great start. Any prudent and objective government must keep reviewing old practices, which are mostly followed because "we have always done it like this".Practices that have become unproductive and irrelevant must be discarded, just as we have started repealing some of the redundant historic laws that have no bearing on the running of the country at present.Presenting a separate Railway Budget was an anomaly; I am happy it has now been discontinued. Railway Minister Suresh Prabhu's comment in this context must be lauded.The annual Union Budget is now practically an exercise in bookkeeping; it is no longer a means to bring about drastic changes in direct and indirect taxes and, possibly, help some companies.

Letters: Ring in the new

The Centre's decision to scrap the colonial era practice of two Budgets, 92 years after it was introduced means goodbye to another British legacy.The Railway Budget is usually presented two days before the Union Budget. Though there will be no Railway Budget, the railway ministry will continue to have autonomy over fares, salaries, pension bill, tariff revision and market borrowing, enabling it to maintain its distinct identity.The move could be a game changer and save the government a lot of time, money and effort. Another colonial legacy, the prime minister's residential address, 7, Race Course Road, is also becoming history now, with the road set to be renamed as 7, Lok Kalyan Marg.N J Ravi Chander BengaluruLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafar MargNew Delhi 110 002Fax: (011) 23720201E-mail: letters@bsmail.inAll letters must have a postal address and telephone number

India to merge rail, general budgets; end non-plan, plan distinction

Officials said a better indicator of productive and general expenditure will be replacing the plan and non-plan distiction that has lost relevance post Planning Commission abolition

Rail Budget's 92-year-old journey set to end

Likely to be merged with Union Budget from FY18

Scrap separate Rly Budget

But speed up other railway reforms as well

Bibek Debroy: A 1924 legacy

There is an impression that private companies built railways under a guarantee system and this later changed to government ownership and operation of railways