Rail Budget 2016: It focuses on consolidation, not expansion, says KPMG

MUMBAI: The Rail Budget presented by Minister Suresh Prabhu focuses more on consolidation rather than expansion, consultancy firm KPMG said.

"The budget comes out to be focused on consolidation rather than expansion. Therefore, the budget has focused on key issues plaguing the railways which are customer experience, increasing efficiency, network decongestion, improving safety, improving stations, increasing revenues and increasing availability," KPMG said.

“It also gave a push to projects that will lay the foundation of next generation railways, which is primarily High Speed Railway, popularly referred to as bullet trains. Overall a mature rail budget that balances much needed investments with the revenue and funding constraints," the statement said.