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Showing posts from February, 2015

Highlights of Railway Budget 2015-16

Railway Budget presented in Parliament proposed measures to make Indian Railways prime mover of Indian Economy once again. It seeks resource mobilization for higher investment, decongestion of heavy haul routes and speeding of trains and project delivery, better passenger amenities and safety, and to make railways a preferred mode of transport for masses. Presenting the Budget in Parliament, Railway Minister, said that all critical initiatives proposed will be pursued in mission mode. The Budget proposals have set four goals to transform Indian Railways over next five years which are- A sustainable and measurable improvement in customer experience, Make rail a safer means of travel,  Expansion of capacity substantially , Modernization of infrastructure and finally to make railways financially self-sustainable.  To achieve these goals the budget proposes five drivers which include adopting a medium-term perspective plan consisting of White Paper, a Vision-2030 document and a