So here is deep cut version of what Railway Minister Mallikarjun Kharge presented in the parliament on 12 Feb 2014 :
Achievements / Initiatives:
- Major landmark achievement in National Project of Kashmir
- State of Meghalaya and capital of Arunachal Pradesh to be on Railway Map by this fiscal.
- Gauge Conversion of strategically important 510 km Rangiya – Murkongselek line in Assam to be completed by this fiscal.
- XIth Five Year Plan Targets exceeded in New Lines (2,207 km) , Doubling (2,758 km) and Electrification (4,556 km), Production of Diesel (1,288) & Electrical (1,218) Locos and Acquisition of Wagons (64,875)
- Dedicated Freight Corridors on the Eastern and Western Routes – leading to strategically critical capacity augmentation.
- Railways met from its own means the total additional impact of Rs one lakh crore due to implementation of 6th Pay Commission
- In 2013-14, 1532 km of New Lines, Doubling and Gauge Conversion commissioned.
- Production commenced at the new factories – Rail Wheel Plant, Chhapra ; Rail Coach Factory, Rae Bareli ; and Diesel Component Factory, Dankuni.
- Specially designed coaches for adverse weather condition for rail travel in Kashmir.
- Successful development of Corrosion resistant, lighter wagons with higher pay-load and speed potential upto 100kmph.
- Railways sportspersons dominate national events by winning titles in 23 disciplines and runners up in 9 disciplines. In various international championships a total of 2 Gold, 4 Silver and 3 Bronze Medals won.
Measures for improving Safety & Security:
- No unmanned Level Crossing. A total of 5,400 unmanned level crossings eleiminated – 2,310 by manning it and 3,090 by closure / merger / construction of ROBs or RUBs.
- Improved audio – visual warning to road users in advance of approaching trains.
- Induction of indigenously developed Train Collision Avoidance System
- Development of ‘crashworthy’ coaches
- In last five years, offering employment to over one lakh persons in Group C categories and to 1.6 lakh persons in erstwhile Group D categories.
- Provision of Vigilance Control Device in all locomotives
- Various measures to prevent fire incidents on trains:Fire retardant materials, multi-tier protection for electric circuits, portable fire extinguishers in coaches, induction based cooking to replace LPG in pantry cars, intensive checks against explosives and inflammable materials.
- Rail infrastructure by cost sharing arrangement with State Governments; Karnataka, Jharkhand, Maharashtra, Andhra Pradesh and Haryana agreed to several projects. Several Public Private Partnerships (PPP) projects are in the pipeline.
- FDI being enabled to foster creation of world-class rail infrastructure.
- Rail Land Development Authority raised Rs 937 crore so far.
Modernisation and Technology Induction:
- High Speed Trains-Joint feasibility study by India and Japan for Mumbai – Ahmedabad Corridor to be co-financed by Japan International Cooperation AgencyBusiness Development Study by SNCF for Mumbai – Ahmedabad corridor.
- Semi- High Speed Projects
- Exploring low cost option of speeds 160- 200 kmph on select routes
- Railway Energy Management Company becomes functional. Windmill and solar power plants to be set up with 40% subsidy from Ministry of New & Renewable Energy.
- 200 Stations, rooftops of 26 buildings and 2,000 level crossing gates to be covered.
- Railways bagged 22 out of 112 awards given by the Government.
- ‘Green Curtains’ along the track close to major stations; Pilot work at Agra and Jaipur
- Coverage of Bio-toilets in 2,500 coaches and would be increased progressively.
Passenger Friendly Initiatives:
- Overwhelming public response to e-booking of ticket
- On-line tracking of exact location and running of train movements
- 51 Jan-Ahaar outlets for Janta Meals ; 48 passenger escalators commisionsed at stations and 61 more being installed ; air-conditioned EMU services in Mumbai from July 2014 ; information display system in important trains to indicate stations & arrival time.
- Upgradation’ scheme extended to AC Chair Car and Executive Chair car passengers.
Demand Management through Dynamic Pricing:
Premium AC Special train introduced in Delhi – Mumbai Sector with shorter advance reservation period and dynamically varying premium over tatkal fare
Enhancing Market Share:
Clearing missing links in Carrying Capacity + 8 tonne routes; freight train speeding ; upgradation of rolling stock ; increasing length of trains ; tariff and incentive schemes to encourage traffic to rail and minimizing empty running.
Rail Tariff Authority:
Independent Rail Tariff Authority to be set-up to advise on fixing of fares and freight, to engage all stake-holders; Fare currently to remain unchanged.
Initiatives to be taken include – proliferation of cash accepting Automatic Ticket Vending Machines; ticketing on mobile phones in unreserved segments; system update on PNR status; online booking of retiring rooms at important stations; online booking of meals for selected en-route stations; introduction of e-forwarding note and electronic transmission of railway receipts for freight customers.
Revenue Freight Traffic:
- Loading target of 1047 Million Tonnes for 2013-14 would be surpassed
- Empty Flow Discount Scheme to be implemented
- Carrying Capacity + 9 tonne + 1 tonne routes being planned
- Easing of some restrictions on movement of imported commodities through Containers
- Carrying capacity of 20 feet containers increased by 4 tonnes
- Parcel Terminals & Special Parcel Trains with scheduled timings.
- New policy on parcels to encourage transportation of milk.
- New concept of ‘hub and spoke’ for parcel business
- Third party warehousing in Special Parcel Terminals envisaged.
Financial Performance 2012-13
- Loading of 1,008 Million Tonnes surpassed the R.E. target of 1,007 Million Tonnes
- Paid full dividend Rs 5,389 crore to General Exchequer
- 90.2% Operating Ratio in 2012-13
- Repayment in full with interest of Rs 3,000 crore loan from the Government
- Railway Fund Balances of Rs 2,391 crore
Financial Performance 2013-14:
- Loading Target raised to 1,052 Million Tonne from B.E. 1,047 Million Tonne.
- Freight Earnings Target revised to Rs 94,000 crore from B.E. Rs 93,554 crore
- Stringent Financial control exercised and Ordinary Working Expenses pegged only at Rs 560 crore higher than Budget Estimates, despite various post-budgetary factors
- Plan Outlay revised to Rs 59,359 crore
- Operating Ratio likely to be 90.8%
- Fund Balances to continue to grow to Rs 8,018 crore
- Loading target of 1,101 Million Tonnes
- Gross Traffic Receipts targeted at Rs 1,60,775 crore with Passenger Earnings (Rs 45,255 crore), Goods (Rs 1,05,770 crore), Other Coaching & Sundry Earnings (Rs 9,700 crore)
- Ordinary Working Expenses placed at Rs 1,10,649 crore, higher by Rs 13,589 crore
- Pension Outgo budgeted at Rs 27,000 crore against Rs 24,000 crore for 2013-14
- The entire Dividend of Rs 9,117 crore to General Exchquer will be paid
- Fund Balances likely to be Rs 12,728 crore.
- Operating Ratio budgeted at 89.8%
Annual Plan 2014-15:
Annual Plan envisaged at Rs 64,305 crore with a Budgetary Support of Rs 30,223 crore , Internal Resources of Rs 10,418 crore and Extra Budgetary Resources of Rs 19,805 crore
New Surveys :
19 New Lines & 5 Doubling to be surveyed
- 17 Premium trains
- 38 Express trains
- 10 Passenger trains
- 4 MEMU
- 3 DEMU
- 3 Extensions of Trains and 3 Increase in frequency
If you are interested to read more, please take a look at the Full Text of Kharge’s Budget Speech.
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