The document summarizes key aspects of the Indian Railway Budget 2015-16 presented by Railway Minister Mr. Suresh Prabhu. Some of the highlights include no increase in passenger fares, advance booking period increased to 120 days, provision of WiFi at 400 stations, and allocation of INR 8.56 lakh crore towards network decongestion, expansion, safety, IT and passenger amenities. New technology such as e-ticketing, CCTV cameras and GPS tracking are proposed to improve customer experience and safety. The budget aims to transform railways through capacity expansion, enhanced sustainability and improved customer service.
The Railways Budget for 2015-16 has been presented in Parliament by the Honourable Union Minister for Railways, Suresh Prabhu, wherein the Government has proposed a five-year investment outlay of Rs 8.5 trillion.
This document gives a summary analysis of the Railway Budget.
The Railway Budget signifies the priority accorded to the development of the railways as an engine of India’s growth and development. The Operating Ratio (proportion of revenues that Railways spends on operations) has been targeted at 88.5% for 2015-16, which has been consistently above 90% for the past five years. According to Budget Estimates, Plan Outlay for 2015-16 has been proposed at Rs 1.1 trillion, an increase of 52% over 2014-15. The budget also described its plan to procure money from debt raised by new holding companies or by railways-owned companies.
The Minister also presented a White Paper on Indian Railways before tabling the Rail Budget and he is likely to release a vision 2030 document soon. These documents and the government’s bid to become more consumer-focused, both towards passengers and freight customers is being seen as a step away from politics and towards reform.
Indian Railway, Asia's second largest rail network, puts forward its budget annually. This presentation will provide an overview of Interim Rail Budget put forward by Mr Kharge.
Highlights: Indian Railway Budget 2014-15Jhunjhunwalas
#India's #RailBudget2014 : Highlights
First Railway Budget by Newly formed Government presented on 8th July 2014 Lok Sabha by Railway Minister Shri D V Sadanada Gowda.
#IndianRailways #RailBudget
The Cabinet Committee on Economic Affairs on Wednesday approved construction of six rail lines and a railway bridge at an estimated cost of Rs. 10,700 crore to cater to increased passenger and freight needs.
The Railways Budget for 2015-16 has been presented in Parliament by the Honourable Union Minister for Railways, Suresh Prabhu, wherein the Government has proposed a five-year investment outlay of Rs 8.5 trillion.
This document gives a summary analysis of the Railway Budget.
The Railway Budget signifies the priority accorded to the development of the railways as an engine of India’s growth and development. The Operating Ratio (proportion of revenues that Railways spends on operations) has been targeted at 88.5% for 2015-16, which has been consistently above 90% for the past five years. According to Budget Estimates, Plan Outlay for 2015-16 has been proposed at Rs 1.1 trillion, an increase of 52% over 2014-15. The budget also described its plan to procure money from debt raised by new holding companies or by railways-owned companies.
The Minister also presented a White Paper on Indian Railways before tabling the Rail Budget and he is likely to release a vision 2030 document soon. These documents and the government’s bid to become more consumer-focused, both towards passengers and freight customers is being seen as a step away from politics and towards reform.
Indian Railway, Asia's second largest rail network, puts forward its budget annually. This presentation will provide an overview of Interim Rail Budget put forward by Mr Kharge.
Highlights: Indian Railway Budget 2014-15Jhunjhunwalas
#India's #RailBudget2014 : Highlights
First Railway Budget by Newly formed Government presented on 8th July 2014 Lok Sabha by Railway Minister Shri D V Sadanada Gowda.
#IndianRailways #RailBudget
The Cabinet Committee on Economic Affairs on Wednesday approved construction of six rail lines and a railway bridge at an estimated cost of Rs. 10,700 crore to cater to increased passenger and freight needs.
Expect saving of Rs 8,720 crore this year. Operating ratio at 92% FY17 as against 90% in current year. Traffic revenue target at Rs1.85 lakh crore.Capital plan of Rs 1.21 lakh crore.
A REPORT ON RAILWAY BUDGET -2016
What is railway budget?
Theme of the Budget
Vision
Investments and Resources
Financial Performance
Investments and Resources
Achievements of 2015-16
THE WAY TO IMPROVE
Customer interface
CAPACITY BUILDING FOR FUTURE THROUGH
FINANCIAL PERFORMANCE 2015
Budget estimation 2016-17
Full Speech of the Minister for Railways 2016-17News Nation
The Railway Budget for 2016-17 today spared passengers and goods movement from any increase in tariffs while it announced introduction of three new superfast trains and creation of dedicated north-south, east-west and east coast freight corridors by 2019.
