Budget 2017: Jaitley speaks on Railways
Shital Jibhe / 01 Feb 2017
For the first time in 92 years, there will not be a separate Railway Budget as it has been incorporated in the Union Budget. The financial projections of the Indian Railways are as follows:
For the first time in 92 years, there will not be a separate Railway Budget as it has been incorporated in the Union Budget. The financial projections of the Indian Railways are as follows:
* Steps will be taken to launch dedicated trains for pilgrimage and tourism.
* Rail safety fund with corpus of Rs 100,000 crore will be created over a period of five years.
* Outlay for railways fixed at Rs 1,31,000 crore with Rs 55,000 crore Budget support.
* Our focus is on Swacchh Railways.
* Service charges for ticket booking on IRCTC withdrawn.
* All coaches of Indian Railways will have biotiolets by 2018.
* Railways will implement end-to-end transport solutions for certain logistics.
* Four areas of priority for Railways: Passenger safety, capital works, cleanliness & financial.
* A new metro rail policy will be announced, this will open up new jobs for our youth.
* Five special tourism zones to be set up in partnership with states.
* At least 25 stations expected to be awarded during 2017-18; 500 stations to be made differently abled friendly by providing lifts & escalators.
Stay tuned for more such updates.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.