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Updated Highlights: Railway Budget 2015-16
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Posted 26-02-2015Reply

Updated Highlights: Railway Budget 2015-16

The Minister of Railways Suresh Prabhu announced the Railway budget today. The railway budget is a precursor to the Union budget announced by the finance minister. Click on next to view the major highlights.

Railway Minister expresses gratitude towards PM Narendra Modi for opportunity to serve the people of India

Improvement of connectivity for all citizens a priority: Prabhu

We must restore the strength of Indian Railways as the backbone of India

No hike in passenger fares

Under-investment in Railways has led to congestion and over-utilization: Railway Minister

In next 5 years, aim is to increase existing capacity for high density networks

492

Connected directly with people on social media, 20,000 suggestions were received

Major Focus Will Be On Gauge Conversion & Electrification-

We must restore the strength of Bharatiya Railway as the backbone of India

Vicious cycle of under-investment must be put to end.

Rail facilities have not improved much over last two decades

Good governance emerges out of participative governance

People's involvement very high with railways-

Legacy Of Past

Operating ratio proposed at 88.5%. Best ever in 9 years

Railways will require us to partner with key stakeholders

We will work close with the states - Prabhu

Railways has set four goals. Goal 1-Customer experience to receive a huge boost, Goal 2 - Safer Travel Goal 3 -Modernize infrastructure; Goal 4- Financially self-sustainable: Prabhu

Railways will continue to be a national asset

People of India will always own the railways

Trains Will Become

PrevNextGo to page 1Go to page 2Go to page 3Go to page 4Go to page 5Go to page 6Go to page 7Go to page 8Go to page 9Go to page 10Go to page 11Go to page 12Go to page 13Go to page 14Go to page 15The Minister of Railways Suresh Prabhu announced the Railway budget today. The railway budget is a precursor to the Union budget announced by the finance minister. Click on next to view the major highlights.

The Minister of Railways Suresh Prabhu announced the Railway budget today. The railway budget is a precursor to the Union budget announced by the finance minister. Click on next to view the major highlights.

Railway Minister expresses gratitude towards PM Narendra Modi for opportunity to serve the people of India

Improvement of connectivity for all citizens a priority: Prabhu

We must restore the strength of Indian Railways as the backbone of India

No hike in passenger fares

Under-investment in Railways has led to congestion and over-utilization: Railway Minister

In next 5 years, aim is to increase existing capacity for high density networks

492

...

more Railway Minister expresses gratitude towards PM Narendra Modi for opportunity to serve the people of India

Improvement of connectivity for all citizens a priority: Prabhu

We must restore the strength of Indian Railways as the backbone of India

No hike in passenger fares

Under-investment in Railways has led to congestion and over-utilization: Railway Minister

In next 5 years, aim is to increase existing capacity for high density networks

492 section of Railways running at a capacity of more than 100%; 228 running between 80-100%

Railways plays a major role in India's social and economic development

Railway is a unique integrator of India

Investment in railways will create more jobs

We have prepared a forward-looking agenda

(REUTERS/Anindito Mukherjee/Files)

less Connected directly with people on social media, 20,000 suggestions were received

Major Focus Will Be On Gauge Conversion & Electrification-

We must restore the strength of Bharatiya Railway as the backbone of India

Vicious cycle of under-investment must be put to end.

Rail facilities have not improved much over last two decades

Good governance emerges out of participative governance

People's involvement very high with railways-

Legacy Of Past

...

more Connected directly with people on social media, 20,000 suggestions were received

Major Focus Will Be On Gauge Conversion & Electrification-

We must restore the strength of Bharatiya Railway as the backbone of India

Vicious cycle of under-investment must be put to end.

