Highlights of the Railway Budget 2016

8/18/2019 Highlights of the Railway Budget 2016

1/13

Highlights of the Railway Budget 2016-17

Theme of the Budget

• Overcoming challenges – Reorganie! Restructure Re"uvenate #ndian

Railways$

• %&halo! 'il(ar )uch *aya )aren+

• ,hree illars of the strategy i.e. *av /r"an – *ew revenues! *av 'ana(

– *ew norms! *av anrachna – *ew tructures.

Financial Performance

• 201-16- avings of Rs. !720 crore neutraliing most of the revenue


2/13

shortfall! e3ected OR 405

• 2016-17- ,argeted Oerating Ratio OR8 - 425! restrict growth of

Ordinary 9or(ing :3enses ;y 11.65 after ;uilding in immediate

imact of 7th


3/13

accommodation on trains availa;le on demand! time ta;led freight trains! high

end technology to imrove safety record! elimination of all unmanned level

crossings! imroved unctuality! higher average seed of freight trains! semi

high seed trains running along the golden ?uadrilateral! ero direct discharge

of human waste.

2015-16-chievements

/ction initiated on 1@4 ;udget announcements of 201-16.

Pro!ect e"ecution

201-16 - assured funding through A#& commissioning of 2!00 (ms Broad

auge lines commissioning of 1!600 (ms of electrification! highest ever. #n

2016-17 -targeted commissioning 2!00 (ms of trac( commissioning Broad

auge lines C over 7 (ms er day against an average of a;out =.@ (ms er

day in the last 6 years.

9ould increase to a;out 1@ (ms er day in 2017-1 and 14 (ms er day in

201-14 will generate emloyment of a;out 4 crore man days in 2017-1 and

1= crore man days in 201-14. Outlay for railway electrification increased in

2016-17 ;y almost 05 target to electrify 2!000 (ms.


4/13

#edicated Freight $orridor

/lmost all contracts for civil engineering wor(s to ;e awarded ;y 'arch @1st

2016 Rs. 2=!000 crore contracts awarded since *ovem;er 201= as against

Rs. 1@!000 crore contracts awarded in last 6 years roose to ta(e u *orth-

outh! :ast-9est D :ast &oast freight corridors through innovative financing

including


5/13

$a(acit% Building for the future through)

Trans(arenc% * initiated recruitments online in 201-16! rocess now ;eing

relicated for all ositions! social media ;eing used as a tool to ;ring in

transarency! all rocurement including rocurement of wor(s moved to the e-

latform! comleted trial of rocess leading to award of tender electronically

and to ;e rolled out on a


6/13

$ustomer Interface

#nteraction and feed;ac( through social media D dedicated #GR system.

'a(ing travel comforta;le ;y generating over 6!000 additional ;erths!

installing 2!00 water vending machines introducing %'ahamana :3ress+

with modern refur;ished coaches 17!000 ;io-toilets in trains world+s first Bio-

Gacuum toilet develoed.

Tic,eting) #ntroduced 1!70 /utomatic ,ic(et Gending 'achines! mo;ile as

D o#ndia smartcard for cashless urchase of I, and


7/13

crossings! 20 ROBKRIB comleted in the current year and wor( going on in

1!@0 of them.

ther ma!or achievements

'nerg%) annualied savings of Rs. @!000 crore to ;e achieved in the ne3t

financial year itself! a year earlier than announced achieved ;y rocuring

ower directly at cometitive rates using #R+s status as Feemed Fistri;ution

Aicensee.

Rail .niversit% * initially identified the *ational /cademy of #ndian Railways

at Gadodara.

#igital India) alication of ,rac( 'anagement ystem ,'8 launched!

inventory management module of ,' has resulted in inventory reduction ;y

27!000 ', resulting in saving of Rs.6= crore and scra identification of

22!000 ', e?uivalent to Rs.@ crore.

Im(roving /ualit% of travel)

For the unreserved (assenger *

/ntyodaya :3ress unreserved! suerfast service.


8/13

Feen Fayalu coaches – unreserved coaches with ota;le water and higher

num;er of mo;ile charging oints.

For the reserved (assenger *

Humsafar - fully air-conditioned third /& service with an otional service for

meals

,e"as - will showcase the future of train travel in #ndia. 9ill oerate at seeds

of 1@0 (mh and a;ove.

IF/L - overnight dou;le-dec(er! It(risht Fou;le-Fec(er /ir-conditioned Latri

:3ress on the ;usiest routes! has the otential to increase carrying caacity

;y almost =05.

Pilgrimage centres) to ta(e u on riority the rovision of assenger

amenities and ;eautification on stations at ilgrimage centres including /"mer!

/mritsar! Bihar harif! &hengannur! Fwar(a! aya! Haridwar! 'athura!

*agaattinam! *anded! *asi(!


9/13

igh (eed Rail) assenger corridor from /hmeda;ad to 'um;ai ;eing

underta(en with the assistance of the overnment of Eaan.


10/13

manufacturing activity - ;y 2020! aim at generating annualised revenues of

a;out Rs =!000 crore.

Tourism


11/13

tringent economy and austerity measures adoted to contain the Ordinary

9or(ing :3enses O.9.:.8 due to which ;udgeted Ordinary 9or(ing

:3enses of Rs 1!14!=10 crore decreased in the Revised :stimates 201-16

to Rs. 1!10!640 crore i.e. ;y Rs !720 crore.

B: rovided for an aroriation of Rs. @=!400 crore to the


12/13

ross ,raffic Receits (et at Rs 1!=!20 crore .


13/13

met.

Railways are rearing a

Documents

Highlights of the Railway Budget 2016