Unmanned level crossings are a major reason for train accidents.
Railways will implement end-to-end integrated transport solutions for selected commodities through partnership with logistics, who will provide both front and back-end connectivity. Rolling stock and practices are to be customized for perishable goods especially agricultural goods, as per the budget proposals.
As a part of accounting reform a pool-based financial system will be ruled out by March 2019. It will now be our continuous endeavour to improve the operating ratio of the railways. The tariff of the railways would be fixed taking into consideration cost quality of service, social obligation and competition from other forms of transport.
The budget for railways will focus on 4 major areas - passenger safety, capital and development work, cleanliness and financial and accounting reforms.
Highlighting the need for green energy, the budget has proposed to feed 7,000 stations with solar power in the medium term.
A beginning has already been made in 300 stations and work will be taken up for 2,000 railway stations as the part of 1,000 megawatt solar mission.
Private plants for environment friendly disposal of solid waste and conversion of biodegradable waste and energy are being set up at New Delhi and Jaipur railway stations. Five more such solid waste management plants are now being taken up in the next fiscal.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
