Railway Budget 2014: Latest News and Updates, Top Stories, Videos, Photos About Railway Budget 2014

No FDI in train operations: Railway Board Chairman

Scouting for resources to meet its fund crunch, Railways is open to the idea of even 100 per cent FDI in its infrastructure development but would keep train operations out of its ambit. "We have given our suggestion to the ...

Govt to expedite construction of 3 rail lines to move coal

The government on Tuesday said it will expedite the construction of three critical rail lines to facilitate faster transportation of coal to power plants, thereby helping in bringing nearly 100 million tonnes of incremental traffic to Railways. The announcement comes ...

Govt proposes 'highest ever' plan outlay for railways

Government on Tuesday proposed "highest ever" plan outlay of Rs 65,445 crore to the railways for the current fiscal, with a budgetary support of over Rs 30,000 crore. Presenting the Railway Budget for 2014-15, Railway Minister Sadananda Gowda said the ...

Railways to borrow Rs 11,790 cr in 2014-15

Indian Railways will borrow less at Rs 11,790 crore from market through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2014-15. The estimated market borrowing by these two companies during current fiscal were pegged at ...

Highlights of Railway Budget 2014

Railway Minister Sadananda Gowda presented his maiden Railway Budget in parliament today. Here are quick highlights of the Budget. 1) Government to make e-procurement compulsory for procurements over Rs 25 lakh. 2) Bangalore to get suburban trains. 3) ...

Rail Budget 2014: FM Arun Jaitley says recent rail fare hike a 'UPA legacy'

Finance Minister Arun Jaitley blamed the recent hike in rail fares on decisions taken under the previous UPA regime and said that the BJP-led government should be judged from what is presented as part of its own Railway Budget. "The ...

Rail Budget 2014: Railways earnings go up by over 8 per cent

Railways have earned Rs 24,272.45 crore during April and May this year as against Rs 22,445.29 crore during the same period last year, registering an increase of 8.14 per cent. The total earnings from goods during April-May 2014 were Rs ...

Rail Budget 2014 to propose X-ray system to detect faults in trains

Railway Ministry is likely to propose installation of X-ray systems along the tracks to detect faulty parts in trains in the Rail Budget among a series of steps to enhance safety measures for passengers. A new academy for advanced training ...

Railway Budget 2014: Highlights

Railway Minister Sadananda Gowda is presenting his Maiden Railway Budget. Here are live updates: 1:15 pm: Ruckus in parliament over Rail Budget. House adjourned till 2 pm. 1:12 pm: Government to make e-procurement compulsory for procurements over Rs 25 ...

Rail Budget 2014: Travel cos bat for FDI in Railways, tax relief on jet fuel

Lowering of taxes on jet fuel, hotels and holiday packages are among the top demands of the travel industry, which has asked the government to initiate bold measures like FDI in Railways to promote tourism and travel in a big way. ...

Sensex, Nifty open higher ahead of Railway Budget; Rail stocks slip

The Sensex and the Nifty opened the day higher ahead of the Railway Budget with the Sensex gaining 30 points, while the Nifty was up 3 points in early trade. Stocks catering to supplies to the Indian Railways were ...

Railway Budget 2014 News