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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12:38 PM (IST)

Broad gauge line building target at 7 km/day. This is not only a moment for evolution of new idea but also an examination of last year's momentum: Suresh Prabhu

12:35 PM (IST)

Intend to commission Wi-Fi in 100 stations this year and 400 other stations next year. We are partnering with Google for this purpose, Suresh Prabhu informed the Lok Sabha

12:35 PM (IST)

World's first bio-vaccum toilets were developed by us and this is being used on the Dibrugarh Rajdhani Express: Suresh Prabhu

12:35 PM (IST)

Have introduced 1,780 automatic ticket vending machine, mobile apps, & GOIndia smart card for cashless purchase of UTS and PRS tickets

Suresh Prabhu
12:34 PM (IST)

Increased quota of lower berths for senior citizens and women passengers: Railway Minister Suresh Prabhu

12:34 PM (IST)

We will improve our performance yardsticks and procurement norms to bring them in line with international best practices: Suresh Prabhu

12:31 PM (IST)

12:31 PM (IST)

Our mission is to ensure 100% transparency. Social media is also being used as a tool to bring transparency

Suresh Prabhu
12:30 PM (IST)

Today there is no barrier between the common passengers and the Railways

Railway Minister Suresh Prabhu
12:30 PM (IST)

The common people have always been the focus of all our initiatives: Railway Minister Suresh Prabhu

12:29 PM (IST)

Our mission is to ensure 100% transparency. Social media is also being used as a tool to bring transparency: Suresh Prabhu

12:29 PM (IST)

Indian Railways to surpass ambitious target of commissioning 2500 kms of broad gauge lines, almost 30% higher than last year: Suresh Prabhu

12:28 PM (IST)

12:27 PM (IST)

12:26 PM (IST)

Our mission is to ensure 100% transparency. Social media is also being used as a tool to bring transparency: Suresh Prabhu

12:26 PM (IST)

More dedicated freight corridors to accommodate the increased demand in freight transport: Railway minister

12:26 PM (IST)

Port connectivity and North East connectivity will be priority in this budget. Mizoram and Manipur to be brought under broad gauge soon: Suresh Prabhu

12:24 PM (IST)

I'm happy to announce that action has been initiated on 139 budget announcements made last year

Suresh Prabhu
12:24 PM (IST)

Rs. 8.5 lakh crore to be spent over 5 years for modernization of railway infrastructure: Suresh Prabhu

12:23 PM (IST)

1,600 km of electrification this year and 2,000 km in the next year are proposed, says Railway Minister

12:22 PM (IST)

Railways will be at the forefront of infrastructure development in India: Railway Minister

12:22 PM (IST)

Indian railways is also looking forward to setting up a fund with multilateral assistance for financing railway projects: Prabhu

12:22 PM (IST)

LIC has agreed to invest ARs 1.5 lakh crore over five years on extremely favourable terms: Suresh Prabhu

12:20 PM (IST)

We have introduced new way of funding our projects through institutional financing: Prabhu

12:19 PM (IST)

Bankable railway projects are now assured of funding and should be completed in the next 3-4 years

Suresh Prabhu
12:19 PM (IST)

Poised to commission 7 km of broad gauge lines in this year against an average of 4.3 km: Suresh Prabhu

12:19 PM (IST)

We will be surpassing the ambitious target of commissioning 2500 km of broad gauge lines: Suresh Prabhu

12:14 PM (IST)

12:14 PM (IST)

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

12:12 PM (IST)

Co-operation, collaboration and communication, are the hallmarks of Indian Railways's journey forward: Suresh Prabhu

12:11 PM (IST)

For year 2016-17 we expect the operating ratio of 92%: Suresh Prabhu

12:11 PM (IST)

Rail Budget 2016 is a story of transformation. We need to reorganise & rejuvenate the Indian Railways: Suresh Prabhu

12:11 PM (IST)

12:09 PM (IST)

12:08 PM (IST)

Our core objective is to become an engine of employment generation & economic growth at national level: Railway minister

12:08 PM (IST)

12:07 PM (IST)

This is not my budget alone, it is a budget that reflects the aspirations of the common citizens of India: Suresh Prabhu

12:04 PM (IST)

Railway minister Suresh Prabhu presents Rail Budget 2016

11:59 AM (IST)

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10:59 AM (IST)

Congress gives notice to Lok Sabha speaker Sumitra Mahajan that Smriti Irani should apologize for taking MPs’ name in Parliament.

10:57 AM (IST)

10:56 AM (IST)

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