Indian Railways has a total route network of about 64,600 kilometers (km) spread across 7,146 stations and operates more than 19,000 trains every day. Over 30 million passengers travel by trains on a daily basis in India and around 975.2 million tonnes (MT) of freight was transported via trains in FY12.
The revenues of Indian Railways are expected to expand at a compounded annual growth rate (CAGR) of 12.1 per cent during FY07-14. Freight is the major revenue earning segment for the railways, accounting for 70.6 per cent of the total revenues in FY12.
Passenger traffic went up by more than 15 times over FY1951-FY12. Increasing incomes, both urban and rural, have made rail travel affordable to a large number of Indians. Urban population in India increased from 17.3 per cent of the total population in 1951 to 31.2 per cent in 2011; this has led to increase in traffic between urban and rural areas in the country.
With rapid economic growth and increasing industrialisation, freight traffic is expected to grow at a CAGR of 7.6 per cent during FY12-17 to touch 1,405 million metric tonnes (MMT) by FY17. Indian Railways has set a target of having a freight market share of 50 per cent by 2030 from 30 per cent in 2010.
The Government of India is investing heavily in building rail infrastructure in the country and plans to invest US$ 153 billion during the 12th Five Year Plan.
There is so much to know about indian Railways . Here are some facts and figures that could be helpful in understanding its length & width in providing Nationwide Survey . Please go through each page and be informed .
Here is the Second part of the PPT on Indian Railways . There is so much to know about Indian Railways . Here are some facts and figures that could be helpful in understanding its length & width in providing Nationwide Survey . Please go through each page and be informed .
Expect saving of Rs 8,720 crore this year. Operating ratio at 92% FY17 as against 90% in current year. Traffic revenue target at Rs1.85 lakh crore.Capital plan of Rs 1.21 lakh crore.
A REPORT ON RAILWAY BUDGET -2016
What is railway budget?
Theme of the Budget
Vision
Investments and Resources
Financial Performance
Investments and Resources
Achievements of 2015-16
THE WAY TO IMPROVE
Customer interface
CAPACITY BUILDING FOR FUTURE THROUGH
FINANCIAL PERFORMANCE 2015
Budget estimation 2016-17
Full Speech of the Minister for Railways 2016-17News Nation
The Railway Budget for 2016-17 today spared passengers and goods movement from any increase in tariffs while it announced introduction of three new superfast trains and creation of dedicated north-south, east-west and east coast freight corridors by 2019.
Indian Railways has a total route network of about 64,600 kilometers (km) spread across 7,146 stations and operates more than 19,000 trains every day. Over 30 million passengers travel by trains on a daily basis in India and around 975.2 million tonnes (MT) of freight was transported via trains in FY12.
The revenues of Indian Railways are expected to expand at a compounded annual growth rate (CAGR) of 12.1 per cent during FY07-14. Freight is the major revenue earning segment for the railways, accounting for 70.6 per cent of the total revenues in FY12.
Passenger traffic went up by more than 15 times over FY1951-FY12. Increasing incomes, both urban and rural, have made rail travel affordable to a large number of Indians. Urban population in India increased from 17.3 per cent of the total population in 1951 to 31.2 per cent in 2011; this has led to increase in traffic between urban and rural areas in the country.
With rapid economic growth and increasing industrialisation, freight traffic is expected to grow at a CAGR of 7.6 per cent during FY12-17 to touch 1,405 million metric tonnes (MMT) by FY17. Indian Railways has set a target of having a freight market share of 50 per cent by 2030 from 30 per cent in 2010.
The Government of India is investing heavily in building rail infrastructure in the country and plans to invest US$ 153 billion during the 12th Five Year Plan.
There is so much to know about indian Railways . Here are some facts and figures that could be helpful in understanding its length & width in providing Nationwide Survey . Please go through each page and be informed .
Here is the Second part of the PPT on Indian Railways . There is so much to know about Indian Railways . Here are some facts and figures that could be helpful in understanding its length & width in providing Nationwide Survey . Please go through each page and be informed .
MobiWallet - Curent Status & AchievementsMobiWallet
In this slideshare we present MobiWallet project and the interoperable fare management activities that are being carried out across Europe in 4 pilot.
All the pilots have entered in the deployment phase using different technologies and addressing different multiple transport modes but sharing the same approach, methodology and common vision towards achieving interoperability at pilot level, and, ultimately, at cross border level.
On a Growth Track: Intelligent Railways TMS MarketMattdixon45
The global intelligent railways transportation management systems market is likely to advance with a CAGR of 10.95% in the forecast period from 2023 to 2030.
