Railway Budget 2019 – 2020

Railway Budget / Union Budget 2019 - 2020
Railway Budget / Union Budget 2019 - 2020

Railway Budget 2019 – 2020

Railway Budget 2019 as well as Union Budget 2019 – 2020 is presenting by India’s first full-time women Finance Minister Nirmala Sitharaman on July 5, 2019 in Parliament. The Modi government will lay out budget estimates and present the annual statement for Indian Railways. This is for the first time that FM Sitharaman will rise to present Railway Budget and Union Budget in Parliament.

Railway Budget was merged with the Union Budget, in 2017, putting an end to the 92-year-old tradition of presenting it separately. The tradition of presenting the rail budget separately was a colonial era policy of British government based on the report by 10-member Acworth Committee in 1924.

July 1st 2019 on-wards Indian Railway revised the Train Time Table. Click here to get the latest New Train Time Table 2019 – 2020 details

Jaitley had promised bullet trains, revamp of signalling systems, CCTVs, Wi-Fi, escalators and other such services at stations, in his Rs 1.48 lakh crore budget for the Indian railways.

The country’s largest employer, the Indian railway, will once again be showered with sops in the upcoming budget. But there are areas in this department of 14 lakh employees which deserve greater attention than others, this including Safety, Expansion, Modernisation

Railway Zone Wise Budget 2019 – 2020 Details

Railway Zone wise budget 2019 – 2020 details are following.

Railway Budget / Union Budget 2019 - 2020
Railway Budget / Union Budget 2019 – 2020

Northern Railway : Railway Budget 2019 – 2020

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Doubling works of Varanasi-Moradabad by passing Lucknow, with fly-over at Unnao.
(200 Crore)
Doubling works of Bareilly-Chandausi-Aligarh (167.74 km.) (2226 Crore)

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  • Provision of 2 additional platforms, twin single line, intermediate block signaling, automatic block signaling, crossing stations, platform facilities and development of terminals. (322 Crore)

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  • Primary track renewal work namely through rail renewal, through sleeper renewal, increasing sleeper density and through bridge timber renewal. (413 Crore)

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  • Replacement of girders/ slabs, rehabilitation/strengthening of sub-structure and super structure, rebuilding of bridges, bridge projection works and additional water-way (120 Crore).

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  • Replacement of over aged signalling assets in station sections and block sections (98 Crore)
  • Reliability improvement and selective replacement of signalling items (83 Crore)
  • Safety enhancement through signalling system ( 36 Crore)
  • Provision of train management system for 32 stations in Delhi area (70 Crore)
  • Repair of quad cable and provision of tunnel radio communication (22 Crore)

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  • Provision of 26 nos. of escalators for Delhi area (10 Crore)
  • Provision of End on generation testing facilities works (01 Crore)

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  • Automatic coach washing plant at 50 locations (01 Crore)
  • Automation in working, inspection, record keeping and record transmission in workshops. (01 Crore)
  • Up gradation/improvement in infrastructure and augmentation of maintenance and manufacturing capacity of mechanical workshops(10 Crore)
  • Up gradation of rolling stock, maintenance facilities in open line (75 Crore)
  • Up gradation and augmentation of freight wagon maintenance facilities, disaster management rolling stock management facilities and steam track related maintenance facilities in open line (50 Crore)
  • Creation of infrastructure and test setup at Diesel shed for homing of Electric Locomotives (01 Crore)
  • Up gradation and augmentation of Electric and Diesel Locomotives maintenance and production facilities (01 Crore)

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  • New Delhi station- Up-gradation of passenger amenities and various other works (8 Crore)
  • Delhi Main Station- Development of station (8 Crore)

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  • Construction of new barracks for Railway Protection Force/Railway Protection Special Force, replacement of existing dilapidated barracks and construction of RPF/RPSF offices and Post/Thana.(60 Crore)
  • Construction/Improvement of service building, hospitals, institutes, community halls, roads (other than station approach roads)hostels, parks, stadiums etc.(50 Crore)

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  • Construction of Road Over Bridge/Road Under Bridge (400 Crore)

