MoS Gohain assures fast development of Railways

Image
ANI New Delhi [India]
Last Updated : Feb 01 2018 | 4:00 PM IST

Minister of State (MoS) Railways Rajen Gohain on Thursday said that the Railways Budget introduced as part of the Budget proposals for 2018-19 by Finance Minister Arun Jaitley includes everything and assured fast development of the sector.

Gohain told ANI, "Lots of changes and allotment have been introduced. Everything is being covered in Railway Budget, including escalator and many more. Development will be done in haste."

Connectivity, especially railways, has been given a record allocation in the Union Budget 2018. Finance Minister Arun Jaitley announced a number of schemes and measures that are expected to benefit the sector and bring the infrastructure on track.

"12,000 wagons, 5160 coaches and 700 locomotives being procured. There is significant achievements of physical targets by Railways," Jaitley said in parliament.

All railways stations and trains to have Wi-Fi and CCTVs progressively. Redevelopment of 600 major railway stations to be taken up. Mumbai transport system will be expanded. The government plans to spend Rs. 11,000 crores to add tracks to the local train network. Focus for the coming years will be on safety, maintenance of railway tracks, increasing the use of technology and fog safety devices, FM Jaitley said in the Parliament.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2018 | 4:00 PM IST

Next Story