Railway Budget 2016-17 Highlights : Suresh Prabhu Did not Hike Fares

The Railway Minister Suresh Prabhu presented the railway budget 2016-17 on 25 February 2016. The railway budget is a pioneer to the Union budget announced by the finance minister. Suresh Prabhu’s budget comes at a time when the railways is struggling in a financial crisis with passenger and cargo revenue falling which is straining the finances of the railways.

No hike in railway passenger fares

Several new trains announced

Railway hospitals to be set up

Increased focus on R&D

E-catering services in 400 stations

Gangmen will carry wireless instruments called #Rakshak that will notify them about approaching trains

Major stations to be brought under CCTV surveillance

GPS based display units in coaches

Reservation for SC/ST and women in catering unit

IRTC will begin to manage catering in a phased manner, local cuisine of choice will be made available

On demand reservation on trains

Time tabled freight trains

Indian Railway Budget 2016-17 Highlights
Indian Railway Budget 2016-17 Highlights

24X7 helpline for women safety

Propose to electrify 2000 km next year, increased electrification budget by 50%

Broad gauge line building target at 7 km/day

This is not only a moment for evolution of new idea but also an examination of last year’s momentum

We hope to generate revenue to the order of Rs 1,84,820 crore

Bankable rail projects are now assured of funding

E-booking of tickets on concessional passes for journalists introduced

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.

Indian Railways to introduce time-tabled freight trains by 2020

Railways to engage with multilateral agencies to raise resources for new projects

World’s 1st bio-vacuum toilet developed by Railways being used in Dibrugarh Rajdhani

Railways to introduce “Clean My Coach” service through SMS

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

Local cuisine of choice to be made available

Rail auto hub to be introduced in Chennai

On demand reservation on trains

Vending machines in coaches

Intend to raise low level platforms at Mumbai stations

Indian Railways have a saving of 8,720 cr from previous Budget Estimates

Railways looking at ways to improve revenues through new avenues, committed to improve quality of service

Railways plans to review freight policy to boost revenues

Rail Budget targets 92 per cent operating ratio in FY17

Rs 8.5 lakh crore to be invested in Railways over 5 years

E-catering has been introduced in 108 trains

Aim 20% increase in track lines to 138,000 kms

Passengers to Be Able To Book Food Options From IRCTC Website

Will Issue Unreserved Tickets On Smartphones Via Apps

Passengers Without Reservations Can Book Tickets in 5 Mins

Railways would utilize the Nirbhaya fund for augmenting safer travel for women

Over 65,000 berths added via new coaches; 17,000 more bio-toilets by FY16

Deendayal coaches in long-distance trains for unreserved travel

Railway hospitals to be set up

Increased focus on R&D

E-catering services in 400 stations

Social media is used to ensure transparency, switching over to paperless system, ensure projects get sanctioned on time

17,000 bio toilets in trains & additional toilets in 475 stations will be provided before close of this financial year

WIFI in 100 station this year

WIFI in 400 stations next year

Superfast train for unreserved

Focus on cleaner railways

Targeting zero accident regime

1780 automatic ticket vending machines to be installed

2 new locomotive factories to be set up under Make-In-India plan

The cross-subsidy from cargo to passenger operation has crossed Rs 30,000 crore this year while the Seventh Pay Commission burden is about Rs 32,000 crore. The Railways earned Rs 136,079.26 crore as against the target of Rs 141,416.05 crore during April-January period, a decline of 3.77 per cent.

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