Rail facilities have not improved much over last two decades

Good governance emerges out of participative governance

People's involvement very high with railways-

Legacy Of Past Decades Will Take Time To Neutralise-

Focus Will Be On Improving Speed Of Railways

(REUTERS/Danish Siddiqui/Files)

less Operating ratio proposed at 88.5%. Best ever in 9 years

Railways will require us to partner with key stakeholders

We will work close with the states - Prabhu

Railways has set four goals. Goal 1-Customer experience to receive a huge boost, Goal 2 - Safer Travel Goal 3 -Modernize infrastructure; Goal 4- Financially self-sustainable: Prabhu

Railways will continue to be a national asset

People of India will always own the railways

Trains Will Become

...

more Operating ratio proposed at 88.5%. Best ever in 9 years

Railways will require us to partner with key stakeholders

We will work close with the states - Prabhu

Railways has set four goals. Goal 1-Customer experience to receive a huge boost, Goal 2 - Safer Travel Goal 3 -Modernize infrastructure; Goal 4- Financially self-sustainable: Prabhu

Railways will continue to be a national asset

People of India will always own the railways

Trains Will Become More Punctual In Next 5 Years

Railways plan to raise annual freight capacity to 1.5 billion tonne from 1.0 billion tonne

Railways has to keep tighter control on costs

Container Corporation of India is up 1.05% and Gateway Distriparks down 0.78%

(REUTERS/Rupak De Chowdhuri/Files)

less Must run fast trains like Rajdhani and Shatabdi

Propose Operating Ratio Of 88.5% For FY16 Vs 91.8% FY15

Railways may substantially regain freight market share

Envisage Rs 8.5 Lk Cr Investment Over 5 Years: Rail Min

To Increase Track Capacity By 14% To 138,000 km: Prabhu

Rail Min plans to come out with a 2030 Vision Document

Railways will introduce all India 24X7 helpline 138 from 1/3/15

Toll free No.182 For Security-related Calls

138 To Be A

17000 more toilets to be replaced by bio-toilets

Rs 8.5 lakh crore to be invested in Railways over 5 years

E-catering has been introduced in 108 trains

Aim 20% increase in track lines to 138,000 kms: Prabhu

Passengers To Be Able To Book Food Options From IRCTC Website

Will Issue Unreserved Tickets On Smartphones Via Apps

Passengers Without Reservations Can Book Tickets In 5 Mins

Railways would utilize the Nirbhaya fund for augmenting safer travel

Railways to introduce surveillance cameras on select mainline and ladies compartments

Important to harness training of our employees

Plan to initiate an SMS alert service to inform passengers about arrival &departure of the trains

Onboard entertainment on some Shatabdi trains to be introduced

Station to be redeveloped through simpler processes - faster redevelopment. Monitoring cell constituted

67% more funds allotted for passenger amenities

120

Fast track highest priority works. Investment 84% higher

77 new projects -Doubling, tripling/quadrupling/ electrification

Satellite railway terminals in major cities - 10 select stations

Debottlenecking – traffic facility works - 100% more funds allocated

Railway connectivity for North Eastern State and J&K - ongoing process major thrust

1330% increase in railway electrification over previous year.

TRANSLOC – new PSU – end to end logistics

Speedier Railway- 9 hi-speed corridors, high speed trains, Make in India opportunities

Corporate safety Plans; ISRO to be involved

3438 level Xings to be eliminated, Rly expense increased by 2600 %

Private freight terminals reviewing of WLS, SFTO, PFT schemes under process

Automatic freight rebate system launched and to be expanded

The average speed of freight trains both in empty and filled condition will be enhanced

Prabhu requests MPs to use

PrevNextGo to page 1Go to page 2Go to page 3Go to page 4Go to page 5Go to page 6Go to page 7Go to page 8Go to page 9Go to page 10Go to page 11Go to page 12Go to page 13Go to page 14Go to page 15The Minister of Railways Suresh Prabhu announced the Railway budget today. The railway budget is a precursor to the Union budget announced by the finance minister. Click on next to view the major highlights.

The Minister of Railways Suresh Prabhu announced the Railway budget today. The railway budget is a precursor to the Union budget announced by the finance minister. Click on next to view the major highlights.

