Railway Budget 2016-17: Other Proposals for Farmers, Freight, Industry, Environment etc.

[no_toc] Proposals for Farmers The budget has proposed encouraging development of cold storage on vacant land near freight terminals. Local farmers and fishermen would be given preferential usage of the facility. Railway will issue a policy on this context in ..

Rail Budget 2016-17: New Trains and Passenger Amenities

For Reserved Passengers Three train services viz. Humsafar, Tejas and UDAY have been introduced for reserved passengers. Humsafar service would be fully air conditioned third A/C service with an option for meals. Tejas on the other hand would showcase the ..

Railway Budget 2016-17: Capacity Augmentation Proposals

The Railway Budget 2016-17 is pegged at Rs. 1.21 Lakh Crore, which stands 21% higher than previous budget. Following are the capacity augmentation proposals. Commissioning of Broad Gauge Track and track electrification There is a plan to commission 2800 kilometers ..

Avataran: The Seven Missions of Indian Railways

In the Railway Budget 2016-17, the Railway Minister Suresh Prabhu has announced 7 activities to be conducted in mission mode under the umbrella of “Avataran”. These missions are as follows: Mission 25 Tonne It aims to increase revenue of Railways by augmenting ..

Indian Railways: The “Innovation Challenge” for Start-ups

In the last year budget, the Railway Ministry had promised to set an innovation council called “Kayakalp” which might come up with cost saving innovations in railway functioning. This council was later constituted with Ratan Tata as its head. In ..

SRESTHA & SUTRA: The New Research Wings of Railways

SRESTHA refers to Special Railway Establishment for Strategic Technology & Holistic Advancement. This is a proposed special unit of Indian Railways comprised mostly of scientists and railway experts. Currently, Indian Railway has a research arm called “Research Design and Standards ..

Indian Railways: The contours of Nav Arjan, Nav Manak and Nav Sanrachana

Indian railways, as pointed out by Railway Minister, are faced with two headwinds, entirely beyond its control. Firstly, the tepid growth of core sector in the economy leads to sluggish demand for rail services; and secondly, the looming impact of ..

Savings, Investment and Capital Formation

GDP measures the total output of goods and services for final use occurring within the domestic territory of a given country, regardless of the allocation to domestic and foreign claims.  A part of this is consumed and what left after ..