Railway Minister Pawan Kumar Bansal concluded his budget speech.
- 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 Authority has been formalised
- Dynamic fuel adjustment component to be introduced on freight rates from April one, that will result in less than five per cent increase 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 from 88.8 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
- Marginal increase in cancellation, reservation charges
- 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 by Railways this financial year.
- Indian Railway Institute for Financial Management to be set up at Secunderabad to train rail officers on a regular basis
- Railway Energy Management Company to be set up to harness solar and wind energy
- 47,000 vacancies for weaker sections and physically challenged to be filled up soon
- New coach manufacturing and maintenance facilities to be set up in various places including Rae Bareli, Bhilwara, Sonepat, Kalahandi, Kolar, Palakkad and Pratapgarh
- Rs 9000 crore investments expected including Rs 3,800 crore in port connectivity and Rs 800 crore in iron ore mines connectivity
- Allocation of Rs 1,000 crore each made for railway land development 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 freedom struggle 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 select Shatabdi and Rajdhani trains to give excellent ambience with commensurate fare
- Railways will use Aadhar data base for bookings and validation of passengers
- SMS alert service being rolled out shortly to intimate passengers about 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 1.05 lakh crore through internal resources in the 12th Plan
- 12th Plan railway size to be Rs 5.19 lakh crore, with gross budgetary support of Rs 1.94 lakh crore
- Steep increase in input costs have been met with hike in Freight rates: Bansal
- Railways powerful vehicle driving the growth of the country: Bansal
Railway Minister Pawan Kumar Bansal presented his maiden budget in Parliament
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