Highlights of Railway Budget 2013 - 2014 and Bad Announcements of Railway Budget 2013 - 14 - Trend Speaks

Tuesday, February 26, 2013

Highlights of Railway Budget 2013 - 2014 and Bad Announcements of Railway Budget 2013 - 14

Railway Minister Pawan Kumar Bansal Tuesday announced 106 new trains, including 67 express trains and 26 passenger trains, in the railway budget for 2013-14.

In addition, 57 trains will be extended and the frequency of 24 services would be increased, the minister said.
The minister said railways remained the single most important catalyst in Indias growth story and were a vital organisation integrating the nation from Baramulla in the North to Kanyakumari in the South, and from Dwarka in the West to Ledo in the East.
Negotiating and overcoming all the difficulties, the vast railway family is determined to play its historic role as a national carrier with resolute sincerity of purpose and strive to be a veritable vehicle of inclusive growth, Bansal said in his budget speech in the Lok Sabha, the lower house of parliament.
High points of rail budget: free wi-fi, new ticketing system
A detailed exercise has been carried out to assess availability of track capacity, terminal facilities and maintenance infrastructure within the available resources.
Indias railroad network, ranked among the top five in the world, is spread over 64,000 km with 7,083 stations. It ferries 23 million travellers and 2.65 million tonnes of goods daily on 12,000 passenger and 7,000 freight trains

HighLights of Railway Budget 2013 - 2014 Points
  • No hike in passenger fares
  • Superfast and Tatkal charges to rise
  • Annual plan for 2013-14 set at Rs 63,363 crore
  • Losses up from Rs 22,500 crore in 2011-12 to Rs 24,600 crore in 2012-13
  • Accidents per million km down from .41 to .13
  • Raised four companies of women RPF personnel; another eight to be raised for womens safety
  • 67 new Express and 26 new passenger trains to run; 8 DEMU services and 5 MEMU services to be introduced; run of 57 trains to be extended; frequency of 24 trains to increase
  • 22 new rail lines to be taken up in 2013-14
  • New debt service fund to be set up
  • Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan
  • Operating ratio of 88.8 percent achieved
  • Dividend reduced from 5 to 4 percent
  • Electrification of 1,200 km to be completed this year
  • 72 additional suburban services in Mumbai and 18 in Kolkata
  • Rs 6,600 crore increase in earnings from fare adjustment in January
  • Rs 63,000 crore investment in 2013-14
  • 1,047 million tonnes freight loading estimated during 2013-14
  • Passenger earnings of Rs 42,000 crore estimated in 2013-14
  • Indian Railways Institute of Financial Management to be set up at Secunderabad
  • Chair at Delhi to promote research in reducing carbon footprint
  • Winners of Rajiv Gandhi Khel Ratna and Dhyan Chand awards to get free first class passes
  • Complementary first class passes for parents of unmarried posthumous awardees of Maha Vir Chakra, Vir Chakra, Kirti Chakra and Shaurya Chakra
  • Complementary passes of freedom fighters to be renewed every three years instead of annually
  • New forged wheel factory at Rae Bareli in collaboration with Rashtriya Ispat Nigam Ltd
  • Greenfield Mainline Electrical Multiple Units (MEMU) manufacturing facility at Bhilwara along with Rajasthan government and BHEL
  • Coach making unit at Sonepat in collaboration with Haryana government
  • Midlife rehabilitation workshop at Kurnool along with Andhra Pradesh government.
  • Railway energy management company to be set up to harness solar and wind energy
  • 1,000 crossings to be energised by solar power
  • 1.51 lakh vacancies to be filled up
  • Locomotive cabs to be air-conditioned
  • Azadi Express for travel to places associated with freedom struggle
  • India in 1 billion tonne freight club
  • By end of 2013-14, 1,500 km of contracts to be awarded for two dedicated rail corridors
  • Rs 1 lakh crore target set for public-private-partnership route
  • Free Wi-Fi to be provided on some trains
  • Rs 100 crore for improving stations in New Delhi
  • 179 escalators and 400 lifts at A 1 and other select stations
  • E-ticketing through mobile phones
  • SMS alerts for passengers on reservation status
  • Next generation e-ticketing system by end of 2013
  • Seventeen bridges identified for repair
  • Smoke and fire detection system envisaged
  • Fire extinguishers to be kept in guard vans
  • Making corporate Safety Plan for a 10 year period (2014-24)
  • Introduction of Train Protection Warning System on Automatic Signalling Systems
  • Rigorous trials of indigenously developed Train Collision Avoidance System
  • Introduction of 160/200 kmph Self Propelled Accident Relief Trains
  • Elimination of 10,797 level crossings during the 12th Plan and no addition of such crossings
  • Six more Rail Neer bottling plants to be set up
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