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August 17, 2026
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Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
August 17, 2026
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FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
August 17, 2026
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Banking sector review panel will align future growth with financial stability, inclusion and consumer protection through government recommendations.
High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
August 17, 2026
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Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
August 17, 2026
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SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
August 17, 2026
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FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
August 16, 2026
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Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
August 16, 2026
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Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
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Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
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LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
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Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
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Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
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Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
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Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
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Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
August 15, 2026
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Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
August 15, 2026
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Energy self-reliance drives diversified fuel sourcing, expanded offshore exploration, and domestic capacity to reduce geopolitical supply vulnerability.
Energy security policy seeks to reduce exposure to geopolitical pressure and supply disruption caused by dependence on overseas fuel and strategic maritime routes. India is diversifying crude oil and LNG sourcing while strengthening domestic hydrocarbon production through offshore exploration, seismic surveys, exploratory drilling and shared infrastructure. Expanded access to sedimentary basins is intended to unlock domestic oil and gas resources. Wider piped natural gas coverage, solar generation, critical-mineral exploration, and nuclear and other non-fossil energy sources support the broader objective of energy self-reliance.
August 14, 2026
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Current account deficit widened as merchandise trade imbalance expanded, despite stronger services surplus, transfers, and positive capital inflows.
India's current account deficit widened in June 2026, principally because merchandise imports increased faster than exports and expanded the merchandise trade deficit. A higher services surplus, increased net transfers and a narrower net income deficit provided partial offsets. Net capital inflows, including foreign direct investment and foreign portfolio investment, supported a positive overall monthly balance. During the April-June quarter, despite increased services surplus and net transfers, the overall balance shifted to a deficit as the merchandise trade deficit widened.
August 14, 2026
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Concessional foreign-currency swap facility closes early for new FCNR(B) deposits while ECB and OFCB access remains available.
The concessional swap facility for FCNR(B) deposits encourages foreign-currency inflows and supports foreign-exchange liquidity. New FCNR(B) deposits eligible for the facility must be mobilised by 31 August 2026, while swaps for eligible deposits may be availed until 11 September 2026. The swap arrangement for External Commercial Borrowings and Overseas Foreign Currency Borrowings remains available until 31 December 2026.

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Highlights of Railway Budget 2016-17 in Questions and Answers Format (Q & A Format)

March 3, 2016

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For the Convenience, the Highlights of Railway Budget, 2016-17 have been complied in questions and answers format which is given below : -

Rail Budget 2016-17

Q. What is the theme of this Budget?

  • To Reorganise, Restructure and Rejuvenate Indian Railways.
  • A new approach, a new way of working - “चलो, मिलकर कुछ नया करें”.
  • Objectives:

Ø  to improve customer service,

Ø  regain the lost modal share, and

Ø  to introduce a new way of working by relooking the processes and structures.

  • 3 pillars of the strategy :

Ø  Nav Arjan or New revenues (focus on new sources of revenue),

Ø  Nav Manak or New norms (optimising outgo on each activity), and

Ø  Nav Sanrachna or New Structures (revisiting all processes, rules, and structures).

Q Is this budget reform oriented?

  • Yes, the Budget 2016-17 focusses on consolidation of the vision set out in the Budget 2015-16.
  • Draft Bill on regulator to be finalized
  • Restructuring Railway Board on business lines
  • Forming cross-sectoral directorates
  • Setting up Railway Planning and Investment Organisation
  • Setting up a holding company for Railway PSUs
  • Creating a separate organization Special Railway Establishment for Strategic Technology & Holistic Advancement (SRESTHA) for R&D
  • Creating an organization Special Unit for Transportation Research and Analytics (SUTRA) for data analytics
  • Setting up duly empowered missions to take forward 7 activities with time bound targets – missions are for switching over to 25 tonne axle load, increasing speeds, accounting reforms, commissioning 100 sidings/PFTs in 2016-17, preparing a blueprint of utilizing the network once DFC is commissioned, zero accident for safety and for procurement and consumption efficiency.

Q How is capacity augmentation planned?

