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Thu, 26 February 2015
Live! Prabhu promises more investment in decrepit Railways

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13:16  
Railways to raise finances via SPVs, partnerships, says Suresh Prabhu
Suresh Prabhu: JV with major public sector companies for meeting requirements of new lines will be taken up
Prabhu: Government to revamp Station Redevelopment Policy and invite open bids from parties for station redevelopment
Allotment for passenger amenities hiked by 67%
"We will make cleanliness a major initiative. We will engage private agencies & set up waste-to-energy conversion plants," Prabhu said.
Prabhu: Plan size increased by 52%; 41.6% GBS; 17.8% internal generation
01:06 PM
Prabhu: Government to decentralise, deregulate and delegate to make freight business simpler
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13:15  
Simplex Infrastructure up 0.90% as Railway Minister announced 6,608 km electrification sanctioned for FY16
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13:06  
Private freight terminals reviewing of WLS, SFTO, PFT schemes under process; automatic freight rebate system launched and to be expanded: Prabhu
Railways to integrate banking system with our multilingual web portal
State of the art perishable cargo center under completion for farmers: Prabhu
1330% increase in railway electrification over previous year: Prabhu
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12:57  
More general class coaches to be introduced, ladders to be replaced in coaches
Fast track highest priority, investment 84% higher; 77 new projects. Estimated cost is over Rs. 96,000 Crore: Suresh Prabhu
Transformation of Railways offers great opportunity for Make In India initiative, says Railway Minister Suresh Prabhu
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12:53  
Wagon makers under pressure on profit booking. Kalindee Rail falls 5.68%, Titagarh Wagons down 1.50% and Texmaco Rail Engineering cracks 5.64%.
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12:50  
Rs 120 crore provided for lifts and escalators at stations to facilitate movements
Prabhu: Station redevelopment of select stations to be processed through simpler processors
We will be increasing number of general coaches in identified trains for benefit of common man
Prabhu: Passengers can select own food while booking tickets, experiment launched in 108 trains
Rail cleaning will be outsourced, newly-manufactured coaches will be braille enabled to ease travelling for the blind: Suresh
Online booking of wheelchairs for senior citizen, patients and differently-abled people will be made available
Prabhu: Railways to introduce surveillance cameras on select mainline and ladies compartments
Important to harness training of our employees: Suresh Prabhu
Prabhu: We will be initiating an SMS alert service to inform passengers about arrival &departure of the trains
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12:42  
Railway Minister Suresh Prabhu also announced the move towards paperless ticketing.  
Passengers will now be able to book food options from IRCTC website.
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12:40  
Important to harness training of our employees: Suresh Prabhu
Operation 5 Mins launched - a passenger travelling unreserved can purchase a ticket within 5 min with special devices: Prabhu
Prabhu: We will be initiating an SMS alert service to inform passengers about arrival &departure of the trains
Surveillance cameras on select mainline and ladies compartments: Suresh Prabhu
Prabhu: Onboard entertainment on some Shatabdi trains to be introduced
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12:37   ... to be effective from March 1
17000 more toilets to be replaced by bio-toilets
Railway Minister aims 20% increase in track lines to 138,000 kms: Kalindee Rail down 2%, CIMMCO up 0.65%
E-catering introduced in 108 trains on an experimental basis. Working to integrate best food chains
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12:33  
Titagarh Wagons, Texmaco Rail, Gateway Distriparks, Stone India, Kalindee Rail Nirman in red on profit booking
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12:32  
Must run fast trains like Rajdhani and Shatabdi
Suresh Prabhu outlines 4-point goal for Indian Railways
Prabhu: Railways may substantially regain freight market share
Railways plan to raise annual freight capacity to 1.5 billion tonne from 1.0 billion tonne. Container Corporation of India is up 1.05% and Gateway Distriparks down 0.78%.
