Railways will continue to make losses, Budget 2017 does nothing for it

Railways will continue to make losses, Budget 2017 does nothing for it

For the first time in the history of the country since 1924, the practice of having a separate railway budget was shelved and it was presented as a part of the Annual Budget by Finance Minister Arun Jaitley.

At first glance, the railway announcements seemed to address quite a few pertinent issues that would guarantee enhanced comfort for every citizen. But, a look deeper at the allocations raises some convcerns.

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Suresh Prabhu, Minister of Railways seemed quite impressed by the announcements. "Path breaking budget, a new era has begun." he said.

Here's what awaits Indian Railways in the year 2017-2018:



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