The Times Of India | Feb 29, 2016 , 17:17:44 IST

Union Budget 2016

Arun Jaitley said the Union Budget is aimed at improving rural infrastructure and increasing rural income as the biggest challenge to the economy is agrarian distress. Stay with us for live updates.
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01:55 PM (IST)

01:55 PM (IST)

Certainly this Railway Budget will give a good result in the future

Sadananda Gowda, Former Railway Minister
01:53 PM (IST)

Chennai's suburban network is set to get a boost as railway minister Suresh Prabhu has proposed a joint venture with the Tamil Nadu government to develop stations and train services.

01:50 PM (IST)

No changes in passenger fares, freight

The Railway Budget for 2016-17 today spared passengers and goods movement from any increase in tariffs while it announced introduction of three new superfast trains and creation of dedicated north-south, east-west and east coast freight corridors by 2019.

Presenting his second Budget in the Lok Sabha, Railway Minister Suresh Prabhu promised rationalising of the tariff structure by undertaking a review to evolve competitive rates vis-a-vis other modes of transport and to expand the freight basket as a means of additional revenue mobilisation.

01:49 PM (IST)

01:47 PM (IST)

01:42 PM (IST)

The minister is trying to make Railways more popular by taking realistic measures

Venkaiah Naidu
01:42 PM (IST)

It was a visionary budget, many steps laid out which will improve infrastructure

Rajnath Singh
01:35 PM (IST)

01:35 PM (IST)

01:21 PM (IST)

01:14 PM (IST)

We have started a journey and we will go all the way

Suresh Prabhu
01:14 PM (IST)

I intend to go all the way on reforming Railway: Prabhu

01:13 PM (IST)

Mission raftar to double speed of freight, superfast trains: Suresh Prabhu

01:12 PM (IST)

To set up collision avoidance system at high traffic networks: Suresh Prabhu

01:09 PM (IST)

01:08 PM (IST)

01:07 PM (IST)

01:04 PM (IST)

01:03 PM (IST)

India's first auto hub to be inaugurated in Chennai

01:03 PM (IST)

Railways University

National academy of railways at Vadodara to be upgraded to a full-fledged university

12:59 PM (IST)

New suburban sections

Will partner with Gujarat, Telangana & Tamil Nadu for developing suburban sections in Ahmedabad, Hyderabad & Chennai by innovative financing mechanism: Suresh Prabhu

12:58 PM (IST)

12:58 PM (IST)

Propose to invite FM radio stations to provide train borne entertainment

Suresh Prabhu
12:57 PM (IST)

Passenger amenities at pilgrimage centres

We intend to take up on priority provision of passenger amenities and beautification of stations at pilgrimage centres including Ajmer, Amritsar, Bihar Sharif, Chengannur, Dwarka, Gaya, Haridwar, Mathura, Tirupati, Varanasi: Suresh Prabhu

12:56 PM (IST)

Coolies to be now called 'Sahayaks'

Porters to not be called "coolies" but be called "sahayaks" now. They will be trained in soft skills: Suresh Prabhu

12:54 PM (IST)

12:53 PM (IST)

12:52 PM (IST)

Travel insurance for passengers

Optional travel insurance for passengers and hourly booking of waiting rooms: Suresh Prabhu

12:52 PM (IST)

Disabled friendly toilet

At least one disabled friendly toilet in each station during this financial year, Suresh Prabhu says

12:51 PM (IST)

IRCTC to manage catering service: Suresh Prabhu

12:50 PM (IST)

124 MPs have committed to contribute from MPLADS for passenger amenities: Suresh Prabhu

12:46 PM (IST)

12:45 PM (IST)

12:45 PM (IST)

Local cuisine of choice will be made available to passengers: Prabhu

12:44 PM (IST)

We will introduce bar-coded tickets, Suresh Prabhu says

12:44 PM (IST)

Passengers can demand cleaning of a toilet based on a SMS

Suresh Prabhu
12:43 PM (IST)

12:43 PM (IST)

All stations will be brought under CCTV surveillance: Suresh Prabhu

12:43 PM (IST)

World's first Bio-vacuum toilet developed by Indian Railways is being used in Bibrugarh Rajdhani express: Suresh Prabhu

12:42 PM (IST)

Cabinet approved joint ventures with State govts and 17 consented. 6 MoUs have been signed with state govts: Suresh Prabhu

12:42 PM (IST)

A single accident or loss of a single life causes me great sorrow and anguish: Suresh Prabhu

12:42 PM (IST)

Walls of many stations have been converted to murals, also contributing to social awareness: Suresh Prabhu

12:39 PM (IST)

This is not only a moment for evolution of new idea but also an examination of last year's momentum. We hope to generate revenue to the order of Rs 1,84,820 crores: Suresh Prabhu

12:39 PM (IST)

Broad gauge line building target at 7 km/day: Suresh Prabhu

12:39 PM (IST)

We hope to generate revenue to the order of Rs 1,84,820 crores: Suresh Prabhu

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