Cash Strapped Railways To Budget For Less Than 100 New Trains

22/02/2015 11:15 AM IST | Updated 15/07/2016 8:25 AM IST
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Indian fishermen, who were imprisoned in a Pakistani jail, wave as their train pulls out of the railway station in Ahmedabad on February 19, 2015. Some 172 Indian fishermen arrived in the city after they were released from a Pakistani jail. Fishermen are often arrested for violating the International Maritime Boundary Line (IMBL), mainly in the Arabian Sea, due to poorly-marked water boundaries and ill-equipped boats that lack the technology to specify exact locations. AFP PHOTO / Sam PANTHAKY (Photo credit should read SAM PANTHAKY/AFP/Getty Images)

NEW DELHI — With Railways reeling under a financial crunch, the number of new trains to be announced in the Rail Budget is unlikely to be more than 100, much less than what is the normal practice every year.

Rail Minister Suresh Prabhakar Prabhu, who is considered to be pro-reform, is unlikely to announce many rail projects despite demands from states as several unfinished works are already languishing over the years due to lack of funds.

It has been a popular practice of the Railways to announce launching of about 150 to 180 new trains in its budget every year. About 160 trains were announced last year.

According to sources, Prabhu may just take a different approach by not announcing too many new trains in his maiden budget speech and instead do it gradually over the course of the year.

"After weighing pros and cons of a radical proposal of not to announce any new train in the budget, it now seems that a revised proposal is being firmed up for going ahead with announcement of limited number of new trains," they said.

There might also be a proposal to brand some of the trains in a move to generate additional funds.

As per the proposal, these trains will carry advertisements of some popular brands and may even be named on them such as the Coca Cola Express or Haldiram Express.

The Rail Budget is also likely to have proposal for more unreserved trains with general second class coaches such as the 'Jan Sadharan Express' on popular routes to facilitate travel for the common man. Besides some popular destinations will be connected with new service as tourist trains.

The Railway Budget will be presented in Parliament on February 26.

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