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First combined Budget of Independent India that includes Railways presented Total Capital And Development Expenditure of Railways pegged at ₹ 131000 crores Government to focus on Swachh Rail ; ₹ 1 lakh crores Rashtriya Rail Sanraksha Kosh to be created in 5 years Cashless reservations go up from 58 to 68

Budget - Dated:- 1-2-2017 - Press Information Bureau Government of India Ministry of Finance 01-February-2017 14:20 IST The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18, in Parliament today, said that this Budget is the First combined Budget of Independent India that includes the Railways. He said that India is now in a position to synergize the investments in railways, roads, waterways and civil aviation. For 2017-18, the total .....

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h crores over a period of 5 years, to be funded by seed capital from the Government, Railways own revenues and other sources. Further, Shri Jaitley informed that the Government will lay down clear cut guidelines and timeline for implementing various safety works to be funded from this Kosh . Unmanned level crossings on Broad Gauge lines will be eliminated by 2020. Expert international assistance will be harnessed to improve safety preparedness and maintenance practices. Talking about the propose .....

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and development. Regarding station redevelopment, the Finance Minister Shri Jaitley informed that at least 25 stations are expected to be awarded during 2017-18 for redevelopment and 500 stations will be made differently abled friendly by providing lifts and escalators. It is also proposed to feed about 7,000 stations with solar power in the medium term, of which, a beginning has already been made in 300 stations. Works will be taken-up for 2,000 railway stations as part of 1000 MW solar missio .....

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