"The airline has hiked its pilots' wages by up to 18 per cent in staggered manner with retrospective effect from 2010-11," sources close to the development said.
Former railway minister minister Mukul Roy today termed the across-the-board hike in train fares as 'anti-people' and effected by bypassing Parliament.
It was a tumultuous year for the railways as a cash-strapped ministry saw four ministers in quick succession resulting in indecision and delay in policy making process.
Faced with mounting deficit of over Rs 20,000 crore in the passenger segment, Railways is keen on raising passenger fares between 5-10 paise per km in the coming months to generate the revenue of about Rs 4,000 crore.
Dinesh Trivedi (Former Railway Minister) hailed as a hero by some people while others have said his grand standing has endangered the government.
Apart from the important announcements by the India’s Central Bank and the government, the assembly elections in Uttar Pradesh dominated the news for a large part of the previous fortnight, says Dilip Bang, Nirmal Bang.
Former Union Minister Dinesh Trivedi has claimed that Prime Minister Manmohan Singh would have been prepared to retain him as the Railway Minister, even at the cost of losing the TMC's support. The TMC leader was speaking to Karan Thapar on Devil's Advocate.
Under fire, the government again seems to have caved in to the Trinamool Congress (TMC) by agreeing to roll back the fare hikes proposed by former Railways Minister Dinesh Trivedi in his one and what largely looks like his only Railways Budget.
Newly elected Railway Minister Mukul Roy has once again underscored the weak position of the UPA government. Making changes in the Railway Budget, Roy has rollback of passenger fare hike in sleeper, sub-urban, AC chair car and AC 3-tier.
Trinamool Congress leader Mukul Roy was today elevated to cabinet rank to take over as Railway Minister replacing Dinesh Trivedi, who was forced to resign after Congress caved in to Mamata Banerjee's pressure.
Congratulating Dinesh Trivedi for presenting a good rail budget, Prime Minister Manmohan Singh on Monday regretted his resignation, indicating the complexities related in running a coalition government.
Dinesh Trivedi's resignation as railway minister has been accepted, Prime Minister Manmohan Singh told lawmakers in Parliament on Monday.
Dinesh Trivedi finally quit as Railway Minister on Sunday after speaking to Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee. Mukul Roy is likely to take over as the Railway Minister, but Finance Minister Pranab Mukherjee is likely to reply to the debate on the Railway Budget in Parliament.
Railway Minister Dinesh Trivedi, who is in the line of fire of Trinamool Congress, today turned down his party's directive to quit the post insisting that he wants it in writing from party chief Mamata Banerjee.