Metro Rail News published February 2020 – Union Budget Special issue, which will help you out to seeks the business opportunity in Metro and Railway Sector, Our February issue focuses on interesting topics such as an innovative idea for Metro & Rail in 2020 and also provides a cover story on Rail Industry Innovation Ideas for 2020. Union Budget 2020 Highlights and Industry Leaders Reaction. Mumbai Metro is chosen as our project of the month and exclusive Interviews of Shri Shri Vinod Kumar Yadav, Chairman, Railway Board, along with other regular columns such as new development in metro project, technology updates, Article, opinions, Awards, appointments, product watch, live tenders, Industry contract, upcoming events and current job openings.
Finance Minister Nirmala Sitharaman presented the most difficult budget of the decade on February 1, 2020, and This was for the second time that Sitharaman presented the Railway Budget along with Union Budget. Which brings more opportunity in Metro, Railway, RRTS and High-Speed Rail sector.
1.7 Lakh crore rupees to be provided for transport infrastructure in the coming financial year and Indian Railways to set up a Kisan rail for the transport of perishable goods. Centre will fund 20% of the 148 km Bengaluru Suburban Railway Network project, costing 18,600 crores with metro-like fares, will help raise 60% of the project cost.
In the next five years, 13.69 lakh crore would be invested on infrastructure for Railway Projects and target to achieve 11000 electrifications of Railway tracks. Station Redevelopment Projects and operation of 150 trains to be done under the PPP model. 550 Wi-Fi facilities to be installed at railway stations. National Logistics Policy will soon be released, creating a single-window e-logistics market.
To achieve higher export credit, a new scheme to be launched which provides higher insurance cover reduced premium for small exporters and simplified procedure for claim settlements. More TEJAS-type trains will connect iconic tourist destinations.
Large solar power capacity to installed alongside rail tracks, on land owned by Railways. High-speed train between Mumbai to Ahmedabad would be actively
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