Revive public investment to improve investment climate: Economic Survey 2014–15
Posted Date : 27-Feb-2015 , 09:30:31 pm | Posted By CASANSAAR
To improve the investment climate and reduce the backlog of stalled projects, Economic Survey 2014 – 15, tabled by the Union Finance Minister Shri Arun Jaitley in the Parliament today, argues for a three-pronged strategy: 1. The Survey recommends revival of public investment in short term...
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Rail Budget 2015: No Increase in Passenger Fares, No New Trains Announced
Posted Date : 26-Feb-2015 , 02:43:43 pm | Posted By CASANSAAR
Railway Minister Suresh Prabhu played safe in his maiden Budget refusing to take the populist route of announcing a large number of new trains but also failed to take measures to increase the earnings of the public transporter by not increasing the passenger fare.
With no major announcement...
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Railways to undertake systematic human resource Audit
Posted Date : 26-Feb-2015 , 02:22:23 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that a systematic Human Resource Audit would be undertaken to prepare the workforce of Indian Railways for the future and for enhancing organizational performance . Presenting the Railway Budget for 2015-16 in Parliament today he ...
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Nine Major Thrust Areas in the Railway Budget 2015-16
Posted Date : 26-Feb-2015 , 02:19:42 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2015-16 in Parliament today has said that there are nine thrust areas in this Budget which are as follows:
1. Indian Railways to become prime mover of economy once ag...
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Size of Plan Budget of Railways up by 52%
Posted Date : 26-Feb-2015 , 02:18:52 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that the size of the Plan Budget has gone up by 52% from Rs. 65,798 crore in 2014- 15 to Rs. 1,00,011 crore in 2015-16. Support from the Central Government constitutes 41.6% of the total Plan Budget and Internal generation 17.8 %....
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24x7 Helpline Number 138 to Redress Problems of Passengers
Posted Date : 26-Feb-2015 , 02:17:08 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that an all - India helpline number, 138, will become functional to attend to the problems of passengers on a real time basis. Presenting the Railway Budget 2015-16 in Parliament today Shri Prabhu said, passengers will be able to call up...
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‘Operation Five Minutes’ to ensure Speedy Purchase of Tickets for Unreserved Class Passengers
Posted Date : 26-Feb-2015 , 02:14:41 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that ensuring higher standards of cleanliness is of utmost priority for Indian Railways. He said, his Ministry wants to make Swachh Rail the driving force behind the Government’s flagship programme ‘Swachh Bharat Abhiyan&rsqu...
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Railways to Work on ‘Swachh Rail - Swachh Bharat’
Posted Date : 26-Feb-2015 , 02:14:05 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that ensuring higher standards of cleanliness is of utmost priority for Indian Railways. He said, his Ministry wants to make Swachh Rail the driving force behind the Government’s flagship programme ‘Swachh Bharat Abhiyan&rsqu...
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Finance Ministry to Provide Budgetary Support of Rs 40,000 Crore for the Railway’s Annual Plan
Posted Date : 26-Feb-2015 , 02:13:29 pm | Posted By CASANSAAR
The Railway Minister has said that the Ministry of Finance has communicated a Gross Budgetary Support of Rs. 40,000 crore for the Railway’s annual Plan. Presenting the Railway Budget 2015-16 in Parliament today Railway Minister Shri Suresh Prabhakar Prabhu said Rs. 1,645.60 crore has also been...
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Foreign Rail Technology Co-Operation Scheme Proposed to be Launched
Posted Date : 26-Feb-2015 , 02:12:20 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced the proposal to launch “Foreign Rail Technology Cooperation Scheme” in order to achieve the higher quality service for our nation. Presenting the Railway Budget for 2015-16 in Parliament today he said that Technology i...
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Train Protection Warning System & Train Collision Avoidance System on Select Routes
Posted Date : 26-Feb-2015 , 02:11:27 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that Railways proposes to install Train Protection Warning System and Train Collision Avoidance System on select routes at the earliest. Presenting the Railway Budget for 2015-16 in Parliament today, he informed the members that t...
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Railways Intends to set up an Innovation Council Called “Kayakalp” for Purpose of Business Re-Engineering
Posted Date : 26-Feb-2015 , 02:10:44 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced the Railways intends to set up an innovation council called “Kayakalp” for the purpose of business re-engineering and introducing a spirit of innovation in Railways in accordance with the vision of Hon’ble Prime ...
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Financial Performance of Railways during 2014-15
Posted Date : 26-Feb-2015 , 02:09:49 pm | Posted By CASANSAAR
Railway Minister Shri Suresh Prabhkar Prabhu has said that the passenger earnings which were budgeted to increase by 22.2% have been scaled down to 17.7% keeping in view the persistent negative growth trend, particularly in non suburban non-PRS segment of travel. Presenting the Railway Budget 2015-1...
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SMS Alert Service for Arrival/Departure Time of Trains
Posted Date : 26-Feb-2015 , 02:09:02 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that it is proposed to introduce an “SMS Alert” service to inform passengers in advance the updated arrival/departure time of trains at starting or destination stations. Similarly SMS alert would be sent 15/30 minutes in adva...
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Railways to Integrate Best Food Chains for E-Catering
Posted Date : 26-Feb-2015 , 02:08:23 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that to provide freedom to passengers to select their meals from an array of choices including local cuisine, e-catering has been introduced in 108 trains on an experimental basis from January this year. Food can be ordered through the I...
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Mobile Phone Charging Facilities to be Provided in General Class Coaches
Posted Date : 26-Feb-2015 , 02:07:44 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that Indian Railways’ Delhi Division is taking up a project for introducing on-board entertainment on select Shatabdi trains on license fee basis. He said,depending on the response, the facility will be extended on all Shatabdi tra...
