Railway Minister Suresh Prabhu assured Rajya Sabha that despite having undergone the most difficult year due to Pay Commission implementation, Railway is are on on track and is reducing capital expenditure and exploring all possible ways of revival. Replying to a debate on the Railway Budget, he said, poor procurement of coal, cement, iron ore and even food has affected Railway's capacity to get revenue. Mr Prabhu said, despite this, the Railway is going all out for doubling tracks and electrification.<br/><br/>Comparing India's investment, which is a fraction of what invested by China in the railway, the Minister pointed out that China, which is a 10 trillion dollar economy, has invested two per cent of it, while India, which is only a two-trillion dollar economy has invested 0.4 percent of its GDP in the Railway. On public private partnership investment, Mr Prabhu said there is no other way to raise funds and almost all countries and even Kerala and West Bengal are exploring this mode to raise much-needed funds for expansion. <br/><br/>In this regard, he told members of Odisha and Jharkhand that the budget allocation for their states have seen almost a quantum jump of more than 200 per cent much to the satisfaction of the MPs from these states. But he also assured all other states that there has been a substantial jump in the rail investment in almost all states. <br/><br/>Claiming there has been a dramatic improvement in cleanliness under the NDA Goverment, he cited the new feature introduced of sending an SMS for cleaning of coaches which has already been rolled out besides the emphasis on cleanliness under the Swacch Bharat campaign. <br/><br/>He said, the menace of touts is being controlled and other concerns for families with children travelling by train are being taken care of for the first time. Later the House approved demands for grants for 2016-17 and supplementary demands for grants for 2015-16 along with appropriation bills and returned.
News On AIR | March 15, 2016 7:00 AM
Railways on track despite Pay panel implementation: Prabhu