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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 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) ...
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 ...
PM hints at increased pvt sector role in Railways
Wanting railway stations to be better than the airports, Prime Minister Narendra Modi on Friday indicated that private players could be soon be involved in their development and modernisation in a major way. He said railway stations in the country ...
Rail Budget 2014 to focus on new design coaches, clean stations
Keeping passenger amenities and comfort as its top priorities, railways have proposed a new design coach with improved furnishings and house keeping scheme in coaches in the Rail Budget 2014-15. The national transporter is also proposing to introduce intensive mechanised ...
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