Railway Budget 2015

Rail Budget 2015 : Prabhu proposes more environment-friendly rail system

Railway Minister Suresh Prabhu Thursday proposed a slew of measures to make the country`s largest public transporter more environment-friendly.

Feb 26, 2015, 16:01 PM IST

Rail Budget 2015-16: Freight rate hike may push up commodity prices

Cement, coal, steel and urea prices are likely to go up with the Railways Minister proposing freight hike up to 10 percent for various commodities.

Feb 26, 2015, 15:59 PM IST

Working towards integrating best food chains into e-catering: Prabhu

The government is working towards integrating the best food chains in the country into e-catering services, Railway Minister Suresh Prabhu said here Thursday.

Feb 26, 2015, 15:56 PM IST

Rail Budget 2015-16: Railway to use long term debt for development projects: Prabhu

Ruling out privatisation, Union Minister Suresh Prabhu today said Railways will now depend largely on long-term borrowings rather than changes in passenger fares or using tax payers money for its various development projects.

Feb 26, 2015, 15:45 PM IST

Rail Budget 2015-16: Smooth ride for Suresh Prabhu and his maiden Rail Budget

Suresh Prabhu's maiden Railway Budget presentation, peppered with personal references and quotes, turned out to be a smooth affair even as possibly for the first time, no new trains were announced today.

Feb 26, 2015, 15:42 PM IST

Rail Budget 2015-16: Rs 8.5 lakh crores to be invested over 5 years: Railway Minister

Railway Minister Suresh Prabhu pledged to look for options to raise money to improve the country's rail network, stating that approximately 8.5 lakh crore rupees would be invested over five years.

Feb 26, 2015, 15:31 PM IST

Rail Budget 2015-16: Full Text

Here is the full text of Railway Budget 2015.

Feb 26, 2015, 15:05 PM IST

Rail Budget 2015-16: Rly budget lacks vision, road map to execute ideas: Oppn

Opposition today attacked the first full-fledged Railway budget of the BJP-led NDA government saying it lacked vision and road map to execute the "nice ideas it is full of".

Feb 26, 2015, 14:55 PM IST

Rail Budget 2015-16: Railways to mobilise Rs 17,655 cr from borrowing in 2015-16

Indian Railways will borrow Rs 17,655 crore from markets through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2015-16, a nearly 47 percent increase over the current fiscal year's revised estimate.

Feb 26, 2015, 14:45 PM IST

Rail Budget 2015-16: No new trains introduced

No new trains were announced in the Railway Budget today by Railway Minister Suresh Prabhu who assured Parliament that these would be announced in the ongoing session itself, pending completion of track renewal work and review of line capacity.

Feb 26, 2015, 14:42 PM IST

Railway Budget 2015-16: Foreign Rail Technology Cooperation Scheme 'Kayakalp' to be launched

Railways Minister Suresh Prabhu on Thursday said that Foreign Rail Technology Cooperation Scheme would be launched to help in technology upgradation.

Feb 26, 2015, 14:36 PM IST

India aims to invest $137 billion in railways in next five years

India will increase investment in its overloaded railway network to 8.5 trillion rupees (USD 137 billion) over the next five years, the government said on Thursday, promising to modernise existing tracks but shying away from raising fares to fund the expansion.

Feb 26, 2015, 14:32 PM IST

Railways to hike train speed to reduce travel time between metros

The speed of trains connecting major metro cities would be increased up to 200 kilometres per hour (kmph) on nine select railway corridors in a bid to reduce travel time, Railway Minister Suresh Prabhu announced on Thursday.

Feb 26, 2015, 14:19 PM IST

Rail Budget 2015: No passenger fare hike, no new trains; tickets 120 days in advance

Railway Minister Suresh Prabhu spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.

Feb 26, 2015, 14:12 PM IST

Sensex plunges 303 points as Rail Budget fails to cheer markets

Besides, trimming of positions by cautious participants in view of monthly expiry in the derivatives segment, influenced the trading sentiment, brokers said.

Feb 26, 2015, 14:07 PM IST

Rail Budget 2015 a 'watershed moment' for Railways: Modi

“Railway Budget 2015 is a watershed moment for Railways, marking a paradigm shift from discussing coaches and trains to comprehensive railway reform.”

Feb 26, 2015, 13:59 PM IST

No hike in train passenger fares

Railway Minister Suresh Prabhu today spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.

Feb 26, 2015, 13:46 PM IST

Rail Budget 2015: Foreign rail technology co-operation scheme proposed to be launched

Indian Railways have signed in the past MOUs for technical cooperation with number of foreign railways or their entities.

Feb 26, 2015, 13:45 PM IST

Rail Budget 2015: 77 New Railway projects worth Rs 96,182 cr sanctioned

Presenting the Railway Budget 2015-16 in Parliament on Thursday Railway Minister Suresh Prabhakar Prabhu said this budgetary allotment under capital is 84 percent higher than 2014-15.

Feb 26, 2015, 13:38 PM IST

Rail Budget 2015: Passenger earnings scaled down to 17.7%

Railway Minister Suresh Prabhu on Thursday said that the passenger earnings which were budgeted to increase by 22.2 percent have been scaled down to 17.7 percent.

Feb 26, 2015, 13:37 PM IST