Union Budget 2017 – Railways, Roads and Waterways

2. Union Budget 2017 – Railways, Roads and Waterways

3. Railways
10 things Jaitley announced to improve Indian Railways
1) In the wake of frequent fatal accidents, a rail safety fund with corpus of Rs 100,000 crore will be
created over a period of five years. This will be called the Rashtriya Rail Sanraksha Kosh.
2) At least 25 stations expected to be awarded for station redevelopment during 2017-18
3) 500 stations to be made friendly for differently-abled by providing lifts and escalators.
4) By 2019, all coaches of Indian Railways will be fitted
with bio-toilets.
5) Railways will integrate end to end transport
solutions for selected commodities through partnership.

4. 6) Unmanned railway level crossings to be eliminated by 2020
7) Railway lines of 3,500 km will be commissioned in 2017-18, as against 2,800 km in 2016-17
8) Railway tariffs to be fixed on the basis of cost, social obligation and competition Railway line of
3,500 km will be commissioned in 2017-18 as against 2,800 km in 2016-17.
9) Expert international assistance will be harnessed to improve safety preparedness and
maintenance practices.
10) Steps will be taken to launch dedicated trains for tourism and pilgrimage.

5. Roads
Infrastructure Budget allocation
Arun Jaitley proposed a total allocation of Rs. 39,61,354 crore for Infrastructure.
Rural road connectivity
FM Arun Jaitley said that PMGSY roads work accelerated to 133 km roads/day in 2016-17 as
against 73 km/day during 2011-14. He proposed an allocation of Rs. 19,000 cr for Pradhan
Mantri Gram Sadak Yojana in 2017-18.

6. Coastal roads
In one of the most important announcements this year, Finance Minister Arun
Jaitley said that around 2000 km of coastal roads have been identified for
construction. This will help to accelerate the development of Coastal Economic
Zones.
Construction and maintenance
FM Arun Jaitley proposed that allocation for construction and maintenance for
National Highways be hiked from Rs 57,673 crores to Rs 64,000 crores. He said that
the total length of roads built from 2014-15 is about 140,000 km higher than
previous 3 years

7. Waterways
 Inland Waterways Authority looks to raise Rs 1000 crs from market through bond issuance.
 Less dependence on the Budget
Inland Waterways Authority, which is hopeful of getting budgetary allocation of Rs 4,000 crore,
is moving ahead with its plan to raise government-serviced bonds.
 Water ways have Less dependence on the Budget

8. Thank You
By
Group IV