Theme of Railway Budget 2016-17

Theme of Railway Budget 2016-17

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).