Page 21 - Railways
GST breather for Railways; no tax on transfer of goods for self-consumption
No exemption would be available if the transaction is classified as a good
 "GST breather for Railways; no tax on transfer of goods for self-consumption")
Railways earns additional Rs 540 cr through flexi fare in less than a year
The Flexi flare scheme is applicable in Rajdhani, Shatabdi and Duronto trains
 "Railways earns additional Rs 540 cr through flexi fare in less than a year")
Railways earned Rs 1,400 crore from cancelled tickets in FY17
The jump in the earnings may be attributed to the doubling of cancellation charges from Nov 2015
 "Railways earned Rs 1,400 crore from cancelled tickets in FY17")
Despite rains & floods, Railways' July freight, passenger business up
60.5 million more passengers travelled in 2017 between April and July 20, a growth of 2.41%
Railways suffers pricing jet lag
Rail passenger traffic takes a knock from its flexi fares and low-cost carriers
 "Railways suffers pricing jet lag")
Delay by Railways in electrification projects, says CAG
The national auditor said that Railways didn't adopt e-tendering system to reduce processing period
Railways' muddled priorities
Problem with premium trains is not their occupancy levels, which are fairly high by any yardstick
Railways readies deep discounts to woo passengers
Railways to offer last-minute discounts and reduced fares in major trains, including the Shatabdis
 "Railways readies deep discounts to woo passengers")
Railways to install metro-like barcoded flap gates at stations
Besides, there will be thermal printers at ticket counters for barcoded tickets
GE partners MSDE to train locals for new locomotive facility in Bihar
The US-based firm is setting up a factory at Marhaura (Bihar) to build 900 diesel locomotives
 "GE partners MSDE to train locals for new locomotive facility in Bihar")
Indian Railways' smart initiatives can raise GDP by 2%: Suresh Prabhu
Initiatives helping railways to come out with new products to serve diverse range of travellers
 "Indian Railways' smart initiatives can raise GDP by 2%: Suresh Prabhu")
Railways to track wagons, coaches with radio-frequency tags
Currently, such data is maintained manually, which leaves scope for errors
 "Railways to track wagons, coaches with radio-frequency tags")
Pay Rs 5,000 for failing to wake up passenger: Redress forum to Railways
The railways contended that their customer care does not guarantee that passengers would be woken up
 "Pay Rs 5,000 for failing to wake up passenger: Redress forum to Railways")
Railways working to ensure confirmed berths on demand by 2021
Railways is planning to introduce more passenger trains on high-density routes
 "Railways working to ensure confirmed berths on demand by 2021")
Booking a train ticket? This govt app will answer all your railway queries
The app, likely to be named HindRail will operate from June
Railways gets serious about making money
Includes online and offline content on demand to train advertisements and installation of ATMs
 "Railways gets serious about making money")
Railways posts 5% increase in passenger revenue; non-fare revenue up by 72%
Earned an incremental Rs 1,996 crore during the tenure due to increase in passenger revenue
 "Railways posts 5% increase in passenger revenue; non-fare revenue up by 72%")
Now, flexi fares in Rajdhani, Shatabdi, Duronto trains acceptable under LTA
Base fares will increase by 10% with every 10% of berths sold subject to a prescribed ceiling limit
 "Now, flexi fares in Rajdhani, Shatabdi, Duronto trains acceptable under LTA")
Railways spends more for every rupee earned as operating ratio reaches 95%
In the railways, an operating ratio of 80% or lower is considered desirable
 "Railways spends more for every rupee earned as operating ratio reaches 95%")
Are private trains on right track with independent regulator in the offing?
From pit head to project site, private participation was earlier only in infrastructure creations
 "Are private trains on right track with independent regulator in the offing?")