Railway Minister expresses gratitude towards PM Narendra Modi for opportunity to serve the people of India

Improvement of connectivity for all citizens a priority: Prabhu

We must restore the strength of Indian Railways as the backbone of India

No hike in passenger fares

Under-investment in Railways has led to congestion and over-utilization: Railway Minister

In next 5 years, aim is to increase existing capacity for high density networks

492

...

more Railway Minister expresses gratitude towards PM Narendra Modi for opportunity to serve the people of India

Improvement of connectivity for all citizens a priority: Prabhu

We must restore the strength of Indian Railways as the backbone of India

No hike in passenger fares

Under-investment in Railways has led to congestion and over-utilization: Railway Minister

In next 5 years, aim is to increase existing capacity for high density networks

492 section of Railways running at a capacity of more than 100%; 228 running between 80-100%

Railways plays a major role in India's social and economic development

Railway is a unique integrator of India

Investment in railways will create more jobs

We have prepared a forward-looking agenda

(REUTERS/Anindito Mukherjee/Files)

less Connected directly with people on social media, 20,000 suggestions were received

Major Focus Will Be On Gauge Conversion & Electrification-

We must restore the strength of Bharatiya Railway as the backbone of India

Vicious cycle of under-investment must be put to end.

Rail facilities have not improved much over last two decades

Good governance emerges out of participative governance

People's involvement very high with railways-

Legacy Of Past

...

more Connected directly with people on social media, 20,000 suggestions were received

Major Focus Will Be On Gauge Conversion & Electrification-

We must restore the strength of Bharatiya Railway as the backbone of India

Vicious cycle of under-investment must be put to end.

Rail facilities have not improved much over last two decades

Good governance emerges out of participative governance

People's involvement very high with railways-

Legacy Of Past Decades Will Take Time To Neutralise-

Focus Will Be On Improving Speed Of Railways

(REUTERS/Danish Siddiqui/Files)

less Operating ratio proposed at 88.5%. Best ever in 9 years

Railways will require us to partner with key stakeholders

We will work close with the states - Prabhu

Railways has set four goals. Goal 1-Customer experience to receive a huge boost, Goal 2 - Safer Travel Goal 3 -Modernize infrastructure; Goal 4- Financially self-sustainable: Prabhu

Railways will continue to be a national asset

People of India will always own the railways

Trains Will Become

...

more Operating ratio proposed at 88.5%. Best ever in 9 years

Railways will require us to partner with key stakeholders

We will work close with the states - Prabhu

Railways has set four goals. Goal 1-Customer experience to receive a huge boost, Goal 2 - Safer Travel Goal 3 -Modernize infrastructure; Goal 4- Financially self-sustainable: Prabhu

Railways will continue to be a national asset

People of India will always own the railways

Trains Will Become More Punctual In Next 5 Years

Railways plan to raise annual freight capacity to 1.5 billion tonne from 1.0 billion tonne

Railways has to keep tighter control on costs

Container Corporation of India is up 1.05% and Gateway Distriparks down 0.78%

(REUTERS/Rupak De Chowdhuri/Files)

less Must run fast trains like Rajdhani and Shatabdi

Propose Operating Ratio Of 88.5% For FY16 Vs 91.8% FY15

Railways may substantially regain freight market share

Envisage Rs 8.5 Lk Cr Investment Over 5 Years: Rail Min

To Increase Track Capacity By 14% To 138,000 km: Prabhu

Rail Min plans to come out with a 2030 Vision Document

Railways will introduce all India 24X7 helpline 138 from 1/3/15

Toll free No.182 For Security-related Calls

138 To Be A

...

