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Page-8 of Indian Economy

Railway Budget 2016-17: Other Proposals for Farmers, Freight, Industry, Environment etc.

[no_toc] Proposals for Farmers The budget has proposed encouraging development of cold storage on vacant land near freight terminals. Local farmers and fishermen would be given preferential usage...

March 14, 2016

Rail Budget 2016-17: New Trains and Passenger Amenities

For Reserved Passengers Three train services viz. Humsafar, Tejas and UDAY have been introduced for reserved passengers. Humsafar service would be fully air conditioned third A/C service with...

March 14, 2016

Railway Budget 2016-17: Capacity Augmentation Proposals

The Railway Budget 2016-17 is pegged at Rs. 1.21 Lakh Crore, which stands 21% higher than previous budget. Following are the capacity augmentation proposals. Commissioning of Broad Gauge...

March 14, 2016

Avataran: The Seven Missions of Indian Railways

In the Railway Budget 2016-17, the Railway Minister Suresh Prabhu has announced 7 activities to be conducted in mission mode under the umbrella of “Avataran”. These missions are as follows:...

March 14, 2016

Indian Railways: The “Innovation Challenge” for Start-ups

In the last year budget, the Railway Ministry had promised to set an innovation council called “Kayakalp” which might come up with cost saving innovations in railway functioning....

March 14, 2016

SRESTHA & SUTRA: The New Research Wings of Railways

SRESTHA refers to Special Railway Establishment for Strategic Technology & Holistic Advancement. This is a proposed special unit of Indian Railways comprised mostly of scientists and railway experts....

March 14, 2016

Indian Railways: The contours of Nav Arjan, Nav Manak and Nav Sanrachana

Indian railways, as pointed out by Railway Minister, are faced with two headwinds, entirely beyond its control. Firstly, the tepid growth of core sector in the economy leads...

March 14, 2016

Savings, Investment and Capital Formation

GDP measures the total output of goods and services for final use occurring within the domestic territory of a given country, regardless of the allocation to domestic and...

March 11, 2016

Concept of Gross Value Added

In January 2015, the MOPSI had released the new series of national accounts, revising the base year from 2004-05 to 2011-12. With this, the GDP at Factor Cost...

March 11, 2016

Gross Domestic Product

Economy refers to production, distribution and consumption of goods and services in a geographical region. The inputs to the production process are called factors of production. There are...

March 11, 2016

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