Railway Budget 2020 highlights: New Indian Railways trains announced; big cheer for passengers

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Updated: February 1, 2020 1:13:51 pm

Railway Budget 2020 LIVE Updates: Indian Railways passengers cheer! Finance Minister Nirmala Sitharaman in her Railway Budget 2020 speech, as part of the Union Budget speech, announced big-ticket projects for Indian Railways.

Railway Budget 2020, Rail Budget 2020 Live StreamingRailway Budget 2020 LIVE: FM Sitharaman said that in the next few years as many as 150 private trains will be running on the Indian Railways network via the PPP model.

Railway Budget 2020 LIVE Updates: Indian Railways passengers cheer! Finance Minister Nirmala Sitharaman in her Railway Budget 2020 speech, as part of the Union Budget speech, announced big-ticket projects for Indian Railways. FM Sitharaman said that in the next few years as many as 150 private trains will be running on the Indian Railways network via the PPP model and that the RFQ invite has alrady been issued. She also said that in the coming years more Tejas Express-style trains will be introduced on key tourist routes.

In the Railway Budget 2020 speech, Sitharaman highlighted that Indian Railways has equipped several thousand railway stations with free high-speed WiFi. She also said that India’s first bullet train project between Ahmedabad and Mumbai is actively being tracked for completion on time. Indian Railways is also looking to set up solar power plants along tracks on railway land.

Budget 2020 LIVE: Track Union Budget 2020 LIVE updates here

Finance Minister Nirmala Sitharaman has announced that Indian Railways will set up a Kisan Rail via the Public-Private Partnership (PPP) model. The freight trains will help easy movement of perishable products of farmers. FM Sitharaman also highlighted Piyush Goyal-led Railway Ministry’s continued focus on safety, and how the number of consequential railway accidents has come down drastically. Track Financial Express Online for the latest updates from Railway Budget 2020:

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Railway Budget 2020 Live: Indian Railways Budget 2020 Live Coverage

Highlights

    12:55 (IST)01 Feb 2020
    Railway Budget 2020 Live: Indian Railways and PPP model

    Indian Railways is increasingly betting big on private sector participation through the PPP model. Railway Budget 2020 also points in that direction by talking of private trains and even developing the Bengluru suburban network on the lines of metro-style PPP model

    12:38 (IST)01 Feb 2020
    Railway Budget 2020: Unmanned level crossings eliminated!

    FM Nirmala Sitharaman has said that Indian Railways achieved the important target of eliminating the unmanned level crossings on its network. This goes a big way in enhancing safety on the Indian Railways network.

    12:36 (IST)01 Feb 2020
    Railway Budget 2020 Live: Bengaluru suburban network gets a boost!

    FM Nirmala Sitharaman announced that the Bengaluru suburban network will be developed along metro style PPP model

    12:13 (IST)01 Feb 2020
    Railway Budget 2020: 1000s of stations have WiFi!

    FM Nirmala Sitharaman announced that Indian Railways has managed to provide free high-speed WiFi connectivity at 1000s of railway stations across the country.

    12:09 (IST)01 Feb 2020
    Railway Budget 2020 Live: More Tejas Express-style trains

    FM Nirmala Sitharaman in her Railway Budget 2020 speech announced that more Tejas Express-style trains will be put into service by Indian Railways on key tourism routes. Tejas Express is a more premium version of the Shatabdi-style AC Chair Car trains.

    12:07 (IST)01 Feb 2020
    Railway Budget 2020 Live: Private participation in focus

    FM Nirmala Sitharaman spoke of Indian Railways inititaive to invite private players to operate trains on the Indian Railways network.  150 private trains are proposed to start running in the nest 3-4 years.

    12:05 (IST)01 Feb 2020
    Railway Budget 2020 Live: Big solar push

    Railway Budget 2020 by FM Nirmala Sithraman highlighted Indian Railways big solar plans ! The national tranporter will set up solar power plants along railway tracks on Indian Railways land.

    11:59 (IST)01 Feb 2020
    Railway Budget 2020 Live: Rs 100 lakh crore to be invested in India's infrastructure

    Finance Minister Nirmala Sitharaman spoke of Modi government's aim to allow for Rs 100 lakh crore investment in infrastructure wihich includes model railway stations, airports, housing for all, irrigation projects etc.

