Economics is popular choice among students for PG courses
Alang blast: Govt says plot owner defied safety norms
Top Stories

Highlights of Modi government’s Rail Budget

Gowda announced the plan of introducing bullet trains and increasing speed of trains during Rail Budget.

By: Express News Service | New Delhi | Updated: July 8, 2014 6:32 pm

Union Railway Minister Sadananda Gowda presented the Rail Budget in Parliament on Tuesday. Here are the highlights:

# Revamping railway reservation system into next generation e-ticketing, Wi-Fi services in major stations and in select trains, mobile based wakeup calls for passengers

# 58 new trains introduced; 11 existing trains extended


# Top priority to transparency, e-procurement to be made

# Foot over-bridges, escalators and lifts at major railway stations through PPP.

# Battery operated cars for differently-abled at all major stations.

# NGOs, corporates to help provide passenger amenities.

# Work stations in select trains.

# Pre-booked ready-to-eat meals of top brands.

# Food courts at major stations.

# 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, says Gowda presenting Rail Budget.

# Focus in past has been on sanctioning projects rather than completing them: Railway Minister.

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

# Populist projects and mismanagement have brought Railways to point of funds crunch.

# This state of affairs in railways needs immediate course correction

# Need to explore alternative sources of resource mobilisation and not depend on fare hike alone: Rail Minister

# FDI in railway projects, except in operations, to be attracted.

# Future projects to be financed on public-private partnership model

# Plans to attract investment from domestic and foreign players in infrastructure; focus to be on aggressive indigenisation.

# There was decline in traffic growth and deterioration in operating ratio in 2013-14

# Expenditure in 2014-15 pegged at Rs 149,176 crore: Railway Minister

# Surplus revenues declining, hardly any resources for development works. Rs five lakh crore required for ongoing projects only: Gowda

# Loss per passenger per kilometre up from 10 paise (in 2000-01) to 23 paise (2012-13).

# Gross traffic receipts in 2014-15 estimated at Rs 1,64,374, expenditure Rs 1,49,176 crore. A 12.9 per cent growth expected in traffic receipt: Gowda

# Railways to scale down market borrowings to Rs 11,790 crore: Railway Minister.

# Retiring room facility to be extended to all stations: Gowda

# CCTVs to be used at stations for monitoring cleanliness at railway stations; third party inspections to be introduced: Gowda

# Reservation system will be revamped and ticket-booking through mobile phones and post offices popularised: Gowda

# 4,000 women constables to be inducted to enhance onboard safety: Railway Minister.

# Recent fare and tariff hike to mop additional revenue of about Rs 8,000 crore.

# Resource mobilisation through leveraging PSU resources, Foreign Direct Investment and Public Private Participation: Rail Minister

# Outsourcing at 50 major stations; onboard housekeeping to be extended to more trains; Launching feedback service through IVRS on the quality of food; Food can be ordered by SMS and phone.

# Gowda announces decision to launch diamond quadrilateral of high speed trains

# Bullet train proposed on Mumbai-Ahmedabad sector

# Ladies’ coaches to be escorted by women RPF constables; additional care for ladies travelling alone, says Railway Minister

# Railways plans to increase speed of trains to 160 to 200 km per hour in nine select sectors

# Wi-Fi in A-1 and A category stations and in select trains: Rail Minister.

# Future e-Ticketing to support 7200 tickets per minute and to allow 1.2 lakh simultaneous users: Rail Minister

# Challenges of tomorrow cannot be met by tools of yesterday: Rail Minister

# To ensure safety, provision of Rs 1,785 crore for road-over/under bridges, multi-pronged approach to eliminate unmanned level crossings

# Some stations to be developed to international standards through PPP model: Gowda

# Parcel traffic to be segregated to separate terminals to make passenger traffic unhindered: Gowda

# Railway Minister announces GIS Mapping and digitisation of Railway Land

# Govt to make e-procurement compulsory for procurements over Rs 25 lakh: Rail Minister

# Hospital Management Information System to integrate all railway health units and hospital: Rail Minister

# Rail Minister announces 18 new line surveys, 10 surveys for doubling 3rd and 4th lines and gauge conversion

# Rail Minister announces setting up of logistic parks, private freight terminals on PPP model

# Govt proposes Office-on-Wheels; internet and workstation facilities on select trains

# Govt to set up Railway University for technical and non-technical subjects; to tie-up with technical institutions

Do you like this story