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Jan 04 2017 (07:09)  Union Budget to be presented on February 1 (www.thehindu.com)
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Rail Budget

News Entry# 290445     
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Posted by: rdb*^  124780 news posts
Departing from convention, the Union Budget will be presented in Parliament on February 1, a month earlier than the usual, and the Economic Survey will be tabled on January 31, the same day President Pranab Mukherjee addresses the joint Houses of Parliament.
Presided over by Home Minister Rajnath Singh, the Cabinet Committee on Parliamentary Affairs met on Tuesday morning, and recommended the decision to the President. The first part of the Budget session will run from January 31 to February 9. The Union Cabinet had earlier decided to end the practice of a separate Railway budget.
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sources in the government also said that Prime Minister Narendra Modi will hold an all-party meeting just before the session to discuss poll reforms.
“In his address to the nation on December 31, Mr. Modi had said that parties needed to shed the ‘holier than thou’ attitude when it came to poll reforms and understand the anger of the people with regard to poll funding,” a source said.
  
Jan 04 2017 (06:57)  CCPA recommends holding of Budget Session from Jan 31 (www.thehindu.com)
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Rail Budget

News Entry# 290436     
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Posted by: rdb*^  124780 news posts
The Cabinet Committee on Parliamentary Affairs Tuesday recommended holding of the Budget Session from January 31 when the Government is likely to table the Economy Survey followed by the Union Budget on February 1.
The CCPA, headed by Home Minister Rajnath Singh, met here and made these recommendations to President Pranab Mukherjee.
Parliamentary Affairs Minister Ananth Kumar and Law Minister Ravi Shankar Prasad also attended the meeting.
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a first, the Government has decided to present the Budget on February 1 instead of the last day of the month as part of an overhaul that would also scrap the practice of a separate railway budget.
The first part of the Budget Session will run till February 9.PTI
  
Jan 04 2017 (03:00)  Government May Present Union Budget On February 1, Amid High Hopes Of Tax Cuts (profit.ndtv.com)
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Rail Budget

News Entry# 290425     
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Posted by: My Lappy work as power bank for my phone in trips^~  155 news posts
Finance Minister Arun Jaitley is likely to present his third full-year Budget on February 1. The date has been advanced by three weeks to after a government decision taken last year.
The Union Budget from this year would also present the finances of the Indian Railways, which till last year used to be exercise under the railways minister.
The government's decision to advance the presentation of Union Budget came after experts' feedback that suggested that the move will allow earlier allocation of funds for government schemes and projects and will lead to better
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implementation on ground.
The earlier exercise of presenting the Budget on the last working day of February resulted in releasing of funds not before the month of May. This created a backlog of funds, delaying the implementation of government funded schemes.
This year's Budget is significant as it follows the grand decision of demonetisation of high value currency notes by the government in November 2016. The decision led to severe shortage of currency in the economy leading to squeeze in economic activity in the country. Most ratings agencies as well as banks have projected a decline in the GDP in the range of 1 -2 per cent in the coming quarters.
Economists as well as industry lobby groups have suggested a need for lowering of personal as well as corporate taxes to boost consumer demand in the economy, which suffered a jolt due to demonetisation.
Industry body CII in its recently issued recommendation for Budget 2017-18 called for reducing the corporate income tax rate to 18 per cent, including all surcharges and cess, along with removal of all tax incentives and concessions.
Currently, companies pay a corporate tax of around 30 per cent.
  
