Theme of the Budget
Overcoming challenges Reorganize, Restructure Rejuvenate Indian Railways: Chalo, Milkar Kuch Naya Karen
Three pillars of the strategy i.e. Nav Arjan New revenues, Nav Manak New norms, Nav Sanrachna New Structures.
Financial Performance
2015-16- Savings of Rs. 8,720 crore neutralizing most of the revenue shortfall, expected OR 90%;
2016-17- Targeted Operating Ratio (OR) - 92%, restrict growth of Ordinary Working Expenses by 11.6% after building in immedi
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