The Indian Railways are the lifeline of the country, and the common man every year expects big announcements from the Rail Budget 2020.
Finance Minister Nirmala Sitharaman today made some new announcements in her Budget Speech. Here are the Highlights:
- Creation of a Kisan Railway through the Public-Private Partnership (PPP) model by Indian Railways. The lorries would feature refrigerated bogies to promote the transport of perishable goods.
- The funding pattern for Rs 18,600 crore Bengaluru Suburban Transportation Project, was clarified as, center would fund 20% of the project and also facilitate 60% funding from external agency.
- Stress on large solar power capacity alongside existing railway trains.
- More Tejas trains to connect tourist spots in the country.