Budget 2017: No service charge for online railway tickets

Highlights: No new trains, Rs one lakh cr towards passengers' safety

GN Bureau | February 1, 2017


#Union Budget   #Budget 2017   #Arun Jaitley   #Narendra Modi   #Indian Railways   #Railways   #Suresh Prabhu  


Presenting the union budget 2017-18, finance minister Arun Jaitely announced 1.31 lakh crore for the capital and development expenditure of Indian Railways. A total of Rs 55,000 crore has been allocated for Railways in 2017-18 combined budget. Here’s everything you need to know:
 

  • A Rastriya Rail Sanraksha Kosh with corpus of Rs 1 lakh crore for a period of five years will be created to prevent rail accidents.
  • Indian Railways to bear remaining funds required for safety works from its own pocket.
  • A total of 3,500 km new tracks to be commissioned.
     
  • No service charge for buying tickets through IRCTC website.
  • Indian Railways to focus on four areas—safety, capital works, cleanliness and financial accountability.
  • A new metro-rail policy to create more jobs for youth.
     
  • By 2019, all coaches will be fitted with bio toilets to prevent corrosion of tracks and maintain cleanliness.
     
  • 17 new projects of construction and development.
     
  • 500 railway stations to be made accessible for differently abled.
  • A new single window service to be unveiled for all cleanliness related complaints.
     
  • Three sewage treatment plants (STPs) to be set up.
     
  •  Railways to focus more on tourism and pilgrimage.
     
  •  Tariffs to be fixed on the basis of cost.
     
  • IRCON, IRCTC will be listed on stock exchanges.

 
 

Comments

 

Other News

MeitY unveils National strategies boosting blockchain adoption for better e-Governance

  The Ministry for Electronics and Information Technology (MeitY) ha

Bihar Government escalated 6 IAS to Secretary Grade

In a recent transfer order issued issued, the Bihar Government announced to extend the promotion to six IAS officers of 2006-Batch to Super Time Scale (Secretary Grade) with effect from January 1, 2022.

Middlemen siphoning off farmers’ interest: Vijay Sardana

Agriculture economist Vijay Sardana has said that middlemen have been siphoning off farmers’ interests, and the repeal of the three farm laws that were brought in to minimise the exploitation of farmers was a political compulsion. “There is a huge siphoning of farmers’ inte

Bank loan recovery in recent years has mirrored Hindu rate of growth

At the outset, for those who are not familiar with the nomenclature ‘Hindu Rate of Growth’, it refers to the low economic growth in post-independent India till the 1990s, when several economic liberalisation measures were undertaken. Till the 1990s, the growth rate was around 4%, which accelera

Visionary Talk- Vijay Sardana, Agriculture Economist with Kailashnath Adhikari on Repeal of Farm Law



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter