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Thread: Rail Budget of 2014

  1. #1
    Join Date
    Dec 2013
    Posts
    305

    Default Rail Budget of 2014

    Sadananda Gowda Union minister is presenting his first Rail Budget in the Lok Sabha. The budget disclosed that traffic growth declined and expenditures went up in 2013-14 as compared to the revised estimates of previous financial year.Here are the highlights :

    * Focus in past has been on sanctioning projects rather than completing them, Railway minister says.

    * Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years.

    * Indian railways to become the largest freight carrier in the world.

    * Social obligation of Railways in 2013-14 was Rs 20,000 crore.

    * Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent.

    * Fare revision will bring in Rs.8,000 crore; need another Rs.9,000 crore for golden quadrilateral project.

    * Railways also proposes to set up Food Courts at major stations.

    * Need to explore alternative sources of resource mobilisation and not depend on fare hike alone, Railway minister says.

    * Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa.

    * Dedicated freight corridor on Eastern and Western corridors.

    * 5400 unmanned level crossing removed.

    * Tourist trains to be introduced to link all major places of tourist interests across the country.

    * With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australia's population.

    * Separate housekeeping wing at 50 major stations.

    * CCTV to monitor cleanliness activities.

    * Mechanized laundry will be introduced.

    * 4,000 women constables to be recruited to ensure safety of women. 17,000 RPF constables to provide safety to passengers.

    * Setting up of Railway University for technical and non-technical study.

    * Ultrasonic system to detect problem in track.

    * Proposal to start Bullet trains on Mumbai—Ahmedabad route. Speed of important trains will be also raised.

    * Diamond Quadrilateral project of high speed trains to connect all major metros.

    * E-ticketing system to be improved. Future e-ticketing to support 7200 tickets per minute & to allow 120,000 simultaneous users

    * ​Wifi in A1 and A category stations and in select trains. Internet-based platform and unreserved tickets.

    * GIS mapping and digitization of Railway Land. Extension of logistics support to various e-Commerce Companies.

    * ​Bulk of future projects will be financed through PPP mode.

    * Facilitate transport of milk through rail. Special milk transportation trains in association with Amul and National Dairy Association Board.

    * One ticket to reach from Delhi to Srinagar. Uddhampur to Banihal by bus and Banihal to Srinagar by train.

    * Mumbai local to get 860 new, state-of-the art coaches. 64 new EMUs to be introduced.

    * Train connectivity to Char Dham.

    * ​Paperless office of Indian railways in 5 years. Digital reservation charts at stations.

    * ​ Ready-to-eat meals to be introduced in phased manners.

    * 27 Express trains to be introduced.

    * 5 Jansadharan , 5 Premium AC trains to be introduced.
    Last edited by megri; 07-08-2014 at 03:02 PM.
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  2. #2

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    Over all it is a fair budget.
    Last edited by megri; 07-09-2014 at 10:13 AM.

  3. #3
    Join Date
    Aug 2008
    Posts
    150

    Default

    Overall a good budget. It is focusing more on Process than Projects.

    The More efficient and effective government machinery cleanliness and sanitation is implemented, Will be expected to follow the common man. E.g Singapore. Pl. refer the History of Singapore to know how they achieved this feet.
    Last edited by Harish; 07-09-2014 at 09:15 AM.

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