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South Eastern Railway : Railway Budget 2019 – 2020

The highlights of regular budget of different Plan Heads for the year 2019-20 over South Eastern Railway are given as under in comparison with interim budget allocations:-

  • Full budget allocations are Rs. 2523.46 crores
  • Interim budget allocations were Rs. 2415.64 crores
  • Budget increase in 4.46 % in comparison to Interim Budget

The important items of regular budget and its sanction amount in different Plan Heads are enumerated below:-

  • Doubling-Rs. 833.50 crores
  • Track Renewals-Rs. 658.00 crores
  • Road Safety Works-Road Over Bridge/Road Under Bridge-Rs. 260.31 crores
  • Passenger Amenities- Rs. 175.42 crores
  • Traffic Facilities-Rs. 130.72 crores
  • Signal andTelecom Work-Rs. 125.95 crores
  • Electrical Works andTraction Distribution –Rs. 80.21 crores
  • Road Safety Works-Level Crossing-Rs. 61.84 crores
  • Bridge works-Rs. 46.66 crores etc.

South Western Railway : Railway Budget 2019 – 2020

Maintaining the momentum o­n capacity enhancement through accelerated investments and execution:

Railway Infrastructure would need an investment of Rs.50 lakh crores between 2018-2030. It is proposed to use Public-Private Partnership to unleash faster development and completion of tracks, rolling stock manufacturing and delivery of passenger freight services.

Capex for 2019-20 has been pegged at Rs 1,60,176 crore, which is 20 % higher than the previous year. Capex planned for 2019-20 is Rs.2536 Cr. for SWR.

Electrification of the entire BG network by 2021-22. Electrification of 7000 Route Kms has been targeted in 2019-20. In SWR 466 Route Kms is planned for electrification.

The target of new lines, gauge conversion and doubling/tripling etc. for 2019-20 is 3750 kms against 3596 kms in 2018-19. In 2019-20 SWR has achieved 227 Kms of doubling and 43 Km of new line. It is proposed to double Railway track in 266 Km in 2019-20 in South Western Railway.28 Km of new line between Gangavathi and Karatagi is slated for commissioning in SWR in this financial year.

Fast tracking the construction of the two Dedicated Freight Corridors. The two DFCs are targeted to be completed in phases by 2021 out of which Khurja-Bhaupur section o­n Eastern DFC and the Rewari-Palanpur section o­n Western DFC targeted for completion this year (2019-20).

Completing the dedicated freight corridor project will free up some of the existing railway network for passenger trains.

Mumbai-Ahmedabad High Speed Rail (MAHSR) project is progressing well and is targeted for completion by 2023.

Railways will be encouraged to invest more in suburban railways through Special Purpose Vehicle (SPV) structures like Rapid Regional Transport System (RRTS) proposed o­n the Delhi-Meerut route.

In this regard it is to mention that SPV constitution for Bengaluru suburban Railway is in advanced stage.

Continued focus o­n Safety:

2018-19 has been the safest year in the history of Indian Railways. Elimination of Unmanned level crossings o­n Broad Gauge network has been achieved. SWR has turned Unmanned level crossing gate free in Oct.2018.

Railways is now planning to eliminate all 2,568 manned level crossings o­n Golden quadrilateral and golden diagonal routes in mission mode by constructing ROBs/RUBs. In SWR also elimination of all manned LC gates is being taken up in phased manner. It is planned to construct 97 ROB/RUBs. These routes carry 50-60% of passenger and freight traffic. This will lead to not just easing railway movement but also road movement by ensuring safe, smooth and fast movement of vehicular traffic at level crossings.

Automatic Train Protection (ATP) system using a mix of proven European Train Control System (ETCS) and an indigenous developed system to enhance safety, create additional capacity and increase efficiency in train operations.

Enhancing passenger experience and security:

Launch of a massive programme of railway station modernization to make railway travel a pleasant and satisfying experience for the common citizen.

In SWR 3 stations i.e. Mysuru, Yesvantpur and Dharwad are planned for development this year.

