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.
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: