| Rly Budget likely to focus on safety, modernisation by puneetmafia on 23 February, 2013 - 04:00 PM | ||
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puneetmafia | Rly Budget likely to focus on safety, modernisation on 23 February, 2013 - 04:00 PM | |
Allocation for Safety Fund may go up from last year’s Rs 2,000 crore.The forthcoming Railway Budget is expected to have substantial earmarking for the safety of trains, as the department is likely to back up the new anti-collision systems with investments. The ministry may earmark funds for the new version of Anti-Collision Device (ACD), the Train Collision Avoidance System (TCAS) and other modern equipment. In addition, allocation for Safety Fund may also go up from last year’s Rs 2,000 crore. | ||