The introduction of fully indigenous semi high-speed Train-18:

Railway has planned to provide Wi-Fi at all stations excluding halt stations to improve rail travel experience and bridge the digital divide between the rural and urban citizens. Till now this facility has been provided at 1,603 stations and balance 4,882 stations are targeted for provision by August 31, 2019 under the ambitious 100 days program of the Government. In SWR 153 stations have already been provided with Wi-Fi and it is proposed to provide Wi-Fi at 123 more stations by end of Aug.2019.

Railway has planned to provide CCTV based Surveillance System at all stations (excluding halt stations) and in trains by using state-of-the art video surveillance technology to enhance safety of passengers. CCTV Surveillance System at 455 railway stations have been provided and balance stations are targeted by 2020-21. Similarly, 1,203 coaches were equipped with CCTV Surveillance System and balance passenger carrying coaches are targeted by 2021-22.

In SWR 4 stations have been provided with IP enabled CCTV Surveillance System and at 11 stations CCTV systems are working

Skilling Railways:

Scheme of Integrated Skill Development will be launched where all 13 lakh employees of Railways will be given a foundational training. This Programme will focus o­n 3Cs – The Customer, Cost and Work Culture. Those who demonstrate high learning agility and greater skill mastery at this level can be offered an Advanced Program in the same skill area.


Railway Budget 2019 – 2020 Live Updates

01.40 P.M.:-

  • Import of defence equipment not manufactured in India are being exempted from basic customs duty
  • Fully automated GST Refund module shall be implemented; multiple tax ledgers to be replaced by one; invoice details to be captured in a central system
  • We are further simplifying #GST regime; a simplified single monthly return being rolled out; taxpayers with annual turnover less than 5 crore need to file only quarterly returns
  • Surcharge on individuals having taxable income from 2 crore – 5 crore and 5 crore and above to be enhanced, so that effective tax rate will increase by around 3% and 7% respectively
  • Business establishments with annual turnover more than 50 crore rupees may offer low-cost digital payments; no charges or merchant discount rates to be imposed on customers or merchants for these
  • To discourage business payments in cash, Tax Deduction at Source of 2% to be levied on cash withdrawal exceeding 1 crore rupees in a year from a bank account
  • Slew of measures to be taken to promote Digital Payments
  • Faceless income tax assessment in electronic mode involving no human interface to be launched this year in a phased manner, to reduce taxpayer harassment
  • PAN and Aadhaar to be made interchangeable for convenience of tax payers; Income Tax returns can now on be filed using Aadhaar number, if PAN card not available
  • Relief in levy of Securities Transaction tax to be provided

01.15 P.M.:-

  • Several direct tax incentives to be provided to International Financial Services Centre to incentives IFSCs

01.10 P.M.:-

  • To provide further impetus to affordable housing, additional deduction of 1.5 lakh rupees on interest paid on loans borrowed upto 31 Mar, 2020 for purchase of house up to 45 lakhs
  • Govt. has already GST_Council to reduce tax rate from 12% to 5%; additional income tax deduction of 1.5 lakh rupees on interest paid on loans taken to purchase electric vehicles

01.05 P.M.:-

  • No Income Tax for income less than Rs.5 Lakh per year

01.00 P.M.:-

  • We envision India to become the global manufacturing hub of electric vehicles
  • Scheme to be launched to invite global companies to transparent competitive bidding, to set up mega manufacturing plants in sunrise and advanced tech areas such as solar electric charging infra and computer servers
  • A new series of coins of denominations : 1 rupee, 2 rupee, 5 rupee, 10 rupee, 20 rupee , will be made available for public shortly
  • Now: lower corporate tax rate of 25% applicable only to companies with annual turnover up to 250 crores. Now on: applicable to companies with turnover up to 400 crores, covering 99.3% of all companies

