No fare hike, no new trains, but more investment Railway minister Suresh Prabhu on Thursday spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation. Rail Budget 2015: At is happened 10 things you should not miss 'Operation 5-minute' to ensure ticketless passenger get regular ticket within five minute of entering station Rail Budget 2015: Highlights An All India 24-7 helpline number will become operational: Suresh Prabhu 15 passenger friendly announcements Railway minister Suresh Prabhu said on Thursday that the interests of the passengers will be of foremost importance to the government. Railways to hike train speed to reduce travel time The speed of trains connecting major metro cities would be increased up to 200 kilometres per hour (kmph) on nine select railway corridors in a bid to reduce travel time, railway minister Suresh Prabhu announced today. Freight rate hike to push up commodity prices Cement, coal, steel and urea prices are likely to go up with the railway minister proposing freight hike up to 10 per cent for various commodities. Railway plans Rs 8,50,000cr investment in 5 yrs The Railway Budget 2015-16, that left passenger and some freight fares untouched, envisages an investment of Rs 8,50,000 crore over the next five years — mostly directed towards modernizing existing tracks and introducing faster trains. Modern rail network with no fare hike Without tinkering with passenger fares, railway minister Suresh Prabhu presented his maiden budget for Indian Railways in the Lok Sabha on Thursday, promising to balance passenger needs and long-term interests of the organisation and benchmark it globally on quality, safety and reach. 'Hey Prabhu', says Prabhu, punning on own name Railway minister Suresh Prabhu on Thursday drew laughter from parliamentarians when he punned his own name durng his Rail Budget speech Suggestions on social media used in rail budget Railway minister Suresh Prabhu on Thursday said his ministry received an overwhelming response and suggestions on social media during the formative phase of the Railway Budget 2015-16. Find all Rail Budget 2015 stories here |
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