Railway Budget 2013 - 14

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  • 7/29/2019 Railway Budget 2013 - 14

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    Railway Minister Pawan Kumar Bansal presents hismaiden budget in Parliament on

    26-2-2013. 67 new express trains to be introduced; 27 passenger trains, 8

    DEMUs

    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 An independent Rail Tariff Authorityhas been formalised Dynamic fuel adjustment component to be introduced on

    freight rates from April one, that will result in less than five per centincrease in rates

    Diesel price hike added Rs 3,300 crore to fuel bill of Railways Railway revenues to show a balance of Rs 12,506 crore in 2013-14 Planned investment of Rs 63,363 crore for 2013-14, including Rs 600

    crore from PPP route

    Operating ratio expected to improve to 87.8 per cent in 2013-14 from88.8 per cent in the current fiscal

    5.2 per cent growth in passenger traffic expected in 2013-14 Railway hopes to end 2013-14 with a balance of Rs 12,506 crore Rs.100 crore for improving stations in New Delhi Railways to set up a Debt Service Fund Freight earning to grow by 9 per cent to Rs 93,554 crore. Freight target fixed at 1,047 MT for 2013-14, 40 MT over the current

    year

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    No fresh hike in passenger fares Modest 5-6% hike in passenger fares will add to corpus, and

    translate into better amenities

    Rs 3,000 crore loan from Finance Ministry re-paid with interest byRailways this financial year.

    Indian Railway Institute for Financial Management to beset up at Secunderabad to train rail officers on a regularbasis

    Railway Energy Management Companyto be set up to harnesssolar and wind energy

    47,000 vacancies for weaker sections and physically challenged tobe filled up soon

    New coach manufacturing and maintenance facilities to beset up in various places including Rae Bareli, Bhilwara,Sonepat, Kalahandi, Kolar, Palakkad and Pratapgarh

    Rs 9000 crore investments expected including Rs 3,800 crorein port connectivity and Rs 800 crore in iron ore mines connectivity

    Allocation of Rs 1,000 crore each made for railway landdevelopment authority and railway station development

    authority. Railways set to enter 1 billion ton freight club of China, Russia

    and US

    Common rail-bus ticket to be introduced for Katra-Vaishnodevi pilgrims

    New train Azadi Express to places linked with the freedomstruggle to be introduced, fares to be concessional

    Internet booking to be provided from 0030 hours to 2330 hours Internet booking to be strengthened with next-generation e-ticketing

    system to eliminate delays

    Special A/C coaches Anubhuti, to be introduced in selectShatabdi and Rajdhani trains to give excellent ambience withcommensurate fare

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    Railways will use Aadhar data base for bookings andvalidation of passengers

    SMS alert service being rolled out shortly to intimate passengersabout reservation status

    Free wi-fi facility to be provided in select trains Plan to allow e-ticketing via mobile phones Railway committed to bring marked change in passenger amenities Seventeen bridges identified for repair Smoke and fire detection system envisaged Fire extinguishers to be kept in guard vans Aim to eliminate 31,846 level crossings Identification of 104 stations for upgradation in places with more

    than one million population and of religious significance

    Railways to set up six more Rail Neer bottling plants 10% reservation for women in RPF Presence of women in RPF to go up Plan for elephant corridor safety Corporate safety plan proposed Railway safety fund inadequate Fall in accidents per million accidents down from .41 to .13 There has been significant drop in train accidents Rs. 95,000 crore shortfall, meeting this shortfall will mean a

    paradigm shift

    Rs 1 lakh crore to be raised from public-private partnership, Rs 1.05lakh crore through internal resources in the 12th Plan

    12th Plan railway size to be Rs 5.19 lakh crore, with grossbudgetary support of Rs 1.94 lakh crore

    Steep increase in input costs have been met with hike in Freight rates:Bansal