12.55 P.M.:-

  • Union FM Nirmala Sitharaman on Corporate Tax :”All companies having annual turnover of 400 crores, will now be under the bracket of 25%. This will cover 99.3% of all the companies.
  • It is time to place emphasis on the performance of our duties, which will in turn ensure protection of our rights
  • Govt. will start raising a part of its gross borrowing programme in external markets in external currencies:
  • Investment option in Exchange Traded Funds on the lines of equity-linked trading Scheme to be offered to encourage long-term investment in CPSEs
  • Strategic disinvestment of select Central Public Sector Enterprises will continue to be a priority; strategic disinvestment of @airindiain will re-initiate; 1 lakh 5000 rupees is disinvestment target for 2019-20
  • Govt. considering to go below 51% to an appropriate level of ownership stake in non-financial public sector undertakings on case by case basis
  • Net owned fund requirements to be reduced from 5000 crore to 1000 crore rupees, to facilitate onshoring of international insurance transactions and enable opening of branches by foreign reinsurers
  • 100 lakh crore rupees to be invested in infrastructure sector over next five years, Expert Committee to be set up to recommend structure and flow of funds through development finance institutions

12.50 P.M.:-

  • Regulation authority over housing finance sector to be returned from National Housing Bank to RBI
  • Proposals for strengthening regulatory authority of @RBI over NBFCs have been made
  • For purchase of high-rated pooled assets of financially sound Non Banking Finance Companies amounting to 1 lakh crore rupees during 2019-20, one-time six-month partial credit guarantee to be given to PSBs
  • Public sector banks will use technology, enabling customer of one PSB to access service across all PSBs as well
  • Public sector banks to be provided 70,000 crore rupees to boost capital and improve credit
  • Indian Developmental Assistance Scheme to be revamped during current financial year
  • 4 new embassies to be opened in 2019-20, to improve footprint of India’s overseas presence and to provide better public services to local Indian communities

12.45 P.M.:-

  • “We propose to start a television programme on DD National exclusively for startups.This channel will be designed and executed by startup’s themselves
  • Mission for integrating traditional artisans and their creative products with global markets to be launched; patents and Geographical Indications to be obtained for them where necessary
  • Aadhaar card for NRIs with Indian passports to be issued after their arrival in India, without waiting for the mandatory 180 days
  • One woman in every SHG shall be made eligible for a loan of 1 lakh rupees under MUDRA scheme:
  • Every verified woman SHG member having a Jan Dhan account, an overdraft of 5000 rupees will be allowed
  • To further encourage women entrepreneurship, Women SHG Interest Subvention Programme to be expanded to all districts in India
  • Broad based committee to evaluate and suggest actions for moving forward on gender analysis of budget to be formed
  • Massive programme of railway station modernization to be launched this year: FM
  • To popularize sports at all levels, National Sports Education Board for development of sportspersons to be set up under khelo India

12.40 P.M.:-

  • Stand up India will be continued for the entire period coinciding with the 15th Finance Commission, i.e. 2020 – 2025
  • Exclusive TV programme exclusively for startups to be started, channel will be designed and executed by startups themselves
  • New National Educational Policy to be brought in to transform Indian educational system; major changes in higher as well as school system to be brought in
  • Multiple labour laws to be streamlined to into a set of four Labour Codes, to standardize registration and filing of returns and reduce disputes
  • Union FM on higher education : “Today we have three institutions, 2 IIT’s IISC Bangalore in top 200 institutions of the world”. An amount of 400 crores has been provided under the head ‘World Class Institutions’ for the year 2019-20
  • Budget 2019 proposes to establish a National Research Foundation to fund, to coordinate and to promote research in the country.

12.35 P.M.:-

  • To popularize sports at all levels, National Sports Education Board for development of sportspersons to be set up under
  • 400 crore rupees under head, World Class Institutions in 2019-20, more than 3 times the revised estimates of previous year; Study In India to be started to bring in foreign students into Indian higher education system
  • National Research Foundation to be set up to strengthen overall research ecosystem in the country; funds available under all Ministries to be integrated with NRF
  • New National Educational Policy to be brought in to transform Indian educational system; major changes in higher as well as school system to be brought in
  • Budget 2019 proposes to establish a National Research Foundation to fund, to coordinate and to promote research in the country.
  • Railways to be encouraged to invest more in suburban railways through SPV structures such as Rapid Regional Transport System; more PPP initiatives to be encouraged in rail sector