Jan 04 2017 (02:59)  Will budget session of Parliament be advanced? CCPA to meet today (indianexpress.com)
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Rail Budget

News Entry# 290424     
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Posted by: My Lappy work as power bank for my phone in trips^~  155 news posts
After a near-washout Winter Session, the Cabinet Committee on Parliamentary Affairs (CCPA) is scheduled to meet and finalise the date for the forthcoming Budget Session of Parliament, at 11 am on Tuesday. The Budget session is likely to be advanced and begin from January end, sources have told news agency ANI.
Almost no business was conducted in either House during the Winter Session with the Opposition staging protests over demonetisation almost every day resulting in constant disruptions in Parliament. The Rights of Persons with Disabilities Bill 2014, which was introduced in Rajya Sabha in 2014, was the only bill cleared by both Houses.
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year’s budget session will be the first after the merger of Railway Budget and the Union Budget. The 92-year-old practice of presenting a separate Rail Budget is going to end from the this fiscal, with the Finance Ministry accepting Railway Minister Suresh Prabhu’s proposal to merge it with the General Budget.
The Finance Ministry had constituted a five-member committee comprising senior officials of the ministry and the Indian Railways to work out the modalities for the merger. With this merger, Indian Railways is expected to rid of the annual dividend it has to pay for gross budgetary support from the government every year.
Finance Minister Arun Jaitley has indicated that railway travel may become pricier for passengers come the next financial year. Jaitley is also set to hold pre-budget consultation with states on January 4, after the meeting of the GST Council gets over.
  
Dec 26 2016 (11:35)  மன்னார்குடி–பட்டுக்கோட்டை அகல ரெயில்பாதை பணியை விரைந்து முடிக்க வேண்டும் வர்த்தக சங்க கூட்டத்தில் தீர்மானம் (www.dailythanthi.com)
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Rail BudgetSR/Southern  -  

News Entry# 289664     
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Dec 26 2016 (11:35AM)
Station Tag: Pattukottai/PKT added by emailconnect2hari/1069947

Dec 26 2016 (11:35AM)
Station Tag: Mannargudi/MQ added by emailconnect2hari/1069947

Posted by: emailconnect2hari  250 news posts
மன்னார்குடி,
மன்னார்குடி–பட்டுக்கோட்டை அகல ரெயில்பாதை பணியை விரைந்து முடிக்க வேண்டும் என்று வர்த்தக சங்க கூட்டத்தில் தீர்மானம் நிறைவேற்றப்பட்டது.
பொதுக்குழு கூட்டம்
மன்னார்குடியில் வர்த்தக சங்க பொதுக்குழு கூட்டம் நடைபெற்றது. கூட்டத்திற்கு முன்னாள் வர்த்தக தலைவர் ஞானசேகரன் தலைமை தாங்கினார். மாவட்ட வர்த்தக சங்க துணைத் தலைவர் சேதுராமன், மாநில மருந்து வணிகர்கள் சங்க தலைவர் சீனிவாசா ராமச்சந்திரன் ஆகியோர் முன்னிலை வகித்தனர். கூட்டத்தில் நிறைவேற்றப்பட்ட தீர்மானங்கள் விவரம் வருமாறு:–
ரெயில்
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சேவை
150 ஆண்டுகால மன்னார்குடி நகராட்சியினை திருவாரூர் மாவட்ட தலைநகராக தமிழக அரசு அறிவிக்க வேண்டும். வங்கி சுவைப் எந்திரத்தை அனைத்து வியாபாரிகளுக்கும் அரசு இலவசமாக வழங்கவேண்டும், மன்னார்குடி மாவட்ட தலைமை மருத்துவமனையில் எம்.ஆர்.ஐ. ஸ்கேன், சி.டி. ஸ்கேன் வசதி ஏற்படுத்தி தரவேண்டும். மன்னார்குடியில் இருந்து பெங்களூருக்கு ரெயில் சேவை தொடங்கிடவேண்டும். மன்னார்குடி–பட்டுக்கோட்டை அகல ரெயில்பாதை பணியினை விரைந்து முடிக்க வேண்டும் என்பன உள்ளிட்ட பல்வேறு தீர்மானங்கள் நிறைவேற்றப்பட்டன.
கூட்டத்தில் 2017–2018–ம் ஆண்டிற்கான புதிய நிர்வாகிகள் தேர்வு செய்யப்பட்டனர். தலைவராக கே.ஜே.ஆர்.பாரதிஜிவா, செயலாளராக ஆர்.வி.ஆனந்த், பொருளாளராக சங்கரசுப்பு, அமைப்பு செயலாளராக எஸ்.எம்.டி. கருணாநிதி உள்ளிட்ட நிர்வாகிகள் ஒருமனதாக தேர்தெடுக்கப்பட்டனர்.
  
