For the second time, the railway budget was presented as a part of the general budget, instead of being presented separately, as was the case prior to 2016. Finance Minister Arun Jaitely set ambitious targets for the Indian Railways, with a capital expenditure of Rs. 1.48 lakh crore. Here are the key highlights:
*18,000 kms of doubling of railway tracks would eliminate capacity constraints
*India is moving towards optimum electrification of railway
*Over 3,600 km of track renewal is being targeted in 2018-19
*Railway Capital Expenditure is set at Rs. 1.48 lakh crores.
*4,267 unmanned level crossings to be eliminated in two years
*All stations and trains to gave WiFi
*Rs. 17,000 crore allocated for Bengaluru Metro
*Rs. 11,000 crore allocated for Mumbai Suburban Rail network
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