Budget 2013 News - Page 11

Rail Budget 2013 is practical, implementable: Chidambaram

Terming the Railway Budget for 2012-13 as "practical and implementable", Finance Minister P Chidambaram today said that his cabinet colleague Pawan Kumar Bansal has presented the finances of the railways in a very candid manner.

Is the govt facing a crisis on political consensus before Budget 2013?

Has the government reached out to the opposition on its seriousness on economic reforms so that there is political consensus before Budget 2013? No, said the opposition parties on a CNN-IBN panel discussion.

Rail Budget 2013: Bansal promises austere measures as losses mount

Committing to improving the financial health of the Railways, Bansal also highlighted his short-comings.

Rail Budget 2013: Bansal promises more ladies special locals, women RPF

Announcing the Rail Budget 2013 in Parliament, Railway Minister Pawan Kumar Bansal said women safety along with cleanliness and hygiene and amenities for passengers remain his top priority.

4 reasons why Rail Budget 2013 is deeply political

Unlike 1924 when revenue receipts of Railways amounted to a third of the total government receipts, today the Indian Railways is not the government's supreme revenue earner any more.

Rail Budget 2013 should allow an independent tariff authority

Railways is now dealing with different players like special purpose vehicles, private port operators, Container Corporation and IRCTC. A separate tariff authority will help the Railways streamline its dealings with these players.

Clean toilets and more: What travellers want from Rail Budget 2013

Cleaner toilets and platforms, a faster IRCTC website and standardisation of food are just some of the things a long-time railways traveler would like to see highlighted in the railway budget tomorrow.

Why the physically impaired need more from Rail Budget 2013

For the visually impaired people at Vangani station, which is on the Central Line of Mumbai Suburban Railway between Badlapur and Shelu, crossing railway tracks is something they are forced to do.

Nitish asks Bansal to complete pending rail projects in Bihar

Bihar Chief Minister Nitish Kumar put forth his wish list before Union Railway minister Pawan Kumar Bansal on Monday and asked him to make provision for completing various pending projects in Bihar.

Why Railway Budget 2013 is important for 1.2 bn Indians

While airports and airlines have a role to play in development, it’s the railways and the trains that move the people of India.

Rail Budget 2013: Expect new bullet trains, high-speed main lines

Railway Ministry may announce the launching of Bullet Trains and separate budget to lay down high-speed main lines. To lure young voters in the country as general election is knocking at the door, it may launch schemes, which would enhance the employment opportunities.

No super-rich taxes: FM to put investors before voters in Budget 2013

Aides to P. Chidambaram said the eloquent Harvard-educated lawyer finally convinced leaders of his Congress party that more profligate spending would make a sovereign rating downgrade to 'junk' status inevitable and could trigger an economic meltdown.

Budget 2013 wrap: Credit limit for low-cost housing likely to go up

According to CNBC-TV18, the credit limit is likely to go up from Rs 1 lakh to Rs 5 lakh with a five percent interest subsidy on a Rs 1 lakh low-cost housing loan.

Indian Railways: More than broad, metre and narrow gauges

When you travel between Duraundha and Maharajganj, do not worry about a pantry car.

Food bill: Why Budget 2013 is a make-or-break budget for UPA

To achieve growth, budget will have to turn away from populism to focus on reforms, which have been virtually stalled even after the departure of the Left. If the government is courageous enough to do so, the economy can still break out of its present standstill mode and generate the promised animal spirits

Budget 2013: Why Chidu deserves a Filmpair if not Oscar

Politicians are brilliant actors after all and if not an Oscar, they deserve at least a Filmpair.

Railway Budget 2013: Train tickets may be linked with Aadhar card

The tickets will have bar codes linked to the passengers' Adhaar cards.

Safety of women in trains is top priority for Rail Budget 2013: Bansal

Indian Railways will soon introduce a 24X7 helpline for women that will be tracked "on real-time basis. To ensure the security of women in trains, especially to end chain and purse snatching incidents, the railways would ensure that no male passenger travels in all-women coaches

To rein in deficit, FM is cutting muscle not fat

Chidamabram is cutting the productive expenditure. And the move comes at a time when growth is faltering and companies have had a not-so-rosy earnings season. Analysts and economists do not expect the situation to be any different in the next two quarters at leas

Budget 2013:Yashwant Sinha blasts Chidu-nomics, UPA policy

former Finance Minister and senior BJP leader Yashwant Sinha said the government's populist measures such as food security and NREGA are not only creating an indolent workforce but also a non-performing and high-cost economy.

Why Budget 2013 will woo foreign investors

Whether the government will reduce borrowing in the next fiscal year is too close to call, but economists say its resolve to cut spending and giveaways in next week's budget will reignite investor confidence.

Budget Wrap: FM seen widening tax base, super rich tax unlikely

A super rich tax is unlikely to come in this budget as “policy makers within the government” favour more discussions before introducing it.

Rail Budget: Railways to import high-speed accident relief trains

Railway Minister Pawan Kumar Bansal will announce the procurement proposal of 160 km per hour high-speed relief train in his maiden Rail Budget 2013-14 on February 26.

RBI fears austere Budget 2013 will leave less room for rate cuts

Officials in the Reserve Bank of India fear that cutting capital spending on projects with strong multiplier effects like building roads and bridges, won't help revive growth, which is seen as a priority if the economy is to avoid a downward spiral.

If there was ever a need for a Big Bang Budget, it is now

Mahindra auto sector boss Pawan Goenka says tax on diesel vehicle would have serious negative impact

Budget 2013: Right expectations from FM are..

Despite fiscal prudence being high on the agenda, the United Progressive Alliance-led government would try to avoid any political backlash considering the fact that this is a final opportunity to present its full-year Budget ahead of Lok Sabha elections scheduled in early 2014.

Budget 2013: Will a Buffett-like tax help India's finances?

Will more taxes on the super rich improve India's fiscal health or will it have a reverse effect and result in more tax evasion? Watch the video to find out what experts have to say

Budget 2013: 'Raise home loan interest deduction to Rs 5 lakh'

In today’s times of rising prices and increased costs of living, the common man looks forward to having additional cash in his hands after the deduction of various taxes.

Budget wrap: Giveaways may come at cost of education bill

With UPA chief Sonia Gandhi pushing for 25 million families to qualify under the food security plan, finance minister P Chidambaram is having a tough time managing other social sector priorities given the mounting fiscal deficit.

No shock, some awe required in Budget 2013: Romesh Sobti

IndusInd Bank CEO says moves to fix fisc, clear roadmap on disinvestment necessary