Cabinet approves merger of rail budget with general budget; advancement of budget presentation and merger of plan and non-plan classification in budget and accounts
“Initiating a large-scale significant exercise to identify and leverage pan-India advertising opportunities at railway stations and trains, Indian Railways has appointed EY as consultant to undertake this job on its behalf,” according to a statement from the Ministry on Tuesday.
NFIR reports that Bonus Act has been amended w.e.f. 01.10.4.2014 for calculation of Bonus rates to Rs. 7000/- p.m. However, the Railway Minster did not make any announcement for making payment of PL Bonus to Railway employees
AIRF has made a representation to the Hon’ble Finance Minister regarding the important aspects to be considered in General Budget 2016-17 such as provision of Rs.35,000 crore for implementation of 7th Pay Commission Report in the Railways,, Exemption of Railwaymen from NPS etc.
Railway Budget 2015-16 – Details as per Railway Ministry Press Release
Highlights of Railway Budget 2015-16
Highlights of Railway Budget 2014-15 Union Railway Minister D.V. Sadananda Gowda presented his maiden Railway Budget in Parliament on Tuesday. Here are the highlights of this Budget. No new increase in passenger fares and freight charges Bullet train in Mumbai-Ahmedabad sector Diamond quadrilateral for high speed trains Plan to hike speed of trains to 160-200 […]
Railway Budget 2013 – Fare related changes announced by Shri Pawan Kumar Bansal
67 new Express trains to be introduced 26 new passenger services, 8 DEMU services and 5 MEMU services to be introduced Run of 57 trains to be extended Frequency of 24 trains to be increased First AC EMU rake to be introduced on Mumbai suburban network in 2013-14 72 additional services to be introduced in […]