    11:51 (IST)01 Feb 2020
    Railway Budget 2020 Live: Indian Railways as an engine of growth

    As Modi government looks to realise its dream of the $5 trillion Indian economy, Indian Railways as the national transporter will play a crucial role in the growth of the economy.

    11:37 (IST)01 Feb 2020
    Railway Budget 2020 Live: Kisan Rail through PPP

    Railway Budget 2020 announced a big move for the benefit for farmers with FM Nirmala Sitharaman announcing a "Kisan Rail" for farmers that will be set up via the Public-Private Partnership model. The freight trains will help farmers transport their perishable products easily.

    11:35 (IST)01 Feb 2020
    Railway Budget 2020 Live: Indian Railways takes big step towards passenger safety

    To provide safe passenger services, the national transporter is likely to complete phase one of detecting defects in wheels as well as bearings of coaches, wagons and locomotives by this year. Indian Railways' move of shifting from manual inspection to machine-assisted automatic identification of defects will help in providing safe, efficient as well as economical services.  Read full story here:

    11:31 (IST)01 Feb 2020
    Railway Budget: New freight trains for farmers

    Finance Minister Nirmala Sitharaman announced new freight trains for farmers that will allow for quick movement of perishable goods.

    11:28 (IST)01 Feb 2020
    Railway Budget 2020 Live: Many Indian Railways' stations to be world-class soon!

    Soon, many stations including Nagpur, Sabarmati, Amritsar, Gwalior stations on Indian Railways network will be turned into world-class stations. The Indian Railway Stations Development Corporation Limited will undertake the redevelopment work of these stations, transforming them into airport-like hubs. Read full story here:

    11:24 (IST)01 Feb 2020
    Railway Budget 2020 Live: Era of slow-moving Indian Railways trains to end?

    Piyush Goyal recently said that to accelerate the fast-track development of Indian Railways, there is a need for support from the private sector. The speculations of privatisation of the network were dismissed by the minister, but he stressed on the need for a PPP funding model. Read full story here:

    11:21 (IST)01 Feb 2020
    Railway Budget 2020 Live: Getting passenger traffic on track

    Indian Railways has been losing out to roadways and the aviation sectors in terms of passenger traffic and the earnings from passenger fares have dipped in the last few quarters. That's a big worry for the national transporter, which is now looking to offer trains with better experience and punctuality.

    11:17 (IST)01 Feb 2020
    Railway Budget 2020 Live: Passengers of foremost importance

    Railway Budget 2020 would be aimed at conveying that passengers on the network can look forward to better services, with cleanliness in trains and stations, better ticketing systems, comfortable trael experience and seamless connectivity.

    11:09 (IST)01 Feb 2020
    Railway Budget 2020 Live: Indian Railways opens its first waste-to-energy plant!

    Recently, the first waste-to-energy plant of Indian Railways has been commissioned at Bhubaneswar! To give a boost to sustainable development, the plant was inaugurated at Bhubaneswar's Mancheswar Carriage Repair Workshop on January 22, 2020, by Member, Railway Board (Rolling Stock) Rajesh Agarwal. Read full story here:

    11:08 (IST)01 Feb 2020
    Railway Budget 2020 Live: Dedicated Freight Corridors to play important role

    Railway Budget 2020 will highlight how the Eastern and Western Dedicated Freight Corridors will  be a gamechanger for the Indian Railways network, allowing faster movement of freight trains. According to Railway Board Chairman VK Yadav, by end of 2021, both the Eastern and Dedicated Freight Corridors will be fully functional.

    11:05 (IST)01 Feb 2020
    Railway Budget 2020 Live: Mult-tracking on track!

    Railway Budget 2020 may focus on doubling and tripling of Indian railways tracks in order to decongest routes on the Golden Quadrilateral and routes that carry 96% of the railway traffic. By 2024, the doubling and tripling of railway tracks will be complete.

