Daily Archives: February 25, 2016

Railways to Partner with State Govt for Operation of Tourist Circuit Trains

By | February 25, 2016

Railways to Partner with State Governments for Operation of Tourist Circuit Trains The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said that Tourism holds great potential for economic development and job creation. Indian Raileays will be partnering with the State Governments for operating tourist circuit trains… Read More »

Avataran -7 Mission of Railway for Transformation of Indian Rails

By | February 25, 2016

Transformation of Indian Railways through Avataran – seven Mission mode activities The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in the Parliament today has proposed to transform Indian Railways through seven Mission activities – Avataran. These missions are: Mission 25 Tonne – It aims to increase revenue by augmenting… Read More »

Railway to Start Time Tabled Freight Container/ Parcel Train

By | February 25, 2016

Time Tabled Freight Container /Parcel Train to be Started this Year The Minister of Railways Shri Suresh Prabhakar Prabhu proposed three solution sets for reversing the trend of declining modal share of freight trains – expanding the freight basket of Indian Railways, rationalising the tariff structure and building terminal capacity. The freight basket of Indian… Read More »

Railway Gross Traffic Receipts Kept at Rs 1,84,820 Crore in Rail Budget 2016

By | February 25, 2016

Gross Traffic Receipts have Been Kept at Rs 1,84,820 Crore Passenger Earnings Growth has been Pegged at 12.4%  Freight Traffic is Pegged at Incremental Traffic of 50 Million Tonnes  Goods Earnings Proposed at Rs 1,17,933 Crore  Rs 1,23,560 Crore is Proposed for Ordinary Working Expenses in be 2016-17  Pension Outgo has been Budgeted at Rs… Read More »

Railway Budget 2016 Key Highlights

By | February 25, 2016

Railway Budget 2016 Key Highlights 1:13 pm: Suresh Prabhu concludes his rail budget speech. 1:15 pm: No hike in railway fares. 1:10 pm: The companies owned by Railways to come under a holding company. 1:09 pm: Two dedicated freight corridors by 2019. 1:07 pm: I’m setting aside Rs. 50 crore for providing innovation grants to… Read More »

Rs.90 cr HUDCO loan for Andhra Pradesh Capital Region Development Authority

By | February 25, 2016

Rs.90 cr HUDCO loan for Andhra Pradesh Capital Region Development Authority 64,942 houses for urban poor in AP under old housing schemes HUDCO (Housing and Urban Development Corporation) has sanctioned a loan of Rs.90 cr to Andhra Pradesh Capital Region Development Authority (APCRDA). This was informed by Shri Babul Supriyo, Minister of State for Housing… Read More »

Govt Targets 100 lakh Soil samples under Soil Health Card Scheme

By | February 25, 2016

Agriculture and Farmers Welfare Minister stressed upon building network of soil testing laboratories Advised States to promote portable mini labs and position them at Block / Panchayat level Agriculture & Farmers Welfare Minister reviewed Soil Health Card Scheme Union Agriculture & Farmers Welfare Minister, Shri Radha Mohan Singh reviewed Soil Health Card Scheme with Secretaries… Read More »

India Approved 150 million usd to IRAN for Chabahar Port Development

By | February 25, 2016

Cabinet approves provision of Credit of 150 Million USD to Islamic Republic of Iran for Chabahar Port Development The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the proposal of the Ministry of Shipping for provision and operationalization of credit of 150 million USD from EXIM Bank for… Read More »

Establishment of Atal Innovation Mission in NITI Aayog

By | February 25, 2016

Establishment of Atal Innovation Mission and Self Employment and Talent Utilisation in NITI Aayog The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for establishment of Atal Innovation Mission (AIM) and Self Employment and Talent Utilisation (SETU) in NITI Aayog with appropriate manpower. Establishment of AIM and AIM Directorate… Read More »