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Rail Budget 2016-17
Feb 26, 2016

On 25 February Railway Minister Suresh Prabhu presented the Railway Budget 2016-17. He announced a number of initiatives that the Indian Railways will be taking to make the mammoth public sector undertaking work smooth and ensure that the travelling public is provided all the amenities that they aspire for. Importantly, for the travelling public, not hike in passenger fares.

Key Highlights

  • Core objective to become engine of economic growth, create employment and provide customer service.

  • Will exploit new sources of revenue beyond tariff revenue.

  • No changes in passenger fares and freight rates in Railway Budget for 2016-17.

  • Railways to borrow Rs 18,580 crore in 2016-17 fiscal.

  • Ramped up capital expenditure to remove the huge backlog and provide for future needs.

  • Rate of capital expenditure has increased.

  • Rs 8,720 Crore saving in 2015-16 budget in fuel cost like power.

  • Expect operating ratio of 92 per cent as against 90 per cent in current year.

  • Investment will be Rs 1.21 lakh crore for 2016-17.

  • Railways will commission 2,800 km of new tracks in next year.

  • Railways to generate 9 crore man-days in financial year 2017-18 and 14 crore man-days in 2018-19.

  • Railways to get Rs 40,000 Crore budgetary support from the government.

  • 2,000 km rail route to be electrified in 2016-17.

  • Rs 30,000 crore is the loss on subsidising passenger fares

  • Railways to shift to completely paperless contract system in 2016-17.

  • North-South, East-West dedicated freight corridor proposed in Railway Budget for 2016-17.

  • Fully air-conditioned Humsafar to travel at 130-km per hour.

  • Overnight double-decker train Uday Express to be introduced on busiest routes, carrying capacity to be 40 per cent more.

  • Super-fast unreserved train Antyodaya Express.

  • Deen Dayalu unreserved coaches with water, mobile charging points.

  • Bar-coded tickets to be introduced at select stations on pilot basis.

  • E-booking of tickets on concessional passes for journalists introduced.

  • Children menu to be introduced on pilot basis on trains.

  • 33%reservation to women in reserved quota in Railways will be introduced.

  • Aastha Shakti circuit trains to connect important pilgrim centres.

  • 400 stations to have Wifi, 100 in next fiscal.

  • CCTV surveillance for all major stations.

  • 30,000 bio-toilets in trains by next year.

  • Disabled enabled toilet in 11 Class-A stations this year.

  • Cleaning of coach on demand soon.

  • E-ticketing facility on foreign debit/credit cards.

  • Sale of tickets through hand held terminals soon.

  • FM Radio stations to provide train borne entertainment.

  • Rail Mitra Seva for old and disabled passengers.

  • Optional travel insurance for rail passengers.

  • Smart coaches with automatic doors, bio vacuum toilets, improved aesthetics.

  • Railways to increase lower berth quota for senior citizens by 50 per cent.

  • Ajmer, Amritsar, Gaya, Mathura, Nanded, Nashik, Puri, Tirupati, Varanasi, Nagapattinam and other pilgrim stations to be beautified.

  • Two elevated suburban railway corridors–Churchgate-Virar and CST-Panvel to be constructed in Mumbai. Ring railway covering 21 stations to be revived with state participation.

  • Logistics and warehouse parks to be created on PPP mode.

  • Station development and re-development, monetisation of land to raise rail revenue from non-freight sources.

  • India's first railway auto hub in Chennai to be inaugurated soon.

  • Railways to monetise land on tracks by leasing out for horticulture and tea plantation.

  • Holding company to be explored for monetising assets of Railway companies.

  • Railway Board to be re-organised.

  • Direct procurement of diesel to help save Rs 1,500 crore in 2016-17.

  • Time-table freight container train to be run on pilot basis.

  • Rs 8.5 lakh crore to be spent in 5 years for modernisation of rail infrastructure.

  • To invest Rs 1.21 lakh crore in 2016-17.

  • Mobile app to deal with ticketing issues, complaints.

  • Information boards in trains, GPS based digital display inside coaches.

  • SPV with Japan for Ahmedabad-Mumbai Bullet train.


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