Explorer

More trains, better facilities; here's how Indian Railways will benefit from Budget 2019

Goyal also said that the operating ratio of railways will come down to 95 per cent in 2019-20 from 96.2 per cent in 2018-19.

New Delhi:  Finance Minister Piyush Goyal on Friday said the government has allocated Rs 64,587 crore for railways in the Interim Budget for 2019-20. Presenting the Interim Budget in Parliament, Goyal said: "Indian Railways has experienced its safest year in history. We are introducing container cargo movement to the North East.  "All unmanned level crossings on broad gauge network have been completely eliminated," he said. Speaking about the manufacture of engineless Train 18, Goyal said: "Vande Bharat Express will give Indian passengers world class facility, with speed, safety and service. This major leap developed by our engineers will give an impetus to Make in India programme and create jobs." He said: "Capital support from Budget for railways is proposed at Rs 64,587 crore for railways in 2019-20. "In fact, railways' overall capital expenditure programme is historic at Rs 1,58,658 crore." Goyal also said that the operating ratio of railways will come down to 95 per cent in 2019-20 from 96.2 per cent in 2018-19.

Top Headlines

New Mexico Judge Orders Meta To Pay $25 Billion Over Facebook Data Privacy Claims
Meta’s Record Fine: $25 Billion Penalty Over FB Data, And Why Meta Says It Will Win Appeal
Diwali Car Sales 2026: Maruti Bookings Hit 2.7 Lakh, Carmakers Eye Festive Rush
Navratri Car Sales Dip 21.9%, But Maruti, Tata, Hyundai Say Diwali Demand Is Building
Share Markets Brace For Volatility As Oil Prices Spook Investors: Sensex Crashes 550 Points
Share Markets Brace For Volatility As Oil Prices Spook Investors: Sensex Crashes 550 Points
Meta Q3 Results 2026: Ads Boom, Net Income Jumps 264%, Operating Income Falls 37%
Meta Q3 Earnings: Why Operating Income Fell 37% Despite 26% Revenue Growth

Videos

Breaking News: Sonia Gandhi Shares First Glimpse of Autobiography 'Belonging: A Journey of Love'
World News: Macron Hits Back at Trump and Netanyahu Over France Protests, Says Stop Using France for Elections
Tiger Shroff Firing Case: 10 Arrested as Gun Trail From Amritsar to Mumbai Reveals Shocking Conspiracy
Delhi News: CJP Spokespersons Summoned by Crime Branch After Bail in Election Commission Protest Case
UP Politics: Akhilesh Yadav Meets Azam Khan in Jail as Owaisi Challenges SP's Muslim Vote Bank in Rampur

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget