RAIL BUDGET Highlights → * Five Jan Sadharan trains, five premium trains and six AC express trains to be introduced * Run of 11 trains to be extended * Special festival trains to continue * Open mind to correct shortcomings * Twenty three railway projects underway in the northeast; Rs.5,116 crore allocated for this in 2014-15 - a jump of 54 percent from the previous fiscal * Dedicated freight corridor projects to be closely monitored * Banihal-Katra link in Jammu and Kashmir to be taken up; in the interim, a bus system has been introduced to enable travel to Srinagar on a single ticket * Wi-Fi at select stations and on some trains * Paperless railway offices in five years * Diamond quadrilateral to be launched for high-speed trains; Rs.100 crore allocated for taking project forward * Trains on select routes to be speeded up to 160-200 km per hour * Ticketing to be further modernised to issue 7,200 tickets per minute * Land records need to be digitised for better utilisation; PPP mode to be explored for better management and revenue * Innovation Incubation Centre to be set up * 4,000 women constables recruited in RPF to make travel in womens coaches safer * Pre-cooked ready-to-eat meals to be introduced * Food courts to be introduced at major stations to provide regional flavour; pilot project on New Delhi-Amritsar and New Delhi-Jammu Tawi routes * Forty percent increase in expenditure on cleanliness; CCTVs to monitor cleanliness at stations * Special train on teachings of Swami Vivekananda * Receipts in 2014-15 estimated at Rs.164,374 crore, expenditure at Rs.149,176 crore * Fare revision will bring in Rs.8,000 crore; need another Rs.9,000 crore for golden quadrilateral project * Backbone of supply chain of defence establishment * Carry one billion tonnes of freight every year * Decline in traffic growth in 2013-14 * Would require Rs.5 lakh crores in 10 years for modernisation * Receipts in 2013-14 were Rs.139,550 crore; expenditure was Rs.130,321 crore * Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa * With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australias population * Target to become largest freight carrier in the world
Posted on: Wed, 09 Jul 2014 09:15:28 +0000
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