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9th August 2016 Current Affairs Questions and Answers

9th August 2016 Current Affairs MCQs, Quiz, Questions : Current Affairs for August 2016 ,  Daily Multiple Choice Questions (MCQs) for In...

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).