RAIL BUDGET 2017

Breaking the colonial tradition close to a century later, the Indian government has presented its first-ever merged Railway Budget 2017-18 with the highest ever plan of Capital Expenditure of `1.31 lakh crore.

The Government’s Railway Budget of 2017-18, which, in a first, was a part of the Union Budget, had a slew of announcements for the Indian Railways. From discontinuing with a service charge imposed on the purchase of railway ticket reservations to bio-toilets in all train coaches by 2019, the Budget announced an endless list of ambitious developmental plans.

According to the budget, total capital and development outlay for Indian Railways will be `1.31 lakh crore and the Government will contribute `55,000 crore.

This year’s budget will primarily focus on four themes: safety, capital and development focus and financial accounting reforms and clean railways.

In addition to that, a total of 500 rail stations will be made differently-abled friendly by constructing lifts and escalators.

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