more Must run fast trains like Rajdhani and Shatabdi

Propose Operating Ratio Of 88.5% For FY16 Vs 91.8% FY15

Railways may substantially regain freight market share

Envisage Rs 8.5 Lk Cr Investment Over 5 Years: Rail Min

To Increase Track Capacity By 14% To 138,000 km: Prabhu

Rail Min plans to come out with a 2030 Vision Document

Railways will introduce all India 24X7 helpline 138 from 1/3/15

Toll free No.182 For Security-related Calls

138 To Be A National Helpline For Railway-related Issues

(REUTERS/Rupak De Chowdhuri/Files)

less 17000 more toilets to be replaced by bio-toilets

Rs 8.5 lakh crore to be invested in Railways over 5 years

E-catering has been introduced in 108 trains

Aim 20% increase in track lines to 138,000 kms: Prabhu

Passengers To Be Able To Book Food Options From IRCTC Website

Will Issue Unreserved Tickets On Smartphones Via Apps

Passengers Without Reservations Can Book Tickets In 5 Mins

Railways would utilize the Nirbhaya fund for augmenting safer travel

...

more 17000 more toilets to be replaced by bio-toilets

Rs 8.5 lakh crore to be invested in Railways over 5 years

E-catering has been introduced in 108 trains

Aim 20% increase in track lines to 138,000 kms: Prabhu

Passengers To Be Able To Book Food Options From IRCTC Website

Will Issue Unreserved Tickets On Smartphones Via Apps

Passengers Without Reservations Can Book Tickets In 5 Mins

Railways would utilize the Nirbhaya fund for augmenting safer travel for women

(REUTERS/Jayanta Dey)

less Railways to introduce surveillance cameras on select mainline and ladies compartments

Important to harness training of our employees

Plan to initiate an SMS alert service to inform passengers about arrival &departure of the trains

Onboard entertainment on some Shatabdi trains to be introduced

Station to be redeveloped through simpler processes - faster redevelopment. Monitoring cell constituted

67% more funds allotted for passenger amenities

120

...

more Railways to introduce surveillance cameras on select mainline and ladies compartments

Important to harness training of our employees

Plan to initiate an SMS alert service to inform passengers about arrival &departure of the trains

Onboard entertainment on some Shatabdi trains to be introduced

Station to be redeveloped through simpler processes - faster redevelopment. Monitoring cell constituted

67% more funds allotted for passenger amenities

120 crore provided for lifts and escalators to facilitate movements

Train sets, saving 20% journey time within next 2 years

Collaboration with NIFT and NID for better bed rolls, inner coach designs

24 to 26 coaches in certain identified trains, more general class coaches, ladders to be replaced

Modern facilities for disabled citizens, senior citizens, patients through IRCTC

(AFP Images)

less Fast track highest priority works. Investment 84% higher

77 new projects -Doubling, tripling/quadrupling/ electrification

Satellite railway terminals in major cities - 10 select stations

Debottlenecking – traffic facility works - 100% more funds allocated

Railway connectivity for North Eastern State and J&K - ongoing process major thrust

1330% increase in railway electrification over previous year.

TRANSLOC – new PSU – end to end logistics

...

more Fast track highest priority works. Investment 84% higher

77 new projects -Doubling, tripling/quadrupling/ electrification

Satellite railway terminals in major cities - 10 select stations

Debottlenecking – traffic facility works - 100% more funds allocated

Railway connectivity for North Eastern State and J&K - ongoing process major thrust

1330% increase in railway electrification over previous year.

TRANSLOC – new PSU – end to end logistics solution

State of the art perishable cargo center under completion for farmers

Private freight terminals reviewing of WLS, SFTO, PFT schemes under process; automatic freight rebate system launched and to be expanded

(AFP Images)

less Speedier Railway- 9 hi-speed corridors, high speed trains, Make in India opportunities

Corporate safety Plans; ISRO to be involved

3438 level Xings to be eliminated, Rly expense increased by 2600 %

Private freight terminals reviewing of WLS, SFTO, PFT schemes under process

Automatic freight rebate system launched and to be expanded

The average speed of freight trains both in empty and filled condition will be enhanced

Prabhu requests MPs to use

...

more Speedier Railway- 9 hi-speed corridors, high speed trains, Make in India opportunities

Corporate safety Plans; ISRO to be involved

3438 level Xings to be eliminated, Rly expense increased by 2600 %

Private freight terminals reviewing of WLS, SFTO, PFT schemes under process

Automatic freight rebate system launched and to be expanded

The average speed of freight trains both in empty and filled condition will be enhanced

