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Wednesday, February 1, 2017

NDA Govt Budget 2017-18 - Highlights of Budget Proposals for Railways

Highlights of Budget Proposals for Railways



Railway Budget Merged with General Budget 2017-18

Plan size for the next fiscal for the Railways at Rs 1,31,000 crore as against Rs 1.21 lakh crore last year.

creation of 'Rashtriya Rail Sanraksha Kosh' (National Rail Safety Fund) with a corpus of Rs 1 lakh crore

elimination of all unmanned level crossings on the broad gauge network by 2020

500 stations would be made disbaled friendly.

commissioning of new railway lines of 3,500 km will against 2,800 kms in 2016-17

to equip all coaches with bio toilets and announced "Clean my coach' App for passengers

withdrawal of service charges from tickets booked through IRCTC

Railway PSUs IRCTC, IRFC and Concor are to be listed on various stock exchanges

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