Tuesday, February 26, 2013

Rail Budget 2014 : No fare hike but some charges up

Salient features of Rail Budget 2013-14

  • 22 new lines to be taken up in 2013-14
  • Superfast and Tatkal charges to rise
  • 67 new Express trains to be introduced; 27 new passenger trains; run of 58 trains to be extended
  • New debt service fund to be set up
  • Will close fiscal 2012-13 with fund balance against previous deficit; need to buildfund balance to Rs.30,000 crore by end of 12th Plan
  • 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
  • No increase in passenger fares
  • Rs.6,600 crore increase in earnings from fare adjustment in January
  • Rs.63,000 crore investment in 2013-14
  • 1,047 million tonnes freight loading estimated during 2013-14
  • Passenger earnings of Rs 42,000 crore estimated in 2013-14
  • Indian Railways Institute of Financial Management to be set up at Secunderabad
  • Chair at Delhi to promote research in reducing carbon footprint
  • Winners of Rajiv Gandhi Khel Ratna and Dhyan Chand awards to get free first class passes
  • Complementary first class passes for parents of unmarried posthumous awardees of Maha Vir Chakra, Vir Chakra, Kirti Chakra and Shaurya Chakra
  • Complementary passes of freedom fighters to be renewed every three years instead of annually
  • New wheel factory to be set up at Rae Bareli
  • Greenfiled EMU manufacturing facility at Bhilwara
  • Railway energy management company to be set up to harness solar and wind energy
  • 1,000 crossings to be energised by solar power
  • 1.51 lakh vacancies to be filled up
  • Locomotive cabs to be air-conditioned
  • Azadi Express to be introduced to travel to places associated with
  • freedom struggle
  • India in 1 billion tonne freight club
  • By end of 2013-14, 1,500 km of contracts to be awarded for two dedicated rail corridors
  • Rs.1 lakh crore target set for public-private-partnership route
  • Free Wi-Fi to be provided on some trains
  • Rs.100 crore for improving stations in New Delhi
  • 179 escalators and 400 lifts at A 1 and other select stations
  • E-ticketing through mobile phones
  • SMS alerts for passengers on reservation status
  • Next generation e-ticketing system by end of 2013
  • Seventeen bridges identified for repair
  • Smoke and fire detection system envisaged
  • Fire extinguishers to be kept in guard vans
  • Corporate plan for 10 years to be drawn up
  • Raised four companies of women RPF personnel, and another eight to be raised for women’s safety
  • Six more Rail Neer bottling plants to be set up
  • Losses mounted from Rs.22,500 crore in 2011-12 to Rs.24,600 crore in 2012-13
  • Planning Commission pegged 12th Plan at Rs.125.19 lakh crore
  • Fall in accidents – per million accidents down from .41 to .13
  • Aim to eliminate 31,846 level crossings

No comments :

Contact Us

Viewers may share any information with the administrator in this email shyamali00@gmail.com
Any news, if approved, may be published in this blog under his /her name.

.................RECENT HEADLINES

Related Posts with Thumbnails

Blog Archive

Do You Know These?:

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.