Railway Minister, Mr. Suresh Prabhu, has finally announced the full fledged Railway Budget 2016-17 in the Parliament today. What is different in this year’s budget is that for the first time in the history, Railway invited suggestions from the public. Needless to say, it would have received countless suggestions and expectations. But has our government accepted any suggestions? Is our railway budget for the year 2016-17 passenger oriented? Does it focus on improving current scenario of trains rather than adding more new trains? With a lot of expectations riding on Mr. Suresh Prabhu, let’s find out what Railway Budget 2016-17 brings with it for us!
Highlights Of Railway Budget 2016-17
Below are the major highlights and key take aways from the 2016 Indian Railway budget presented in Rail minister Mr. Suresh Prabhu on February 25, 2016.
- To focus on Zero based budgeting approach.
- To focus on enhancing public private partnership.
- To focus on cleaner railways.
- To have time-tabled freight trains by 2020.
- Operating ratio of 92% expected from 2016-17.
- Expect to generate revenues to the order of Rs 1,84,820 crores.
- Expect revenue growth of over 10% in year 2016-17.
- Plans to commission 2,800km new tracks.
- To use I-T to improve safety standards.
- 8720 crores savings from last budget.
- LIC to invest Rs. 1.5 lac crore to fund railway projects.
- Connectivity in North-east regions will be improved.
- To introduce Wi-Fi services at 100 stations this year, 400 more stations over next two years.
- Dustbins in all non-AC coaches soon.
- Created additonal 65,000 berths.
- Passengers will be able to request for cleaning of toilets in train via SMS under ‘Clean My Coach’ service.
- No unmanned level crossing by 2020.
- 2 new loco factories with order book of Rs 40,000 crore to be set up under ‘Make in India’ initiative.
- Electrification of 2,000km route next year.
- Local cuisine of choice will be made available by IRCTC to passengers.
- To open cancellation facility through helpline number 139.
- To provide 17,000 bio-toilets and additional toilets by end of this year.
- Coolies will now be called ‘Sahayaks‘ and will be given soft skill training.
- To install digital display with GPS, in coaches to show upcoming stations.
- Antyodaya Express, long distance superfast train for unreserved passengers.
- To introduce fully unreserved superfast trains on dense traffic routes.
- Bar-coded tickets will be introduced.
- Ring Railway to be redeveloped in New Delhi.
- To introduce e-ticket facility with foreign debit and credit cards.
- CCTV cameras at Tatkal windows soon.
- 33% quota for women under all reserved categories.
- Children’s menu and baby food for travelling mothers.
- To increase lower berth quota for senior citizens by 50 %.
- No hike in railway fares.
Developing story, check back soon for more updates.
Read more on budget here.