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Railway Budget 2016: Know what to expect

The Railway Budget, to be presented by Union Minister Suresh Prabhu in the Parliament tomorrow, is expected to focus on capacity creation with an increased outlay of about Rs. 1.25 lakh crore.

Policy Pulse
Publish Date: Feb 24 2016 3:18PM | Updated Date: Feb 25 2016 6:29PM

Railway Budget 2016: Know what to expectphoto : Hrishikesh bhatt

The Railway Budget, to be presented by Union Minister Suresh Prabhu in the Parliament tomorrow,  is expected to focus on capacity creation with an increased outlay of about Rs. 1.25 lakh crore.

 

A substantial amount will be reserved for safety measurement, electrification, doubling and modernisation of yards to clear traffic logjams, a report said.

 

Prabhu may also announce introduction of many special trains with higher fares in popular routes and also may come out with a scheme for premium high-speed parcel trains.

 

The Centre is hoping to step up its drive to modernise the Railways by increasing investment in creating new capacity by 20-30 per cent in the budget.

 

Pantry cars in each trains may be re-modelled.

 

The focus of the budget will also focus on generating more income for the Railways.

 

The railway minister may also announce at least single unreserved compartments for passengers without reservation in each train. 

 

For this, additional coach may be added in express as well as mail trains. It is said to be an initiative of Prabhu, though high-ups in the ministry were not in favour as unreserved tickets fetch less amount than compared to sleeper classes.

 

The Rail Budget may also see introduction of AC suburban trains in Mumbai, which will be replicated in other areas as well.

 

Prabhu is expected to give details about the efforts taken by the Railways to keep stations and trains clean in his second Budget speech.

 

Those stations, which are being planned to be developed with private participation may be announced as “green stations”.

 

The minister may also announce emergency quotas for passengers who need to reach other destinations hurriedly, for the nation.