Page-10 of Ministry of Railways Current Affairs, GK & News

Indian Railways take measures to prevent misuse of ‘Izzat’ Monthly Season Ticket

October 17, 2013

Ministry of Railways has taken further steps to make sure that the ‘Izzat’ Monthly Season Ticket  (Izzat MST) scheme actually reaches to the people belonging to low income category. These steps were taken in an order to prevent misuse of the scheme. Under the new measures, following has been decided: Income certificates issued by the authority ..

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Indian Railways inks deal with RINL to build India's biggest Forged Wheel plant in Raebarelli

October 5, 2013

The Indian Railways inked an agreement with Rashtriya Ispat Nigam Limited (RINL) to set up the country’s biggest Forged Wheel plant at Lalganj, Raebarelli in Uttar Pradesh. The Plant to be set with an investment of about Rs 1100 crore will manufacture 1 lakh Forged Wheels per annum in the first phase. The capacity of ..

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Railway launches SMS facility for ticket booking

July 2, 2013

Indian Railway has launched a new pilot service which makes it possible for the 80% of the population that owns mobile phones. The service doesn’t even involves any use of Internet by the customer. IRCTC has INTRODUCED a number of options to buy tickets without having to access the Internet. Besides the short code 5676714, ..

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IRFC to issue Tax-free bonds

January 18, 2013

With an aim to raise Rs.8,886 crore, Indian Railway Finance Corporation Ltd (IRFC) will launch a tax-free bond issue. This would enhance IRFC resources for buying rolling stock for the Indian railways. The Central Board of Direct Taxes (CBDT) has authorized IRFC to issue bonds up to Rs.10,000 crore during 2013 financial year. The public ..

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Railway Budget 2010-11

March 3, 2010

India’s Railway Minister Mamta Banerjee presented the new Railway Budget for the year 2010-11 in the parliament on Wednesday, February 24, 2010. This was second budget presented by Dr. Mamta Banerjee in this Lok Sabha. The earlier Budget was presented by her on July 3, 2009. Before this , she was India Rail Minister in ..

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