Feb 12, 2016 at 22:22 | Source: PTI
Pointing out that Railways had suffered since many decades due to 'neglect' and 'dearth of investments', he said efforts now were to bring in more investments to rectify this.
Feb 06, 2016 at 13:16 | Source: CNBC-TV18
Sources tell CNBC-TV18, that the total revenue shortfall is likely to be below Rs 10,000 crore, despite corporate tax and disinvestment receipts expected to miss budget estimates by a wide margin.
Feb 04, 2016 at 22:26 | Source: Moneycontrol.com
The economic survey will be tabled on the February 25 followed by Railway Minister, Suresh Prabhu laying out the railway budget on February 26.
Feb 01, 2016 at 18:32 | Source: Moneycontrol.com
If the finance minister offers additional incentives to buy a property, there will be more demand for housing. There are many individuals who require some stimulus to buy a property in the form of tax incentives.
Feb 01, 2016 at 15:55 | Source: PTI
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry slashed it to Rs 28,000 crore, a decrease of Rs 12,000 crore in November last year citing low spending by Railways in the first six months of the current fiscal.
Jan 27, 2016 at 18:10 | Source: PTI
The JV companies will have 51 percent stake of the respective state governments and 49 percent stake of the railways.
Jan 24, 2016 at 13:55 | Source: PTI
Moody's has said India's credit profile will be unaffected by a small slippage in fiscal deficit target as it expects the government to continue fiscal consolidation and target lower deficits every year despite headwinds from global slowdown.
Jan 07, 2016 at 08:35 | Source: PTI
The committee requested railways to give top priority to Odisha and allot Rs 5000 crore towards ongoing railway projects, sanction of new lines, gauge conversion, doubling, dedicated industrial corridor, surveys, improvement of passenger amenities and introduction of new trains.
Jan 01, 2016 at 11:32 | Source: PTI
In a letter to Finance Minister Arun Jaitley, Railway Minister Suresh Prabhu cited the prevailing financial position of railways, efforts at cost cutting and possible gradual adjustment of fares and other non-tariff revenue measures to absorb the impact while requesting the exchequer's help for implementation of the Commission recommendations.
Dec 18, 2015 at 21:14 | Source: PTI
The CAG in its report said there was lack of consistency in prioritisation of projects and also there were several instances of under-utilisation of funds which had adverse impact on the physical progress of projects.