Rail budget 2016 - 17 Live ( Feb 25th )

Live Rail Budget 2016 - 17 ( Feb 25th )

Live Updates Available Here 11 AM On wards
Update from 11:00 AM

Also Read : Highlights of Railway Budget 2016 -2017

At 1.13 pm Railway Minister concluded his budget speech.

  • Joint venture with state government
  • Two dedicated freight corridors by 2019.
  • Setting aside Rs. 50 crore for providing innovation grants to start-ups.
  • Drones to be used for remote monitoring of ongoing projects.
  • more lower berths for senior citizens.
  • disabled enabled toilets
  • Porters to be trained in soft skills
  • Retiring room to be booked on hourly basis
  • Antoydya passenger for unreserved passengers.
  • 33% sub-quota for women under all reserved categories.
  • Will increase the advertising revenue by more than four times this year.
  • Intend to give special focus to exploring advertising potentials at big stations.
  • In-principal nod for MUTP projects received.
  • India's first rail auto hub to come up in Chennai.
  • Special purpose vehicle for the Ahmedabad-Mumbai high speech corridor registered this month.
  • A full-fledged market study on freight basket underway for revival of freight share.
  • Will partner with the Govt. of TN for developing suburban network in Chennai through innovative financing methods.
  • Will work with Karnataka State Government for suburban rails.
  • Ring Railway to be redeveloped in partnership with the Delhi government.
  • To develop 10 new good sheds in 2017
  • Propose to invite FM radio stations to provide train borne entertainment via PA systems
  • Intend to publish Rail Bandhu magazine in all regional languages.
  • Elevated rail corridors from Churchgate to Virar and CST to Panvel on the cards.
  • Will install GPS-based digital display in coaches for showing upcoming stations.
  • We intend taking up on priority passenger amenities and beautification of stations.
  • We have also revamped our internal audit system with view to bringing in efficiency in working practices.
  • Coolies will be called 'Sahayaks'.
  • Children's menu, baby foods, baby boards to be made available for travelling mothers.

  • Skilling of front-end staff employed through service providers.
  • Hi-tech centralized network of 20000 screens on 2000 stations.
  • Cabinet approved redevelopment of 400 stations
  • Freight basket commodities  to be expanded
  • Planning to re-imagine design of coaches.
  • IRCTC will make available local cuisine of choice, hygienic food.
  • All new Railway stations to be built as per Accessible India guidelines.
  • Introduced Sarthi Seva in Konkan Railways for help to senior citizens; will expand this service.
  • The cleaning of toilets by requests through SMS.
  • Appeal  to state to stagger work hours for smooth operation.

  • 2 elevated suburban train corridors in Mumbai Generate employment of 14 cr man days in 2018 -19 

  • Working with companies to offer travel insurance. 
  • High speed passenger corridor Mumbai - Ahmedabad
  • New policy of multi-purpose stalls at station to provide multiple services like milk and medicines.
  • Local cuisine of choice will be made available to passengers.
  • Extending e-catering to all rail stations.
  • IRCTC will begin to manage catering service in phased manner.
  • Will include e-ticket facility for foreign debit and credit card holders.
  • Will open cancellation facility through 139 helpline number.
  • Journalists to get facility of e-booking of tickets on concessional passes.
  • Baby food, hot water at stations
  • bar coding of tickets at major stations
  • double decker night trains on busy lines

  • 33% quota for women passengers

  • National Academy of Indian Railway at Vadodara
  • New locomotive factories to be set up at Rs. 44000 cr
  • New Mahamana express between Delhi and Varanasi
  • 17000  Bio-toilets
  • A single accident or loss of a single life causes me great sorrow and anguish.
  • Safety record has become better. 20% less accidents this year than last year but a lot needs to be done.
  • Walls of many stations have been converted to murals, also contributing to social awareness.
  • Railways to increase the quota of lower berths for women and senior citizens.
  • CCTVs coverage at all counters.
  • Wifi services at 100 stations this year
  • Installed CCTVs at 311 stations
  • Investment  target  1.2 lakh cr
  • Procure  electricity directly
  • Introduced 1,780 ticket-vending machines.
  • Swacch Bharat: 17,000 bio-toilets and additional toilets to be provided by end of this Fiscal Year.
  • 44 New projects 5300 km covered
  • MOUS with 6 states for joint ventures

  • Tenders to become paperless
  • The common people have always been the focus of all our initiatives.
  • We have received in-principle approval from 17 States to form joint ventures. Cabinet decision to allow JVs with States for rail projects opens new vistas for ownership in railway sector.
  • North-East India, especially Mizoram and Manipur, to be connected through broad gauge soon.
  • Started recruitment process online for Railways to bring 100% transparency.
  • Finalized bids for setting up 2 locomotive factories. New factories to be set up with an order book of Rs. 40,000 crore.
  • Indian Railways to surpass ambitious target of commissioning 2500 kms of broad gauge lines, almost 30% higher than last year.
  • Every Rupee in investment in Railways has the capacity to increase economy wide output of Rs. 5.

