Rail Budget 2013-14 Highlights


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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