• About us
  • Contact us
  • Our team
  • Terms of Service
Friday, January 9, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Clear govt stand on rail privatisation: Opposition in Lok Sabha

Press Trust of india by Press Trust of india
March 15, 2022
in BUSINESS
A A
0
Clear govt stand on rail privatisation: Opposition in Lok Sabha
FacebookTwitterWhatsapp

New Delhi:  Opposition members on Tuesday accused the government of indulging in jugglery of railway finances and sought to know whether it intends to privatise the Indian Railways after Air India.

Initiating the debate on Demand for Grants 2022-23 for Railway in Lok Sabha, Congress member K Suresh accused the government of running the railways in an inefficient manner and said it is indulging in jugglery in allocation of funds.

More News

India projected to grow at 6.6%, resilient consumption, public investment to offset US tariffs impact: UN

India-US trade deal didn’t happen because Modi did not call Trump: Lutnick

India terms Lutnick’s remarks on India-US trade deal as inaccurate

Load More

“… The intention of this government is privatising the Indian Railways also. Air India already sold. Now next step of this government is Indian Railways. That will happen very soon,” Suresh said, asking the Railway Minister whether the Indian Railways will remain under Government of India or not.

He alleged that the government is not taking any sincere action to achieve the rail revenue target set in the Budget. For 2022-23 fiscal, the internal revenue of railways has been pegged at Rs 2.40 lakh crore, a 19 per cent increase from the revised estimates of the current fiscal.

The Congress MP said the annual plan of the railways proposed for the next fiscal is Rs 2.45 lakh crore. This includes gross budgetary support of Rs 1.30 lakh crore, 55.85 per cent of total capital expenditure.

Questioning where the rest of the money would come from, Suresh said it would come from PPP, institutional financing and foreign direct investment.

“The Indian Railways, the premier public sector, is up for sale. The BE for extra budgetary resources for 2022-23 is Rs 1.15 lakh crore, meaning that 41 per cent of capital expenditure will come from leasing… and putting pieces of public sector organisation for sale to bidders,” Suresh said.

Expressing concern over huge vacancies in the railways, Kanimozhi Karunanidhi (DMK) said the South Indians don’t get jobs and it seems that there is an effort to keep them away.

She demanded that the government clarify as to how 100 per cent electrification can be achieved by the next year if it is 73 per cent at present. With regard to elephant death on railway tracks, she said, the Railway Ministry should look into the matter.

Satabdi Roy (TMC) stressed the need to bring down platform ticket price from Rs 50 to reasonable levels.

The price was raised in the wake of COVID-19 pandemic and since the situation has improved the ministry should look at it, Roy reasoned.

Roy also sought to know the stand of the the government on privatisation and what impact it will have on common man.

She wondered if the country really needed the Bullet Train and urged the ministry to focus on reducing the time for claim settlement for railway accident victims.

Gajanan Kirtikar (Shiv Sena) raised the issue of rehabilitation by the railways caused due to expansion of tracks. The ministry should also focus on commercial usage of additional land that the Railway has, he said.

Bahujan Samaj Party (BSP) MP from Jaunpur Shyam Singh Yadav alleged that the railways is no longer a common man’s transport with increasing prices and privatisation.

The railways should be for the poor people, he asserted.

Previous Post

Will take up four-nation proposal with Ganguly at ACC meeting: Ramiz

Next Post

Politicising GST Council decisions an insult to federal body: Sitharaman in RS

Press Trust of india

Press Trust of india

Related Posts

India projected to grow at 6.6%, resilient consumption, public investment to offset US tariffs impact: UN

Encouraged by Group of Friends launched by India to promote accountability for crimes against peacekeepers: UN Staff Union
January 9, 2026

United Nations:  India is projected to grow at 6.6 per cent in 2026, registering an “exceptionally high growth in a...

Read moreDetails

India-US trade deal didn’t happen because Modi did not call Trump: Lutnick

Modi Will Regret Inviting Trump to India for Republic Day
January 9, 2026

New York: US Commerce Secretary Howard Lutnick has said the trade deal with India did not happen because Prime Minister...

Read moreDetails

India terms Lutnick’s remarks on India-US trade deal as inaccurate

January 9, 2026

New Delhi: India on Friday described as inaccurate US Commerce Secretary Howard Lutnick's remarks that the trade deal between the...

Read moreDetails

Indian AI startups should work towards global leadership: PM Modi

Ease of justice must for all, language of law should be local, simple: PM Modi
January 8, 2026

New Delhi: Prime Minister Narendra Modi on Thursday said the world's trust in India is its biggest strength and emphasised...

Read moreDetails

GDP to grow by 7.5% in FY26, says SBI report

GDP growth slows to 2-year low of 5.4% in Q2 on poor show by manufacturing, weak consumption
January 8, 2026

New Delhi:  India's economy is expected to grow at 7.5 per cent in 2025-26 with upward bias, marginally higher from...

Read moreDetails

Goldilocks moment: BJP on India’s GDP seen growing 7.4% in FY26

January 8, 2026

New Delhi:  The BJP on Thursday described as "Goldilocks moment" the estimate that India's economy would grow by 7.4 per...

Read moreDetails
Next Post
FM pushes large CPSEs to meet 75% of FY21 capex target by Dec

Politicising GST Council decisions an insult to federal body: Sitharaman in RS

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.