Dec 24 2016 (05:48)  Track doubling work resumes (www.thehindu.com)
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Rail Budget

News Entry# 289481     
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Dec 24 2016 (5:48AM)
Station Tag: Tiruchchirappalli Junction/TPJ added by ❤Lets set each others lonely nights❤^~/1270085

Posted by: My Lappy work as power bank for my phone in trips^~  155 news posts
TIRUCHI: With the process of land acquisition nearing completion, track doubling of Manapparai- Dindigul section, which remained suspended for about 15 months, has resumed and is expected to be completed by the end of this financial year.
It is a major segment of the Villupuram - Dindigul segment of 273 km and the doubling of this stretch including construction of 58 major bridges and 500 minor bridges, was taken up by the Railway Vikas Nigam Limited at an estimate of Rs. 1,626.81 crore.
Work was completed for a cumulative length of 211 km,
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leaving a balance of 62 km at two stretches -- between Vaaladi and Tiruchi junction (20) and between Manapparai and Vadamadurai (42 km). Sources said that the work on the Vaaladi - Tiruchi junction stretch would be completed by January and the stretch between Manapparai and Dindigul would be completed by March next year. The problem due to land acquisition resulted in delay.
  
Dec 24 2016 (05:33)  Mumbai: Rs 45,000-crore suburban railway projects to be announced today (indianexpress.com)
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Rail BudgetWR/Western  -  

News Entry# 289477     
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Dec 24 2016 (5:33AM)
Station Tag: Mumbai Central/BCT added by ❤Lets set each others lonely nights❤^~/1270085

Dec 24 2016 (5:33AM)
Station Tag: Mumbai Chhatrapati Shivaji Terminus/CSTM added by ❤Lets set each others lonely nights❤^~/1270085

Posted by: My Lappy work as power bank for my phone in trips^~  155 news posts
THE BJP-led state government will sign a Memorandum of Understanding (MoU) with the railways concerning major railway projects expected to improve suburban commute to a great extent. The announcement of the MoU will be done during Prime Minister Narendra Modi’s visit to Mumbai on Saturday.
The MoU will call for a 50:50 partnership between the state government and the Railways for Virar-Vasai Road-Panvel suburban corridor (Rs 11,000 crore), elevated corridor between Chhatrapati Shivaji Terminus (CST)-Panvel (Rs.14,500 crore) and the Bandra -Virar elevated corridor (Rs.19,500 crores). The partnership will not only call for a cost-sharing between the two governments concerning projects but also call for better involvement for faster completion of the projects.
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is the first time that such an initiative is being taken wherein state government is signing an MoU with the railways concerning suburban railway projects. Through such a treaty, the state government manages to express being interested in involvement and faster completion of the projects,” said an expert concerned with infrastructure development.
However, railway officials said an MoU of this nature only called for division of work portfolio between the employees of the state and the railways . It also makes each individual organisation responsible for their part without having to wait for the approval of another party.
“Land acquisition and removal of encroachments have remained the major hindrances for any major infrastructure or railway project. We also have to wait till due work is carried by concerned state government official which delays project and escalates it cost. This understanding will likely resolve that conflict,” said a senior railway official.
“Better cooperation can be sought between the stakeholders when such an MoU is sought. It has also called for a joint venture by which special purpose vehicles can be designed concerning each project so that faster execution can be sought. The priority of this will only remain to ensure better completion of work, “ said a Mumbai Rail Vikas Corporation (MRVC) official.
The PM will also lay the foundation of three major projects of MUTP III — Virar-Dahanu Road quadrupling, Airoli-Kalwa elevated link and new Panvel-Karjat suburban corridor — on Saturday.
The total cost of all the projects to be announced on Saturday for development of suburban railway projects in Mumbai is Rs 45,000 crore.
47 closed-door rakes by next year
The railways will come up with 47 closed-door rakes for the suburban section. Officials said the vestibule rakes costing Rs 11,000 crore would be ready by next year, which would ensure more services and trips.
“We have not yet decided which wing of the Railways will run the rakes or whether these will be air-conditioned or not. They will be fitted with closed doors to prevent passengers from falling off running trains when they are crowded,” said a senior Western Railway official.
An allotment of almost Rs 30.6 crore was done in last year’s Railway Budget to have rakes with automatic closed-door system. A senior official, who did not wish to be named, said the order for new rakes was likely to be given to Bombardier. Western Railway (WR) already runs a few Bombardier rakes. Three coaches of one rake on WR and coaches of ten rakes on Central Railway are being retrofitted with an automatic door closing system.
  