  • Plan Budget is pegged at ₹ 1.21 lakh crore, 21% higher than the expected Plan expenditure in 2015-16.
  • 2015-16 will surpass target of commissioning 2,500 km Broad Gauge lines.
  • 2016-17 commissioning of 2,800 kms of Broad Gauge track.
  • 90 new projects involving a total investment of ₹ 1,26,172 crore covering about 8,432 kms covering new line, doubling, gauge conversion and Metropolitan Transport Project (MTP) included in the Budget.
  • In 2016-17, Broad Gauge lines at the rate of over 7 km per day against an average of about 4.3 Km per day in the last 6 years.
  • This pace will increase to about 13 kms per day in 2017-18 and 19 kms per day in 2018-19
  • Railway Electrification - 1,600 kms to be commissioned in 2015-16; in 2016-17 propose to electrify 2,000 kms.
  • High speed passenger corridor from Ahmedabad to Mumbai; SPV to be registered; will bring in modern technology for the country.
  • DFC – three new freight corridors: North-South connecting Delhi to Chennai, East-West connecting Kharagpur to Mumbai & East Coast connecting Kharagpur to Vijayawada through innovative financing mechanisms including PPP
  • Port connectivity: Tuna Port commissioned in 2015-16 and rail connectivity projects to ports of Jaigarh, Dighi, Rewas and Paradip under implementation. For 2016-17, to take up connectivity for the ports of Nargol and Hazira under PPP.

Q What is there for the Common Man?

  • Introduction of Antyodaya Express, a long-distance, fully unreserved, superfast train service, to be operated on dense routes
  • Addition of two to four Deen Dayalu coaches in some long distance trains for unreserved travel with facility for potable drinking water and a higher number of mobile charging points
  • Sale of tickets through hand held terminals
  • Sale of platform tickets through ticket vending machines both cash and card compatible
  • E-ticketing facility to foreign debit/credit cards for foreign tourists and NRIs
  • Facility of cancellation through the 139 helpline using ‘One Time Password’
  • Bar coded tickets, scanners and access control on a pilot basis
  • Progressive CCTV coverage at tatkaal counters
  • ‘Vikalp’ (Alternative Train Accommodation System) scheme to be expanded to provide choice of accommodation in specific trains to wait-listed passengers.
  • IRCTC to manage catering services in a phased manner.
  • Extending e-catering services from 45 stations to all 408 ‘A-1’ and ‘A’ class stations.
  • Explore making mandatory catering services optional in trains.
  • Introducing a new policy where each stall at station can provide multiple products including milk products and OTC medicines
  • Option to our customers for drinking tea in kulhad
  • To convert all operational halts into commercial halts.
  • Information boards in trains to list on-board services and also GPS based digital displays inside coaches to provide information regarding halts.
  • A1 class stations to be manned with duly empowered Station Directors supported by cross functional teams.
  • Passenger amenities and beautification on stations at pilgrimage centres including Ajmer, Amritsar, Bihar Sharif, Chengannur, Dwarka, Gaya, Haridwar, Mathura, Nagapattinam, Nanded, Nasik, Pali, Parasnath, Puri, Tirupati, Vailankanni, Varanasi and Vasco.
  • Aastha circuit trains to connect important pilgrim centres.
  • Porters to have new uniforms and train them in soft skills, to be henceforth called sahayak.

Q What is there for Cleanliness?

  • ‘Clean my Coach’ service through SMS.
  • Ranking of A1 and A stations based on periodic third party audit and passenger feedback.
  • Waste segregation and recycling centres.
  • ‘Awareness campaigns’ for cleanliness.
  • Additional 30,000 bio-toilets.
  • Providing portable structures with bio-toilets at all platforms of select stations for senior citizens, Divyang and women travellers.

Q What is there for farmers?

  • Encouraging development of cold storage facilities on vacant land near freight terminals. Local farmers and fishermen would be given preferential usage of the facility. A policy in this regard would be issued in the next 3 months.
  • Allowing floriculture/horticulture along tracks.

Q What is there for Industry?

  • Expanding the freight basket by looking beyond core commodities
  • Starting a time-tabled freight container, parcel and special commodity trains on a pilot basis
  • Container sector to be opened to all traffic barring coal and specified mineral ores and part-loads during the non-peak season.
  • Existing terminals/sheds to grant access to container traffic, where feasible
  • Review of tariff policy to evolve a competitive rate structure vis a vis other modes, permit multi-point loading/unloading and apply differentiated tariffs to increase utilization of alternate routes
  • Signing long term tariff contracts with key freight customers using pre-determined price escalation principles
  • To develop Rail side logistic parks and warehousing in PPP mode
  • 10 goods sheds to be developed by Transport Logistics Company of India (TRANSLOC) in 2016-17.
  • Inaugurating soon India’s first rail auto hub in Chennai to capture automobile traffic.
  • Exploring feasibility of opening up leasing of general purpose wagons.
  • Appointing Key Customer Managers to liaison with our major freight stakeholders.

