The Railway Budget 2016 was presented by Mr. Suresh Prabhu on 25th February, 2016. Here are the key highlights and proposals made in this year's rail budget.
VISION
By 2020, long-felt desires of the common man to be fulfilled i.e, reserved accommodation on trains available on demand, time tabled freight trains, high end technology to improve safety record, elimination of all unmanned level crossings, improved punctuality, higher average speed of freight trains, semi high speed trains running along the golden quadrilateral, zero direct discharge of human waste.
STRATEGY
Three pillars of the strategy
- Nav Arjan - New revenues
- Nav Manak - New norms
- Nav Sanrachna - New Structures.
