February 26, 2015
Rachel Jubel
Union Railway Minster Mr. Suresh Prabhu presented the Railway Budget 2015 -2016 today. Following are the details of Budget Estimates and Plan Outlay.
Railway Budget 15-16
Budget Estimates for 2015 - 16
The intention is to capture increased revenues and ensure appropriate investments so as to de - congest the system and enhance Line-Capacity.
Passenger earnings growth pegged at 16.7% and target budgeted at Rs. 50,175 crore.
Freight traffic is pegged at an all time high incremental traffic of 85 million tonnes, anticipating a healthier growth in the core sector of economy; Goods earnings proposed at Rs. 1,21,423 crore which includes rationalization of rates, commodity classification and distance slabs.
Other...
