How to Watch ABP News Aaj Tak IBN7 Railway Budget 2016-17 Highlights

ABP News Aaj Tak IBN7 Railway Budget 2016-17 Highlights, Speech, Latest News information has been available here. Railway commuters expect budget allocates adequate funds to introduce more 15-car rakes, CCTV cameras in ladies compartment and construct and maintain clean toilets on the suburban railway system.

Railway Budget ABP News Aaj Tak Live
Railway Budget ABP News Aaj Tak Live

As Railway Minister Suresh Prabhu prepares to read out his Rail Budget speech, all eyes are on government’s plans on reforms, investment and modernisation. Motilal Oswal expects railways to report an improvement in finances, bolstered by freight revenue, announce new innovative sources of funding and make some headway in taking the PPP schemes forward. It also feels Prabhu should focus on announcement toward improvement in infrastructure, operations and passenger amenities.

ABP News Aaj Tak IBN7 Railway Budget 2016-17 Highlights

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• BSE Sensex trading 70 points lower at 10.22 am, NSE Nifty down 20 points.
• Bullet train a great idea but costs about Rs 300 cr for one km. Is it doable?,’ asks former Rail Minister Dinesh Trivedi.
• Common man will be given prime importance, Rail Budget will be as per their expectations,’ says Sinha.
• Copies of Rail Budget 2016 reach Parliament.
• Expansion and modernization of Indian Rail network will be seen, passengers will be benefited,’ adds Sinha.
• India has the fourth largest rail network in the world, used by some 25 million passengers each day.
• MPs and state governments have demanded new trains, rail lines and projects in the Budget.
• Prabhu may not announce too many new trains and instead do it gradually over the course of the year.
• Prabhu, 61, is a CA by profession and a member of the Institute of Chartered Accountants of India.
• Proposals for ‘Make in India’ initiatives besides enhancing safety and security on anvil.
• Railway Minister Suresh Prabhu will present maiden Rail Budget in Parliament today.
• Road map for attracting private investment for the Railways may be announced.
• The budget will set the direction of long and difficult road of reform,’ says Prabhu ahead of presenting the Raiway Budget.
• The railway network may receive at least a 25% boost in investment to over $9 billion on falling fuel costs.

Read Also: Railway Budget 2016-17 Live Streaming

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