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Live News Updates Union Minister Suresh Prabhu has taken charge of the Railway Ministry, he
has made it clear that he is more concerned with the turnaround in Indian Railways than taking the
populist path.
With the aim of clearing the financial and administrative mess in the Railways, Prabhu is all set to
present his maiden Railway Budget 2015-16.
Expectations are high from the Railway Minister amidst the latters firmness to bring in fundamental
changes in the Railways.
Here are the Live Updates:
The following are the highlights of the Railway Budget for 2015-16 presented by Railway
Minister Suresh Prabhu in the Lok Sabha on Thursday:
Toilets at stations need improvement; 650 additional toilets to be created in addition to 120
last year.
Latest News India, Daily News
Railways proposes to install Train Protection Warning System and Train Collision Avoidance
System on select routes at the earliest
During 2015-16, 970 ROBs/RUBs and other safety-related works to eliminate 3,438 level
crossings at an expense of Rs.6,581 crore sanctioned.
Daily News, Latest International News
Size of the plan budget has gone up by 52 percent from Rs.65,798 crore in 2014-15 to
Rs.1,00,011 crore in 2015-16.
Investment of Rs.8.5 lakh crore in next five years Railways to increase daily passenger
arrying capacity from 21 million to 30 million, increase track length by 20 percent from
1,14,000 km to 1,38,000 km, grow annual freight carrying capacity from 1 billion to 1.5 billion
tonnes.
Four goals: Deliver sustained improvement in customer facilities, Make railways safer means
of travel, expand substantially, make Indian Railways self-sustainable
Suresh Prabhu Outlines 4 Goals For Indian Railways
Nine thrust areas: Railways to once again become prime mover of economy; resource
mobilization for higher investments; decongestion of heavy haul routes and speeding up of
trains; emphasis on gauge conversion, doubling, tripling and electrification; project delivery;
passenger amenities, safety; transparency and system improvement; railways to continue to
be the preferred mode of transport for the masses; sustainability
Railways cannot function in business-as-usual mode, have to keep up with changing times
Budget part of trilogy: White paper already tabled, this budget, vision document soon