Highlights from Railway Budget 2016-17



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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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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