Highlights of #RailBudget2015

Highlights of Rail Budget 2015

Highlights of Rail Budget 2015
01:29 PM

Rail Budget 2015: SMS alert services for passengers to inform them about arrival and departure of trains

01:29 PM

No new trains announced in this year’s Railway Budget

01:29 PM

It’s like vision statement as it has element of modernization. Yet to get details on expenditure plan. Looks like market borrowing will go up by 50%

– Dr. Samiran Chakraborty, Regional Head of Research, India, Standard Chartered Bank

01:27 PM
01:27 PM

Rail Budget 2015: SMS alert services for passengers to inform them about arrival and departure of trains

01:27 PM

Vision is grand; need to look at resource mobilization

– Mayuresh Mayuresh Joshi, VP-Institution, Angel Broking

01:26 PM

Average speed of freight trains will be enhanced: Suresh Prabhu

01:26 PM

Railways related stocks under pressure as Budget speech ends. Texmaco Rail tanks 6.68%, Titagarh Wagons falls 6.46%, Kalindee Rail Nirman declines 6.96%, Gateway Distriparks down 3.67%

01:25 PM

Average speed of freight trains will be enhanced: Suresh Prabhu

01:25 PM

It was a disappointing Rail Budget. I was expecting reduction in fares: Pawan Bansal, former Railway Minister

01:25 PM
01:24 PM

Budget 2015: Re-development of stations

01:23 PM

Rail Budget 2015: Surveillance cameras on select mainline and ladies compartments

01:22 PM
01:22 PM

Passenger fares should have been reduced, says Former Railway Minister Pawan Kumar Bansal

Passenger fares should have been reduced, says Former Railway Minister Pawan Kumar Bansal
01:21 PM

Prabhu has spelt out what he wants to do but details on how to reach that goal missing

– SC Mittal, Chief Executive, IL&FS Transportation Networks

01:21 PM

We will fulfill PM’s vision for Railways, ‘Ek Bharat Shrestha Bharat’: Union Railway Minister Suresh Prabhu

We will fulfill PM's vision for Railways, 'Ek Bharat Shrestha Bharat': Union Railway Minister Suresh Prabhu
01:19 PM

Railway Budget – initiatives for passengers

Railway Budget - initiatives for passengers
01:19 PM

There is a sense of disappointment, it was more a political statement

– Mythili Bhusnurmath, Consulting Editor, ET Now

Committed to provide rail connectivity to NE states: Suresh Prabhu

Prabhu: Railways to launch Rs 2,500 cr worth of projects via BOT route

01:16 PM

This year, we are celebrating 100 years of Mahatma Gandhi’s from South Africa to India: Suresh Prabhu

This year, we are celebrating 100 years of Mahatma Gandhi’s from South Africa to India: Suresh Prabhu
01:16 PM

Prabhu: Railways to launch EPC system for rail project contracts

01:15 PM

PFC, REC gain as Railways seeking multiple sources of funding

01:15 PM

Prabhu: Railways to commission 1,200 km fresh lines this year

01:15 PM

Skill development and self employment to be encouraged on Konkan Railway model

– Suresh Prabhu, Railway Minister

01:15 PM

Prabhu: To digitally integrate vendors to improve efficiency

01:14 PM

Budget 2015: Re-development of stations

01:14 PM

Prabhu: Skill development and self employment to be encouraged on Konkan Railway model

01:14 PM

Working to modify current system of accounting to track the use of public money and results more efficiently: Suresh Prabhu

Working to modify current system of accounting to track the use of public money and results more efficiently: Suresh Prabhu
01:14 PM

A mechanism for making regulations, setting performance standards and tariffs to be setup: Prabhu

01:13 PM

Prabhu: Investment in Indian Railways is an investment in our future, sustainability and posterity

01:13 PM

Rail Budget 2015: Surveillance cameras on select mainline and ladies compartments

01:13 PM

Railways to setup a university during 2015-16: Prabhu

01:12 PM

Encroachment on Railway land a serious issue; digitized mapping of land has been initiated to counter this