In this presentation the introductory part of ITS system and different techniques used in this present time are discussed.
There is a formal study of Jaipur city based on ITS
According to a study by TERI, India’s urban population is expected to grow from 410 million in 2014 to 814 million by 2050.The report also stated that India will have seven megacities by 2030. With so many citizens migrating to urban areas, the congestion on roads is bound to increase. Sadly, many Indian cities have made it to the global list of the most congested cities. As public transportation forms an integral part of any city, it is more important than ever for cities to adopt smart and sustainable solutions to avoid overburdening on resources.
According to a study by TERI, India’s urban population is expected to
grow from 410 million in 2014 to 814 million by 2050.The report also stated
that India will have seven megacities by 2030. With so many citizens
migrating to urban areas, the congestion on roads is bound to increase. Sadly,
many Indian cities have made it to the global list of the most congested cities.
As public transportation forms an integral part of any city, it is more
important than ever for cities to adopt smart and sustainable solutions to
avoid overburdening on resources.
This presentation talks about 7Ps of Services Marketing and various features of IRCTC services. It enlists future opportunity and growth challenges for Indian Railways.
2. Title
The presentation is an exemplary outcome of the research conducted by the group over the Enterprise
application aspects covered in the ‘INDIAN RAILWAY BUDGET 2015-16” presented by Railway
Minister Mr. Suresh Prabhu on 26th February’2015.
Prime Minister Narendra Modi described the rail budget as a "watershed" moment for Indian
Railways and called it "forward looking, futuristic and passenger-centric budget”.
“I have not increased passenger fares. We are directing our efforts to make travel on Indian railways
a happy experience with a mix of various initiatives” Prabhu.
2http://economictimes.indiatimes.com/industry/transportation/railways/railway-budget-2015-no-increase-in-rail-
fares/articleshow/46379730.cms
3. Topics covered
Overview of Indian Railway Budget
Highlights
Technology Proposed and its applications
Budgetary Allocations
Benefits
Impacts
3
4. Overview: Indian Railway Budget
Four goals for Indian Railways to transform over next five years:
a) To deliver a sustained and measurable improvement in customer experience.
b) To make Rail a safer means of travel.
c) To expand Bhartiya Rail’s capacity substantially and modernize infrastructure.: increase daily
passenger carrying capacity from 21million to 30 million: increase track length by 20%from 1,14,000 km
to 1,38,000 km: grow our annual freight carrying capacity from 1 billion to 1.5 billion tonnes.
d) Finally, to make Bhartiya Rail financially self-sustainable. Generate large surpluses from operations
not only to service the debt needed to fund our capacity expansion, but also to invest on an on-going basis
to replace our depreciating assets.
4http://zeenews.india.com/business/budget-2015/rail-budget-2015-no-passenger-fare-hike-no-new-trains-tickets-
120-days-in-advance_119594.html
5. Highlights:
No increase in rail fare
Advance ticket booking period increased from 60 days to 120 days
24X7 helpline for attending passenger problems and security-related complaints
Surveillance cameras in coaches for the safety of women passengers.
Wi-Fi in 400 stations and facility of Bio-toilets
Self-operated lockers on railway stations
E-catering to sell meals through IRCTC online
More General class coaches to be added in identified trains
SMS alert service on arrival and departure of trains
New department for keeping stations and trains clean under Swachh Rail Swachh Bharat Abhiyan
Speed of trains to go up by 20 per cent in next two years
Hot buttons and coin vending machines for railway tickets
Provision of INR 120 Crore for lifts and escalator
5
http://www.deccanchronicle.com/150226/nation-current-affairs/article/rail-budget-2015-putting-railways-track-
suresh-prabhu-unveil
6. Technology Proposed and its applications
Ticketing:
Operation five minutes for issuing unreserved tickets
Hot buttons
Coin vending machines
Single destination teller
Concessional e-tickets for differently abled travelers Developing a multi-lingual e-portal
Crediting of refunds through banks
Unreserved tickets on Smart phones
Proliferation of automatic ticket vending machines with smart cards and currency options
Integrated ticketing system on the lines of rail-cum-road tickets
6
www.newsonair.com/Rail-Budget-2015-16.pdf
7. Contd.
Help-line:
24X7 helpline number 138;toll-free number 182 for security related complaints.
Leveraging Technology:
Hand-held terminals to Travelling Ticket Examiners (TTEs) for verification of passengers
and downloading charts possibility of extending facility of SMS on mobiles as a valid proof
of travel for PRS tickets
Integrated customer portal as a single interface to access different services
Introduction of a centrally managed Railway Display Network in over 2000 stations in next
two years
“SMS Alert” service to inform passengers in advance of the updated arrival/departure time
of trains at starting or destination stations.
