Thursday, 2 February 2017

Budget 2017 for Infrastructure; railways

Following are the highlights of Union Finance Minister Arun Jaitley's 2017 Budget
speech.
The Union Budget 2017 was broadly focused on 10 broad themes — farmers, rural
population, youth, poor and health care for the underprivileged; infrastructure; financial
sector for stronger institutions; speedy accountability; public services; prudent fiscal
management; tax administration for the honest.

Infrastructure; railways
1. A total allocation of Rs. 39,61,354 crore
2. Total allocation for Railways — Rs. 1,31,000 crore
3. No Service charge while booking tickets with IRCTC
4. Raksha coach with a corpus of Rs. 1 lakh cr fore five years (for passenger safety)
5. Unmanned level crossings eliminated by 2020
6. 3,500 km of railway lines to be commissioned this year up from 2,800 km last
year.
7. SMS based clean my coach service started
8. Coach mitra facility - to register all coach related complaints
9. 2019 - bio toilets for all trains
10. 500 stations to be made differently-abled friendly
11. Railways to partner with logistics players for front end and back end solutions for
select commodities.
12. Railways will offer competitive ticket booking facility
13. 2,000 km for coastal connectivity of roads -
14. Rs. 64,000 crore allocation for highways.
15. Allocation of high speed Internet 1,50,000 gram panchayats
16. New Metro rail policy to be announced with new modes of financing

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