12.25 P.M.:-

  • Budget 2019 proposes to establish a National Research Foundation to fund, to coordinate and to promote research in the country.
  • JalShakti Mantralaya will work with states to ensure Har GharJal for all rural houses by 2024, under JalJeevan Mission
  • To mark this occasion, Rashtriya Swachhata Kendra to be inaugurated at Raj Ghat, on 2nd October, 2019; Gandhipedia too to be developed to spread positive Gandhian values
  • Pradhan Mantri Gram Sadak Yojana – Phase 3 envisaged to upgrade 1.25 lakh km of road length at an estimated cost of 80,250 crore rupees
  • 100 new clusters to be set up in 2019-20 under SFURTI, which will enable 50,000 artisans to join the economic value chain
  • Happy and satisfied to report that India will be made Open Defecation Free on October 2nd, 2019, as per the dream of PM

12.05 P.M.:-

  • Under Pradhan Mantri Grameen Digital Saksharata Abhiyan, Bharat Net is targeting internet connectivity in local bodies in every panchayat in the country; this will be speeded under Universal Service Obligation Fund
  • Electronic Fundraising Platform, a social stock exchange, to be set up to list social enterprises and voluntary organizations working for social welfare objectives
  • Swachh Bharat Mission has touched the very conscious of the nation; Union FM Nirmala Sitharaman proposes to expand Swachh Bharat to undertake solid waste management in every village.
  • Swachh Bharat to be expanded to undertake sustainable solid waste management in every village, harnessing latest tech

12.00 P.M.:-

  • Local sourcing norms for FDI to be eased for single-brand retailing sector
  • Mantralaya will work with states to ensure Har GharJal for all rural houses by 2024, under JalJeevan Mission
  • Pension benefit to be extended to around 3 crore retail traders and shopkeepers with an annual turnover less than 1.5 crores under Pradhan Mantri Karam Yogi Man Dhan Scheme:
  • Need to replicate Zero Budget Farming, to go back to basics, which will help Doubling Farmers Income

11.55 A.M.:-

  • 80 Livelihood business incubators and 20 technology business incubators to be set up in 2019-20 under ASPIRE to develop 75,000 skilled entrepreneurs in agro-rural industries
  • To harness India’s space ability commercially, a public sector enterprise, New Space India Limited (NSIL) has been incorporated to tap the benefits of ISRO. Local sourcing norms for FDI to be eased for single-brand retailing sector.
  • 100 new clusters to be set up in 2019-20 under SFURTI, which will enable 50,000 artisans to join the economic value chain
  • To provide NRIs seamless access to Indian equities, NRI portfolio investment route to be merged with foreign portfolio investment route
  • Pradhan Mantri Gram Sadak Yojana – Phase 3 envisaged to upgrade 1.25 lakh km of road length at an estimated cost of 80,250 crore rupees
  • To provide NRIs seamless to Indian equities, NRI portfolio investment route to be merged with foreign portfolio investment route
  • All-weather road connectivity provided to more than 97% of eligible and feasible habitations, made possible by a high pace of road construction
  • Government keeps “Gaon, Garib and Kisan” at the centre of everything we do, of every programme
  • Robust fisheries management framework to be set up under Pradhan Mantri Matsya Sambada Yojana to address critical gaps in value chain

11.50 A.M.:-

  • Time for completion of houses under PMAY reduced from 314 days in 2015-16 to 114 days in 2017-18, enabling the scale of achievement in PMAY
  • Further opening up of FDI in aviation, media, animation AVGC and insurance to be examined, in consultation with stakeholders; 100% FDI to be permitted for insurance intermediaries.
  • In second phase of PMAY-Gramin, 1.95 crore houses to be provided to eligible beneficiaries, during 2019-20 to 2021-22; they will have amenities such as LPG, electricity and toilets.
  • Comprehensive restructuring of National Highways Programme to be done, to ensure creation of National Highways Grid of desirable capacity.
  • By 2022, every single rural family except those who are unwilling to take the connection, will have an electricity and a clean cooking facility

