Karnataka MP B Y Raghavendra visits Thumbay Medicity’s State-of-the-art facilities
Ajman: Mr. B. Y. Raghavendra, Member of Parliament representing Shimoga district of Karnataka and son of Karnataka Chief Minister, visited Thumbay Medicity, Ajman, UAE – a regional hub of medical education, healthcare and research built by Thumbay Group – on 30th December 2019. He was greeted at Thumbay Medicity by Dr. Thumbay Moideen – Founder President of Thumbay Group.
Mr. B. Y. Raghavendra toured the advanced healthcare and medical education facilities at Thumbay Medicity including Gulf Medical University – the largest private medical university in the Middle East region, Thumbay University Hospital – with 350 beds, the biggest private academic hospital in the region, Thumbay Dental Hospital – the first private dental hospital in the country and Thumbay Physical Therapy & Rehabilitation Hospital - the biggest and most advanced hospital for physical therapy and rehabilitation. He also visited the robotic Thumbay Pharmacy housed within Thumbay University Hospital. Mr. B. Y. Raghavendra commended Thumbay Medicity for the excellent facilities for healthcare and medical education.
The vision, mission and future directions of Thumbay Group and Gulf Medical University – the region’s leading private medical university, as well as the University’s advanced training and teaching facilities were also presented before the guest. He appreciated Thumbay Group’s efforts in bringing the latest technology and innovation in healthcare and medical education to the region.
Dr. Thumbay Moideen said that Thumbay Medicity serves the region as a hub of world-class healthcare and medical education, fully equipped to serve a floating population of 20,000. “The Thumbay University Hospital, combined with the dental and rehabilitation hospitals make Thumbay Medicity a unique destination for specialized care. Thumbay Medicity is also a referral facility to which primary and secondary care hospitals and clinics refer serious cases,” he explained, adding, “The strategic plans of Thumbay Group include the expansion of our global footprint, including setting up new university campuses as well as healthcare and research facilities in different parts of the world.”
Thumbay Medicity also houses Body & Soul Health Club and Spa, Thumbay Food Court, Blends & Brews Coffee Shoppe, Thumbay Pharmacy etc. The specialized hospitals of Thumbay Medicity are Academic Health Centers of the Gulf Medical University Academic Health System (GMUAHS), which give them the unique advantage of having the expertise of doctors who are also academicians and researchers. GMUAHS has the distinction of being the first private academic health system in the region in Ajman.
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Railways: FM Sitharaman allocates Rs 2.77 lakh crore for capital expenditure
New Delhi (PTI): Finance Minister Nirmala Sitharaman on Sunday allocated Rs 2,77,830 crore to the Ministry of Railways for capital expenditure in the financial year 2026–27.
The Budget allocation includes the construction of new lines and the purchase of locomotives, wagons, and coaches, among other works.
The ministry had received Rs 2,52,000 crore in FY 2025–26. The current allocation for the upcoming financial year is 10.25 per cent higher, making it the highest ever. Besides, the ministry will get Rs 15,000 crore from Extra Budgetary Resources, the document showed.
According to the Budget document, the railways’ total earnings are projected at Rs 3,85,733.33 crore, while expenditure is estimated at Rs 3,82,186.01 crore, resulting in a surplus of Rs 3,547.32 crore at the end of the financial year.
"Since the railways' earnings are too meagre to fund asset creation and support new works, it receives funds from the government. Accordingly, the ministry has been allocated Rs 2,77,830 crore to undertake activities such as laying new lines, converting narrow gauge to broad gauge, and constructing double lines on single-line routes," a railway official said.
The Budget document has earmarked funds from the Rs 2,77,830 crore allocation for various construction and asset creation projects. These include Rs 36,721.55 crore for new lines, Rs 4,600 crore for gauge conversion, Rs 37,750 crore for doubling, Rs 52,108.73 crore for rolling stock (locomotives, wagons, etc.), and Rs 7,500 crore for signalling and telecom, among others.
The allocation under the signalling and telecom head is significant as the automatic train protection system, Kavach, falls under this department. The ministry has laid strong emphasis on expanding Kavach coverage across the rail network.
The document also presents the actual earnings and expenditure of the railways in 2024–25. During the year, railways earned Rs 3,35,757.09 crore and spent Rs 3,32,440.64 crore, recording a surplus of Rs 3,316.45 crore. The budgetary allocation for the year stood at Rs 2,51,946.56 crore.
"As far as FY 2025–26 is concerned, the actual figures for earnings and expenditure will be available only after the financial year ends,” an official said, adding that largely earnings and expenses are on expected lines with minor changes.
Out of the total expenditures of the railways, the biggest share goes on paying pensions to its employees.
According to Budget documents, expenditure on pensions was Rs 58844.07 crore in 2024-25, which is expected to rise to Rs 74500 crore in 2026-27.
