Suresh Prabhu will present 2016-17 Railway Budget today in Parliament. It is expected to focus on capacity creation in the rail sector with an increased outlay of about Rs. 1.25 lakh crore. While announcement of new trains is unlikely for the second consecutive year, a scheme for premium high-speed parcel trains is slated to be unveiled in the Budget..
Suresh Prabhu will present 2016-17 Railway Budget today in Parliament. It is expected to focus on capacity creation in the rail sector with an increased outlay of about Rs. 1.25 lakh crore. While announcement of new trains is unlikely for the second consecutive year, a scheme for premium high-speed parcel trains is slated to be unveiled in the Budget.
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Watch Presenting the Interim Rail Budget 2014 in Parliament on Wednesday, Union Railway Minister Mallikarjun Kharge announced that 17 new premium trains and 38 express trains would be introduced.
The Railway Minister has however kept both the passenger as well as the freight fares unchanged.
Meanwhile, the Railway Budget presentation was cut short as Parliament was adjourned till 2pm due to interruptions caused by MPs protesting creation of Telangana. Four Union ministers from Seemandhra had stormed into well of the House along with other members over Telangana.
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Presenting the Interim Rail Budget 2014 in Parliament on Wednesday, Union Railway Minister Mallikarjun Kharge announced that 17 new premium trains and 38 express trains would be introduced.
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Chhattisgarh Rail यात्रियों को फिर लगा झटका, 65 trains cancelled
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Source : ANI \ Studio \ INH Reporters \ Agencies
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Watch Prime Minister Narendra Modi on Thursday hailed the Rail Budget 2015, which was presented in the parliament by Railway Minister Suresh Prabhu.
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Suresh Prabhu, chartered-accountant-turned-politician, spoke in English and Hindi, drew laughs with puns, and emphasised early that the 'vicious cycle of underinvestment' in the Railways must end. He also confirmed that there will be no increase in passenger fares.
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Rail Budget 2016: PM congratulates Railway Minister Suresh Prabhu
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Diverting from the interim railway budget presented by Lalu Prasad in 2009, Railway Minister Mallikarjun Kharge today presented what could be termed as the shortest vote-on-account. While he refrained from making any announcements, he did spell out the achievements of the Railways during the five year stint.
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Presenting the Interim Rail Budget 2014 in Parliament on Wednesday, Union Railway Minister Mallikarjun Kharge announced that 73 new trains would be introduced.
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