The Ministry of Railway has proposed the Finance Ministry to create a non-lapsable safety fund named ‘Rashtriya Rail Sanraksha Kosh’ over five years with initial corpus of Rs. 20000 crore and contribute a portion to fund it in the Budget 2017 .The decision to set up the safety fund is based on the recommendation of a high-level safety review committee under the chairmanship of Dr. Anil Kakodkar, former chairman of Atomic Energy Commission.
So, let’s discuss some questions related to this post:
Q1.Name the fund, which has been created by the Ministry of Railways for a non-lapsable Safety, recently?
Ans1. Rashtriya Rail Sanraksha Kosh
Source-The Indian Express