11.45 A.M.:-

  • Government keeps Gaon, Garib and Kisan at the centre of everything we do, of every programme
  • To harness India’s space ability commercially, a public sector enterprise, New Space India Limited (NSIL) has been incorporated to tap the benefits of ISRO
  • India has emerged as a major space power. Time has come to harness our ability commercially
  • To provide NRIs seamless to Indian equities, NRI portfolio investment route to be merged with foreign portfolio investment route.
  • Annual Global Investors’ Meet to be organised in India, using NIIF as the anchor to get key sets of global players to come and invest in India

11.40 A.M.:-

  • Railway infra would need an investment of 50 lakh crores between 2018 and 2030; PPP to be used to unleash faster development and delivery of passenger freight services
  • Local sourcing norms for FDI to be eased for single-brand retailing sector
  • Further opening up of FDI in aviation, media, animation AVGC and insurance to be examined, in consultation with stakeholders; 100% FDI to be permitted for insurance intermediaries
  • Interoperability of RBI depositories and SEBI depositories necessary for seam less transfer of treasury bills; govt. will take necessary measures in this regard in consultation with RBI and SEBI
  • Electronic Fundraising Platform, a social stock exchange, to be set up to list social enterprises and voluntary organizations working for social welfare objectives
  • FM : The government has given a massive push to all forms of physical connectivity via :-
  1. PMGSY
  2. Industrial corridors
  3. Dedicated freight corridors
  4. Bharatmala
  5. Sagarmala
  6. Jal Marg vikas
  7. UDAN schemes

11.35 A.M.:-

  • Existing Know Your Customer norms for Foreign Portfolio Investors to be rationalized and simplified, to make it more investor-friendly
  • Credit Guarantee Enhancement Corporation will be set up in 2019-20, action plan to deepen markets for long-term bonds with specific focus on infra sector to be put in place
  • Pension benefit to be extended to around 3 crore retail traders and shopkeepers with an annual turnover less than 1.5 crores under Pradhan Mantri Karam Yogi Man Dhan Scheme:
  • FAME II scheme aims to encourage faster adoption of electric vehicles by right incentives and charging infra

11.30 A.M.:-

  • Payment platform for MSMEs to be created
  • Schemes such as BharatMala, Sagarmala and UDAN are bridging rural urban divide and improving our transport infrastructure.
  • 350 crore rupees allocated for 2% interest subvention for all GST-registered MSMEs on fresh or incremental loans
  • Several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do not address lessor-lessee relationships fairly

11.25 A.M.:-

  • Railway infra would need an investment of 50 lakh crores between 2018 and 2030; PPP to be used to unleash faster development and delivery of passenger freight services
  • Government envisions using rivers for cargo transportation, which will also decongest roads and railways
  • Comprehensive restructuring of National Highways Programme to be done, to ensure creation of National Highways Grid of desirable capacity
  • FAME II scheme aims to encourage faster adoption of electric vehicles by right incentives and charging infra

11.15 A.M.:-

Finance Minister Nirmala Sitharaman in her Budget speech, says:

“Government will do a restructuring of the national highway programme. In the second phase of Bharat Mala, States will be helped to develop State highways.”

“Government envisions using rivers for cargo transport.”

The Minister proposes ₹50 lakh crore investment for Railway infrastructure between 2018 and 2030, and using public-private partnerships unleash faster development, completion of tracks, passenger freight services.

“Recommendations of high-level committee on retiring old power plants, and addressing the under-utlilisation of power plants will be taken up now.”

The Minister proposes a modern tenancy law.


11 A.M. :-

Lok Sabha convenes. Speaker Om Birla is in the Chair.

Finance Minister Nirmala Sitharaman begins her Budget speech.

She says that India celebrated its democracy, referring to the mandate given to this government. The first term of the Narendra Modi government, stood out as a performing government, she says.

The principles — reform, perform and transform — can work, says the Finance Minister. Between 2014 and 2019, we provided rejuvenated Centre-State dynamic, cooperative federalism, and the GST Council, she says.

