Union minister Sadananda Gowda is presenting his first Rail Budget - TopicsExpress



          

Union minister Sadananda Gowda is presenting his first Rail Budget in the Lok Sabha. Here are the highlights : Very first of all and notable thing is that this rail budget is not specially for bihar ,west bengal or karnataka as railway minister is from karnataka ... this rail budget is for INDIA.... * 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. * Focus in past has been on sanctioning projects rather than completing them, Railway minister says. * Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years. * Fare revision will bring in Rs.8,000 crore; need another Rs.9,000 crore for golden quadrilateral project. * Railways also proposes to set up Food Courts at major stations. * Need to explore alternative sources of resource mobilisation and not depend on fare hike alone, Railway minister says. * Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa. * With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australias population. * Separate housekeeping wing at 50 major stations. * CCTV to monitor cleanliness activities. * Mechanized laundry will be introduced. * Dedicated freight corridor on Eastern and Western corridors. * 5400 unmanned level crossing removed. * Tourist trains to be introduced to link all major places of tourist interests across the country. * 4,000 women constables to be recruited to ensure safety of women. 17,000 RPF constables to provide safety to passengers.
Posted on: Tue, 08 Jul 2014 09:56:22 +0000

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