Prabhu requests MPs to use part of their MPLAD funds to improve facilities

For betterment of stations, Rail Min proposes revamp of station facilities & invite open bid from interested parties

Fin Min preparing 5 year cooperate safety plan which will be ready by June 2015

Construction of long loop lines will be expedited

Railway Minister announces Delhi-Kolkata, Delhi-Mumbai overnight journey trains

(AFP Images)

less Railways to raise reserved ticket booking window to 120 days vs 60 days now

Malaviya Chair at IIT/BHU for Railway technology

For Railway safety, ISRO to be involved; 3438 level crossings to be eliminated

Preventive to predictive maintenance

‘Kayakalp’ to help in Technology Upgradation

Decentralise, deregulate and delegate to make freight business simpler

JV with major public sector companies for meeting requirements of new lines

Framework to

Skill development and self employment to be encouraged on Konkan Rly model

Railways to launch EPC system for rail project contracts

Railways to commission 1,200 km fresh lines this year

To digitally integrate vendors to improve efficiency

100 DEMUs to be converted to dual fuels

Working to modify current system of accounting to track the use of public money and results more efficiently

A mechanism for making regulations, setting performance

1000MV Solar plants to be set-up by developers on Rly/Pvt. Land and on Rly Building at own cost

Full fledged university during 2015-16

Rs.2000 cr for Coastal Connectivity Program

Rs.2500 cr through BOT/Annuity route

1000 MWSolar plant; 100DEMUs to dual fuel

Monetization of assets rather than selling them

Plan size increased by 52%; 41.6% GBS; 17.8% internal generation

Most important thrust area - resource mobilization

We will fulfill PM's vision for Railways, 'Ek Bharat Shrestha Bharat'

Transformation of Railways have huge opportunities for ‘Make In India’ campaign

Railways to launch Rs 2,500 cr worth of projects via BOT route

In 400 stations, wifi services will be provided

To Undertake Digitisation Of Rail Land Records

Propose Market Borrowing Of Rs 17,655 Cr For FY16

Plan Budget Goes Up 52% To Rs 1.11 Lk Cr For FY16

FY16 Gross Budgetary Support Fm Federal Govt At Rs 40,000 Cr

Surveillance Cameras To Be Provided For Women's Security

1,300 km System Contracts Will Be Awarded On DFC In FY16

Rail Min Welcomes Bids From Interested Parties For Revamping Stations

May Tie Up With State-run NBFC For Long-term Financing

Nine Major Thrust Areas in the Railway Budget 2015-16



1. Indian Railways to become prime mover of economy once again

2. Resource Mobilization for higher Investments

3. Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge conversion, doubling, tripling and electrification

4. Project delivery

5. Passenger Amenities.

6. Safety

7. Transparency & System Improvement.

8. Railways to continue to be the preferred mode of transport for the masses.

9. Sustainability.

No hike in Railway Passenger Fares

Plan Outlay proposed Rs. 1,00,011 crore, increased by 52%

Allocation for passenger amenities up by 67%

Railways to become prime mover of Indian Economy, Five years action plan proposed

Rail Budget seeks resource mobilization for higher investment

Thrust on measurable and sustainable improvement in passenger experience and to make Rail a safer means of travel

Hot buttons, coin vending machines for railway tickets within 5 minutes, e-catering to select meals from an array of choices

200 more stations to come under Adarsh Station scheme; Wi - Fi to be provided at B category stations

24X7 helplines for attending passenger problems and security related complaints

For the safety of women passengers surveillance cameras in suburban coaches

More General class coaches will be added in identified trains.

The speed of nine railway corridors will be increased to 160 and 200 kmph

Train Protection Warning System and Train Collision Avoidance System to be installed on select routes

77 new projects covering 9,400 km of doubling/tripling/quadrupling works proposed

A new department for keeping stations and trains clean under Swachh Rail Swachh Bharat Abhiyan



Source: Yahoo
 
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