Union Budget 2020 - Focus Railways

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Union Budget Focus on Railways

Railways need 50 lac crores between 2018-2030 to complete all its sanctioned projects.
Hence, need of private investment is inevitable.

Three pillars: 
Safety, Modernization & Privatization

Five measures announced today
Setting up solar power plant capacity along the rail track
Railway station redevelopment project
1150 private passenger trains through PPP mode
More Tejas type trains
Outlay of 18600 cr for Bangalore Suburban metro model

Announcement of Kisaan Rail under Aspiration India theme wherein perishable items will be transported on refrigerated VUs which will act as cold supply chain which will benefit farmers.

Capital expenditure outlay is 1.7 lac crores up by 6% from last year. 

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