Prime Minister Narendra Modi said on Thursday that the Railway Budget lays emphasis on investment and information technology and shows the government's commitment to the welfare of poorer sections of society.
The prime minister said this year's Railway Budget builds on the budget presented by Railway Minister Suresh Prabhu last year.
"In the last year, we have seen a lot of success and this budget is an effort to further improve on this," the prime minister said.
Read more from our special coverage on "RAILWAY BUDGET 2016"
- Rail Budget 2016 will make backbone of Indias overall development: FICCI
- Railway Budget 2016: Suresh Prabhu fails to take the bull by its horns
- Rail Budget 2016: More lower berths for elderly, e-tickets easier for disabled
- Rail Budget 2016: Mission zero accident to prevent train mishaps
- Suresh Prabhu attempts a crowd-pleaser railway budget
"The last two budgets focussed on cleanliness, passenger amenities and technological upgradation. Also, the railway projects were defined through commissioning and not completion. I think this is a paradigm shift in the policy," Modi added.
"Along with IT, investment has been given importance," he added.
Modi said the proposal to introduce Antyodaya Express and to add two to four Deen Dayalu coaches reflects the "government's commitment to the welfare of the poor".
Prabhu, presenting the budget in the Lok Sabha, proposed to introduce the Antyodaya Express, a long-distance, fully unreserved, superfast train service for the common man to be operated on dense routes.
He also said that two to four Deen Dayalu coaches will be added to some long-distance trains for unreserved travel to enhance the carrying capacity.
"Concrete steps have been taken to increase the connectivity in backward areas of the country, especially in the northeast. Besides, the perennial problem of carrying capacity of the railways has also been addressed," the prime minister said.
Modi said that the railway budget presented by Suresh Prabhu had made a "quantum leap" with huge investment as compared to the last five budgets of the previous government.
"This budget would turn out to be an important link in nation building. More importantly, state governments are also going to participate in the development and expansion of the railways," Modi said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)