Dec 23 2016 (14:38)  Palakkad Divn. proposal for new trains in the forthcoming Budget (digitalpaper.mathrubhumi.com)
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Rail BudgetSR/Southern  -  

News Entry# 289439   Blog Entry# 2101716     
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This is a new feature showing past edits to this News Post.

Posted by: 2625A MAQ PGT Link Mangala Express*^~  2 news posts
Palakkad:- Palakkad Railway Division has submitted its proposal for new trains to Southern Railway in the forthcoming budget. If approved, it would be included in the next railway TT. The major proposals are as below:-
1. Palakkad Jn- RMM Overnight Exp
PGT DEP 09.30 PM RMM ARR 05.30 AM
RMM DEP 08.00 PM PGT ARR 04.00 AM
2.Palakkad
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Jn- Palani Passenger
PGT DEP 07.00 AM PLNI ARR 09.30 AM
PLNI DEP 10.00 AM PGT 12.45 PM
PGT DEP 06.30 PM PLNI ARR 09.00 PM
PLNI DEP 10.00 PM PGT ARR 01.00 AM
3.Mangalore- TVC/NCJ Superdeluxe Exp
MAJN/MAQ DEP 07.00 PM
TVC ARR 05.30 AM

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616 views
Dec 28 2016 (17:40)
2625A MAQ PGT Link Mangala Express*^~   372 blog posts
Re# 2101716-25            Tags   Past Edits
Yes..since it was a small breifing, i didn't include the full story..
  
Dec 21 2016 (16:05)  Rail services must be paid for, says Arun Jaitley (timesofindia.indiatimes.com)
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Rail Budget

News Entry# 289308   Blog Entry# 2098796     
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Posted by: rdb*^  124780 news posts
HIGHLIGHTS
Govt had in September scrapped the 92-year old practice of presenting a separate railway budget.
Arun Jaitley said rail commuters must pay for the service they receive.
Jaitley said railways need to strengthen its performance and internal management system.
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DELHI: Weeks before he presents India's first combined general and railway budget+ , Finance Minister Arun Jaitley on Tuesday said rail commuters must pay for the service they receive even as he made a strong case for outsourcing of non-core functions like hospitality services.
He said year after year, the success of Railway Budget was measured by subsidising consumers and making populist announcements regarding trains.
"Railways got caught in a battle where populism prevailed over performance and the basic principle on which any commercial establishment is to be run, the first essential principle is that consumers must pay for the services that they receive," he said.
Speaking at a conference on Accounting Reforms in Railways organised by CII, Jaitley said unless the railways strengthen its performance and internal management system, they will lose out to competition from other sectors like highways and airlines in passenger and cargo transportation.
"The core competence of railways is really to drive trains, to provide those services. Hospitality may not be the core competence of the railways and therefore, what is not within its core competence, the principle of outsourcing -- which is accepted world over -- can be a logical addition to those activities of railways," Jaitley said.
Citing example of power and highway sectors which started doing well only after consumers paid for services they got, Jaitley said worldover, only those services have succeeded where there is a financial model which says that consumers pay for what they receive." (But)We turned this whole theory upside down by a self imposed indiscipline that populism requires that I require that consumers not to pay for service that they receive. Therefore any establishment will start crumbling in its own weight and contradictions," he said.
The government had in September scrapped the 92-year old practice of presenting a separate railway budget and decided to present a combined general and railway budget for 2017-18 on February 1, 2017.
Speaking at a conference on Accounting Reforms in Railways organised by CII, Jaitley said that the shift towards accrual system of accounting from cash system will better reflect its performance.
"Your accounting systems really must reveal more instead of concealing the reality. What is the kind of investment in infrastructure that is coming in, what is the kind of investment in railway safety, what is the kind of outcome of outlay that you have planned, I think those accounts must really reflect the reality," he said.

