RAILWAY BUDGET PRESENTED BY RAILWAY MINISTER SURESH PRABHU……


Posted February 25, 2016 by CapitalStarsResearch

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Railway Minister Suresh Prabhu introduced in the Lok Sabha is the perfect budget. After presenting the Railway Budget in the Lok Sabha, Railway Minister Suresh Prabhu said the budget is all taken care of. Railway is undergoing challenges, but the railway is to create more and more jobs.

Railway Minister Suresh Prabhu said Modi to realize the vision and inspiration of the budget, according to Modi. Railways revenue increased tariff has been increased and accounted for every rupee. This is the time of great challenges, but the railways are working to make the international grade. Implementing the 7th Pay Commission burden on the railways. Target of zero accidents in Railways.

Operting ratio in fiscal 2017 is estimated to be 90 per cent compared to 92 per cent. Efforts to reduce costs and increase revenue target of 10 per cent. This year, the railway is expected to save Rs 8720 crore. 1.21 lakh crore for the financial year 2017, which will have more than 21 per cent annually. The fiscal 2017 revenue target of Rs 1.85 lakh crore. Railway investment has doubled in the last year.

PPP will emphasize safety in railway and government must insist on reforms. Will focus on the improvement of railway toilet and wide rail track is planned. Will focus on electric trains.

Online recruitment in the railways will be used more and more computers. By 2020, plans to give every traveler confirmed tickets

The existing 311 stations would be equipped with CCTV. And 2-year plan to modernize 400 stations 400 stations would be equipped with Wi-Fi facility. Plans to build 17,000 bio-toilets. Quota has been increased to 50 per cent for senior citizens. Each train has 120 seats reserved for the elderly. And escalators for the elderly is planned.

Habibganj Railway University in Vadodara will be installed and will be the country’s first modern station. Railway Minister Suresh Prabhu Humsafar, named Tejas and Uday has announced 3 new trains. 3-AC train traveling companion will be the emergence of double-decker AC train. Tejas will be the speed of 130 kilometers per hour.

To add to the shrines of the country is planned to begin to train Aastha. The Railway Minister has announced plans to build a new rail fund and train an insurance plan.

2 elevated rail corridor in Mumbai making plans. Churchgate-Virar elevated rail corridor on the CST-Panvel route plans to invite bids for. Delhi plans to ring and ring rail train 21 new stations. Start working on the Mumbai-Ahmedabad bullet train. Auto Hub will train in Chennai.

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Last Updated February 25, 2016