Search Results for: Railways

eu-nears-deal-on-315bn-plan-to-tackle-drop-in-investment

EU nears deal on €315bn plan to tackle drop in investment

EU finance ministers agreed the details of a €315bn (£224bn, $338bn) investment plan on 10 March to help revive the European economy without piling up more debt, and now aim to get the first projects going by the end of the year. Mar 10, 2015
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Philip Hammond, Jihadi John, Mohammed Emwazi, British Government, ISIS

Maharashtra/ Madhya Pradesh/ Kerala, Feb 28 (ANI): Citizens across India hope that Narendra Modi government comes up with a pro-people budget as it prepares to present its first full-fledged annual budget in Parliament for the fiscal year 2015-16. Prime Minister Narendra Modi's target for free-market economics faces a major test on Saturday (February 28), in a budget India's top economic advisor has warned could wreck the leader's promises of "good days"if there's no roadmap to reform. Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets. However, analysts warn that Indian stocks are overvalued and that equity markets could see a sell off of 6-8 percent if the pro-growth measures in the budget, to be unveiled by Finance Minister Arun Jaitley at 11.00 a.m. (0530 GMT), fall short of expectations Feb 28, 2015
rail-budget-not-on-basis-of-political-differences-but-on-requirements-needs-of-railways-manoj-sin

Rail budget not on basis of political differences but on requirements & needs of Railways: Manoj Sin

New Delhi, Feb 26 (ANI): Talking about the Rail Budget 2015-16, Minister of State for Railways, Manoj Sinha said on Thursday that the budget is not made on the basis of political differences or preferences. He said that the budget is directed towards the needs and requirements of the Railways. He also said that the ministry has given special emphasis to cleanliness and women safety among other things. Feb 26, 2015
reactions-from-political-circle-over-rail-budget-2015

Reactions from political circle over Rail Budget 2015

New Delhi/Patna, Feb 26 (ANI): Reactions poured in on Thursday after Railways Minister Suresh Prabhu presented his maiden railway budget. Consumer Affairs Minister Ram Vilas said that the overall budget is very good. Bihar Chief Minister Nitish Kumar said that expectation was that the fares would reduce but nothing such happened. Earlier in the day, while presenting his railway budget, Suresh Prabhu said the railway has to undergo a transformation over the next five years. He said the proposed investment in railways will be rupees eight lakh fifty six thousand twenty crores by 2019. Feb 26, 2015
railway-budget-lays-out-clear-roadmap-for-economic-growth-pm-modi

Railway Budget lays out clear roadmap for economic growth: PM Modi

New Delhi, Feb 26 (ANI): Prime Minister Narendra Modi on Thursday termed the Railway Budget for fiscal 2015-16 as the clear roadmap to make the railways the key driver of India's economic growth. Prime Minister Modi also took to Twitter to express his views. “#RailBudget2015 is a forward looking, futuristic and passenger centric budget, combining a clear vision and a definite plan to achieve it,” Prime Minister Modi tweeted. “#RailBudget2015 is a watershed moment for Railways, marking a paradigm shift from discussing coaches and trains to comprehensive railway reform. I am particularly delighted that for the 1st time there is a concrete vision for technology upgradation and modernisation of the Railways,” he added. “Rail Budget lays out a clear roadmap to make the Railways the key driver of India's economic growth and playing a key role in India's progress. #RailBudget2015 stands out for its focus on the common man, putting speed, scale, service and safety, all on one track,” he said in a series of tweets. Feb 26, 2015
rail-budget-full-of-imaginary-ideas-congress

Rail Budget full of imaginary ideas: Congress

New Delhi, Feb 26 (ANI): Reacting on Rail Budget 2015, the Congress party said that Suresh Prabhu presented nothing new in the budget for Indian Railways in the Lok Sabha. Disappointed Congress said that no single announcement was made about new trains, and people were expecting reduction in rail fare. Terming it a dream budget Congress leader Mallikarjun Kharge said that the Rail Budget 2015 is full of imaginary ideas and it is impossible to implement it practically. Feb 26, 2015
foreign-rail-technology-cooperation-scheme-to-be-launched-part-2

Foreign Rail Technology Cooperation Scheme to be launched Part - 2

New Delhi, Feb 26 (ANI): Railways Minister Suresh Prabhu on Thursday said that Foreign Rail Technology Cooperation Scheme would be launched to help in technology upgradation. Presenting the Railway Budget for fiscal 2015-16 in Parliament, Prabhu stressed on the need to decentralise, deregulate and delegate to make freight business simpler. No new trains were, however, announced this year in the rail budget. There was no increase in railway passenger fares either. The Railways Minister further said that mobile phone charging facilities would be provided in general class coaches and the number of charging facilities would be increased in sleeper class coaches. Feb 26, 2015
foreign-rail-technology-cooperation-scheme-to-be-launched-part-1

Foreign Rail Technology Cooperation Scheme to be launched Part - 1

New Delhi, Feb 26 (ANI): Railways Minister Suresh Prabhu on Thursday said that Foreign Rail Technology Cooperation Scheme would be launched to help in technology upgradation. Presenting the Railway Budget for fiscal 2015-16 in Parliament, Prabhu stressed on the need to decentralise, deregulate and delegate to make freight business simpler. No new trains were, however, announced this year in the rail budget. There was no increase in railway passenger fares either. The Railways Minister further said that mobile phone charging facilities would be provided in general class coaches and the number of charging facilities would be increased in sleeper class coaches. Feb 26, 2015
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