What to Expect from Railway Budget 2015?

By   www.ibtimes.co.in

The Railway budget this year is likely to upset several states that have demanded funds for pending projects. Also, there is nothing much for the passengers in the 2015 Rail budget that will be tabled for discussion in Parliament on 26 February.

As the Railways reels under financial crunch, Railway Minister Suresh Prabhakar Prabhu is likely to announce limited rail projects and less than 100 new trains will be launched this fiscal.

Last year’s budget had 160 new trains, while usually, the Ministry launches about 150 to 180 new trains every fiscal year. Of the new trains that Prabhu will propose this budget session, a few are said to be tourist trains for popular destinations and some unreserved trains with general second-class coaches for the common man commuting on busy routes.

Though not a part of the budget, Prabhu is likely to announce new trains gradually throughout the year. More info

Author: admin