Prabhu: Railways has to keep tighter control on costs
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12:27  
Good governance emerges out of participative governance people's involvement very high with railways
Suresh Prabhu recalls Mahatma Gandhis love for railway
We must restore the strength of Bharatiya Railway as the backbone of India
Prabhu: Connected directly with people on social media, 20,000 suggestions were received
Railway Minister Suresh Prabhu: We have prepared a forward-looking agenda
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12:26  
In next 5 years, our aim is to increase existing capacity for high density networks
Investment in railways will create jobs. Investment in railways is necessary for environment sustainability
492 section of Railways running at a capacity of more than 100%; 228 running between 80-100%
Investment in railways will create environment sustainability. Prabhu
Suresh Prabhu: We are setting direction for a long and difficult road
Under-investment in Railways has led to congestion and over-utilization: Suresh Prabhu
Railway is a unique integrator of India
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12:21  
Under-investment in Railways has led to congestion and over-utilization: Suresh Prabhu
Railway is a unique integrator of India
Railways plays a major role in India's social and economic development
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12:18  
Railway Minister Suiresh Prabhu to interact with people via Talkathon today 5.15PM. Ask Questions on twitter with hashtag  #AskMR. Live on inbministry YouTube channelnwws
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12:17  
Sensex down 70 pts, Nifty down 23 pts.
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12:15  
I wish to express my gratitude towards PM Narendra Modi to give me an opportunity to serve the people of India
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12:10  
Government should come up with more projects on PPP models.
Budgets have come and budgets have gone but clean loos in trains have still not become a reality, Rashi Kakkar via Twitter.
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12:04  
Delhi to Agra in 90 mins: 'Semi-bullet train' sets speed record.
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12:04  
Less than 10 minutes to go for Suresh Prabhu to present his maiden Railway Budget
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11:55  
Rail stocks make smart recovery; Sensex in red; rupee gains vs dollar.
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11:40  
It operates close to 19,000 trains, transports around 23 million passengers, and about 2.65 MT of freighttraffic in a day.
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11:38  
It has an annual turnover of over Rs 1.4 lakh crore.
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11:37  
Indian Railways is the 4th largest network in the world.
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11:33  
Rail stocks remain mixed.
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11:24  
Hike freight volume; lower operating ratio: Ex-Rail Board head.
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11:12  
S&P raises India's GDP forecast to 7.9% in FY16, and 8.2% in FY17. The figures are based on the new method of calculation.
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11:09   9 rail stocks which have more than doubled in the last one year
It's been a smooth running for rail stocks, which have been on an uptrend in the last one year on hopes of big- ticket reforms.
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11:02   Markets trade weak ahead of Rail Budget
Rail-related stocks are trading mixed on BSE in early morning trade, ahead of the Railway Budget today.
Titagarh Wagons, Hind Rectifiers, Cimmco and Container Corporation are trading higher between 1-5%, while Kernex Microsystems, Texmaco Rail and Engineering, Stone India and Kalindee Rail Nirman down 1-4% on the Bombay Stock Exchange (BSE).
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10:57  
Safety and cleanliness are the major demands of the commuters.
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10:55  
Suresh Prabhu to unveil plans for raising resources in Rail Budget.
Passenger services breakeven must, says ex-rail board member.
Focus on resurrection of Railways, ICICIdirect to the minister.
Prabhu needs to look for ways to raise fundsRailways may see financial growth boosted by freight: MOS.
Fare hike unlikely; stress on Make in India & cleanliness.
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10:37  
Common man will be given prime importance; the Rail Budget will be as per their expectations, Manoj Sinha, MoS Railways.
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10:27   Prabhu unlikely to hike fares
If Indian Railways does not function the way it should, basic integrity of country would be at question: Dinesh Trivedi to ANI.
Will Rail Minister Suresh Prabhu's budget bring innovative measures to bring the ailing Indian Railways out of the financial mess?
Railway Minister may develop innovative methods for financing, L&T.Rail Budget documents are brought to the Parliament.

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