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Displaying 1 - 14 of 14
financial expenditure

Impact of COVID-19 on Railway’s finances

Prachee Mishra - April 11, 2020
In light of the COVID-19 pandemic, all passenger trains were suspended till April 14, 2020.  However, goods services have been continuing with trains carrying essential commodities to various parts of the country.   Railways has also made railway parcel vans&n...
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Parliament

More Privatisation on the cards?

M R Madhavan , Prachee Mishra - October 22, 2019
The core group of secretaries on disinvestment has recently  approved the disinvestment of five public sector undertakings (PSUs).  This includes the entire shareholding of the government in four PSUs: Bharat Petroleum Corporation (BPCL), Shipping Corporation of India (SCI), Nor...
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Legislation

Understanding the AERA (Amendment) Bill, 2019

Prachee Mishra - July 19, 2019
Earlier this week, Rajya Sabha passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2019, and the Bill is now pending in Lok Sabha.  The Bill amends the Airports Economic Regulatory Authority of India Act, 2008.  The Act established the Airports Economic Regulatory ...
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Parliament

Winter Session 2018: What's happened so far

Prachee Mishra , Roshni Sinha - December 26, 2018
So far, both Houses of Parliament have been witnessing disruptions.  At the beginning of the session, 23 Bills were listed for passage, and 20 were listed for introduction.  Two weeks in, one Bill has been passed by both Houses, and three others by Lok Sabha.  These include Bills deal...
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Policy

Indian Railways rationalises freight fares

Prachee Mishra - November 14, 2018
Recently, the Indian Railways announced rationalisation of freight fares.  This rationalisation will result in an 8.75% increase in freight rates for major commodities such as coal, iron and steel, iron ore, and raw materials for steel plants. The freight rates were rationalised to ensure addit...
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Policy

Amendments to the IBC: Implications for real estate allottees

Prachee Mishra - July 26, 2018
The Insolvency and Bankruptcy Code, 2016 was enacted to provide a time-bound process to resolve insolvency among companies and individuals.  Insolvency is a situation where an individual or company is unable to repay their outstanding debt.  Last month, the government promulgated the ...
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Legislation

Indian Railways: Analysing the Budget

Prachee Mishra - March 12, 2018
Finances of the Railways were presented along with the Union Budget on February 1, 2018 (the Railways Budget was merged with the Union Budget last year).  In the current Budget Session, Lok Sabha is scheduled to discuss the allocation to the Ministry of Railways.  In light of this, we disc...
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Legislation

Making Smart Cities

Prachee Mishra - January 23, 2018
In the last decade, the government has implemented several schemes to address issues related to urbanisation and aid the process of urban development.  One of the schemes is the Smart Cities Mission, which intends to take advantage of the developments in information technology in developing the...
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Policy

Electrification in India: ‘Saubhagya’ scheme

Prachee Mishra - October 5, 2017
Recently, the central government launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (or Saubhagya).[i],[ii]  The scheme seeks to ensure universal household electrification (in both rural and urban areas) by providing last mile connectivity.  The scheme is expected to cover three crore...
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Legislation

Safety in Indian Railways

Prachee Mishra - August 24, 2017
Safety has been one of the biggest concerns in the Indian Railways system.  While the number of accidents have gone down over the last few years, the number still remains over 100 accidents a year.  In light of the recent train accidents in Uttar Pradesh (UP), we present some details aroun...
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Legislation

Financing urban development

Prachee Mishra - June 30, 2017
India’s urban population has grown by 32% from 2001 to 2011 as compared to 18% growth in total population of the country.[1]  As per Census 2011, 31% of the country’s population (377 million people) live in cities, and contribute to 63% of the country’s GDP.[2]  The urban...
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Legislation

The financial health of Air India

Prachee Mishra - May 31, 2017
Recently there have been news reports about the NITI Aayog submitting its recommendations on improving the financial health of Air India to the Ministry of Finance.[1],[2]  The Civil Aviation Ministers have also mentioned that the Ministry will soon propose a roadmap for the rejuvenation of the...
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Miscellaneous

Financial health of the Indian Railways

Prachee Mishra - September 21, 2016
Earlier today, the Union Cabinet announced the merger of the Railways Budget with the Union Budget.  All proposals under the Railways Budget will now be a part of the Union Budget.  However, to ensure detailed scrutiny, the Ministry’s expenditure will be discussed in Parliament. ...
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Miscellaneous

Coal Block Allocations and the 2015 Bill

Prachee Mishra - March 7, 2015
Earlier this week, Lok Sabha passed the Bill that provides for the allocation of coal mines that were cancelled by the Supreme Court last year.  In light of this development, this post looks at the issues surrounding coal block allocations and what the 2015 Bill seeks to achieve. In Septembe...
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