#RailBudget: Updates on Rail Budget 2014
- Need to explore alternative sources of resource mobilisation and not depend on fare hike alone: Rail Minister.PTI
- Gross traffic receipts in 2013-14 was Rs 12,35,558 crore,operating ratio was 94%.
- FY15 passenger earnings pegged at Rs.44,645 Cr; freight earning pegged at Rs.1.06 Lk Cr, says Railway Minister.
- Railways Minister: Aiming at 4.9% growth in freight traffic in FY 15 | See 2% growth in passenger traffic in FY1.
Live web casting of Rail Budget
- Railway Minister: propose to introduce pre cooked and ready to eat meals of reputed brands.
- Indian Railways to outsource cleaning responsibility of 50 stations to specialist cleaning agencies.
- Railways Minister wants corporates to adopt stations for improvement
- Diamond quadrilateral for high-speed trains and Rs 104 crore for high speed projects.
- North-east region to get 54% more funding in this budget,23 projects underway in North-East currently.
- Strategic procurement policies will be adopted for transparency. Status of on-going projects to be made available online.
- GIS Mapping and digitisation of Railway Land.
- Railway University for technical/non-technical subjects.
- Railway Minister proposes a Bullet train on Mumbai- Amedabad route
- Rail minister seeks cabinet nod for foreign investment in Indian Railways:Reuters India
- Wifi at all A category stations and select trains. Mobile based wake up system for passenger.
- E-ticketing system will be improved to support 7200 tickets per minute.
- Fruits, vegetables and milk transportation to get top priority in Railways.
- Solar energy to be harnessed through PPP by utilizing rooftop spaces of stations and railway buildings.
- Summer internship programs with Railways proposed for engineering and MBA students.
- 7 express trains to be introduced, 5 new jan sadharan trains to be introduced.
- New Trains: 5 Jansadharan, 5 Premium & 6 AC, 27 Express Trains, 8 Passenger, 5 DEMU & 2 MEMU services; 11 train
- New Surveys & Trains: 18 new line surveys, 10 surveys for doubling 3rd & 4th lines and gauge conversion.
- Setting up of logistic parks, private freight terminals on PPP model.
- Connectivity to ports through PPP, Procurement of parcel vans & rakes by private parties.
