Thursday, 25 February 2016

Railway Budget Key Updates

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· Railway Minister : Rs.50 crore to be provided for start-ups by railway employees

· No mention of passenger fares, freight rates

· Railway Minister : Will evolve models to determine revenue potential of at least 20 stations in next 3 months

· Railway Minister : Circuit trains to connect important pilgrim centres

· Railway Minister : First phase of new Kolkata Metro to be completed by 2018

· Railway Minister : To install Hi-tech centralised Network Of 20,000 screens On 2000 stations

· Railway Minister : Mumbai needs a robust transport system - two elevated suburban corridors between Churchgate and Virar, CSTM and Panvel

· Railway Minister : Introduce Antyodaya Express, superfast train for long routes

· Railway Minister : 17,000 Bio-toilets in Trains and additional toilets at 475 stations by FY16-end

· Railway Minister : We will introduce sub quota of 33% to women in ticket reservation

· Railway Minister : A new train between Varanasi and Delhi, Mahamana Express with modern refurbished coaches

· Railway Minister : To commission wifi service at 100 stations this year. 400 stations to get wifi facility in the next two years

· Railway Minister : 50 percent more outlay for railway electricificaiton

· Railway Minister : Expect commissioning of 2500 km of broadguage line, 30% higher than last year

· Railway Minister : This is the Budget that reflects aspiration of common citizens

· Railway Minister : Expect to generate revenue of Rs 1,84,820 crore

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