– Suresh Prabhu, Railway Minister

01:12 PM

Railways to allocate Rs 2000 cr for coastal connectivity program: Prabhu

01:11 PM

Simplex Infrastructure up 0.90% as Railway Minister announced 6,608 km electrification sanctioned for FY16

01:11 PM

Committed to provide rail connectivity to NE states: Suresh Prabhu

01:11 PM

Prabhu: 100 DEMUs to be converted to dual fuels

01:11 PM
01:11 PM

Prabhu: 1000 MW solar plants to be set-up by developers on Railways and private land

01:10 PM

Suresh Prabhu fails to impress markets, railway stocks fall on profit booking

The S&P BSE Sensex also plunged over 200 points in trade, led by losses in auto, banks, consumer durable, IT and oil & gas stocks.

01:09 PM
01:08 PM

Prabhu: Encroachment on Railway land is a serious issue, digitized mapping of land has been initiated to counter this

01:08 PM

Rail Budget 2015: Facilities for ladies and senior citizens

01:07 PM
01:07 PM

Suresh Prabhu: JV with major public sector companies for meeting requirements of new lines will be taken up

Suresh Prabhu: JV with major public sector companies for meeting requirements of new lines will be taken up
01:07 PM

Prabhu: Plan size increased by 52%; 41.6% GBS; 17.8% internal generation

01:06 PM

Prabhu: Government to decentralise, deregulate and delegate to make freight business simpler

01:05 PM

Rail Budget 2015: WiFi will be provided at all B category stations, says Prabhu

01:05 PM

Prabhu: Government proposes to get a system audit conducted for all divisions in next 2 months

01:04 PM

Railway Budget 2015: 17,000 toilets to be replaced by bio-toilets; stress on ‘clean Railways’

“We will make cleanliness a major initiative. We will engage private agencies & set up waste-to-energy conversion plants,” Prabhu said.

01:04 PM
01:04 PM
01:03 PM

Prabhu: Process & procedures simplified to prevent delays

01:03 PM

24*7 helpline numbers announced!

24*7 helpline numbers announced!
01:03 PM

‘Request MPs to use part to MPLAD funds to improve facilities’

01:03 PM

Prabhu: To expedite work on Mumbai-Ahmedabad fast train feasibility study

01:02 PM

To prevent fire in coaches, we’ll install train protection warning systems and train collision avoiding systems

– Suresh Prabhu, Railway Minister

01:02 PM

Framework to facilitate private investment has been readied: Prabhu

01:02 PM

JV with major public sector companies for meeting requirements of new Railway lines: Prabhu

01:02 PM
01:01 PM

ISRO, RDSO, IIT Kanpur to help provide facilities for safety at unmanned level crossings

– Suresh Prabhu, Railway Minister

01:00 PM
01:00 PM

Prabhu: Government to revamp Station Redevelopment Policy and invite open bids from parties for station redevelopment

01:00 PM
12:59 PM

Suresh Prabhu: Railways to raise reserved ticket booking window to 120 days vs 60 days now

12:59 PM

Government to introduce Malaviya Chair at IIT/BHU for Railway technology: Prabhu

12:58 PM
12:58 PM

Prabhu: For Railway safety, ISRO to be involved; 3438 level crossings to be eliminated

12:58 PM
12:57 PM
12:57 PM

Suresh Prabhu: We are preparing 5 year cooperate safety plan which will be ready by June 2015

Suresh Prabhu: We are preparing 5 year cooperate safety plan which will be ready by June 2015
12:56 PM

Prabhu: Construction of long loop lines will be expedited

12:56 PM

Safety is of paramount importance. Loss of human life is too heavy a price to pay

– Suresh Prabhu, Railway Minister

12:55 PM

Railways to engage private agencies in cleanliness drive. Waste-to-energy conversion plants to be set up. AtoZ Infra Engineering rallies 10.35% and Sintex Industries gains 3.49%

12:55 PM

Railway Minister Suresh Prabhu announces Delhi-Kolkata, Delhi-Mumbai overnight journey trains

