Budget 2017: Railways get Rs 55000-crore boost, with higher safety, no fare hikes.


There square measure indications that the Railways might gift a rosier image by deliberately keeping the expenditure figures low



Presenting a combined allow the primary time in ninety two years, minister of finance Arun Jaitley on Wed allotted Rs 55000-crore for the railways and same that the useful autonomy of the establishment are maintained. “Railways and roads square measure the lifeline of the country. Feel proud to gift the primary combined budget,” same Jaitley. The minister of finance disclosed that the railways can specialise in major areas like safety and cleanliness. He declared that the fitting of a Rs one large integer large integer special fund, Rashtriya Rail Sanrakshan Kosh (RRSK), for a five-year safety upgrade. remote-controlled level crossings are eliminated by 2020, Jaitley same. He conjointly same that the railways can inaugurate competitive ticketing facilities and withdrew the service fee on tickets reserved through IRCTC. a brand new railway system rail policy is additionally within the works, Jaitley disclosed. Among alternative things, Jaitley same that twenty five new railways stations are developed and five hundred stations are equipped with lifts and escalators for the differently-abled.

Finance Minister Arun Jaitley declared the arrange size for successive financial  for the Railways at Rs one,31,000 large integer as against Rs one.21 large integer large integer last year. He projected creation of ‘Rashtriya Rail Sanraksha Kosh’ (National Rail Safety Fund) with a corpus of Rs one large integer large integer. Emphasising on safety, the Budget projected elimination of all remote-controlled level crossings on the gauge network by 2020.
Addressing considerations of the differently-abled persons, Jaitley declared that five hundred stations would be created disbaled friendly. The Budget conjointly secure to equip all coaches with bio bathrooms and declared “Clean my coach’ App for passengers.
In order to encourage E-ticketing, Jaitley declared withdrawal of service charges from tickets reserved through IRCTC. Railway PSUs IRCTC, IRFC and Concor square measure to be listed on numerous stock exchanges.
Key highlights

# Railways and roads square measure the lifeline of the country. Feel proud to gift the primary combined budget, says Jaitley.


#  Jaitley announces Rs 55000 large integer for Railways.


# Railways can specialise in four major areas: safety, cleanliness, accounting reforms and…


# Safety fund with corpus of Rs one large integer large integer for 5 years.


# remote-controlled level crossings are eliminated by 2020


# can supply competitive ticketing facility. service fee whereas booking through IRCTC is withdrawn.


# Railway stations to be created otherwise abled-friendly by providing lifts, escalators: Jaitley


# By 2019, all coaches of Indian Railways are fitted with Bio-toilets: FM Arun Jaitley


# A proposal to redevelop twenty five new railway stations in FY18 was conjointly mooted.


# a brand new railway system rail policy are declared, this can open up new jobs for our youth: FM Jaitley.

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