Railway Minister Suresh Prabhu presented the Railway Budget at the Parliament on Thursday.
Highlights of the Railway Budget:
* No hike in passenger fares, freight rates
* Rs 8.5 lakh crore (Rs 8.5 trillion) to be spent in 5 years for modernisation of rail infrastructure
* To invest Rs 1.21 lakh crore (Rs 1.21 trillion) in 2016-17.
* 3 new super-fast trains -- Humsafar Express, Tejas, Uday