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Minister of Railways, Lalu Prasad after giving final touches to the Railway Budget 2009–10, in New Delhi on February 12, 2009. Railway budget of India was the Annual Financial Statement for Indian Railways administered by the Railway Board, which handles rail transport in India.
The 2016 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2016–17. The budget was presented by the Railway Minister Suresh Prabhu in the Parliament of India on 25 February 2016. [1] It was the final Railway Budget of India as after this budget, the Railway Budget got merged with the Union budget ...
The railways have faced complaints of substandard food in the past. [2] [3] He announced the introduction of a new rail-flaw detection system to better investigate the causes of accidents. The budget allocated a significant sum to the construction of bridges at unmanned crossings, a major cause of rail-track deaths.
2014 Railway budget of India; 2015 Railway budget of India; 2016 Railway budget of India This page was last edited on 16 June 2018, at 11:20 (UTC). Text ...
[8] [9] Indian Railways will soon start the upgradation of tracks with high strength rails (R-350).The railways has started the work to increase the design speed limit of the next-generation Vande Bharat sleeper trains to 220 kmph and work has also started to improve the Delhi-Mumbai and Delhi-Howrah lines to allow trains to run at 160 km/h. [10]
After Railway Minister Suresh Prabhu presented his maiden budget, Prime Minister Narendra Modi tweeted: "Rail budget 2015 is a forward looking, futuristic and passenger centric budget, combining a clear vision and a definite plan to achieve it." Nitin Gadkari, the Transport Minister called the budget reformative.
The first railway budget was presented in 1924. [6] Since then, Railway budget was presented as a standalone budget every year before the union budget till 2016. [20] The last Railway Budget was presented on 25 February 2016 and on 21 September 2016, Government of India approved merger of the rail and general budgets from 2017. [21]
The 2016 Union budget of India was the annual financial statement of India for the fiscal year 2016–2017. It was presented before the parliament on 29 February 2016 by the Finance Minister of India, Arun Jaitley. [1] The printing of the budget documents began with a traditional Halwa ceremony on 19 February 2016. [2]