Rail Budget 2015: Suresh Prabhu’s 4 goals for Railways to transform over next 5 years

By: | Updated: February 26, 2015 2:07 PM

Railways Minister Suresh Prabhu while presenting the Rail Budget 2015 announced four goals to transform the India Railways.

Rail Budget, Rail Budget 2015m, Suresh PrabhuRailways Minister Suresh Prabhu while presenting the Rail Budget 2015 announced four goals to transform the India Railways. (PTI)

Railways Minister Suresh Prabhu while presenting the Rail Budget for financial year 2015/16 on Thursday announced four goals to transform the India Railways. Prabhu said Railways will monetise its existing assets rather than selling them to raise funds

Goal 1: To deliver a sustained and measurable improvement in customer experience.

Goal 2: To make Rail a safer means of travel.

Goal 3:  To expand Bhartiya Rail’s capacity substantially and modernise infrastructure.: increase daily passenger carrying capacity from 21million to 30 million: increase track length by 20% from 1,14,000 km to 1,38,000 km: grow our annual freight carrying capacity from 1 billion to 1.5 billion tonnes.

Goal 4: Finally, to make Bhartiya Rail financially self-sustainable. Generate large surpluses from operations not only to service the debt needed to fund our capacity expansion, but also to invest on an on-going basis to replace our depreciating assets.

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