Diabytes
Rail Freight Rates News
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PM said that Rail Budget showcases a vision to reorganise and rejuvenate the national transporter with the aim of providing trains with higher speed and safety.
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Here is the Full Text of Union Railway Minister Suresh Prabhu's Rail Budget 2016.
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Union Railway Minister Suresh Prabhu while presenting Railway Budget 2016 on Thursday made a slew of announcements related to ticketing.
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Minister of Railways Suresh Prabhu while presenting Railway Budget 2016-17 in Parliament on Thursday said that ‘Humsafar’ and ‘Tejas’ will ensure cost recovery by way of tariff and non-tariff measures.
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Here are 5 announcements that will benefit rail passengers.
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Every Indian railway station should be made fully accessible for physically-challenged people by incorporating measures as per universal accessibility standards, a NGO run by an Indian-American said ahead of the annual railway budget.
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Railway Minister Suresh Prabhu faces a stiff dilemma on whether to raise fares and freight rates in his second Rail Budget Thursday as railway finances come under tremendous strain.
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Union Railway Minister Suresh Prabhu made no changes either in passenger fares or freight rates while presenting his second Rail Budget in Parliament on Thursday.
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Prabhu will also have to take call on whether to impose safety cess for strengthening safety measures to prevent accidents.
Also, one can book a train ticket 120 days ahead of travel date, instead of 60 days as at present.
Defending the hike in freight rates that would rake in Rs 4,000 crore more, Railway Minister Suresh Prabhu Thursday said it would have minimal impact on the transportation of commodities and would not affect the prices of essential items like foodgrains, fertilisers and urea.
Travel by train will be costlier from Wednesday as the recently announced hike of 14.2 per cent in passenger fares will come into effect.
Stating that the choice before the government was to allow the railways to bleed and eventually walk into a debt trap or raise fares, Jaitley said, "India must decide whether it wants a world-class railway or a ramshackled one.
India must decide whether it wants a world-class railway or a ramshackled one, Jaitley added after rail fare hike.
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