Railway minister Mr. Suresh Prabhu announced Rail Budget 2016.
- • Railways to get Rs 40,000 crore budgetary support from the government
- • Rs 8.5 lakh crore to be spent over 5 years for modernization of railway infrastructure
- • Railway electrification increased by 50%; 2,000km route to be electrified next fiscal
- • Completely paperless contract system in 2016-17
- • WiFi in 100 stations this year and 400 other stations next year
- • To have CCTV surveillance at all stations, 300 major stations covered this year
• Enhanced capacity of e-ticketing system – from 2000 tickets a minute to 7200 a minute
- • 44 new projects valued at Rs 92,714 crore to be implemented this year
- • 2 locomotive factories at the cost of Rs 40,000 crore to be set up
- • 400 stations to be re-developed through PPP
- • Overnight double-decker train Uday Express to be introduced on busiest routes, carrying capacity to be increased 40% more
- • Lower berth quota for senior citizens to be increased by 50%
- • Will introduce sub-quota of 33% for women in each of the reserved categories in catering
- • 17,000 additional bio-toilets to be provided by the end of current fiscal
- • 2,800km of broad gauge track conversion envisaged
- • 7km of broad gauge lines to be commissioned every day during 2016-17
- • Three direct services, fully air-conditioned Humsafar, to travel at 130km per hour
- • To introduce 20,000 screen rail display network for passing info to passengers and huge advertising potential
- • 17 states agree to form JVs with Indian Railways for construction of rail-over-bridges
- • Direct procurement of diesel to help save Rs 1,500 crore in 2016-17
- • LIC to fund Rs 1.5 lakh crore over five years on favourable terms
- • Rs 50 crore to be provided for startups by railway employees
- • Commission 2,800km of new tracks in next year, almost 30% higher than last year