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Budget 2017: Arun Jaitley declares Rs 1 lakh crore for new safety fund

<p>Safer rail travel was high on Finance Minister Arun Jaitley's agenda in the Union Railway budget that was announced this morning</p>

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Safer rail travel was high on Finance Minister Arun Jaitley's agenda in the Union Railway budget that was announced this morning. With maximum focus on safety, Jaitley allotted over R1,00,000 crore for a new Rail Safety Fund, which would be utilised in the next five years. The development comes following a series of rail accidents during the last one year.

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