How to Watch Indian Rail Budget 2016-17 Streaming Online Coverage

According to a Reuters report, India’s decrepit state-run train services stand to receive at least a 25 percent boost in investment to over $9 billion, funded solely by falling fuel costs. According to officials, Railway Minister Suresh Prabhu has factored in savings from cheaper diesel totalling between Rs 12000-15000 crore in the 2016-17 fiscal year, starting on 1 April.

Railway Budget Live Stream
Railway Budget Live Stream

How to Watch Indian Rail Budget 2016-17 Latest News, Speech, Highlights

Railway ministry sources said Prabhu could resort to bilateral cooperation with interested nations to take up specific initiatives such as upgrade of network, safety-related infrastructure, dedicated freight corridors and high-speed trains.

The budget is expected to propose extensive use of IT systems in everything from the management of rolling stock to the development of Apps for passengers and provision for WiFi on rail premises.

With foreign investors yet to show any interest in railway projects under the FDI route, Prabhu has been eyeing other sources of funds. He has asked the finance ministry to allow the railways access the Rs 6 lakh crore of public pension funds. He also made a case for channeling corporate social responsibility funds for railway schemes.

Use of solar energy in a big way, launching of waste-to-energy project and proliferation of CNG in train operations are some of the green initiatives likely to be announced in the Rail Budget this time. Besides an elaborate exercise of water conservation including setting up of water recycling plants will also be announced by Prabhu in his budget address on 26 February.

Indian Rail Budget 2016-17 Highlights

{Old News}, We will update this part soon.

200 more stations to come under Adarsh Station scheme
24X7 helpline for passenger security problems
A new department to keep stations, trains clean
Buttons, coin vending machines for railway tickets
Collision Avoidance System to be installed on select routes
e-catering to select meals from an array of choices
Freight rate for cement, coal, others hiked by up to 10%
Hike daily passenger carrying capacity from 21mn to 30mn
Investment of Rs 8.50 lakh cr envisaged in five years
More General class coaches to be added
No hike in passenger fares
No new trains announced
On-board entertainment on select Shatabdi trains
Operating ratio to improve to 88.5% in 2015—16
Proposed 77 new projects covering 9,400 km of doubling works.
SMS alert service for passengers to be expanded
Speed in 9 railway corridors to be increased from 110 kmph and 130 kmph to 160 and 200 kmph
Surveillance cameras in suburban coaches for woman safety
Wi—Fi connectivity at B category stations

Read Also: New Train List Indian Railway Budget 2016-17

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