HIGHLIGHTS
OF THE RAILWAY BUDGET – 2014 - 2015
Achievements
/ Initiatives
F Major
landmark achievement in National Project of Kashmir –
F State
of Meghalaya and capital of Arunachal Pradesh to be on Railway Map by this
fiscal.
F Gauge
Conversion of strategically important 510 km Rangiya – Murkongselek line in
Assam to be completed by this fiscal.
F XIth
Five Year Plan Targets exceeded in New Lines (2,207 km) , Doubling (2,758 km)
and Electrification (4,556 km), Production of Diesel (1,288) &
Electrical (1,218) Locos and Acquisition of Wagons (64,875)
F Dedicated
Freight Corridors on the Eastern and Western Routes – leading to strategically
critical capacity augmentation.
F Railways
met from its own means the total additional impact of Rs one lakh crore due to
implementation of 6th Pay Commission
F In
2013-14, 1532 km of New Lines, Doubling and Gauge Conversion commissioned.
F Production
commenced at the new factories – Rail Wheel Plant, Chhapra ; Rail Coach
Factory, Rae Bareli ; and Diesel Component Factory, Dankuni.
F Specially
designed coaches for adverse weather condition for rail travel in Kashmir.
F Successful
development of Corrosion resistant, lighter wagons with higher pay-load and
speed potential upt 100kmph.
F Railways
sportspersons dominate national events by winning titles in 23 disciplines and
runners up in 9 disciplines. In various international championships a total of
2 Gold, 4 Silver and 3 Bronze Medals won.
F Unigauge
Policy started in 1992 has converted 19,214 km to Broad Gauge, benefitting
several States including Gujarat, Rajasthan, Madhya Pradesh, Maharashtra,
Karnataka, Uttar Pradesh, Assam and Tamil Nadu.
Measures
for improving Safety & Security
S No
unmanned Level Crossing. A total of 5,400 unmanned level crossings
eleiminated – 2,310 by manning it and 3,090 by closure / merger / construction
of ROBs or RUBs.
S Improved
audio – visual warning to road users in advance of approaching trains.
S Induction
of indigenously developed Train Collision Avoidance System
S Development
of ‘crashworthy’ coaches
S In
last five years, offering employment to over one lakh persons in Group C
categories and to 1.6 lakh persons in erstwhile Group D categories.
S Provision
of Vigilance Control Device in all locomotives
S Various
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
♯
Intensive checks against explosives and
inflammable materials.
Financial
Health
o
Rail infrastructure by cost sharing
arrangement with State Governments; Karnataka, Jharkhand, Maharashtra, Andhra
Pradesh and Haryana agreed to several projects
o
Several Public Private Partnerships
(PPP) projects are in the pipeline.
o
FDI being enabled to foster creation of
world-class rail infrastructure.
o
Rail Land Development Authority raised
Rs 937 crore so far.
Modernisation
and Technology Induction
Ä
High
Speed Trains
¤ Joint feasibility study by India
and Japan for Mumbai – Ahmedabad Corridor to be co-financed by Japan International Cooperation Agency
¤
Business
Development Study by SNCF for Mumbai – Ahmedabad corridor.
Ä
Semi-
High Speed Projects
¤
Exploring
low cost option of speeds 160- 200 kmph on select routes
Green
Initiatives
v Railway
Energy Management Company becomes functional. Windmill and solar power plants
to be set up with 40% subsidy from Ministry of New & Renewable Energy.
v 200
Stations, rooftops of 26 buildings and 2,000 level crossing gates to be
covered.
v Railways
bagged 22 out of 112 awards given by the Government.
v ‘Green
Curtains’ along the track close to major stations; Pilot work at Agra and
Jaipur
v Coverage
of Bio-toilets in 2,500 coaches and would be increased progressively
Passenger
Friendly Initiatives
2
Overwhelming public response to
e-booking of ticket
2
On-line tracking of exact location and
running of train movements
2
51 Jan-Ahaar outlets for Janta Meals ;
48 passenger escalators commisionsed 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.
