As the Central Budget is going to be presented on the 23rd, it is expected that there will be announcements regarding the development of the railway sector. It has been reported that special emphasis will be placed on safety and capacity to handle more passengers.
Since 2017, separate budget is not presented for railway department. Railway related announcements are also published in the General Financial Statement itself. Accordingly, the Central Budget for the financial year 2024-2025 will be tabled in Parliament on the 23rd. Finance Minister Nirmala Sitharaman will present the budget.
As it is the first budget to be presented after the formation of the Modi 3.0 government, expectations on it have increased. Various parties are saying that it would be good if announcements were made, especially regarding the increase in the personal income tax ceiling and to attract train passengers.
50 percent of ticket price for senior women citizens before 2020
A discount of 40 per cent was given to male senior citizens and transgenders. This offer was discontinued during the Corona period. In this case, it seems that the ticket concession for senior citizens may be given again in the upcoming budget. It is expected that concessions may be given only to those who ask, not to all, or that senior citizens traveling in second class may be given a discount on the ticket price.
Senior citizens have said that it would be good if they also get the same fee concession as the differently abled, 11 categories of patients and 8 categories of students.
Also, it seems that more attention will be given to increase the space in public coaches to avoid overcrowding and avoid train accidents. It is said that funds will be allocated in the budget to carry out these works.
It is said that announcements may be made related to the creation of new railway lines, improvement of the existing railways, and to overcome the shortage of manpower in the train driver’s job. Further allocation of funds for projects including metro rail, increase in Vande Bharat trains is expected to be announced.
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