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Rail Budget 2013


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Budget 2013: Chidambaram nets big fish
Budgets presented in the run-up to elections, whether in the pre or post-reforms era, have tended to showcase how much the government is doing for the common man.

Union Budget 2013: Shockwaves on the Rich-ter scale, crorepatis clubbed with 10% surcharge blow
P Chidambaram decided to take a leaf out of the Warren Buffett rule book by whacking the wealthy with a rich tax, though he said it was only for the period of a year.

Union Budget 2013: Chidambaram has it covered for insurers
Insurance CEOs are excited about the proposals announced by the finance minister that make it easier to distribute policies.

Rail Budget 2013: Rail stocks tank on Bansal’s austerity

TNN | | Stocks of most companies having close business links with the Indian Railways fell sharply on Tuesday after railway minister Pawan Kumar Bansal presented a budget that was seen to be in line with the government’s current focus on austerity to contain the overall deficit.

Rail Budget 2013: Cargo may move from rail to road

TNN | | The fuel adjustment component (FAC) introduced for rail freight is likely to push up the transport charges by 5.8% and may result in traffic moving away from the state-run transporter to trucks as moving goods by road will get even more attractive.

Rail Budget 2013: Jaipur-Alwar train comes handy for daily commuters

TNN | | Those who daily hop on to long distance trains from Alwar, Rajgarh, Dausa and Bandikui and arrive in Jaipur for their jobs in government offices and private institutions, have got a new alternative.

Rail Budget 2013: Budget set to create 2,000 jobs in Uttar Pradesh

Neha Shukla | | The Railway Budget 2013-14 paves the way for employment generation in UP.

Rail Budget 2013: Companies see bigger PPP role in railway projects

Piyush Pandey | | The government’s proposal to increase freight by 5% in the rail budget is set to impact major industries like steel, cement, coal and may also lead to marginal increase in power prices. But at the same time it has sought to offer many new projects to the private sector under the public private participation (PPP) route, enthusing India Inc.

Rail Budget flashes green signal for Rae Bareli

TNN | | The Rail Budget 2013-14 seems to have done more good to Gandhis than the state itself. Sonia Gandhi’s parliamentary constituency of Rae Bareli has got maximum goodies from the railway minister’s kitty.

Rail Budget 2013: Mild impact on prices from rail freight hike

TNN | | he increase in rail freight rates across the board may have some short-term impact but is unlikely to put pressure on prices, analysts said.

Rail Budget 2013: Railways to hire 1.5 lakh workers

TNN | | The railways is going to push for fresh hiring of over 1.5 lakh employees to fill up past vacancies during the current financial year, in what many see as a pre-election move by the government to provide jobs.

Rail Budget 2013: Rail freight hike may see road transport growth

TNN | | The fuel adjustment component (FAC) introduced for rail freight is likely to push up the transport charges by 5%-8% and may result in traffic moving away from the state-run transporter to trucks as moving goods by road will get even more attractive.

Rail Budget 2013: Lucknow gets seven new trains

TNN | | The Rail Budget got a mixed reaction from railway passengers in UP cities. While, Lucknow and Varanasi found it favourable, passengers in Kanpur, Allahabad and Gorakhpur said it was below expectations.
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