12:55 PM

All India 24-7 helpline number will become operational: Suresh Prabhu

12:54 PM

Transformation of Railways offers great opportunity for Make In India initiative, says Railway Minister Suresh Prabhu

Transformation of Railways offers great opportunity for Make In India initiative, says Railway Minister Suresh Prabhu
12:54 PM

9 hi-speed corridors, high speed trains to be introduced: Prabhu

12:53 PM
12:53 PM

Private freight terminals reviewing of WLS, SFTO, PFT schemes under process; automatic freight rebate system launched and to be expanded: Prabhu

12:53 PM

To integrate banking system with our multilingual web portal

– Suresh Prabhu, Railway Minister

12:53 PM

State of the art perishable cargo center under completion for farmers: Prabhu

12:52 PM

1330% increase in railway electrification over previous year: Prabhu

12:52 PM

Rail Budget 2015: Railway to move to paperless ticketing, to introduce hand held device for TTEs

12:52 PM

Government to give major thrust to Railway connectivity to North East and J&K: Prabhu

12:51 PM
12:51 PM

Wagon makers under pressure on profit booking. Kalindee Rail falls 5.68%, Titagarh Wagons down 1.50% and Texmaco Rail Engineering cracks 5.64%.

12:51 PM

Railways to introduce WiFi in 400 stations: Prabhu

12:50 PM

Modern facilities for disabled citizens, senior citizens and patients to be introduced through IRCTC: Prabhu

12:50 PM

Fast track highest priority, investment 84% higher; 77 new projects. Estimated cost is over Rs. 96,000 Crore: Suresh Prabhu

12:49 PM

17000 more toilets to be replaced by bio-toilets: Suresh Prabhu

12:49 PM

More general class coaches to be introduced, ladders to be replaced in coaches: Prabhu

12:49 PM
12:49 PM

Sensex down 188 points: At 12:44 pm, the Sensex was at 28,819.80; down 188.19 points. Nifty was at 8,714.00; down 53.25 points.

12:48 PM

24 to 26 coaches to be introduced in certain trains: Prabhu

12:48 PM

We are introducing ‘Operation 5-minute’ to ensure ticketless passenger get regular ticket within five minute of entering station

– Suresh Prabhu

12:48 PM

National Institute of Design to design ladders for climbing to upper berth

– Suresh Prabhu, Railway Minister

12:47 PM

Railways is collaborating with NIFT and NID for better bed rolls, inner coach designs: Prabhu

12:47 PM
12:47 PM

Railways to introduce train sets saving 20% journey time within next 2 years: Prabhu

12:47 PM

Meghalaya has been included in the Railway map of India: Suresh Prabhu

12:46 PM

Rail minister cracks ‘Prabhu’ joke in Lok Sabha

12:46 PM

Stations to be redeveloped through simpler processes, monitoring cell to be constituted: Prabhu

12:46 PM

Railways to initiate SMS alert service to inform arrival &departure timings. To integrate banking system with our multilingual web portal: CMC declines 1% to day’s low of Rs 1,985.

Railways to initiate SMS alert service to inform arrival &departure timings. To integrate banking system with our multilingual web portal: CMC declines 1% to day’s low of Rs 1,985.
12:45 PM

Railways to introduce satellite railway terminals in major cities, 10 select stations: Prabhu

12:45 PM
12:44 PM

Prabhu requests MPs to use part of their MPLAD funds to improve facilities

12:44 PM

For betterment of stations,we propose revamp of station facilities & invite open bid from interested parties: Suresh Prabhu

12:44 PM

SMS alert service to be initiated to inform passengers about arrival & departure

– Suresh Prabhu, Railway Minister

12:43 PM

Suresh Prabhu: Train sets saving 20% journey time, similar to bullet trains to be introduced

Suresh Prabhu: Train sets saving 20% journey time, similar to bullet trains to be introduced
12:43 PM
12:43 PM

Prabhu: Rs 120 crore provided for lifts and escalators at stations to facilitate movements

12:42 PM

Prabhu: All newly manufactured coaches will now be Braille-enabled

12:42 PM

We will work on Swachh Railways and Swachh Bharat, says Suresh Prabhu

12:42 PM
12:41 PM

Railways allots 67% more funds for passenger amenities

12:41 PM

Railways plan to augment women passenger security via Nirbhaya Fund. Surveillance cameras on select mainline and ladies compartments will be installed. Zicom Electronic Securituty gains 7.11%.

