Rail Reforms News

Politics

Budget 2018: We will have to cut the flab, bring efficiency in railways, says Piyush Goyal

Redevelopment of railway stations, focus on passenger amenities, reducing red tape and overhauling of archaic technology systems our priority, says the railway minister

3 min read7 Feb 2018
Politics

Railways gets a record Rs1.48 trillion in Union Budget 2018

At Rs14.6 trillion, almost all of the railway budget is capital expenditure for capacity creation, including track doubling, gauge conversion and third and fourth line works and redevelopment of 600 railway stations

3 min read2 Feb 2018
Politics

Railways to make payments online, issue larger electrification tenders

New railway minister Piyush Goyal says he was amazed to see Indian Railways issuing electrification tenders for distances as short as 30-40 km

2 min read12 Oct 2017
Politics

Suresh Prabhu should resign if an iota of morality left in him: Congress

Congress said railway minister Suresh Prabhu should step down from his post if he has an 'iota of morality' left in him after the derailment of two trains in five days

1 min read23 Aug 2017
Politics

Indian Railways turnaround hits buffers

Indian Railways have missed earnings targets for the third straight year and debts have shot up raising doubts about an ambitious modernisation drive

4 min read28 Apr 2017
Market

Titagarh Wagons: High hopes on railway reforms

Expectations are high that the govt will give priority to modernization and expedite work on freight corridor, which can increase orders

2 min read17 Jun 2014

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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