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Friday, February 26, 2016

Railway Budget, 2016: Prabhu puts railways on the fast, prosperity track

Breaking free from years of status quo, railway minister Suresh Prabhu on Thursday piloted Rail Budget 2016-17 on the course of change with promises of a financial turnaround, raising the speed of trains, a qualitative improvement in passenger amenities and reforms in the Railway Board’s functioning.

Read: Railway Budget 2016: Prabhu invokes Atal, Harivansh Rai, Buddha

Not falling to the lure of increasing passenger fares and freight rates in a year when four states are heading for Assembly elections, Mr Prabhu promised a massive expansion of the rail network.

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