12:40 PM

Prabhu: Station redevelopment of select stations to be processed through simpler processors for faster redevelopment

12:40 PM
12:40 PM

We will be increasing number of general coaches in identified trains for benefit of common man

– Suresh Prabhu, Railway Minister

12:40 PM

Prabhu: Passengers can select own food while booking tickets, experiment launched in 108 trains

12:40 PM

Rail cleaning will be outsourced, newly-manufactured coaches will be braille enabled to ease travelling for the blind: Suresh Prabhu

Rail cleaning will be outsourced, newly-manufactured coaches will be braille enabled to ease travelling for the blind: Suresh Prabhu
12:38 PM

Online booking of wheelchairs for senior citizen, patients and differently-abled people will be made available

– Suresh Prabhu, Railway Minister

12:38 PM
12:38 PM

Prabhu: Railways to introduce surveillance cameras on select mainline and ladies compartments

12:37 PM

Important to harness training of our employees: Suresh Prabhu

12:37 PM

Operation 5 Mins launched – a passenger travelling unreserved can purchase a ticket within 5 min with special devices: Prabhu

12:37 PM

Prabhu: We will be initiating an SMS alert service to inform passengers about arrival &departure of the trains

12:37 PM

Surveillance cameras on select mainline and ladies compartments: Suresh Prabhu

Surveillance cameras on select mainline and ladies compartments: Suresh Prabhu
12:36 PM

Railways operating ratio

Railways operating ratio
12:36 PM
12:36 PM

Prabhu: Onboard entertainment on some Shatabdi trains to be introduced

12:34 PM

Prabhu: Unreserved ticket purchase made simpler through smart phones; debit cards

12:34 PM

Railways would utilize the Nirbhaya fund for augmenting safer travel for women: Prabhu

12:34 PM

Prabhu: E-catering introduced in 108 trains on an experimental basis. Working to integrate best food chains

12:33 PM

Railway Minister aims 20% increase in track lines to 138,000 kms: Kalindee Rail down 2%, CIMMCO up 0.65%

12:33 PM

Suresh Prabhu launches all-India 24X7 helpline – 138, to be effective from March 1

Suresh Prabhu launches all-India 24X7 helpline - 138, to be effective from March 1
12:32 PM

Prabhu: 17000 more toilets to be replaced by bio-toilets

12:31 PM
12:31 PM

We must restore the strength of Indian Railways as the backbone of India: Prabhu

12:31 PM
12:31 PM

Prabhu: Railways will introduce all India 24X7 helpline 138 from 1/3/15; Toll free No.182 for security complaints

12:30 PM

Titagarh Wagons, Texmaco Rail, Gateway Distriparks, Stone India, Kalindee Rail Nirman in red on profit booking

12:30 PM
12:28 PM

Prabhu: Must run fast trains like Rajdhani and Shatabdi

12:28 PM
12:28 PM

Suresh Prabhu presents Rail Budget 2015

12:28 PM

Prabhu: Railways may substantially regain freight market share

12:27 PM

Railways plan to raise annual freight capacity to 1.5 billion tonne from 1.0 billion tonne. Container Corporation of India is up 1.05% and Gateway Distriparks down 0.78%.

