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Railway Budget 2016: Railway Minister Suresh Prabhu on Thursday asserted that the Rail Budget 2016-17 reflects the aspirations of the common man, and added that this is inspired by Prime Minister Narendra Modi's vision to make Indian Railways the backbone of India's progress and economic development. (Image Source: PTI)
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Railway Budget 2016: Suresh Prabhu, who is presenting his second budget in the Parliament, said Railway Budget 2016 , which reflects the aspirations of each and every member of the Indian Railways family. (Image Source: AP)
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Railway Budget 2016: "A budget that reflects the aspirations of the common citizens of India. This is a budget that has been fashioned by a creative partnership: with ideas from my colleagues in Parliament, industry associations, commuter associations and practically all sections of the society. I would like to thank each one of you," he added. (Image Source: PTI)
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Railway Budget 2016: Railway Minister Suresh Prabhu said co-operation, collaboration and communication are the hallmarks of Indian Railways' journey forward. "We need to reorganize and rejuvenate," he added. Suresh Prabhu said three pillars of the strategy: Nav Arjan (New Revenues), Nav Manak (New Norms) and Nav Sanrachna (New Structures) have been laid out to reflect the new thought process. (Image Source: PTI)
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Railway Budget 2016: "Nav Arjan (New Revenues): Exploit new resources of revenues so that every asset, tangible or non-tangible gets optimally monetised. Nav Manak (New Norms): A 'zero-based budgeting' approach to the financials of the ensuing year; improvemkent in efficiency yardsticks and procurement practices to bring them in line with international best practices. Nav Sanrachna (New Structures): Need to reimagining the conventional ways o solving issues, Co-operation, collaboration, creativity and communication to be hallmark of decision-making actions," said Suresh Prabhu. (Image Source: AP)
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