Archive

February 26th, 2015

Rail Technology Co-Operation Scheme Proposed to be Launched

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 intensive and complex projects like speed raising and station redevelopment require lot of handholding by a specialized agency in terms of preparatory work, exploring technology options and managing bid processes.

Railway Minister Outlines Four Goals for Transforming Indian Railways over next Five Years

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 systematically address customer concerns about cleanliness, comfort, accessibility, service quality and speed of trains.

b) To make Rail a safer means of travel.

Nine Major Thrust Areas in the Railway Budget 2015-16

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 again
2. Resource Mobilization for higher Investments
3. Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge conversion, doubling, tripling and electrification
4. Project delivery
5. Passenger Amenities.
6. Safety
7. Transparency & System Improvement.

Rail Budget 2015-16 (Highlights)


देश भर में कुल 12,617 यात्री ट्रेनें चलती हैं।


— रेल कर्मचारियों के लिए भी सुविधाएं बढेंगी।
इस बार किसी नई रेलगाड़ी का ऐलान नहीं।
— पर्यटकों को आकर्षित करने के लिए गांधी सर्किट को बढ़ावा देने का प्रस्ताव।
— सरकारी कंपनियों के साथ नई रेल लाइन बढ़ाई जाएंगी।
— रेलवे भर्ती में पारदर्शिता लाने के लिए दो कोटियों में ऑनलाइन आवेदन प्रणाली शुरू की गई है।
— प्लान साइज में 52 फीसद की बढ़ोतरी।
— स्‍टेशन-गाडि़यों का नाम कंपनियों के नाम पर किया जाएगा। इसकी एवज में कंपनियों को पैसे चुकाने होंगे।

February 20th

Signature NDA budget to give magic touch, fulfill dreams, surprises?

by Prof. Shivaji Sarkar

The first full-fledged 2015-16is a crucial budget to be presented by the NDA government. It would be seen as a turning point in economy and political process.It should be a signature document with many surprises.

It has many promises to fulfill, many new courses to set, create the roadmap for investment, set the process for doing ease in business, ease tax structure, create jobs, most-favoured treatment for farm sector and many more.

February 18th

PM promises steps to boost defence manufacturing sector

Says India should aim to manufacture 70% of military hardware domestically in next five years

Making a strong pitch to end India's dependence on defence imports, Prime Minister Narendra Modi today promised a conducive environment for manufacturers, including a discrimination-free tax system, and asked foreign firms not to be just "sellers" but "strategic partners".

S Gurumurthy challenges Maran

What has stopped Maran from filing defamation case against me, asks S Gurumurthy

Rubbishing allegations of former Telecom minister Dayanidhi Maran that CBI was trying to "fix" him, SJM National Co-convenor S Gurumurthy has said the agency was only acting in accordance with an undertaking it gave in the Supreme Court.

Aero India 2015 & Self-Reliance in Defence Production

Gets Underway in Bengaluru ‘Make In India’ Theme to Propel Self-Reliance in Defence Production

The 10th biennial edition of International Aerospace and Defence Exhibition – Aero India 2015 – got off to a spectacular start at Air Force Station, Yelahanka in Bengaluru today.

February 12th

Major re-shuffle in the Indian External Affairs Ministry

In a major shake up of the Ministry , after taking over as Foreign secretary, S. Jaishankar has asked the Prime Minister's Office to return the list of recommendations for key ambassadorial postings sent by his predecessor Sujatha Singh

Earlier External Minsiter Sushma Swaraj and Sujatha Singh had sent a list of at least six recommendations for ambassador posts and were finalizing proposals for a vacancy of more than 35 key positions reports The Telegraph , February 10. Reportedly Prime Minister Narendra Modi did not give his nod to a single recommendation.

Income Tax Department Focusing on Criminal Consequences in Serious Cases of Tax Evasion

During 2014-15 (upto Dec, 2014) the Income Tax Department (ITD) has conducted searches in 414 groups and seized undisclosed assets of Rs. 582 crore. Undisclosed income of Rs. 6769 crore has been admitted by the tax payers during such searches. The undisclosed income detected as a result of further enquiries is however much more.

Besides, 1174 surveys conducted upto November, 2014 led to detection of undisclosed income of Rs. 4673 crore.

Focus of investigation in the Income Tax Department (ITD) had so far been on civil consequences i.e. revenue augmentation.