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Rediff.com  » Business » Rail Budget: Where the Re came from, where it went!

Rail Budget: Where the Re came from, where it went!

February 25, 2016 18:03 IST
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Railway Minister Suresh Prabhu presented the Railway Budget at the Parliament on Thursday.

Highlights of the Railway Budget:

* No hike in passenger fares, freight rates

* Rs 8.5 lakh crore (Rs 8.5 trillion) to be spent in 5 years for modernisation of rail infrastructure

* To invest Rs 1.21 lakh crore (Rs 1.21 trillion) in 2016-17.

* 3 new super-fast trains -- Humsafar Express, Tejas, Uday

Read our complete Budget coverage

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