2 ‘Upgradation’
scheme extended to AC Chair Car and Executive Chair car passengers.
Demand
Management through Dynamic Pricing
¢ Premium
AC Special train introduced in Delhi – Mumbai Sector with shorter advance
reservation period and dynamically varying premium over tatkal fare
Enhancing
Market Share
§ Clearing
missing links in Carrying Capacity + 8 tonne routes; freight train speeding ;
upgradation of rolling stock ; increasing length of trains ; tariff and
incentive schemes to encourage traffic to rail and minimizing empty running.
Rail
Tariff Authority
' Independent
Rail Tariff Authority set-up to advise on fixing of fares and freight, to
engage all stake-holders
Information
Technology
Ø Initiatives
taken include – proliferation of cash accepting Automatic Ticket Vending
Machines ; ticketing on mobile phones in unreserved segments ; system update on
PNR status; online booking of retiring rooms at important stations ; online
booking of meals for selected en-route stations ; introduction of e-forwarding
note and electronic transmission of railway receipts for freight customers
Revenue
Freight Traffic
Þ Loading
target of 1047 Million Tonnes for 2013-14 would be surpassed
Þ Empty
Flow Discount Scheme to be implemented
Þ Carrying
Capacity + 9 tonne + 1 tonne routes being planned
Þ Easing
of some restrictions on movement of imported commodities through Containers
Þ Carrying
capacity of 20 feet containers increased by 4 tonnes
Þ Parcel
Terminals & Special Parcel Trains with scheduled timings.
Þ New
policy on parcels to encourage transportation of milk.
Þ New
concept of ‘hub and spoke’ for parcel business
Þ Third
party warehousing in Special Parcel Terminals envisaged.
Financial
Performance 2012-13
¤ Loading
of 1,008 Million Tonnes surpassed the R.E. target of 1,007 Million Tonnes
¤ Paid
full dividend Rs 5,389 crore to General Exchequer
¤ 90.2%
Operating Ratio in 2012-13
¤ Repayment
in full with interest of Rs 3,000 crore loan from the Government
¤ Railway
Fund Balances of Rs 2,391 crore
Financial
Performance 2013-14
¤ Loading
Target raised to 1,052 Million Tonne from B.E. 1,047 Million Tonne.
¤ Freight
Earnings Target revised to Rs 94,000 crore from B.E. Rs 93,554 crore
¤ Stringent
Financial control exercised and Ordinary Working Expenses pegged only at Rs 560
crore higher than Budget Estimates, despite various post-budgetary factors
¤ Plan
Outlay revised to Rs 59,359 crore
¤ Operating
Ratio likely to be 90.8%
¤ Fund
Balances to continue to grow to Rs 8,018 crore
Budget
Estimates 2014-15
`
Loading target of 1,101 Million Tonnes
`
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)
`
Ordinary Working Expenses placed
at Rs 1,10,649 crore, higher by Rs 13,589 crore
`
Pension Outgo budgeted at Rs 27,000
crore against Rs 24,000 crore for 2013-14
`
The entire Dividend of Rs 9,117 crore to
General Exchquer will be paid
`
Fund Balances likely to be Rs 12,728
crore.
`
Operating Ratio budgeted at 89.8%
Annual
Plan 2014-15
Ø Annual
Plan envisaged at Rs 64,305 crore with a Budgetary Support of Rs 30,223 crore ,
Internal Resources of Rs 10,418 crore and Extra Budgetary Resources of Rs
19,805 crore
Ø New
Surveys : 19 New Lines & 5 Doubling
New
Services
F New
Trains
Ä 17
Premium trains
Ä 38
Express trains
Ä 10
Passenger trains
Ä 4
MEMU
Ä 3
DEMU
F Extension
and Increase in frequency
Ä 3
Extension of trains
Ä 3
increase in frequency
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