more-inThe Railway Budget presented on Wednesday focusses on improving railway safety, pushing digital transactions, listing railway public sector units and setting competitive rail fares. Finance Minister Arun Jaitley listed the focus areas of Indian Railways — passenger safety, capital and development works, cleanliness and finance and accounting reforms. The Indian Railway Finance Corporation and IRCON too will be listed. Fares may changeThe Finance Minister also spelt out a new formula to set fares for passenger and commodities. As many as 500 railway stations will be made differently-abled friendly by providing lifts and escalators.

Source: The Hindu February 01, 2017 18:45 UTC