"Railways and roads are the lifeline of the country. Feel proud to present the first combined budget,” said Jaitley. He announced that the setting up of a Rs 1 lakh crore special fund, Rashtriya Rail Sanrakshan Kosh (RRSK), for a five-year safety upgrade. Unmanned level crossings will be eliminated by 2020, Jaitley said. He also said that the railways will usher in competitive ticketing facilities and withdrew the service charge on tickets booked through IRCTC. A new metro rail policy is also in the works, Jaitley said. Among other things, Jaitley said that 25 new railways stations will be developed and 500 stations will be equipped with lifts and escalators for the differently-abled.
Currently, IRCTC charges Rs 40 on every ticket booked in air-conditioned classes. For sleeper class, a service charge of Rs 20 is levied by IRCTC when ticket is booked through its website.
Budget 2017 - Here are some reactions from Twitter users:
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in