12:27 PM

Prabhu: No increase in Rail fares

12:26 PM

Prabhu: Railways has to keep tighter control on costs

12:26 PM

Rail Budget 2015: Investment in railways will create more jobs, says Prabhu

12:26 PM

Not to hike passenger fares

– Suresh Prabhu

12:26 PM

Prabhu: To invest Rs 8.5 lakh crores over 5 years in Railways

12:26 PM

Suresh Prabhu: I won’t be increasing the passenger fares

Suresh Prabhu: I won't be increasing the passenger fares
12:26 PM

To invest Rs 8.5 lk crores over 5 years in Railways: Suresh Prabhu

12:25 PM

It is important to harness the talent of our rail employees through training and development

– Suresh Prabhu, Railway Minister

12:25 PM

Prabhu: Indian Railways will continue to serve common man, people of India will own Railways

12:24 PM

Prabhu: Operating ratio proposed at 88.5%. Best ever in 9 years

12:24 PM

Transforming Railways will require us to partner with key stakeholders. We will work close with the states: Suresh Prabhu

Transforming Railways will require us to partner with key stakeholders. We will work close with the states: Suresh Prabhu
12:24 PM

Prabhu: Railways has set four goals. Goal 1-Customer experience to receive a huge boost, Goal 2 – Safer Travel Goal 3 -Modernize infrastructure; Goal 4- Financially self-sustainable

12:23 PM

Suresh Prabhu: Railways will continue to be a national asset. People of India will always own the railways

12:22 PM
12:22 PM

I am convinced we can deliver. We have fixed goals for ourselves

– Suresh Prabhu, Railway Minister

12:22 PM
12:21 PM

Prabhu: Good governance emerges out of participative governance – people’s involvement very high with railways

12:20 PM

Suresh Prabhu recalls Mahatma Gandhi’s love for railway

12:20 PM

The Nifty was at 8741.90, down 25.35 points or 0.29 per cent.

12:19 PM

The S&P Sensex at fresh intraday low as Suresh Prabhu begins his maiden speech. The Index is at 28877.87, down 130.12 points or 0.45 per cent.

12:19 PM
12:18 PM
12:18 PM
12:17 PM

Prabhu: Connected directly with people on social media, 20,000 suggestions were received

12:17 PM

Railway Minister Suresh Prabhu: We have prepared a forward-looking agenda

12:17 PM

Good governance emerges out of a participative government

– Suresh Prabhu, Railway Minister

12:17 PM

Prabhu: We must restore the strength of Indian Railways as the backbone of India

12:16 PM

Railway Minister Suresh Prabhu: Under-investment has led to poor development of Indian Railways

Railway Minister Suresh Prabhu: Under-investment has led to poor development of Indian Railways
12:16 PM

Suresh Prabhu: In next 5 years, our aim is to increase existing capacity for high density networks

12:15 PM

Investment in railways will create jobs. Investment in railways is necessary for environment sustainability

– Suresh Prabhu, Railway Minister

12:15 PM

Suresh Prabhu: 492 section of Railways running at a capacity of more than 100%; 228 running between 80-100%

12:14 PM

Suresh Prabhu: Investment in railways will create environment sustainability

12:14 PM

Suresh Prabhu: We are setting direction for a long and difficult road

Suresh Prabhu: We are setting direction for a long and difficult road
12:14 PM

Suresh Prabhu: Investment in railways will create more jobs

12:14 PM

Under-investment in Railways has led to congestion and over-utilization: Suresh Prabhu

Under-investment in Railways has led to congestion and over-utilization: Suresh Prabhu
12:13 PM

Railway is a unique integrator of India

– Suresh Prabhu, Railway Minister

12:13 PM

Suresh Prabhu: Railways plays a major role in India’s social and economic development

12:13 PM

Suresh Prabhu: Improvement of connectivity for all citizens a priority

12:12 PM

Suresh Prabhu: I wish to express my gratitude towards PM Narendra Modi to give me an opportunity to serve the people of India

12:12 PM

95% of our passengers are common people; We have to take care of their interests , priorities & grievances

– Suresh Prabhu, Rail Minister

12:12 PM

Suresh Prabhu: I wish to express my gratitude to PM Narendra Modi to give me an opportunity to serve the people of India

12:12 PM

The Railway Minister may take dispassionate view of railways finances: Mythili Bhusnurmath, Consulting Editor, ET NOW

12:11 PM

Railway Minister Suresh Prabhu begins the speech

12:10 PM

Rail Minister Suresh Prabhu begins the budget speech

12:09 PM

The budget will set the direction of long and difficult road of reform

– Suresh Prabhu, Rail Minister

12:08 PM
12:08 PM
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