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HindustanTimes Sat,20 Dec 2014

Rail Budget 2014

Mr Gowda, you are on the right track

The NDA government’s maiden railway budget is a realistic assessment of how the railways need to morph in a competitive environment; some of that sobering analysis finds place in Sadananda Gowda’s budget speech for 2014-15.

High-speed trains are budget highlight

Prime Minister Narendra Modi’s government said on Tuesday that it will launch the country’s first bullet-train on the Ahmedabad-Mumbai route and a network of high-speed trains connecting major cities.

No extra funds for Delhi stations, but improved amenities on cards

Though the railway minister’s budget speech, unlike previous years, did not mention any monetary allocations, train passengers in the Capital can look forward to improved amenities and a world-class station.

Infotech, innovation to drive ‘futuristic’ makeover

A lab to study accidents and evaluate safety, digital passenger charts and solar-powered stations are among a handful of innovations the railways is looking at for a “futuristic” makeover.

Religious tourism gets boost in Modi government’s first budget

The maiden budget of the Narendra Modi-led NDA government on Tuesday announced special pilgrimage and ecotourism services to boost growth and encourage private participation in the tourism sector.

Trinamool-BJP in ugly House spat, Congress ruckus outside Gowda home

Trinamool Congress (TMC) leaders nearly came to blows with BJP leaders in the Lok Sabha on Tuesday. The  members of West Bengal claimed the railway budget ‘neglected’ their state and the ugly spat almost turned into a scuffle before the House was adjourned.

Budget gets Modi stamp, but Opposition asks where are acche din

When minister DV Sadananda Gowda stood up in the Lok Sabha to present his maiden railway budget, Prime Minister Narendra Modi’s stamp was hard to miss.

Next stop: WiFi, swanky stations, safe food and water

The Modi government’s first rail budget aims to make train stations look like slick airports equipped with a host of modern facilities for the network’s 23 million daily passengers.

Railway budget will take India's growth to new heights: PM Modi

Hailing the Railway Budget as 'futuristic and growth-oriented', PM Narendra Modi on Tuesday said it marks launch of the process of taking India's growth to new heights besides helping provide greater services and safety to the people.

It’s a mixed bag, still a populist rail budget

Ihe silver lining in rail budget has been Gowda allocating most of the capital budget funds in 2014-15 for capacity build-up or for strategic lines. He has also refrained from announcing any new populist project on socially desirable grounds, as was the norm with some of his predecessors.

Rail budget satisfactory, will benefit industry

Today, the contribution of Indian railways is around 1.2% of the GDP and all stakeholders envisage that by 2020, it should reach about 3%. This will help sustainable economic development in the country at a level that was very recently the pride of India.

Railway-related companies' stocks dip post Railway Budget

 Shares of railway-related companies, many of which had hit fresh highs ahead of the Railway Budget, derailed after the actual Budget announcement as investors booked profits and there was disappointment over the lack of specifics on several issues.

Gowda’s railway budget: India gets off the gravy train

No grandiose mega projects, no train loads of goodies, nor even a long list of new trains to please voters – Gowda has managed to buck the trend of populism that has for long been the hallmark of railway budgets in India. Full budget speech | 58 new trains, FDI in Gowda's rail budget

Rail budget: Transport body for NE to be set up soon

Keeping its promise of ensuring development in the North-East, the government may announce the setting up of a North-East Road Transport Corporation with an initial corpus of Rs. 200 crore in the forthcoming budget.

Rail budget: which state got what

The first rail budget of the Modi government was marked by its focus on the NorthIndian states and Prime Minister's home state Gujarat. The assembly poll-bound Maharashtra, that also elected 42 out of its 48 MPs for the NDA, got a slew of projects.
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