Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Phone Reviews
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Phone Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / India News / Railway Budget'18: Rs. 78,000cr to automate Indian Railways
  • India

    Railway Budget'18: Rs. 78,000cr to automate Indian Railways

    Krunali Shah
    Written by
    Krunali Shah
    Mail
    Last updated on Jan 31, 2018, 12:10 am
    Railway Budget'18: Rs. 78,000cr to automate Indian Railways
  • After 2017's historic reform of merging the two budgets, this year Railway Budget will be presented along with the Union Budget on February 1.

    It is politically crucial, considering the upcoming assembly elections in eight states and 2019 Lok Sabha elections.

    With controversies ranging from accidents to deteriorating quality of food, commuters have many complaints.

    So, what can be expected from this year's budget?

  • In this article
    How is the government planning to address safety concerns? What else is the Railways planning? But, does Railways have the money for such lofty goals?
  • Safety

    How is the government planning to address safety concerns?

    How is the government planning to address safety concerns?
  • Regarding safety, the buzz is that modernization of the Indian Railways' entire signalling system, including automation, at a whopping cost of Rs. 78,000cr will probably be accepted at this year's budget.

    This will also speed up trains' movement.

    For better signalling, the Railways will introduce European Train Control System Level-2 and mobile train radio communication systems and increase the electronic interlocking systems.

  • Other plans

    What else is the Railways planning?

    What else is the Railways planning?
  • Laying new lines, gauge conversion, track doubling and electrification will remain part of the budget.

    Further, it will also pitch for the procurement of about 12L CCTV cameras. In this year's budget, it might shell out Rs. 3,000cr to install CCTV systems in 11,000 trains.

    With the goal of eliminating all unmanned level-crossings by 2020, this year's target is around 5000 crossings.

  • Finance

    But, does Railways have the money for such lofty goals?

    But, does Railways have the money for such lofty goals?
  • Indian Railways is seriously strapped for funds. So, this year, it will make an effort to reduce working expenses, generate funds from internal resources/market and boost investment.

    It may receive Rs. 65,000cr as gross budgetary support (GBS), an increase of Rs. 10,000cr from the last year's.

    Further, last budget's Rs. 1Lcr Rashtriya Rail Sanrakshya Kosh will roll out Rs. 20,000cr this fiscal.

  • India
  • Lok Sabha
  • Indian Railways
  • Arun Jaitley
  • Railways Budget
  •  
Latest News
  • Leeds United stun Manchester City in Premier League: Records broken
    Leeds United stun Manchester City in Premier League: Records broken
    Sports
  • Nokia 4.2 receives March 2021 security via Android 11 update
    Nokia 4.2 receives March 2021 security via Android 11 update
    Science
  • Samsung to make OLED TVs using LG panels
    Samsung to make OLED TVs using LG panels
    Science
  • 'Ticket to Paradise,' starring Clooney-Roberts, to release next September
    'Ticket to Paradise,' starring Clooney-Roberts, to release next September
    Entertainment
  • KTM RC 390 discontinued from official India website
    KTM RC 390 discontinued from official India website
    Auto
Related Timelines
  • Union Budget 2021 on February 1: Here are key expectations
    Union Budget 2021 on February 1: Here are key expectations
    Business
Trending Topics
ISRO Vaccine
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love India news?

Subscribe to stay updated.

India Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Indian Premier League Chris Lynn Samsung Virat Kohli
Rohit Sharma Cricket News Mahendra Singh Dhoni YouTube Hollywood News WhatsApp Bollywood News Real Madrid ISRO Yoga
Honda Batman Football News BMW Vaccine Reliance Jio OPPO Food News, Healthy Recipes Apple Tesla
Royal Challengers Bangalore Toyota Fashion Tips Amit Shah Mercedes Sidharth Malhotra Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV
Smart TV Marvel Comics Avengers Neha Kakkar
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021