Highlights of Railway Budget 2013-14: Central Government Railway Employees

Highlights of Railway Budget 2013-14 Ministry of Railways  26-February, 2013 14:23 IST 67 new Express trains to be introduced 26 new passenger services, 8 DEMU services and 5 MEMU services to be introduced Run of 57 trains to be extended Frequency of 24 trains to be increased First AC EMU rake to be introduced  on Mumbai suburban network in 2013-14 72 additional services to be introduced...

Parents of Posthumous Unmarried Bravery Awardees to be Extended Facility of Complimentary Card Pass in 1st Class/2nd AC Passes for Freedom Fighters to be Renewed Every 3 Years

Parents of Posthumous Unmarried Bravery Awardees to be Extended Facility of Complimentary Card Pass in 1st Class/2nd AC Passes for Freedom Fighters to be Renewed Every 3 Years The Union Minister of Railways Shri Pawan Kumar Bansal has announced the extension of the facility of Complimentary Card pass valid in 1st Class/2nd AC to the parents of posthumous unmarried awardees of Maha Vir Chakra,...

Fund Allocation for Railway Staff Quarters Enhanced by 50 %

 Ministry of Railways    Fund Allocation for Railway Staff Quarters Enhanced by 50 % The Minister of Railways Shri Pawan Kumar Bansal has announced enhancement of the fund allocation under Railways staff quarters by 50% over the previous year to provide Rs 300 crore. While presenting the Railways Budget for 2013-14 in Parliament today he said that construction of staff quarters...

1.52 Lakh Vacancies in Railways to Be Filled up this Year

1.52 Lakh Vacancies in Railways to Be Filled up this Year The Minister of Railways Shri Pawan Kumar Bansal has announced that the Ministry of Railways will make concerted efforts to fill up approximately 1.52 lakh vacancies this year. While presenting Railways Budget for 2013-14 in Parliament today, he said that it is a measure of popularity of Railways as an employer that a staggering 2.2 crore...

Outlay of Rs. 63,363 Crore Proposed in Rail Budget

Outlay of Rs. 63,363 Crore Proposed in Rail BudgetOperating Efficiency Likely to Improve to 87.8% An outlay Rs. 63,363 crore has been proposed for 2013-14 rail budget which will be financed through Gross Budgetary Support of Rs. 26,000 crore, Railway’s Share in Road Safety Fund of Rs. 2,000 crore and internal resources of Rs. 14,260 crore.Highlighting the importance of financially sustainability...

Prime Minister's statement on the Railway Budget

PM's statement on the Railway Budget The Minister for Railways has done a commendable job in meeting competing demands of improving and increasing services for commuters and controlling expenditure of his department. It is a reformist and forward looking Budget which presents a realistic picture of Railway finances. I compliment him for his innovations in critical areas of Railway infrastructure...

Sanctioning of Leave : Dies non – No Work No Pay

Sanctioning of Leave : Dies non – No Work No PayAll the Central Government employees those who are participated in the Two Day Strike have been warned by the government through its circular dated 15-02-2013, that leave of any kind will not be sanctioned for them. It is under stood that the absence of two days in strike period will be treated as Dies nonThe West Bengal State Government too issued...

EPF interest rate raised by 0.25 to 8.5 per cent for the current fiscal

EPF interest rate raised by 0.25 to 8.5 per cent for the current fiscalEmployees’ Provident Fund Organization, EPFO, has decided to pay 8.5 per cent rate of interest on Provident Fund, PF, deposits for 2012-13.It is higher by 0.25 per cent provided in the previous fiscal. It will benefit over five crore subscribers of retirement fund body.The decision was taken at the meeting of the Central Board...