Search Results for: Railways

cii-hails-railway-budget

CII hails railway budget

New Delhi, July 09 (ANI): The Confederation of Indian Industry (CII) hailed the railway budget that sought public-private partnerships to finance the bulk of future railway projects to modernize the vast but underfunded network. Indian railways minister Sadananda Gowda_s move to push private investment signals the appetite Prime Minister Narendra Modi_s new government has for taking tough and unpopular decisions he said are needed to revive the economy. CII vice-president, Raj Seth, said railways lacked adequate infrastructure to meet the demands. Jul 9, 2014
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Technology will be used to maximum for services: Railway Board Chairman

New Delhi, July 09 (ANI): Safety, cleanliness, improved technology and tourism were the focus areas of the railway budget, said railway board chairman Arunendra Kumar. Kumar said technology was being used in a big way and the focus was also made on rail tourism. Meanwhile, Kumar also said resources were required in railways and he looked forwards to investments. In his maiden rail budget, Railway Minister, Sadananda Gowda, said his ministry would seek cabinet approval for allowing FDI in railways, but passenger services would be excluded. However he did not give details on how he will attract investors. Jul 9, 2014
political-leaders-take-2014-15-rail-budget-with-different-perspectives

Political leaders take 2014-15 Rail Budget with different perspectives

New Delhi/ Patna, July 08 (ANI): As Railway Minister DV Sadananda Gowda presented the rail budget on Tuesday, political leaders take the much awaited budget with different perspectives. RJD Chief Lalu Prasad Yadav said that the PPP concept was already tried by him earlier and won’t affect the Indian Railways in any way. Samajwadi Party Chief Mulayam Singh Yadav said that there is no use of this budget as still many railway tracks are incomplete in UP. BJP leader Rajiv Pratap Rudy and Food Processing Minister Harsimrat Kaur Badal welcomed the budget on different aspects. Jul 8, 2014
railway-budget-2014-15-highlights-part-4

Railway budget 2014-15: Highlights Part - 4

New Delhi, July 08 (ANI): Railway Minister Sadanand Gowda on Tuesday presented the Railway Budget for fiscal 2014-15 in the Lok Sabha. Gowda said that the government is targeting to become the largest freight carrier in the world. He said that Indian Railways is starved of funds despite 100 percent advance payment by customers. Now it___s time to take corrective actions, fare revision was one such step. He added that there is need to FDI except Railway operations, need to have Private Public Partnership to improve Railways. There is also need to explore new opportunities and to involve private funding in infrastructure development. He proposed WiFi systems on all A1 category stations, retiring rooms on all stations, bullet trains for which Mumbai-Ahmedabad sector has been identified. Keeping in mind the security of women, he said that 4,000 women RPF personnel will be deployed. Jul 8, 2014
railway-budget-2014-15-highlights-part-3

Railway budget 2014-15: Highlights Part - 3

New Delhi, July 08 (ANI): Railway Minister Sadanand Gowda on Tuesday presented the Railway Budget for fiscal 2014-15 in the Lok Sabha. Gowda said that the government is targeting to become the largest freight carrier in the world. He said that Indian Railways is starved of funds despite 100 percent advance payment by customers. Now it___s time to take corrective actions, fare revision was one such step. He added that there is need to FDI except Railway operations, need to have Private Public Partnership to improve Railways. There is also need to explore new opportunities and to involve private funding in infrastructure development. He proposed WiFi systems on all A1 category stations, retiring rooms on all stations, bullet trains for which Mumbai-Ahmedabad sector has been identified. Keeping in mind the security of women, he said that 4,000 women RPF personnel will be deployed. Jul 8, 2014
railway-budget-2014-15-highlights-part-2

Railway budget 2014-15: Highlights Part - 2

New Delhi, July 08 (ANI): Railway Minister Sadanand Gowda on Tuesday presented the Railway Budget for fiscal 2014-15 in the Lok Sabha. Gowda said that the government is targeting to become the largest freight carrier in the world. He said that Indian Railways is starved of funds despite 100 percent advance payment by customers. Now it___s time to take corrective actions, fare revision was one such step. He added that there is need to FDI except Railway operations, need to have Private Public Partnership to improve Railways. There is also need to explore new opportunities and to involve private funding in infrastructure development. He proposed WiFi systems on all A1 category stations, retiring rooms on all stations, bullet trains for which Mumbai-Ahmedabad sector has been identified. Keeping in mind the security of women, he said that 4,000 women RPF personnel will be deployed. Jul 8, 2014
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