Study Material | Test Series
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
Highlights of Rail Budget 2014-15
Jul 09, 2014

Following are the highlights of the railway budget presented by Railway Minister D.V. Sadananda Gowda in the Lok Sabha on 8 July 2014:

  • New Trains: 17 Premium trains, 38 Express trains, 10 Passenger trains, 4 MEMU,  3 DEMU, 3 Extension of trains, 3 increase in frequency

  • Loading target of 1047 Million Tonnes for 2013-14 would be surpassed

  • Empty Flow Discount Scheme to be implemented

  • Carrying Capacity + 9 tonne + 1 tonne routes being planned

  • Easing of some restrictions on movement of imported commodities through Containers 

  • Carrying capacity of 20 feet containers increased by 4 tonnes.

  • Parcel Terminals & Special Parcel Trains with scheduled timings.

  • New policy on parcels to encourage transportation of milk.

  • New concept of hub and spoke for parcel business

  • Third party warehousing in Special Parcel Terminals envisaged.

  • Loading Target raised to 1,052 Million Tonne from 1,047 Million Tonne. 

  • Freight Earnings Target revised to Rs. 94,000 crore from. Rs. 93,554 crore

  • Gross Traffic Receipts targeted at Rs 1,60,775 crore with Passenger Earnings (Rs 45,255 crore), Goods (Rs 1,05,770 crore), Other Coaching & Sundry Earnings (Rs 9,700 crore)

  • 51 Jan-Ahaar outlets for Janta Meals .

  • 48 passenger escalators commissioned at stations and 61 more being installed.

  • Air-conditioned EMU services in Mumbai from July 2014.

  • Information display system in important trains to indicate stations & arrival time.

  • Railway Energy Management Company becomes functional. 

  • Windmill and solar power plants to be set up with 40% subsidy from Ministry of New & Renewable Energy. 200 Stations, rooftops of 26 buildings and 2,000 level crossing gates to be covered.

  • For high speed trains joint feasibility study by India and Japan for Mumbai-Ahmedabad Corridor to be co-financed by Japan International Cooperation Agency.

  • Exploring low cost option of speeds 160- 200 kmph on select routes.

  • Rail infrastructure by cost sharing arrangement with State Governments; Karnataka, Jharkhand, Maharashtra, Andhra Pradesh and Haryana agreed to several projects.

  • Several Public Private Partnerships (PPP) projects are in the pipeline.

  • FDI being enabled to foster creation of world-class rail infrastructure; FDI will not be allowed in core operational areas.

  • Rail Land Development Authority raised Rs 937 crore so far.

  • Improved audio-visual warning to road users in advance of approaching trains.

  • Induction of indigenously developed Train Collision Avoidance System. 

  • Development of crashworthy coaches 

  • Provision of Vigilance Control Device in all locomotives.  

  • Measures to prevent fire incidents on trains: Fire retardant materials, Multi-tier protection for electric circuits, Portable fire extinguishers in coaches, Induction based cooking to replace LPG in pantry cars and Intensive checks against explosives and inflammable materials.

  • No unmanned Level Crossing: A total of 5,400 unmanned level crossings eliminated–2,310 by manning it and 3,090 by closure/merger /construction of ROBs or RUBs.

  • Railways to go paperless in 5 years.

  • Digital reservation charts at station.

  • Allocate North East projects to get Rs 5116 crore allocation which is 54% higher than previous year.

  • Mobile alerts for wake up calls, arrival alerts.

  • Set up project formulation and monitoring group to expediate current projects.

  • Automatic rebate on return tickets.

  • Monitoring of Eastern & Western Dedicated Freight Corridor Projects; Target of nearly 1000 kms of construction contracts.

  • To tap potential tourism opportunities in the North East. Special package trains for religious pilgrimage circuits.

  • Reservation systems to be overhauled through e-ticketing systems to support 7200 tickets per minute as against 2000 tickets per minute now.

  • Sufficient water supply and toilets, escalators and lifts, battery operated cars at all important stations for senior citizens and differently abled people.
     
  • Introduce RO drinking water at trains and stations (with help of corporate and NGOs).

  • Fuel Adjustment Component (FAC) to revise the passenger fares every six months will continue.

  • No commitment on Rail Tariff Authority (RTA), but still in pipeline.


Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.