7
www.newsonair.com/Rail-Budget-2015-16.pdf
8. Contd.
Safety:
RDSO to develop a suitable device with reliable power supply system based on theft-proof panels/batteries
in consultation with Indian Space Research Organization,
Use of geo-spatial technology for providing audio-visual warning to road users at unmanned level
crossings
Radio based signal design project been taken up with IIT Kanpur for warnings at unmanned level crossing
Train Protection Warning System and Train Collision Avoidance System to be installed on select routes at
the earliest
Transparency and Governance initiatives:
System of on-line applications introduced for two categories of recruitment as a pilot project- to
be extended.
E-procurement value chain being expanded
8
www.newsonair.com/Rail-Budget-2015-16.pdf
9. Contd.
Food And Catering:
E-catering to select meals from an array of choices
Ordering food through IRCTC website at the time of booking of tickets
Integrating best food chains into this project
Setting up of Base Kitchens in specified Divisions to be run by reputed agencies for serving
quality food
Expansion of water vending machines
Station Facilities:
Provision of concierge services through IRCTC at major stations
Online booking of wheel chair on payment basis for senior citizens, patients and the
differently-abled passengers through IRCTC on selected stations
9
www.newsonair.com/Rail-Budget-2015-16.pdf
10. Contd.
Technology Innovation:
Constituting an innovation council called “Kayakalp” for business re-engineering and introducing a spirit of
innovation in Railways
IT vision to be unveiled: information on latest berth availability station navigation system, bar coded/RFID tracking
of parcels and freight wagons, automated parcel warehouses.
Integration of train control and asset management applications
Mechanize integrated track maintenance
“Foreign Rail Technology Cooperation scheme” to be launched
Improvements to Management Processes and Systems:
Improve appraisal mechanism for the selection of projects and introduce simulation tools for project planning and
decision-making by introducing EPC system of contracting.
Paperless working in material management system to be expanded
Vendors to be integrated through Vendor Interface Management System to provide single window interface to
vendors . 10
www.newsonair.com/Rail-Budget-2015-16.pdf
11. Budgetary Allocation : INR 8,56,020
11
www.newsonair.com/Rail-Budget-2015-16.pdf
Network Decongestion
Network Expansion
National Projects
Safety
Information Technology
Rolling Stock
Passenger Amenities
High Speed Rail
Station redevelopment
Others
0
50000
100000
150000
200000
INR (Crore)
INR (crore)
12. Benefits
Open Wi-Fi at 400 train stations
Multi-lingual E-ticketing provisions
Hand-held terminals to Travelling Ticket Examiners (TTEs) for verification of passengers and downloading charts
SMS Alert service to inform passengers in advance of the updated arrival/departure time of trains at starting or destination
stations.
Extending facility of SMS on mobiles as a valid proof of travel for PRS tickets.
E-catering to select meals from an array of choices. Pre-Ordering food through IRCTC website at the time of booking of tickets.
Automatic ticket vending machines with smart cards and currency options
Unreserved tickets to be available on Smart phones through App
Online booking of wheel chairs
Integrated customer portal as a single interface to access different services
Introduction of a centrally managed Railway Display Network in over 2000 stations in next two years
Bar coded/RFID tracking of parcels and freight wagons
12
http://www.deccanchronicle.com/150226/nation-current-affairs/article/rail-budget-2015-putting-railways-track-
suresh-prabhu-unveil
13. Impact
Freight rates hiked by 10 per cent for urea, 2.7 per cent for cement and 6.3 per cent for coal.
77 new projects to be launched with an investment of INR 96,182 Crore to expand capacity.
Plan Outlay proposed at INR 1,00,011 Crore, up by 52 per cent.
Railways will also leverage additional resources and envisages investment of INR 8.5 lakh Crore in
next five years.
INR 6,581 Crore earmarked on level crossing safety, train protection warning system to prevent
fires, collision avoiding system which is expected to increase rail travel reliability among
passengers.
Passenger Benefits: 17,000 toilets to be replaced and modernized, vacuum-based toilets on cards,
new toilets in 650 railway stations as well as railways will set up waste management plants.
100 diesel-run trains to be enabled for dual fuel - CNG and diesel and locomotives running on LNG
are also currently under development.
13http://www.financialexpress.com/article/economy/live-rail-budget-2015-railways-minister-suresh-prabhu-set-to-
unveil-policy-at-12-noon-today/47662/