  
1644 views
Dec 21 2016 (16:21)
Kishor*^~   4484 blog posts   123 correct pred (62% accurate)
Re# 2098796-1            Tags   Past Edits
Sir you say : first essential principle is that consumers must pay for the services that they receive....
that is true ...
But which principle says that for half service 'RAC' you pay full
Which principle says that you pay more (Flexi Fare) for same services which others get....
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'elections' too will be decided in future like this principle ?
Or Legal system is run on this principle "first essential principle is that consumers must pay for the services that they receive"?

  
1531 views
Dec 21 2016 (17:22)
pawankumarsingh~   174 blog posts   1 correct pred (50% accurate)
Re# 2098796-2            Tags   Past Edits
finmin want to end subsidy,first of all all leader should leave all subsidies which they posses related to railway.
  
Dec 21 2016 (08:13)  Jaitley for outsourcing of railways’ non-core functions (www.thehindu.com)
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Rail Budget

News Entry# 289227   Blog Entry# 2098775     
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Posted by: rdb*^  124780 news posts
As the Railways plans to shift towards the accrual system of accounting from the cash system, the Finance Minister said the accounting reform will better reflect performance
Weeks before he presents India’s first combined general and railway budget, Finance Minister Arun Jaitley on Tuesday made a strong case for outsourcing of non-core functions like hospitality services of Indian Railways and pressed for a transparent accounting system.
He said that unless the railways strengthens its performance and internal management system, it will lose out to competition from other sectors like highways and airlines in
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both passenger and cargo transportation.
“The core competence of railways is to drive trains, to provide those services. Hospitality may not be its core competence and therefore, what is not within its core competence, the principle of outsourcing — which is accepted the world over — can be a logical addition to those activities of the railways,” Jaitley said.
As the Railways plan to shift towards the accrual system of accounting from the cash system, Jaitley said the accounting reform will better reflect performance.
“Your accounting systems must reveal more instead of concealing reality. What is the kind of investment in infrastructure, what is the kind of investment in railway safety, what is the kind of outcome of outlay that you have planned, I think those accounts must really reflect the reality,” he said.
The government had in September scrapped the 92-year-old practice of presenting a separate railway budget and decided to present a combined general and railway budget for 2017-18 on February 1, 2017.
Speaking at a conference on Accounting Reforms in the Railways organised by the CII, Jaitley said that year after year, the governments have indulged in populism and people listened to the Rail budget only to know about the number of new trains being announced.
“I’m glad that over the last two years, the railways ... is concentrating on improving its quality,” he said.PTI

  
576 views
Dec 21 2016 (16:03)
For Better Managed Indian Railways~   1856 blog posts
Re# 2098775-1            Tags   Past Edits
It has already started with small activities like station cleaning etc very successfully since many years. Need of the hour is to move ahead in a big way so that future avenues for betterment of IR opens up with experience and time.
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