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Rail Budget 2016: Indian Railways earnings fail to meet Rs 141,416 crore target; outlay may be a mammoth Rs 1.25 lakh cr

Wed February 24 2016, 1:49 pm
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    Rail Budget 2016: As far as Indian Railways is concerned, according to sources, Rail Budget 2016 is expected to focus on huge capacity creation with a massively increased outlay of about Rs 1.25 lakh crore - Railway Minister Suresh Prabhu will make the announcement on February 25. The Indian Railways have earned Rs 136,079.26 crore as against the target of Rs 141,416.05 crore, a decline of 3.77 per cent. (Image Source: Reuters)

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    8. Indian Railways fares: Children under 5 years of age will be provided food in Rajdhani and Shatabdi Express trains without any charge. (Reuters)

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    Rail Budget 2016: Under Suresh Prabhu, "Indian Railways will execute only financially viable projects. Those projects which are financially not viable but economically and socially desirable will be undertaken through joint ventures with state governments,” the sources said. (Image Source: Reuters)

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    Rail Budget 2016: In suburban section, the Rail Budget will announce introduction of AC suburban trains in Mumbai, which will be replicated in other areas as well. The fare of AC suburban service will be higher than regular local train. (Image Source: Reuters)

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    Rail Budget 2016: Railway Minister Prabhu will give details about the concerted efforts being undertaken by the Indian Railways to keep stations and trains clean and environment-friendly in his second budget speech in Parliament on February 25. (Image Source: Reuters)

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    Rail Budget 2016: All 400 stations being planned to be developed with private participation for the Indian Railways are likely to be announced as “green stations” with several environment-friendly measures like generation of solar energy, recycling of water, conversion of waste to energy and use of LED lights to be incorporated in the plan. (Image Source: Reuters)

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