Tag Archives: Railway Budget

Sectorwise Beneficiaries of Railway Budget 2016-17

Sectorwise Beneficiaries of Railway Budget 2016-17 Sectorwise beneficiaries of the Railway Budget 2016-17 has been complied and given below: – Interest group/Subject Initiatives in Budget SAFETY 946 ROB/RUB sanctioned Launch Mission Zero accident Eliminate all unmanned BG crossings in next 3 years Equip the high density network (10,000Kms) with TCAS in next 3 years PROJECT/… Read More »

Highlights of Railway Budget 2016-17 in Q & A Format

Highlights of Railway Budget 2016-17 in Questions and Answers Format (Q & A Format) For the Convenience, the Highlights of Railway Budget, 2016-17 have been complied in questions and answers format which is given below : –  Rail Budget 2016-17 What is the theme of this Budget? To Reorganise, Restructure and Rejuvenate Indian Railways. A… Read More »

Key takeaway of Railway Budget 2016

No Hike in Passenger Fare 65,000 Additional Berths and 17,000 Bio Toilets to be Installed  Operations Audit to Improve Punctuality of trains Proposed  Wi Fi Facilities in 400 more Stations  Stations to be Developed Under PPP Mode  Award of Civil Contracts for Dedicated Freight Corridor to be  Over by the end of this Financial Year … Read More »

51% increase in outlay for Himachal in Rail Budget

Union Health Minister Shri J P Nadda hails 51% increase in outlay for Himachal in Rail Budget Projects will improve connectivity in Himachal Pradesh: J P Nadda Union Health and Family Welfare Minister Sh. J P Nadda today thanked the Union Railway Minister Sh. Suresh Prabhu for increasing the outlay of railway projects for Himachal… Read More »

PM’s reaction on Railway Budget 2016-2017

PM’s reaction on Railway Budget 2016-2017 प्रगतिशील राष्‍ट्र की गतिशील रेलवे के लिए एक विचारशील बजट प्रस्‍तुत करने के लिए, मैं रेलमंत्री सुरेश प्रभु को बहुत-बहुत बधाई देता हूँ। इस बजट में गरीबों की गरिमा, महिलाओं का गौरव, युवाओं का उत्‍साह एवं मध्‍यम वर्ग की मुस्कान बढ़ाने का भरसक प्रयास किया गया है। पिछले वर्ष… Read More »

Railway Exploring for Redevelopment of Stations

Railway Exploring Multilateral Financial Investment Partnership with State Governments for Redevelopment of Stations National Academy of Indian Railways at Vadodara to be upgraded as Rail University Presenting Railway Budget 2016-17 in Parliament today, the Minister of Railways Shri Suresh Prabhakar Prabhu said that Redevelopment of stations using different models is being experimented. Based on one… Read More »

Railways Vision 2020 to meet Long Felt Desires of Common Man

Railways Vision 2020 to meet Long Felt Desires of Common Man The Minister of Railways Shri Suresh Prabhakar Prabhu has said that by 2020, Indian Railways look forward to meet the long-felt desires of the common man such as reserved accommodation on trains being available on demand, time tabled freight trains with credible service commitments,… Read More »

IRCTC Process of Empanelling Self-Help Groups for Providing Catering/Cooking Services

IRCTC has Begun the Process of Empanelling Self-Help Groups for Providing Catering/Cooking Services Indian Railways Encourage Sourcing of Products FROM SC/ST Entrepreneurs The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said “Last year, I had appealed to various NGOs and Civil society to help Indian Railways… Read More »

Indian Railway’s mission is to ensure 100% transparency

Indian Railways for 100 per cent transparency in all its Operations The Minister of Railways, Shri Suresh Prabhakar Prabhu said that the transparency is an important tenet of this Government. Presenting the Railway Budget 2016-17 in Parliament today he said , Indian Railway’s mission is to ensure 100% transparency in all its operations. He said,… Read More »

Railway Initiatives taken to improve Passenger Ammenities

Initiatives taken to improve Passenger Ammenities The Minister of Railways, Shri Suresh Prabhakar Prabhu said that the common people have always been the focus of all initiatives by the Indian Railways. Presenting the Railway Budget 2016-17 in Parliament today, he said, it has been an unprecedented year for customer oriented works and Indian Railway’s responsiveness… Read More »

Railways to ensure independence of Rail Development Authority

Railways to ensure independence of Rail Development Authority The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that Indian Railways will ensure the independence of Rail Development Authority which was proposed last year to enable fair pricing of services, promote competition, protect customer interests and determine efficiency standards. He was introducing the Railway Budget… Read More »

AYUSH Systems in 5 Railway Hospital

‘AYUSH’ Systems in 5 Railway Hospitals Introduced Gang Men will be Provided with Devices Called ‘Rakshak’ for Promoting Research in Key Policy Areas Two Chairs Set Up The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said that he was proud to lead a work force that… Read More »

