New Delhi: Finance Minister Nirmala Sitharaman presented her first General Budget in the Parliament on Friday. The Modi government has tried to give something to every region in this first budget of its second term.
Let's know what is special for the railway sector in this budget:
- Railways infrastructure needs ₹50 trillion till 2030: FM
- Movement of cargo on Ganga is estimated to rise 4 times in 4 year
- 657 km of
metro rail network has become operational in the country - Railway infrastructure would need an investment of 50 lakh crores between 2018 and 2030
- Railways to be encouraged to invest more in suburban railways through SPV structures such as Rapid Regional Transport System: FM
- PPP to be used to unleash faster development and delivery of passenger freight services
Massive programme of railway station modernization to be launched this year: FM