Rail Budget 2016: Highlights

Rail Budget 2016: Highlights

FPJ Web DeskUpdated: Friday, May 31, 2019, 05:47 PM IST
article-image

Following are the day highlights of Railway Bidget 2016-17:

Also read: Rail Budget 2016 – Live Commentary 

* E-booking of tickets for accredited journalists: Prabhu

* 1,600 km of rail electrification this year, 2,000 km next fiscal

* Ticket cancellation via phone calls soon: Prabhu

* Railway safety record is better this year than previous years but much more needs to be done.

Download full texts of speech of Rail Budget 2016 

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

* E-catering from 40 stations now to 408 soon: Prabhu

* 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

* Envisaging capital expenditure of Rs.1.21 lakh crore

* 2,800 km of broad gauge track conversion envisaged

* Seven km of broad gauge lines to be commisssioned 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 nudgetary support

* Budget that reflects the expectations of the entire nation

* Making all-out efforts to translaste dream of Prime minister Narendra Modi into reality

* Aiming tom achieve operation ratio of 92 percent

* Saving of Rs.8,720 crore from last year’s estimates

* Envisaging capistal expenditure of Rs.1.21 lakh crore

* Railway Minister Suresh Prabhu presents Railway Budget for 2016-17 in Lok Sabha.

* These are challenging times, toughest time; facing dual headwinds: Prabhu.

* Core objective to become engine of economic growth create empolyment and provide customer service: Prabhu.

* Will exploit new sources of revenue beyond tariff revenue: Prabhu.

* Will commission 2,800 km of new tracks in next year.

* Railways to generate 9 crore mandays in financial year 2017-18 and 14 crore mandays in 2018-19, says Prabhu.

* Outlay for railway electrification increased by 50 per cent; 2,000-km route to be electrified next fiscal.

* Railways to get Rs 40,000 cr budgetary support from the government.

* 2000 km rail route to be electrified in 2016-17.

* Rs 30,000 crore is the loss on subsidising passenger fares, says Railway Minister.

* Railways to shift to completely paperless contract system in 2016-17, says minister.

* We have ramped up capital expenditure to remove the huge backlog and provide for future needs; rate of capital expenditure has increased: Prabhu.

* This year our investment will be Rs 1.21 lakh crore for 2016-17.

* 17 states agree to form JVs with Indian Railways for
construction of rail-over-bridges.

* 124 MPs have committed to contribute from MPLADS for passenger amenities

*Bids for setting up 2 locomotive factories finalised.

* 400 stations to be re-developed through PPP.

* Railway safety record is better this year than previous years but much more needs to be done.

* Baby food at stations, child menu on all trains

* Fully unreserved superfast trains coming on heavy traffic routes

* LIC to invest Rs.1.5 lakh crore at favoured terms: Prabhu

* Half of lower berths reserved for senior citizens: Prabhu

* With new uniforms, railway porters will become facilitators

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

* Three direct services – fully air-conditioned Humsafer to travel at 130-km per hour.

* 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 pc reservation to women in reserved quota in Railways will be introduced.

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

* Railways to increase lower berth quota for senior citizens by 50 per cent: Prabhu.

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

* Watchdog proposed for Indian Railways

* FM radio entertainment on trains

* First phase of new Kolkata Metro to be completed by 2018

RECENT STORIES

NCDRC Orders Compensation For A Woman Assaulted By RPF In 2012 Over Railway Ticket Issue

NCDRC Orders Compensation For A Woman Assaulted By RPF In 2012 Over Railway Ticket Issue

Shocking! UPSC Aspirant Duped, Raped On Pretext Of Pooja To Clear Exam

Shocking! UPSC Aspirant Duped, Raped On Pretext Of Pooja To Clear Exam

'Rahul Gandhi Will Lose...': Amit Shah Predicts Victory In Raebareli Seat

'Rahul Gandhi Will Lose...': Amit Shah Predicts Victory In Raebareli Seat

Kudos! Madhya Pradesh Girl Hoists Tricolour On Himalayan Peak

Kudos! Madhya Pradesh Girl Hoists Tricolour On Himalayan Peak

Jammu And Kashmir: 1 Dead, 4 Injured After Indian Air Force Convoy Attacked By Terrorists In Poonch

Jammu And Kashmir: 1 Dead, 4 Injured After Indian Air Force Convoy Attacked By Terrorists In Poonch