Fully unreserved Superfast train service for common man

Antyodaya Express and Deen Dayalu Coaches to be Introduced for the Unreserved Passenger Humsafar, Tejas and Uday Train Services to be Introduced for the Reserved Passenger The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament today proposed to introduce the Antyodaya Express, a long-distance, fully unreserved, superfast train service,… Read More »

Railway Proposes to Set Up SRESTHA

Railway Proposes to Set Up ‘SRESTHA’- A R&D Organization Bringing Most of IR Companies Under an Umbrella of a Holding Company The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today announced to set up a R&D organization, a Special Railway Establishment for Strategic Technology & Holistic Advancement,… Read More »

Railway Planned Two New Corridors for Mumbai Suburban Train

Two New Corridors Planned for Mumbai Suburban Train Ring Railway System in Delhi to be Reviewed Suburban Systems to be developed in Bengaluru and Thiruvananthapuram The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament today said that two new corridors for Mumbai suburban train viz. Churchgate- Virar and CSTM… Read More »

Increased Outlay for Electrification of Railways

Increased Outlay for Electrification of Railways The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget for 2016-17 in Parliament today said that electrical traction is more economical besides being environment friendly. In a business-as-usual approach, it may take us 10 to 15 years to complete the required electrification which government is… Read More »

Railway to set up Dedicated Team – Sutra for Innovation

A Dedicated, Cross Functional Team – Sutra to Be Set Up Rs. 50 Crore to Support Internal and External Innovation Innovation Committee to be Headed by Shri Ratan Tata The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today announced that a dedicated, cross functional team called Special… Read More »

Railways to implement EPC mode for undertaking works

Railways to implement EPC mode for undertaking works The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that Engineering Procurement and Construction (EPC) mode will be implemented for allotting works to ensure participation of large professional players and minimizing cost and time overruns. While introducing the Railway Budget for 2016-17 in Parliament today, the… Read More »

Sale of Rail Tickets through Helpline Terminals for Short Distance Travellers

E-Booking of Tickets on the Concessional Passes for Journalists to be Introduced Sale of Tickets through Helpline Terminals for Short Distance Travellers The Minister of Railways Shri Suresh Prabhakar Prabhu said that Indian Railways intends to commence sale of tickets through hand held terminals for the benefit of the suburban and short distance travelers. This… Read More »

Railway to give high priority to Dedicated Freight Corridor project

Dedicated Freight Corridor project to be Given high priority The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that the Dedicated Freight Corridor project, the largest infrastructure project in the country, is gaining momentum. Presenting the Railway Budget 2016-17 in Parliament today, he said it is proposed to take up the following freight corridors:… Read More »

Railway Minister proposed to reorganize the Railway Board

Indian Railway for Reorganization of Railway Board The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today announced the Structural Interventions in Railways. Railway Minister said that a departmental orientation, absence of cross-functional collaboration and lack of business focus have held back Bhartiya Rail from realizing the commanding… Read More »

Better Rail connectivity to North East & Jammu and Kashmir

Better Rail connectivity to North East & Jammu and Kashmir The Minister of Railways Shri Suresh Prabhakar Prabhu has said that better connectivity to the North Eastern States is of utmost priority for the Indian Railways. Presenting the Railway Budget 2016-17 in Parliament today he said, Indian Railways have opened the long-awaited Broad Gauge Lumding-Silchar… Read More »

Railways to Partner with State Govt for Operation of Tourist Circuit Trains

Railways to Partner with State Governments for Operation of Tourist Circuit Trains The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said that Tourism holds great potential for economic development and job creation. Indian Raileays will be partnering with the State Governments for operating tourist circuit trains… Read More »

Avataran -7 Mission of Railway for Transformation of Indian Rails

Transformation of Indian Railways through Avataran – seven Mission mode activities The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in the Parliament today has proposed to transform Indian Railways through seven Mission activities – Avataran. These missions are: Mission 25 Tonne – It aims to increase revenue by augmenting… Read More »

Railway to Start Time Tabled Freight Container/ Parcel Train

Time Tabled Freight Container /Parcel Train to be Started this Year The Minister of Railways Shri Suresh Prabhakar Prabhu proposed three solution sets for reversing the trend of declining modal share of freight trains – expanding the freight basket of Indian Railways, rationalising the tariff structure and building terminal capacity. The freight basket of Indian… Read More »

Railways Launches New Site for Railway Budget 2016-17

Indian Railways Launches a New Micro – Site for Railway Budget 2016-17 Update and Budget Watch Indian Railways has started a new micro-site for latest Railway Budget update and live budget watch.  It will be a one-stop shop for all Railway budget related information.  One can watch budget live also here. Its URL is http://www.railbudget2016.indianrailways.gov.in… Read More »