Monthly Archives: | March, 2016

Rail budget 2016-17 updates

Railway Minister Suresh Prabhu presented budget for 2016-17 detailed the projects that he wished to undertake in the next financial year. In this budget minister not announced a hike in either freight fares or passenger. Prabhu said that the largest employer of public sector in India, money rises through monetizing assets.  The minister has announced 4 new trains services specifically at people from lower-income background and evolve new methods of revenue generated. While presented budget the minister announced new trains named as Humsafar, Tejas, Uday Express and Antyodaya Express. ‘The Humsafar’: This train will be fully air-conditioned third AC service with an optional service for meals. ‘The Tejas Express’: It is hinting at semi –high speed trains, operating at speeds of 130 kmph and above and offer onboard services i.e. entertainment, local cuisine, Wi-Fi, etc.,  through one service provider while ensuring accountability and maintain customer satisfaction. Prabhu said that ‘Tejas’ will be ‘future of train travel in India’. ‘The UDAY Express’: Prabhu said that UDAY Express is overnight double-decker. This train is basically Utkrisht Double Decker Air Conditioned Yatri Express will be introduced on the busiest routes, with an increased carrying capacity of almost 40%. ‘The Antyodaya Express’: Antyodaya is