Sree Vijaykumar |
From the Editor's Desk For the first time in the history of independent India, the Railways did not have a separate budget presentation in parliament in 2017. The Rail budget that was a common feature prior to the Union Budget has now been merged with the General Budget. The year 2017 also saw Ministry of Railways under the former union minister Suresh Prabhu create a Vision Document for 2017-19 to bring major reforms in Railway infrastructure, financing of projects, improvement in efficiency of rail networks and overhauling of the organisational set-up. As per the five point formula, Railways will increase throughput on the existing network, build more terminal infrastructure, create innovative fund-raising and sourcing options, and accelerate infrastructure build-out along with build out of a high-speed network. More here
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