Railway Budget To Focus On Safety, Infrastructure Development

A safety fund of Rs 20,000 crore for railways reeling under a series of deadly derailments, development of new lines, station redevelopment and setting up of Rail Development Authority and High Speed Rail Authority will be in focus as Finance Minister Arun Jaitley presents the first Rail Budget subsumed in the Union Budget



tomorrow.

Jaitley is likely to give more focus on infrastructure development such as new lines, doubling, station redevelopment, and safety upgradation.

Going ahead with the government's reform agenda, Jaitley will discard the 92-year-long tradition of presentation of a separate Rail Budget and instead make it part of the Union Budget earmarking a few paragraphs on the public transporter's finance, projects and the road map for the next fiscal.