Ushering in a new pricing regime through a transparent process, railway minister Mallikarjun Khrage on Wednesday announced in the interim rail budget constitution of an independent Rail Tariff Authority (RTA) to advise the government on fixing of fares and freight.
Giving importance to the role of information technology in rail operation, railway minister Mallikarjun Kharge on Wednesday spelt out a series of steps including SMS alert and online booking of meals in trains in the interim Rail Budget 2014-15.
Railway minister M Mallikarjun Kharge plans to hold out promises of a possible reduction in train fares while presenting the ministry’s vote on accounts in the Lok Sabha on Wednesday.
Anticipating healthier economic growth, the Railways has targeted a record Rs 1.6 lakh crore in revenue for the next financial year, while no increase has been proposed in passenger fares and freight rates.
Mobile e-ticketing, SMS alerts on train schedules, a new online ticketing system, free wifi, GPS-enabled passenger verification as Bansal turns away from Lalu's earthy solutions to technology to help passengers. Charu Sudan Kasturi reports.
In the first railway budget by a Congressman in 17 years, minister Pawan Kumar Bansal sought to walk a tightrope by combining political compulsions with fiscal prudence. Srinand Jha reports.
Railway Minister Pawan Kumar Bansal on Tuesday announced 106 new trains, including 67 express trains and 26 passenger trains, in the railway budget for 2013-14.
Highlights of the railway budget presented in the Lok Sabha Tuesday by Union railway minister Pawan Kumar Bansal.
Though the Railway Minister did not propose any increase in basic rail fares, the hike in reservation fees and supplementary charges will mean an increase of Rs. 5 to Rs. 25 in fares for all classes in superfast trains.