INSUBCONTINENT EXCLUSIVE:
Budget: Arun Jaitley became the first FM to present a combined Union Budget with Rail Budget.Union Finance Minister Nirmala Sitharaman will
unveil the Budget 2019-20 on July 5
In September 2016, the government scrapped the 92-year-old practice of presenting rail budgets and general budgets separately
And in 2017, Arun Jaitley became the first finance minister to present a combined Union Budget with Rail Budget as part of it
This year's Budget - the first full budget by the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government after
returning to power in May- will also include announcements for the Railways
( 10 Things To Know About First Budget Of Independent India)Interim Budget 20191
Railways saw an allocation of Rs 64,587 crore and capital expenditure of Rs 1.58 lakh in Interim Budget 2019.2
The capital support from the Budget for the railways was proposed at Rs
64,587 crore in 2019-20.3
In the budget, funds worth Rs
7,255 crore were allocated for construction of new lines, Rs 2,200 crore for gauge conversion, Rs 700 crore for track doubling, Rs 6,114.82
crore for rolling stock and Rs 1,750 crore for signalling and telecom.Budget 20181
Former Finance Minister Arun Jaitley announced a capital expenditure of Rs 1.48 lakh crore for the Indian Railways in his Budget 2018
He also proposed a target of doubling 18,000 km of lines.3
36,000 km of rail track renewal were targeted while 4,267 unmanned railway crossings on broad gauge routes were targeted to be eliminated in
600 stations were earmarked for modernisation by the Indian Railways.Budget 20171
For financial year 2017-18, the total capital and development expenditure of Railways were pegged at Rs
It was proposed that 500 stations will be made differently-abled-friendly by providing lifts and escalators.4
It was also proposed to feed about 7,000 stations with solar power in the medium term.5
'Coach Mitra', a single-window interface to register all coach-related complaints and requirements was also announced.Get Breaking news,
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