Railway Budget 2021
Finance Minister Ms Sitharaman will present the ninth budget of Prime Minister Narendra Modi’s government in the Lok Sabha at 11 am on 01.02.2021. Earlier, the railway budget and the Union Budget were presented separately. However, the long-run practice came to an end in 2016, and the railway budget merged with the Union budget.
Budget 2021 for Railway
- The finance minister said the Railways would take up the future dedicated freight corridor projects — East Coast Corridor from Kharagpur to Vijaywada, East-West Corridor from Bhusawal to Kharagpur to Dankuni, and North-South Corridor from Itarsi to Vijaywada. She further added the detailed project report would be undertaken in the first phase.
- She also mentioned 100% broad gauge route electrification would be completed by December 2023.
- Stressing on the passenger convenience and safety, she said the Railways would introduce the aesthetically-designed vista dome Linke Hofmann Busch coaches on tourist routes for a better travel experience for passengers.
- The Finance minister also announced two new technologies — metro lite and metro neo — to provide metro services at much less cost with the same experience, convenience in tier II and tier III cities and peripheral areas.