Q. What are the measures for environment and energy conservation?

  • To reduce energy consumption in non-traction area by 10% to 15%; all new light provisions will be LED luminaire only
  • More than 2,000 locations provided with Rain Water Harvesting (RWH) facility; RWH systems will be provided in a phased manner in all establishments having rooftop areas of more than 200 square metres
  • Environmentally friendly composite sleepers made up of recycled plastic waste will be used over all girder bridges
  • Tender documents for 50 MW solar plants at rooftop issued and facility for another 100 MW being set up
  • To commission 132.5 MW of windmill power plants in 2016-17
  • Automatic coach washing plants to be commissioned in major coaching depots with a holding of more than 500 coaches
  • To convert all production units as well as at least one workshop in each Zonal Railway as green industrial unit

Q. Are there any measures in the budget for Staff Welfare?

  • To tie up with the Ministry of Health for ensuring an exchange between Railways hospitals and Government hospitals.
  • Introduce ‘AYUSH’ systems in 5 Railway hospitals.
  • All gang men to be provided devices called ‘Rakshak’ which will intimate them about approaching trains.
  • To reduce weight of the tools carried by gangmen while patrolling
  • Provide toilets and air-conditioning in cabs for loco pilots.
  • One C T Venugopal chair on Strategic Finance, research and policy development
  • One Kalpana Chawla chair on geo-spatial technology for IR.
  • Rail University at Vadodara
  • Skill development on IR premises with Ministry of Skill Development
  • Railway Workshops and Production Units to develop ‘Centres of Excellence for Skill Development’, focussing on one/two specialized activities for the general public
  • Join hands with prominent NGOs to provide skilling to people in remote areas including wards of Railways employees.

Q. Are there any passenger friendly initiatives to cater to special needs, including Senior Citizens, Divyang (differently-abled) etc?

  • Expansion of Sarathi Seva to help old and disabled passengers requiring assistance at stations.
  • Strengthen existing services for enabling passengers to book battery operated cars, porter services, pick up and drop, and wheel chair services – Rail Mitra Sewa.
  • Ensuring all stations under redevelopment are accessible by Divyang
  • At least one Divyang friendly toilet at each platform in A1 class stations in 2016-17.

Q Are there any measures for the business traveller?

  • For passengers transiting railway network for freshening up before moving on with their business for the day, hourly booking of retiring rooms to be allowed instead of the existing minimum of 12 hours.
  • Retiring rooms to be handed over to IRCTC for management.

Q What is there for Suburban systems?

  • Mumbai Urban Transport Project (MUTP) III to be taken forward.
  • Financial closure and an early award of tenders for two elevated suburban corridors between Churchgate-Virar and CSTM-Panvel
  • Raise all low level platforms in Mumbai suburban stations in 2016-17
  • Issues related to East West Corridor of Kolkata Metro resolved and Phase I will be completed by June 2018; working on the possibility of extending the East West Corridor by 5 km.
  • Reviving the Ring Railway system in Delhi in partnership with the State Government.
  • Major programme to build an integrated suburban ecosystem of IR by launching a new investment framework with sharing of equity contribution with the State Governments and ensuring cost neutrality on operations; detailed policy in 4 months.
  • Partnership with State Governments of Gujarat, Telengana, Karnataka, Kerala and Tamil Nadu for developing suburban sections in Ahmedabad, Hyderabad, Bengaluru, Thiruvananthapuram and Chennai, respectively by deploying innovative financing mechanisms.

Q Are there any measures for Women?

  • To make available of children’s menu items on trains.
  • Baby foods, hot milk and hot water to be made available on stations
  • Changing boards for babies would be provided in train toilets.
  • CCTV cameras would continue to be installed in coaches
  • Sub-quota in allotment of stalls
  • Encouragement to self-help groups to supply food on trains

Q. Are there any measures for youth?

  • Open up IR to 100 students across Engineering and MBA schools for 2-6 months’ internships each year.
  • Wi-Fi at 400 stations in next two years
  • ₹ 50 crore earmarked for Innovation Fund for encouraging innovations and start-ups.

Q. Are there any measures for journalists?

  • E-booking of tickets on the concessional passes available to them

Q What is there for the North East & J&K?