  • New freight corridors announced: Delhi-Chennai, Kharagpur-Mumbai, Kharagpur-Vijayawada.
  • Propose to electrification of 2000 km next year

  • Expect revenue growth of 10% this year
  • Rs. 8720 cr savings from last year
  • Target revenue is Rs.184820 cr up 10% 
  • will undertake zero based budgeting in coming year.
  • Need to reorganize, restructure, rejuvenate  railway
  • All unmanned level crossing will be remove by 2020
  • Plans to revive freight policy to boost revenue.
  • We are facing two headwinds: tepid growth of our economy’s core sectors, increased productivity bonus payouts.
  • The Railways stood test of time because of its employees.

  • Technology for safety.

  • Target Revenue  Rs.184820 cr up 10% of Revised target
  • Core objective is to become an engine of employment generation and economic growth at national level.
  • Railway Minister Suresh Prabhu : Budget reflects aspirations of  all Indians.
  • 3 Focuses: Revenue, Norms, Structure
  • Railway Minister Suresh Prabhu : Budget reflects aspirations of the people. 

Railway Minister Suresh Prabhu : PM said railways will be backbone of economy

Railway Minister Suresh Prabhu started to present his second Railway Budget in Lok Sabha.
Budget to be presented at any time now.
The budget Session will start from 12.00 hrs on wards. Now only 4 minutes remaining. 
Railway Minister Suresh Prabhu is going to present his second rail budget within minutes.
Hope to meet expectations
Union Railway Minister Suresh Prabhu reaches Rail Bhawan.
Railway Minster Suresh Prabhu said, Rail Budget has been prepared by keeping in view of aspiration, needs and concerns of people of nation.Hope we will be successful in addressing the needs and aspiration of people.
Copies of Rail Budget 2016 reached Parliament.
Everybody on last time preparation work.
Actual Budget Presentation expected to start at 12:01 PM itself.
Parliamentary Affair Minister Venkaiah Naidu : It will b a good Budget and in benefit of the nation

As everybody knows Indian Railway has a major role in the development of the country.  On 25th February, 2016  Railway Minster Sri. Suresh Prabhu is going to presents his second Railway Budget in the parliament.  Before the presentation of the Budget itself the Railway authorities are getting ready to give the answers for the questions asked by the public through twitter.
Rail Budget 2016 - 2017 February 25 Final Touch
Rail Minister Suresh Prabhu on Final Touch of Budget 2016 - 2017 February 25

And  Railway officially started web channel where common man can share their thoughts and opinions about Rail Budget 2016. Railway also launched New Micro - site for publishing Live Railway Budget information. 

We can say that Suresh Prabhu has been improving the efficiency, technology, speed, Safety, hygiene, and discipline of the Railway to some extent.  Now Railway becomes more passenger friendly, people can share their thoughts to authorities directly through many official web channels. After his fist budget he launched SMS, Web Complaint and Suggestions management System Portal, and Indian Railways experiment of using twitter as communication is a mega success. People are appreciating this effort. Railway Minister Suresh Prabhu said that “Twitter is one of several strategies being adopted by the Railways to improve its customer services. We respond to each telephone call, email and letter,”.

Steps taken for installing LED displays boards on inside coaches of selected trains also started. In this LED display boards, the passengers can see the route along with the expected time of arrival. It will be very helpful for passengers especially at  night. Railway is also planning to earn revenue by featuring advertisements on this LED display boards. Then it will be definitely an entertainment for the passengers.
  • Green initiatives,
  • Provided Wi-fi at all AL and A category stations. 
  • Digital India Initiative is going on for B category stations. 
  • Hand Held Terminals provided to TTES in Shatabdi trains for verification of passengers and downloading charts. 
  • Multi - Lingual( now Hindi Version) E-Ticketing portal launched. 
  • Modified Hot- Buttons, coin vending machines and single destination teller windows implemented. 
  • Increased  the number of mechanized laundries. 
  • Built-in Dustbins implemented. 
  • Introduced an SMS alert service in Rajdhani and Duronto trains to inform passengers in advance of updated arrival / Departure time of trains. 
  • Started to issue unreserved tickets on Smart phones. 
  • World's first Vacuum Bio-toilet launched. 
  • New Department called Environment and Housekeeping Directorate created for keeping station and train clean. 
  • Number of ATVM (Automatic ticket vending machine) increased. 
  • Number of toilets increased in stations etc. are some other initiatives.
Must Read: Emergency Train Ticket Confirmation Facility
Then also Railway needs lots of improvements in above mentioned sections and further more. The high fare of some AC trains, the quality and hygiene of food available in trains, availability of fresh and clean drinking water in train and platform, cleanliness of the toilets in trains and platforms, non availability of trains in some part of the country, demand of more coaches in the local trains, good and passenger friendly staffs etc. are all-time demand of the common man and it's still pending.

Metro Trains in more cities, Bullet trains, Mono trains to connect cities, execution of identified Railway work by corporate through Corporate Social Responsibility, the improvement and increase of freight charge and business for getting more revenue, strengthening network in strategic business routes,  proper management of rail construction companies for the timely completion of rail projects  etc.  needed special attention for a better Railway. In this budget we can hope for the best.  

Also Read: IRCTC Latest Food Menu Rates

For getting Live updates of Railway Budget 2016 - 2017 ( Feb 25th) , keep on visiting the site.

Budget Presentation Date : 25 - 02 - 2016 Thursday
Rail Budget Present Minister Name : Suresh Prabhu

Budget Presentation Time : 12:01 PM on wards

Indian Railway Budget 2016 - 2017 Latest Live Updates online available. Rail Minister Suresh Prabhu present this year Budget on February 25 2016.

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