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Friday, February 1, 2019

Railway Budget 2019 Highlights Friday Feb 01,2019


Railway Budget 2019: What a record!
Indian Railways, which is several times criticised for accidents and lack of safety, has made a unique record. According to Piyush Goyal, the gone year has been the safest for Indian Railways.

Railway Budget 2019: Operating Ratio target
Indian Railways, under Piyush Goyal, has improved its Operating ratio to 96.2% in the ongoing financial year.In the next financial year the aim of the national transporter will be to have it at 95 per cent.

Railway Budget 2019: Infrastructure vision
Indian Railways and other components of the infrastructure sector form the first important dimension of Modi government's 2030 vision for India. During the Budget speech, Piyush Goyal spoke of 10 important dimensions that will guide the government in its Vision 2030. According to Goyal next-generation infrastructure, both physical and social, for a $10 trillion economy will provide ease of living

Railway Budget 2019: Outlay
Union Finance and Railway Minister Piyush Goyal announced a Rs 64,587 crore outlay for Indian Railways for the upcoming financial year 2019-2020

Railway Budget 2019: SMART coaches
Indian Railways is making use of artificial intelligence to detect the health of not only coaches but also tracks. Several AI-enabled software are being used to make sure that any faults are detected early or can be prevented. Indian Railways recently rolled out a SMART AI-enabled LHB coach and plans to eventually make this a practise for all manufacturing in the future.


Railway Budget 2019: Mission Raftaar
Indian Railways has been focusing on de-congesting its vast network and Mission Raftaar aims to improve the average speed of both passenger and freight trains. With several stretches of the Dedicated Freight Corridor (DFCs) opening, the network will free up for faster movement of passenger trains. This will improve punctaulity of trains and result in capacity augmentation



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