Railway Budget 2016 is to be announced on 25th February 2016, which means We soon gonna put a full stop on your thoughts which are eagerly waiting for the Indian Rail Budget 2016 alongside Union Budget 2016! Coming days are hard for Indian Railways as the loss experienced by Indian Railways is quiet huge due to the Cancellation of Trains by Jat Revolt in major parts of India! But still the main concern will be apart from being in loss, will Indian Railways be able to provide a better Rail Budget for 2016 or not?
Major announcements Indian Rail Budget 2016 :
Unlike previous year Indian Rail Budget we are expecting a lot more high outcome with many trains being announced that will seriously benefit to major parts of society! Here are the major expected Announcements that could be made as soon as Indian Railway Budget 2016 comes into enforcement :
- Many new trains being introduced! That will increase the transport system nationwide as a result easiness to local passengers by introducing Local trains (Especially in Mumbai 😉 )
- Whats More?- Dont we not want that the fare to go low, and the facilities to be increased in Rail Budget 2016! But thats not true this time! As the Indian Railways is in great loss so we can expect hike in price this Rail Budget 2016 which is obvious in order to provide better facilities!
- Yea, free Internet in trains is no more a dream! Following onto right path of Digital India Modi’s govt is trying hard to achieve the same! As a result free wifi can be installed on all the major trains across India which will surely draw many tourists who prefer Airways when compared to Railways.
- Alongside Trains, we also have information that Few more New Railway Stations can be announced this Railway Budget, thereby increasing convenience all over the nation!
Indian Railway Budget 2016 Announcement Dates, Ticket Price Hike ?
Well it is quiet difficult to say whether the prices for the Reservation in Indian Railways will be increased or decreased! But the thing is we gonna surely get better facilities of Bookin Tickets of Train easily when compared with current Indian Railway Booking System with Tatkal Scheme amendments! This is not all what we have!
The overall capital outlay for Indian railways is expected to increase 20-25% at Rs 1.25 lakh crore for fiscal year 2017, with thrust towards improving rail infrastructure, safety and upgrading the current rolling stock said analysts. The key beneficiaries from improvement in the investment outlook of railways are Siemens, BEML, Texmaco, Titagarh Wagons, and Timken.
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