Average amount spent on food security approximately doubled in 2014-19, number of patents tripled in 2017-18. “Mazboot desh ke liye mazboot nagrik.”

“Our economy was at approx $1.85 trillion in 2014, within 5 years, it has reached $2.7 trillion.” She says it is iwell within the government’s capacity to reach the $5-trillion-economy target.

“Indian economy will become $3 trillion economy in this year itself. It is now 5th largest in the world and in purchasing power parity terms, it is the third largest, behind only U.S. and China.”

“It took us over 55 years for the Indian economy to reach $1 trillion. But when people’s hearts are filled with hope, trust and desire, in just five years we could make it $3 trillion.”

“All of India’s private sector industries have played a substantial role in India’s growth. If before independence, India Inc understood swadeshi, today they understand Make In India.”

The Finance Minister also mentions the virtuous cycle, as suggested by the Economic Survey. She then goes on to cite the government’s transport infrastructure schemes such as Sagar Mala, UDAN etc. “This government has given a massive push to all forms of physical connectivity. The time is right for India to enter into aircraft financing, critical for a self-reliant aviation industry.”


Watch Railway Budget 2019 – 2020 Live Online

Post-Budget press conference by Finance Minister

You can watch Union Budget 2019 – 2020 online live here.

How to download Railway Budget 2019 – 2020 pdf

Summary of Budget 2019-2020 are following, you can download the details.

Those who want to download Railway Budget 2019 pdf and go through the full document of Rail Budget 2018, visit https://www.indiabudget.gov.in/. You can download the PDF of Rail Budget 2019 or read online.

You can share your expectations also on the comment box of this post.


Interim Budget 2019

Railway Minister Piyush Goyal presented the Railway Budget 2019 along with the Interim Budget in February 1 , 2019. Details are following.

Railway Budget 2019 Live Updates

4:25 PM – Vande Bharat Express is major attraction announced. Vande Bharat Express was called Train 18 earlier. Visit Vande Bharat Express for more information.

12:16 PM – Next-generation infrastructure on Indian Railways, ports, roadways and waterways.

12:05 PM : Looking to improve the operating ration

11:37 AM : New IRCTC website for ticket booking

11:28AM – Don’t pay for food, if no bills!

11:25 AM – Project Utkrisht, Indian Railways is upgrading as many as 140 Mail/Express train rakes by the end of this financial year.

11:18 – Airport-like railway stations

11:09 AM – No Fare Hikes

11:06 AM – Railway Budget 2019 Speech Started

Keep on visit this page to get latest News related to Indian Railway Budget 2019.

Train Budget 2019

This not just saves money of the Railways, but also time of parliamentarians by not having to approve and pass two separate bills. Earlier, this used to consume a lot of time but now with the merger, things have become quite simplified. Indian Railway Minster Piyush Goyal had said in November 2017 last year that the Railways is looking at innovative ways to finance its expenditure and does not need any funds from the Union Budget.

Indian Rail Budget ( Union Budget ) : Expectations

Expectations

According one of the reliable source following are some of the rail budget 2019 expectations.

  • Railway Minister Piyush Goyal may not announce new trains in the Budget, but sources say that he may make announcements on increasing the speed of few existing trains along with announcement of some semi high speed trains.
  • Being an Interim Budget, every detail of the allocation for the railways may not be spelt out, but sources say that Railway Budget will focus on three pillars – safer, faster, better.
  • Increased budgetary allocation (that the rail ministry had earlier sought) will be used to upgrade the coaches in Railways with schemes like Swarn Mission. High speed corridors work will be expedited with the increased Budgetary Allocation

Mumbaikars Expectation on Budget : Mumbai Local Train

According popular media survey found that Mumbai Local Train passengers expecting more safety measures.

Every year lots of passengers getting accident by Mumbai Local train either while traveling on train or crossing the platform. Although railway made decision to repair the track and modifications during Sunday Mega Block on Mumbai Local its not enough.

Mumbai suburban recently announced new safety measure like blue light indication on selected train when train starts to provide warning to passengers.

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