Railway Budget 2014-15

Union Railway Minister Sadananda Gowda presented the Railway Budget 2014-15 in Parliament.


Here are the highlights:

  • No new increase in passenger fares and freight charges.
  • 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.
  • Plan to hike speed of trains to 160-200km/hr in 9 sec.
  • Diamond quadrilateral for high speed trains.
  • 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.
  • 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.
  • Railways to scale down market borrowings to Rs 11,790 crore.
  • Retiring room facility to be extended to all stations.
  • CCTVs to be used at stations for monitoring cleanliness at railway stations; third party inspections to be introduced.
  • Reservation system will be revamped and ticket-booking through mobile phones and post offices popularized.
  • 4,000 women constables to be inducted to enhance onboard safety.
  • 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.
  • 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.
  • Bullet train proposed on Mumbai-Ahmedabad sector
  • Ladies’ coaches to be escorted by women RPF constables; additional care for ladies travelling alone.
  • 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.
  • Future e-Ticketing to support 7200 tickets per minute and to allow 1.2 lakh simultaneous users.
  • Challenges of tomorrow cannot be met by tools of yesterday.
  • 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.
  • Parcel traffic to be segregated to separate terminals to make passenger traffic unhindered.
  • Railway Minister announces GIS Mapping and digitisation of Railway Land
  • Govt to make e-procurement compulsory for procurements over Rs 25 lakh.
  • Hospital Management Information System to integrate all railway health units and hospital.
  • 18 new line surveys, 10 surveys for doubling 3rd and 4th lines and gauge conversion
  • 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

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