  • States of Mizoram and Manipur will come on the Broad Gauge map of the country with commissioning of the Kathakal-Bhairabi and Arunachal-Jiribam Gauge Conversion projects.
  • Decongestion work on the Jalandhar- Jammu line, an important link to the valley, is going on in full swing. Doubling of two bridges will be commissioned by March 2016, while the other two bridges will be completed by 2016-17.

Q What are the provisions for Technology?

  • Integrating various facilities into two mobile apps - one dealing with all ticketing issues and the other for receipt and redressal of complaints and suggestions.
  • Physical progress on DFC to be monitored in 2016-17 using latest drone and Geo Spatial based satellite technology
  • Initiated system wide integration of IT programs/systems, both horizontal and vertical, akin to an ERP through innovative partnership models.
  • Process leading to award of tenders electronically to be rolled out on a Pan-India basis in 2016-17.

Q Is there anything related to innovation and startups?

  • Setting aside a sum of ₹ 50 crore for innovation grants to employees, startups and growth oriented small businesses
  • Innovation labs to be set up in workshops and production units to support creative innovation by locals and staff.
  • Annual innovation challenge
  • To develop a Test Track for testing prototypes.

Q What is there for State Governments?

  • Creation of Joint Ventures with State Governments for undertaking rail based projects. Received in principle approval from 17 states, out of which 6 MOUs have already been signed.
  • 44 new line, gauge conversion and doubling projects proposed in partnership mode

Q How are resources proposed to be mobilized?

  • LIC has agreed to invest ₹ 1.5 lakh crore over five years on extremely favourable terms.
  • Looking forward to setting up a Fund with multilateral assistance for financing railway projects.
  • Non fare revenues
  • Station redevelopment will help monetize land and buildings through commercial exploitation of vacant land and space rights over station buildings.
  • Monetizing land along tracks
  • Monetizing soft assets such as data, software and some of the free services such as PNR enquiry, e-commerce activities on IRCTC website.
  • Target to increase the advertising revenues by more than 4 times the current revenues.
  • To liberalize the current parcel policies including opening the sector to container train operators
  • Expanding our service offerings specially to growing sectors such as e-commerce.
  • Pilot project for online booking of parcels.
  • Revenues from manufacturing activity of production units and workshops for domestic and international market; revenue targeted at ₹ 4,000 crore by 2020.

Q Make in India

  • After agreement for setting up two loco factories in India with an order book of about ₹ 40,000 crore, a similar bid process started for train sets for Rajdhani and Shatabdi services; current procurement to be increased by 30%.
  • Production units and workshops to aim at generating annualised revenues of about ₹ 4,000 crore by 2020 through manufacturing products for domestic and international markets.

Q Is there anything special for the passenger services?

For the unreserved passenger

  • Antyodaya Express, a long-distance, fully unreserved, superfast train service, to be operated on dense routes.
  • Addition of two to four Deen Dayalu coaches in some long distance trains with facility for potable drinking water and a higher number of mobile charging points.
  • For the reserved passenger
  • Humsafar would be fully air-conditioned third AC service with an optional service for meals.
  • Tejas will showcase the future of train travel in India. Operating at speeds of 130 kmph and above, it will offer onboard entertainment, local cuisine, Wi-Fi, etc.
  • Overnight double-decker, Utkrisht Double-Decker Air-conditioned Yatri (UDAY) Express on the busiest routes.
  • Modern coaches
  • Designing coaches to ensure higher carrying capacity and automatic doors, bar-code readers, bio-vacuum toilets, water-level indicators, accessible dustbins, ergonomic seating, improved aesthetics, vending machines, entertainment screens, LED lit boards for advertising, PA system.

Q Have any social initiatives been announced?

  • IRCTC has begun the process of empanelling Self-help groups for providing catering/cooking services.
  • Partnering with NABARD to provide support and access to our IRCTC website to ensure extensive e- marketing for products produced by the Self-help groups.
  • Partnered with Khadi and Village Industries Commission to support creation of employment and self-reliance in rural India resulting in the generation of 17 lakh man days; will continue to partner with them
  • Will encourage sourcing of products from SC/ST entrepreneurs.

Q Are there any measures related to tourism?

  • Partner with the State Governments for operating tourist circuit trains and explore the possibility of a revenue sharing model.
  • Recently upgraded our National Rail Museum; promotion of tourism through Railway museums and UNESCO world heritage Railways
  • To spread awareness about our National Animal, the Tiger, we will offer complete packages including train journey, safaris and accommodation to cover the wildlife circuit comprising Kanha, Pench and Bandhavgarh.

Topics

Acts Income Tax