    11:02 (IST)01 Feb 2020
    Railway Budget 2020: FM Nirmala Sitharaman presents Union Budget 2020

    Railway Budget 2020 speech has begun with Finance Minister Nirmala Sitharaman presenting the Union Budget 2020

    10:57 (IST)01 Feb 2020
    Railway Budget 2020: Signalling gets a big push

    Looking to introduce ETCS-2 or European signalling system on Indian Railways tracks, Piyush Goyal-led Indian Railways is upgrading its infrastructure fast. Railway Budget 2020 is expected to provide direction on that front as well. Signalling upgradation is crucuail to allow faster movement of trains and to prevent choking or congestion of the network.

    10:55 (IST)01 Feb 2020
    Railway Budget 2020: New trains to be announced

    FM Nirmala Sitharaman in her Railway Budget 2020 speech may announce that 100 new routes have been identified for 150 private trains on the Indian Railways network. By 2024, private trains are expected to expand in a big way on Indian Railways.

    10:47 (IST)01 Feb 2020
    Railway Budget 2020 Live: Indian Railways saves crores with new types of trains

    The Western Railway zone is operating the highest number of HOG (head-on-generation) system equipped LHB trains on Indian Railways network. The HOG technology is eco-friendly. Also, it helps in reducing the operating cost of trains. During 2019-2020 (upto January 20, 2020), a net savings of Rs 32.22 crore has been recorded in this regard. The total net saving during the financial year 2019-2020 is expected to be around Rs 45 crore. Read full story here:

    10:46 (IST)01 Feb 2020
    Railway Budget 2020 Live: Amazon to ferry parcels in Mumbai local trains

    Soon, Amazon India will ferry parcels and goods in Mumbai local trains of the Central Railway zone. Till now, the parcels of the e-commerce giant were ferried by road. But now, it has been decided that the luggage compartment of the local trains will be used to get them to Mumbai's Chhatrapati Shivaji Maharaj Terminus railway station from Kalyan.  Read full story here

    10:32 (IST)01 Feb 2020
    Railway Budget 2020: Indian Railways offers airport-like stations

    Railway Budget 2020 may highlight how Indian Railways stations are being completely redeveloped on the PPP model to create airport-like transit facilities with separate entry and exit points and retail areas for passengers entertainment and comfort. 

    10:30 (IST)01 Feb 2020
    Railway Budget 2020 LIVE: Private players optimistic about running trains

    Ahead of Railway Budget 2020, Indian Railways has met several stakeholders and representatives of private sector majors to better underdtand how entry of private players can be allowed for running passenger trains on the Indian Railways network. Several players such as Bombardier, Talgo, Alstom, Siemens, Medha have expressed interest

    10:23 (IST)01 Feb 2020
    Railway Budget 2020 Live: No more waitlisting on trains!

    Railway Budget 2020 is expected to announce that soon passengers will be able to book train tickets on demand, without the worry of waitlisting. The idea is to introduce world-class private passenger trains to meet the growing demand on high density routes such as Delhi-Mumbai, Delhi-Kolkata. Read the full story here

    10:19 (IST)01 Feb 2020
    Railway Budget 2020 Live: New routes for bullet trains

    The Detailed Project Reports have been sanctioned for the following 6 corridors, and the projects may find mention in the Railway Budget 2020. The new routes are; Delhi-Chandigarh-Ludhiana-Jalandhar-Amritsar, Delhi-Jaipur-Udaipur-Ahmedabad, Delhi-Noida-Agra-Lucknow-Varanasi, Mumbai-Pune-Hyderabad, Mumbai-Nashik-Nagpur, Chennai-Bengaluru-Mysuru

    10:17 (IST)01 Feb 2020
    Railway Budget 2020 Live: Six more bullet train corridors coming soon!

    Railway Budget 2020 is expected to provide direction towards an era of high-speed travel in India. While the construction for the Ahmedabad-Mumbai bullet train corridor is on, six more routes have been identified for bullet train corridors. Read full story here

    10:06 (IST)01 Feb 2020
    Railway Budget 2020 Live: Railway fares to be hiked?

    Finance Minister Nirmala Sitharaman is unlikely to announce any railway fare hike in the Railway Budget 2020, since Piyush Goyal-led Railway Ministry had from January 1, 2020 hiked railway pasenger fares marginally.

