Rail Budget 2012

Mukul Roy announces partial rollback in rail fare hike

Roy announced rollback in rail fare hike in Sleeper class, AC Chair car, Sub-Urban and 3rd AC while fares in 1st and 2nd AC will remain unchanged.

Mar 22, 2012, 10:44 AM IST

Govt confident of smooth sailing for rail, general budget

Rejecting the opposition charge that it has lost the number after the Railway Minister Dinesh Trivedi issue, government Thursday expressed the confidence of a smooth passage of the motion of thanks to the President's address as also the rail budget and general budget.

Mar 16, 2012, 00:13 AM IST

Trivedi would have consulted PM for sure: Sharad

Sharad Yadav on Thursday said Railway Minister Dinesh Trivedi could not have presented his maiden budget without consulting PM Manmohan Singh.

Mar 15, 2012, 14:13 PM IST

Omar supports Trivedi on hike in rail fares

Jammu and Kashmir Chief Minister Omar Abdullah, who supported the hike in railway fares, Thursday said he would not mind being sacked for doing the right thing.

Mar 15, 2012, 13:09 PM IST

Railway stocks extend losses on profit-booking

Stocks of companies in the railways business continued to decline and fell by up to 6 percent on bourses after Wednesday's Rail Budget, which did not provide them any major direct benefits.

Mar 15, 2012, 11:23 AM IST

Railways approves 17 projects to ensure smooth input movement

The Railways Wednesday sanctioned 17 projects and identified 28 more to ensure connectivity for facilitating smooth movement of raw materials from mines to ports (first and last mile).

Mar 14, 2012, 23:44 PM IST

Lalu Prasad slams rail fare hike

Criticising the hike in passenger
fare, former Railway Minister Lalu Prasad Yadav said it will put a burden on common people.

Mar 14, 2012, 21:24 PM IST

Passenger fare hike had become necessary: Railway Board

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.

Mar 14, 2012, 20:53 PM IST

Cong backs hike in rail fares

Congress backed the hike in rail fares in the railway budget saying it was "very minor" and necessary in view of the increase in fuel prices.

Mar 14, 2012, 19:37 PM IST

Left says Rail Budget a ‘fraud on the people’

Left parties said Railway Minister Dinesh Trivedi`s announcements of completing the pending projects showed "gimmicks and a fraud" on the people.

Mar 14, 2012, 19:33 PM IST

Montek hails Railways move to create tariff body

Plan panel Deputy Chairman Montek Singh Ahluwalia Wednesday welcomed the initiative to set up a Rail Tariff Regulatory Authority for rationalising fare and freight rates, in the Railway budget.

Mar 14, 2012, 19:18 PM IST

Trivedi for linking fares with fuel costs

Railway Minister Dinesh Trivedi after raising passenger fares for the first time in eight years, wants to link the fares to the cost of fuel -increasing or decreasing with changes in fuel rates.

Mar 14, 2012, 18:44 PM IST

Mumbai, Chennai, Kolkata to get additional rail services

In good news for people who use local trains in Mumbai, Chennai and Kolkata, Railway Minister Dinesh Trivedi Wednesday announced 137 additional services in sub-urban train network.

Mar 14, 2012, 18:20 PM IST

Won’t allow hike in passenger fares: Mamata

Expressing her anguish over the unexpected hike in passenger fares announced in Rail Budget 2012-13 by Railway Minister Dinesh Trivedi, Trinamool Congress (TMC) president Mamata Banerjee on Wednesday said she is not in favour of the hike.

Mar 14, 2012, 18:18 PM IST

Trivedi refuses to toe Mamata-Lalu line

Railway Minister Dinesh Trivedi's maiden budget presentation in the Lok Sabha Wednesday was comparatively low-key to those by his predecessors Mamata Banerjee and Lalu Prasad with fewer quips, jibes, jeers and interventions during his speech.

Mar 14, 2012, 18:17 PM IST

Stage Managed or Rift Within

How does one read the open fight between Trinamool and its Rail Minister?

Mar 14, 2012, 18:07 PM IST

Stage Managed or Rift Within

How does one read the open fight between Trinamool and its Rail Minister?

Mar 14, 2012, 18:07 PM IST

Won't allow hike in rail fares: Mamata

West Bengal Chief Minister and TMC boss Mamata Banerjee declared Wednesday that she will not allow any hike in railway fares proposed in the Railway Budget by her own nominee Dinesh Trivedi, the Railway Minister.

Mar 14, 2012, 17:52 PM IST

Certain positive developments in Railway Budget: Pranab

Hailing the Railway Budget for "certain positive developments", Finance Minister Pranab Mukherjee today if the exercise succeeded in cutting operating costs, it would be a major improvement.

Mar 14, 2012, 17:26 PM IST

Trivedi justifies fare hike; says it's in interest of railways

Unfazed by the attack on him by his own party for raising rail fares, Railway Minister Dinesh Trivedi Wednesday justified the move saying it was a "conscious decision" in the best interest of the Railways.

Mar 14, 2012, 17:22 PM IST