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    <title>Indian Railway Budget Speech 2016-17</title>
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    <description>The Budget advances a three pillar reform strategy-New Revenues through asset monetisation and non tariff earnings; New Norms via zero based budgeting and procurement reform; and New Structures by delegating powers, forming JVs and enabling PPPs. It increases capital outlay funded through institutional finance, multilateral assistance and monetisation, prioritises electrification, Dedicated Freight Corridors and station redevelopment, and proposes institutional measures including a Rail Development Authority, a Planning &amp; Investment Organisation, an R&amp;D body and analytics unit to drive seven missions targeting axle load, safety, procurement efficiency, speed, sidings, accounting reform and capacity utilisation.</description>
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    <pubDate>Thu, 25 Feb 2016 16:57:51 +0530</pubDate>
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