Railway Minister Suresh Prabhu on Thursday presented railway budget for 2016-17 promising to address the issues concerning all stakeholders. There is no mention of railway fare hike bringing a cheer from the passengers.
*2000 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.
*Railways to get Rs 40,000 Cr budgetary support from the government.
*33 percent reservation to women in reserved quota in Railways will be introduced.
* 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
* New R&D organisation to be established
* Rs.50 crore to be provided for start-ups by railway employees
* E-catering to be extended to all stations
* Local cuisine of choice to be made available to rail passengers
* 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
* To increase lower berth quota for senior citizens by 50 percent
* Dedicated freight corridors envisaged for North-South, East-West and East Coast alignments
* 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 to achieve operation ratio of 92 percent
* Saving of Rs.8,720 crore from last year’s estimates
* Outlay for railway electrification increased by 50 percent; 2,000 km route to be electrified in next fiscal.
* Railways to generate 9 crore man-days in the financial year 2017-18 and 14 crore man-days in 2018-19.