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Railway Budget

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Railway Budget

  1. 1. Railway BudgetRAILWAY BUDGET 2013-14: HIGHLIGHTS
  2. 2. RAILWAY BUDGET : HIGHLIGHTS 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 An independent Rail Tariff Authority has been formalised Diesel price hike added Rs 3,300 crore to fuel bill of Railways Railway revenues to show a balance of Rs 12,506 crore in 2013-14 Planned investment of Rs 63,363 crore for 2013-14, including Rs 600 crore from PPP route
  3. 3. RAILWAY BUDGET: HIGHLIGHTS Operating ratio expected to improve to 87.8 per cent in 2013-14 from 88.8 per cent in the current fiscal 5.2 per cent growth in passenger traffic expected in 2013-14 Railway hopes to end 2013-14 with a balance of Rs 12,506 crore Rs.100 crore for improving stations in New Delhi Railways to set up a Debt Service Fund Freight earning to grow by 9 per cent to Rs 93,554 crore. Freight target fixed at 1,047 MT for 2013-14, 40 MT over the current year
  4. 4. RAILWAY BUDGET: HIGHLIGHTS Marginal increase in cancellation, reservation charges No fresh hike in passenger fares Modest 5-6% hike in passenger fares will add to corpus, and translate into better amenities Rs 3,000 crore loan from Finance Ministry re-paid with interest by Railways this financial year Indian Railway Institute for Financial Management to be set up at Secunderabad to train rail officers on a regular basis Railway Energy Management Company to be set up to harness solar and wind energy 47,000 vacancies for weaker sections and physically challenged to be filled up soon
  5. 5. RAILWAY BUDGET: HIGHLIGHTS Rs 9000 crore investments expected including Rs 3,800 crore in port connectivity and Rs 800 crore in iron ore mines connectivity Allocation of Rs 1,000 crore each made for railway land development authority and railway station development authority. Railways set to enter 1 billion ton freight club of China, Russia and US Common rail-bus ticket to be introduced for Katra- Vaishnodevi pilgrims New train Azadi Express to places linked with the freedom struggle to be introduced, fares to be concessional
  6. 6. RAILWAY BUDGET: HIGHLIGHTS Internet booking to be provided from 0030 hours to 2330 hours Internet booking to be strengthened with next- generation e-ticketing system to eliminate delays Special A/C coaches ‘Anubhuti’, to be introduced in select Shatabdi and Rajdhani trains to give excellent ambience with commensurate fare Railways will use Aadhar data base for bookings and validation of passengers SMS alert service being rolled out shortly to intimate passengers about reservation status
  7. 7. RAILWAY BUDGET: HIGHLIGHTS Free wi-fi facility to be provided in select trains Plan to allow e-ticketing via mobile phones Railway committed to bring marked change in passenger amenities Seventeen bridges identified for repair Smoke and fire detection system envisaged Railways to set up six more Rail Neer bottling plants 10% reservation for women in RPF Presence of women in RPF to go up Plan for elephant corridor safety
  8. 8. RAILWAY BUDGET: HIGHLIGHTS Fall in accidents — per million accidents down from .41 to .13 There has been significant drop in train accidents Corporate safety plan proposed Railway safety fund inadequate Rs. 95,000 crore shortfall, meeting this shortfall will mean a paradigm shift Rs 1 lakh crore to be raised from public-private partnership, Rs 1.05 lakh crore through internal resources in the 12th Plan 12th Plan railway size to be Rs 5.19 lakh crore, with gross budgetary support of Rs 1.94 lakh crore
  9. 9. RAILWAY BUDGET: HIGHLIGHTS Steep increase in input costs have been met with hike in Freight rates: Bansal Railways powerful vehicle driving the growth of the country: Bansal Railway Minister Pawan Kumar Bansal presents his maiden budget in Parliament Railway Minister Pawan Kumar Bansal arrives in Parliament to present his maiden budget.

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