rail budget

Suresh Prabhu's Railway Budget highlights

Suresh-Prabhu-LS-2 Railways Minister Suresh Prabhu poses for media representatives as he arrives at Parliament House to table the Railway Budget in New Delhi on Thursday

Railway Minister Suresh Prabhu on Thursday presented his second Railway Budget in Lok Sabha promising to raise revenue, productivity, efficiency and revamp the process for good.

Here are the highlights of the Rail Budget 2016-17:

  • LIC to fund Rs.1.5 lakh crore over five years on favourable terms

    • Two elevated tracks envisaged from Churchgate and CST on Mumbai's suburban railway system
  • Specialised teams envisaged in specific areas to improve efficiency

-All-India 24X7 helpline for women

  • Fully unreserved trains to be operated on high-density corridors

  • Local art to be highlighted at railway stations

  • Academic facility at Vadodara being upgraded to university level

  • Railways to generate 9 crore mandays of employment in 2017-18 and 14 crore mandays in 2018-19

  • To increase lower berth quota for senior citizens by 50 percent

  • Dedicated freight corridors envisaged for North-South, East-West and East Coast alignments

  • Social media being increasingly used to ensure transparency

  • Online booking of retiring rooms made possible

  • 17,000 additional bio-toilets to be provided by the end of current fiscal

  • Finalised bids for two new loco factories under Make in India initiative

  • WiFi facilities at 100 more stations this year and 400 stations next year

  • 2,800 km of broad gauge track conversion envisaged

  • Seven km of broad gauge lines to be commissioned every day during 2016-17

  • Hope to commission 19 km of new broad gauge track every day by 2018-19

  • Rs.8.8 lakh crore to be spent on infrastructure in five years

  • Rs.40,000 crore expected from the government as budgetary support

  • Budget that reflects the expectations of the entire nation

  • Making all-out efforts to translate dream of Prime minister Narendra Modi into reality

-Aiming tom achieve operation ratio of 92 percent

  • Saving of Rs.8,720 crore from last year's estimates

  • Envisaging capital expenditure of Rs.1.21 lakh crore

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