Last Updated: Thursday, February 26, 2015, 21:48
Railway Minister Suresh Prabhu Thursday said decline in prices of diesel, a major source of fuel for railways, is one of the reasons behind the government's decision not to hike passenger fares.
Last Updated: Thursday, February 26, 2015, 17:40
In 2014-15 (revised estimate), the revenue from movement of goods will rise to Rs 1,06,927 crore from Rs 93,095 crore in the previous year, according to the Rail Budget document.
Last Updated: Thursday, February 26, 2015, 17:30
He said the budget is a watershed moment for the railways, marking a paradigm shift from mere announcement of number of trains to a comprehensive railway reform.
Last Updated: Thursday, February 26, 2015, 14:12
Railway Minister Suresh Prabhu spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.
Last Updated: Thursday, March 7, 2013, 19:22
Accusing the government of raising rail fares through back door, the Opposition on Thursday demanded 21 per cent roll back of the passenger fare hike announced ahead of the rail budget.
Last Updated: Wednesday, March 14, 2012, 20:53
Holding that passenger fare hike had become necessary to balance its budget and strengthen the financial position, the Railways today said the move will fetch the network Rs 6,500 to Rs 7000 crore.
Last Updated: Wednesday, March 14, 2012, 15:58
After presenting his maiden Rail Budget on Wednesday, Railway Minister Dinesh Trivedi told a customary press conference said that the decision to hike passenger fares was imperative.
Last Updated: Wednesday, March 14, 2012, 15:33
Announcing the first hike in passenger fares in 10 years, Railway Minister Dinesh Trivedi in his first Rail Budget speech said that fares will go up nominally.
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