    09:51 (IST)01 Feb 2020
    Railway Budget 2020 LIVE: Indian Railways to have SMART Yards

    Piyush Goyal-led Indian Railways comes up with the concept of SMART YARD in order to maintain trains. The SMART YARD will maintain rolling stock and will leverage ICT systems, sensors as well as data analytics to gather information on the conditions of rolling stock such as wheel defects, axle temperature, bearing condition, wheel profile, etc. before the train reaches the yard for its maintenance. Read full story here:

    09:42 (IST)01 Feb 2020
    Railway Budget 2020 Live: Indian Railways’ first vertical lift rail sea bridge coming up!

    The construction work of Indian Railways’ first vertical lift rail sea bridge is in progress in Tamil Nadu's Ramanathapuram district. The work on this bridge, which is a first-of-its-kind for Indian Railways, is likely to be completed within the next two years. Read full story here:

    09:24 (IST)01 Feb 2020
    Railway Budget 2020 Live: Swanky, faster trains coming soon!

    Railway Budget 2020 is likely to focus on allowing private sector operators to bring in world-class trains on the Indian Railways network. Read the top 5 expecatations from the Railway Budget 2020 here

    09:12 (IST)01 Feb 2020
    Railway Budget 2020 Live: All train coaches, wagons of Indian Railways to be RFID tagged by 2021

    To automatically and accurately track rolling stock as it moves, Indian Railways has decided to eqquip all rolling stock, including approximately 3,50,000 coaches and wagons with RFID tags by the year 2021. So far, around 22,000 wagons as well as 1,200 coaches have been equipped with RFID tags.Read full story here:

    09:00 (IST)01 Feb 2020
    Railway Budget 2020 LIVE: Indian Railways to compensate customers for delayed freight delivery

    Just like IRCTC, which compensates its customers for delays in its Tejas Express trains, Indian Railways plans to implement the same move. The Railway Minister recently said that Indian Railways should come up with a timetable for freight trains for timely delivery to its customers.Read full story here:

    08:51 (IST)01 Feb 2020
    Railway Budget 2020 live: How Indian Railways is maintaining punctuality of trains

    Recently, phase one of the RTIS (Real-Time Train Information System) has been commissioned by Bharat Electronics Limited. It will offer real-time train information to Indian Railways, thereby increasing its operational efficiency and improving passenger safety. The system has been commissioned through CRIS, the IT arm of the national transporter. Read full story here:

    08:42 (IST)01 Feb 2020
    Railway Budget 2020 LIVE: All trains to run on electricity by 2024!

    The Railway Ministry is planning to fully electrify the rail network. Piyush Goyal recently said that India is embarking on rapid electrification of Indian Railways network. He also claimed that by 2024, the entire network will be completely electrified. Additionally, the network of Indian Railways will become a Net-Zero emission network by 2030, he said. Read full story here

    08:31 (IST)01 Feb 2020
    Railway Budget LIVE: Private train Ahmedabad-Mumbai Tejas Express by IRCTC a big hit!

    VK Yadav, Chairman Railway Board while speaking to Financial Express Online said that the private train by IRCTC, Ahmedabad-Mumbai Tejas Express is doing well and is a hit among passengers. The newly introduced train is seeing over 90 per cent occupancy. The train was flagged off on 17 January this year. Read full story here:

    08:25 (IST)01 Feb 2020
    Railway Budget 2020 LIVE: Ban on unruly train passengers?

    Piyush Goyal-led Indian Railways has decided to ban passengers with unruly behaviour. Following the footsteps of airlines, the national transporter is mulling to ban such passengers who pose a threat to fellow travellers. Read full story here

    08:23 (IST)01 Feb 2020
    Railway Budget 2020 Live: Operating ratio under stress

    Railway Budget 2020 Live: Indian railways had set a target of 95% operating ratio for the current financial year. However, according to Railway Board Chairman VK Yadav that is under stress.

    Railway Budget was merged with the Union Budget by Modi government in 2016. In February 2017, the then FM Arun Jaitley became the first to present the Railway Budget as a part of the main Budget speech. The merger of the two budgets has been seen as an important reform to make accounting practices easier.
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