Nine more high-speed trains, faster speed of existing trains, Wi-Fi in 400 stations are among the other highlights of the budget
Says Indian Railways has to be made a benchmark organisation in safety, security and infrastructure
However, changes were made in freight rates
Now passengers can book tickets 4 months in advance
Railway Minister Suresh Prabhu said a part of the Rs 1,000 crore Nirbhaya Fund will be utilised to augment safer travel for women
Says if they fulfill even a fourth of promises made earlier, the railways will move forward
The 30-share Sensex was down 256 points at 28,752 and the 50-share Nifty was down 73 points at 8,694
He has proposed an operating ratio at 88.5% as against the targeted ratio of 92.5% for 2014-15
Says for bullet trains there is neither proper infrastructure nor any law for acquisition of land
Says it is their concern to deliver better customer services in the next five years
Says focus will be on improving passenger amenities including cleanliness
India is expected to spend Rs 94,587.95 crore in 2014-15 as capital expenditure, a 20% increase from Rs 78,872.23 crore last year
He added that the govt would try to maintain a balance between the interest of the Railways and the interests of the common man
The Modi-led NDA Government's first full-fledged railway budget will be tabled today by Union Railway Minister Suresh Prabhu
Union Railway Minister Suresh Prabhu will present Rail Budget for fiscal year 2015-16 in the Parliament later in the day
Railways to get at least 25% boost in investment to over $9 billion
Fall in oil prices likely to give railways 25% boost in investments
The operating ratio is a parameter that measures financial performance for an organisation
Expectations from Budget high, but industry fears an aam aadmi focus
Demand a withdrawal or cut of MAT, DDT to make the zone financially viable