May 11, 2026 07:14 am (IST)
Follow us:
Prabhu presents Rail Budget, passenger fare not hiked
New Delhi, Feb 25 (IBNS): Giving relief to millions of users, railway fare was not increased in the Union Railway Budget 2016-17 that was presented by Railway Minister Suresh Prabhu in the Parliament on Thursday.
Presenting the budget,Prabhu said 2,800 km of new tracks will be commissioned next year.
The Minister said 17,000 bio-toilets and additional toilets to be provided by end of this fiscal year.
He said railway electrification will be hiked by 50 per cent to 2,000 km route during FY17.
The Minister said the Ministry of Railways have suffered Rs. 30,000 crore loss on subsidising passenger fares during 2015-16 financial year.
Prabhu said Rs. 1.21 lakh crore will be spent on capital expenditure by the railways in the 2016-17.
Prabhu said Railways will introduce Wi-Fi services in 100 new stations this year.
He announced that in the upcoming days facility will be provided to passengers so that they can request the cleaning of coaches through SMS.
Prabhu arrived in Parliament with the budget with his junior minister and posed for mediapersons with the suitcases with the budget papers.
Amid speculations if the fares would be hiked, Junior Rail Minister Manoj Sinha earlier said: "This is the budget to transform the Indian Railways. You have to wait for some time."
The Minister said 17,000 bio-toilets and additional toilets to be provided by end of this fiscal year.
He said railway electrification will be hiked by 50 per cent to 2,000 km route during FY17.
The Minister said the Ministry of Railways have suffered Rs. 30,000 crore loss on subsidising passenger fares during 2015-16 financial year.
Prabhu said Rs. 1.21 lakh crore will be spent on capital expenditure by the railways in the 2016-17.
Prabhu said Railways will introduce Wi-Fi services in 100 new stations this year.
He announced that in the upcoming days facility will be provided to passengers so that they can request the cleaning of coaches through SMS.
Prabhu arrived in Parliament with the budget with his junior minister and posed for mediapersons with the suitcases with the budget papers.
Amid speculations if the fares would be hiked, Junior Rail Minister Manoj Sinha earlier said: "This is the budget to transform the Indian Railways. You have to wait for some time."
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
AI takes over? Cloudflare cuts 1,100 jobs as AI surges
Fri, May 08 2026
Profit jumps 30%! Aditya Birla Capital posts strong Q4 FY26 results
Fri, May 08 2026
Claim Settlement Ratio Explained: How It Affects Your Policy
Thu, May 07 2026
Amidst rising input costs, manufacturing growth remains positive: FICCI Manufacturing Survey
Wed, May 06 2026
Nissan Motor India launches nationwide AC Check-up Camp to help customers stay summer-ready
Wed, May 06 2026
India’s chip dream accelerates! Cabinet approves new Rs.3,936 cr semiconductor push
Wed, May 06 2026