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Indian Railways needs massive investment, says Prabhu

Indian Railways needs massive investment, says Prabhu

Railway Minister Suresh Prabhu on Tuesday said the need of the hour in the public transporter is massive investment and new technology without which Indian Railways will not go any further.

Rail Budget 2016: Key Highlights

Rail Budget 2016: Key Highlights

Know the key highlights of the Railway Budget 2016-17.

Rail Budget 2016: Suresh Prabhu likely to hike passenger fares by up to 10%

Rail Budget 2016: Suresh Prabhu likely to hike passenger fares by up to 10%

The proposal is being considered against the backdrop of a decline in both passenger and freight earnings and the additional burden of Rs 32,000 cr towards implementing the 7th pay commission recommendations.

Taal Thok Ke: Panel discussion on Prabhu's Rail Budget 2015

Presenting the first full-fledged Rail Budget of the Modi government for 2015-16, Railway Minister Suresh Prabhu spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.

Taal Thok Ke: Panel discussion on Prabhu's Rail Budget 2015- Part II

Presenting the first full-fledged Rail Budget of the Modi government for 2015-16, Railway Minister Suresh Prabhu spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.

2014 saw Prabhu's push to put Railways back on track

Reeling under cash and staff crunch, Railways saw reform-oriented Suresh Prabhu taking over charge of the ministry at the fag end of the year and seeking innovate ideas and futuristic vision to bail out the ailing PSU behemoth.

Railways to decide on possible passenger fare hike in October

A decision on possible hike in passenger fares will be taken by the Railways in October when it will review the fuel adjustment component (FAC) in the wake of rising fuel and energy cost.

Another rail fare hike soon?

Railway minister last October, had announced about 21% hike in passenger fares across-the-board last month.

Rail fare hike comes into effect; focus on safety, amenities

The fare hike is expected to mop up an additional Rs 6,600 crore annually for the government. This is the first increase in rail fares in a decade's time as the last was during Nitish Kumar's tenure as railway minister.

Plan panel favours Rail Tribunal over Ministry to fix passenger fares

In a move that would dilute the authority of Railways to fix passenger fares, a Planning Commission group has suggested giving the powers to decide tariffs to the Railways Rate Tribunal (RET), a quasi-judicial body which adjudicates freight disputes.