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Railway Minister Outlines Four Goals for Transforming Indian Railways over next Five Years
Posted Date : 26-Feb-2015 , 01:33:26 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has outlined four goals for Indian Railways to transform it over the next five years. These goals are:
a) To deliver a sustained and measurable improvement in customer experience, the Indian Railways is launching initiatives that will sy...
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Railway Minister Spells Out Five Point Execution Strategy for Transforming Indian Railways
Posted Date : 26-Feb-2015 , 01:32:27 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2015-16 in Parliament today has said that the goals of transforming Indian Railways will be achieved with a five point execution strategy. These are:
a) Adopting a medium-term perspective:
Budget...
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Rail Budget 2015 - Live Updates
Posted Date : 26-Feb-2015 , 01:20:59 pm | Posted By CASANSAAR
FOR all Live Updates on Rail Budget just refresh it or press F5. - PRABHU KI RAIL....
Suresh Prabhu has ended his Rail Budget speech.
Review being done so that we can introduce new trains. It will be done in this budget session itself.
New trains and increased frequency wi...
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First time Rail Budget by a Chartered Accountant (Railway Minister Suresh Prabhu) - Good Luck
Posted Date : 26-Feb-2015 , 10:17:16 am | Posted By CASANSAAR
Proud Moment for CA Fraternity, Our Professional Colleague who is a Railway Minister in Union Govt of India is going to present his first Rail Budget.
Wishing Good Luck to CA Suresh Prabhu by team & members of CASANSAAR.
With the aim of clearing the financial and adm...
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14th Finance Commission (FFC) Report Tabled in Parliament
Posted Date : 25-Feb-2015 , 08:30:45 am | Posted By CASANSAAR
14th Finance Commission (FFC) Report Tabled in Parliament; FFC Recommends by Majority Decision that the States’ Share in the Net Proceeds of the Union Tax Revenues be Raised to 42% Which is a Huge Jump from the 32% Recommended by the 13th Finance Commission
Article 280 of ...
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Budget session of Parliament begins today
Posted Date : 23-Feb-2015 , 08:06:40 am | Posted By CASANSAAR
The budget session of Parliament is beginning today. The session will begin with President Pranab Mukherjee's address to members of both houses of Parliament. Meanwhile, the Government has sought cooperation from party leaders in both the Houses for smooth functioning of the session. Prime Mini...
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Printing of Budget 2015 document begins with 'Halwa' ceremony
Posted Date : 19-Feb-2015 , 05:34:02 pm | Posted By CASANSAAR
The process of printing documents for the Budget 2015-16 began today with the ritual 'halwa ceremony', which was attended by Finance Minister Arun Jaitley in the North Block office. It has been a tradition which has continued for long. As part of the ritual, 'halwa' is prepared in a big 'kadhai...
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Comments Invited on the Interim Report of Bankruptcy Law Reforms Committee by 20th February, 2015
Posted Date : 10-Feb-2015 , 08:43:14 pm | Posted By CASANSAAR
The Union Finance Minster Shri Arun Jaitley during his Budget Speech of 2014-15 announced that an entrepreneur friendly legal bankruptcy framework would be developed for SMEs to enable easy exit.
Pursuant to the above announ...
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FM for tax reforms and quick decisions to ensure stability
Posted Date : 28-Jan-2015 , 08:13:36 am | Posted By CASANSAAR
Ahead of the Budget, Finance Minister Arun Jaitley(pictured) on Tuesday underlined the need for tax reforms and quick decision-making to ensure stability in policy regime.
The minister also asked the Central Board of Excise and Customs (CBEC) officials to maintain a certain level of ...
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Govt will Present Union Budget on 28th February and Rail Budget on 26th February
Posted Date : 21-Jan-2015 , 03:25:45 pm | Posted By CASANSAAR
The Budget session of Parliament will begin on February 23 and the Narendra Modi government will present its first full-year Budget on Saturday, February 28.
The Budget session is held in two parts - Parliament will close for a recess on March 20 and will reconvene on April 20. The session ...
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Indian Railways invite suggestions from Public for forthcoming Railway Budget
Posted Date : 10-Jan-2015 , 01:53:28 pm | Posted By CASANSAAR
Railway Minister Suresh Prabhu has invited suggestions from the public to make the forthcoming Railway Budget citizen-oriented. The aim of such an engagement is to help Railways come closer to citizens and better understand challenges that they experience and ensure that most important areas fr...
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FM to begin Pre-Budget consultations from Jan 6
Posted Date : 16-Dec-2014 , 10:07:24 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley will hold pre-budget consultations with different stakeholders including trade unions, financial institutions and economists beginning January 6.
Jaitley, who would be presenting his second Budget in February end, will hold pre-budget discussions with industry ...
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Rajya Sabha clears Finance Bill 2014
Posted Date : 01-Aug-2014 , 08:01:19 am | Posted By CASANSAAR
Finance bill 2014 Final was presented by Finance Minister Shri Arun Jaitley on 10th July 2014. The bill got approval of Lok Sabha on25th July 2014 withsome amendments. Now Rajya Sabha has cleared the Finance Bill 2014 on 31st July 2014.
Finance Bill will comes into effect af...
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Jaitley presents Delhi's Budget for Rs 36,776 cr, no new taxes proposed
Posted Date : 18-Jul-2014 , 01:46:23 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley on Friday presented Delhi's Budget for Rs 36,776 crore in the Lok Sabha.
No new taxes have been proposed by the Finance Minister in the budget. Rs 260 crore has been provided for power subsidy in Delhi. Jaitley said that Rs 0.80-1.20 per unit subsidy will be pr...
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