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Indian Railways To Set Up Kisan Rail To Transport Perishable Goods: Nirmala Sitharaman

The Government Is Expected To Announce Privatisation Of Some Railway Stations Along With Announcing New Routes.

News Nation Bureau | Edited By : Raghwendra Shukla | Updated on: 01 Feb 2020, 12:34:12 PM
Rail Budget 2020

Rail Budget 2020 will be presented by Nirmala Sitharaman. (Photo Credit: PTI)

New Delhi:

Union Finance Minister Nirmala Sitharaman will present Rail Budget 2020 on February 1. Earlier, both the Railway Budget and the India Budget used to be tabled separately. Beyond infrastructural boost, the Centre may this time focus on public-private-partnership programmes. The government is expected to announce privatisation of some railway stations along with announcing new routes. This is for the second time that Sitharaman will present the Railway Budget. Earlier on July 5, 2019, she presented Railway Budget 2019 along with Budget 2019.

Railway Budget 2020 Live Updates:

App based invoice financing for MSMEs: FM

550 wi-fi facilities have been commissioned at railway stations, says FM.

50 private trains, more Tejas-type trains to connect tourist destinations, says Nirmala Sitharaman

I propose to provide Rs 1.7 lakh crores for transport infrastructure in 2020-21: Finance Minister Nirmala Sitharaman

Sitharaman said there are plans to energise economic activity along river banks.

Delhi-Mumbai Expressway to be completed by 2023, Chennai-Bengaluru Expressway to be launched: FM

1,150 trains to be run in PPP mode, also 4 stations to be redeveloped with help of private sector, says FM

Government to develop solar capacity in Indian Railways for solar panel providers.

Aim to achieve 11,000 Km of track electrification, says Nirmala Sitharaman.

Setting up large solar panel capacity alongside the railway tracks on land owned by railways, a proposal is under consideration. More Tejas type trains will connect iconic destinations: FM

Indian Railways will set up Kisan rail with refrigerators so that perishable goods can be transported. Krishi Uddan will be launched by the Civil Aviation: Nirmala Sitharaman

GST has resulted in efficiency gains in transport and logistics sector, inspector raj has vanished, it has benefitted MSME: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman presents Budget 2020 in Parliament.

Prime Minister Narendra Modi arrives at the Parliament, ahead of presentation of Union Budget 2020-21.

Home Minister Amit Shah arrives at the Parliament, ahead of the presentation of Budget 2020.

Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur arrive at the Parliament, to attend Cabinet meeting; Presentation of Union Budget 2020-21 at 11 am.

Union Cabinet Secretary Rajiv Gauba arrives at the Parliament.

Sensex opens 200 points down, Nifty below 11,900 ahead of Budget 2020.

Finance Minister Nirmala Sitharaman and her team to meet President Ram Nath Kovind, ahead of presentation of Budget.

The electrification of Indian Railways’ broad gauge network was proposed to be done by 2021-22.  

In 2019-20, 7000 route kilometres has been targeted for electrification.

The Public-Private Partnership (PPP) model was proposed for faster development and completion of rail tracks.

This amount was 20 per cent higher than that of the previous year.

For the financial year 2019-20, capital expenditure for Indian Railways was pegged at Rs 1,60,176 crore.

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First Published : 01 Feb 2020, 07:56:33 AM