A balanced Railway Budget from first-time Rail Minister Dinesh Trivedi. In a speech that focused primarily on safety and environment-friendliness, there weren't many sops doled out. However, the big announcement came at the end, when train fares were hiked for the first time in 9 years.

The responsibility of developing and maintaining thousands of railway stations across the country will be entrusted to a new company under the public private partnership (PPP) route, Railway Minister Dinesh Trivedi said Wednesday while presenting his ministry's budget for the next fiscal.

Set to present his maiden budget in parliament Wednesday, Railway Minister Dinesh Trivedi said it would keep in my mind the needs of the common man and the country.

With the assembly polls out of the way, Railways on Tuesday withdrew four percent exemption on fertiliser and foodgrain loading rates besides making a 10-15 percent upward revision of other commodities ahead of Rail Budget.The move is expected to increase prices of an array of goods, ranging from coal to fertilizers.

Mumbai: Railway Minister Dinesh Trivedi said he was open to private investment for the purpose of modernisation and development of Indian Railways.

The seven north-eastern states, which hold the key for Trinamool Congress to emerge as a national party, could be bestowed with a slew of new rail projects in the upcoming Rail Budget.

High speed trains connecting the national capital to Jodhpur and Mumbai could be among the highlights of the Rail Budget 2012-13, which will be announced by Railway Minister Dinesh Trivedi on Wednesday.

With passenger fares unlikely to be hiked, Railway Minister Dinesh Trivedi will present his maiden railway budget for 2012-13 Wednesday amid concerns over the financial health of the world's second largest network.

With passenger fares unlikely to be hiked, Railway Minister Dinesh Trivedi will present his maiden railway budget for 2012-13 Wednesday amid concerns over the financial health of the world's second largest network.

The Rail Budget to be presented tomorrow may continue with the practice of not raising the fares and freight rates but the possibility of imposition of a safety cess may not not be ruled out, at least on the higher class fares.

New Delhi: Ahead of Rail Budget, many MPs today suggested increase in passenger fares, which has not been touched for eight years, to mobilise resources for undertaking safety related works in Railways.

A legislation to make Railway Protection Force (RPF) the sole body responsible for passenger security is likely to be introduced in the Budget session of Parliament.

Former Union Minister and BJP leader Bandaru Dattatreya today urged the railway ministry to allot Rs 3,500 crore in the forthcoming budget for completion of various projects in Andhra Pradesh.

No hike in passenger fare and freight rates.

New Delhi: For the third successive year, the Railway Budget for 2011-12 spared passengers of any increase in fares and proposed no hike in freight rates while introducing 56 new trains, including nine non-stop Duronto trains and three Shatabdis.