Indian Railways



      

UITP INDIA SEMINAR ON URBAN RAIL NETWORK – BUILDING SUSTAINABLE CITIES

Introduction

Transport infrastructure is one of the most important factors for a country's progress. To keep this faster pace, for moving people, urban rail projects are playing a crucial role not only as a transportation solution but as a means to transform cities. 52.8% of India's population would be living in cities and towns by mid-century compared to 32.8% in 2015, i.e. more than 750 million inhabitants.

INDIAN BUDGET – IMPLICATION FOR TRANSPORT SECTOR

Government of India has unveiled its annual budget for year 2017-18 with big fanfare. The government has allocated INR 2413.87 billion (US$ 37 billion) in 2017-18 for transportation sector as a whole, including rail, roads, shipping. It is expected that the magnitude of investment will spur a huge amount of economic activity across the country and create more job opportunities.

1.       KEY HIGHLIGHTS

The major highlights of the budget are:

RAILWAYS

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