Indian Rail Budget 2016 – 2017

Indian  Rail  Budget  2016 – 2017 India Railway Minister Suresh Prabhu disclosed the Indian  Railway  Budget  2016 – 2017 in Parliament on 25 FEB.
Stressing on the need for constant innovation, Railway Minister Suresh Prabhu in his second Railway Budget speech said, “We need to re-imagine the conventional ways of solving things. We plan to do this by drawing upon our inherent strengths.”

Indian  Rail  Budget  2016 – 2017

Indian Rail Budget 2016 - 2017
Indian Rail Budget 2016 – 2017


By 2020, long-felt desires of the common man to be fulfilled i.e, reserved accommodation on trains available on demand, time tabled freight trains, high end technology to improve safety record, elimination of all unmanned level crossings, improved punctuality, higher average speed of freight trains, semi high speed trains running along the golden quadrilateral, zero direct discharge of human waste.
Financial Performance 2015-16: Savings of Rs. 8,720 crore neutralizing most of the revenue shortfall, expected Or 90%.
Make in India:Finalised bids for two loco factories; proposed to increase the current procurement of train sets by 30%.


Indian Rail Budget 2016 - 2017
Indian Rail Budget 2016 – 2017

Indian  Rail  Budget  2016 – 2017

Some of the key points:

1.No changes in passenger fares and freight rates in Railway Budget for 2016-17.

2. World’s first Bio-vacuum toilet developed by Indian Railways is being used in Dibrugarh Rajdhani express

3. Children’s menu, baby foods, baby boards to be made available for travelling mothers.

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

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

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

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

8. Direct procurement of diesel to help save Rs 1,500 crore in 2016-17.

9. Time-table freight container train to be run on pilot basis.

10. Railways to borrow Rs 18,580 crore in 2016-17 fiscal.

11. The minister said 17000 bio toilets and additional toilets at 475 stations will be provided before the close of this year.

12.  Railways to increase lower berth quota for senior citizens by 50 per cent.

13.  Children menu to be introduced on pilot basis on trains.

14. 33 pc reservation to women in reserved quota in Railways will be introduced.