Here are the highlights of Railway Budget : # Foot overbridges, escalators and lifts at major railway stations through PPP # Battery operated cars for differntly abled at all major stations # NGOs, Corporates to help provide passenger emenities. # Work stations in select trains # Prebooked ready to eat meals of top brands # Food courts at major stations # Indian railways to become the largest freight carrier in the world # Social obligation of Railways in 2013-14 was Rs 20,000 crore. # Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent, says Gowda presenting Rail Budget # Focus in past has been on sanctioning projects rather than completing them: Railway Minister. # Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years: Railway Minister. # Populist projects and mismanagement have brought Railways to point of funds crunch # This state of affairs in railways needs immediate course correction # Need to explore alternative sources of resource mobilisation and not depend on fare hike alone: Rail Minister # FDI in railway projects, except in operations, to be attracted # Future projects to be financed on public-private partnership model # Plans to attract investment from domestic and foreign players in infrastructure; focus to be on aggressive indigenisation. # There was decline in traffic growth and deterioration in operating ratio in 2013-14 # Expenditure in 2014-15 pegged at Rs 149,176 crore: Railway Minister # Surplus revenues declining, hardly any resources for development works. Rs five lakh crore required for ongoing projects only: Gowda # Loss per passenger per kilometre up from 10 paise (in 2000-01) to 23 paise (2012-13). # Gross traffic receipts in 2014-15 estimated at Rs 1,64,374, expenditure Rs 1,49,176 crore. A 12.9 per cent growth expected in traffic receipt: Gowda # Railways to scale down market borrowings to Rs 11,790 crore: Railway Minister. # Indian Railways to set up food courts at major railway stations: Railway Minister # Retiring room facility to be extended to all stations: Gowda # CCTVs to be used at stations for monitoring cleanliness at railway stations; third party inspections to be introduced: Gowda # Reservation system will be revamped and ticket-booking through mobile phones and post offices popularised: Gowda # 4,000 women constables to be inducted to enhance onboard safety: Railway Minister. # Recent fare and tariff hike to mop additional revenue of about Rs 8,000 crore
Posted on: Tue, 08 Jul 2014 12:08:43 +0000
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