Economy: #UnionBudget2015
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Highlights of Suresh Prabhu’s Rail Budget 2015
Railway Minister Suresh Prabhu
On Thursday Railway Minister Suresh Prabhu presented his maiden, and the NDA government’s second Rail Budget.
Here are the key points from his Rail Budget on Thursday.
# Railway Minister Suresh Prabhu began on a funny note, saying “Hey Prabhu yeh kaise hoga” on Railway turnaround.
# Suresh Prabhu said we must restore the strength of Bharatiya Railway as the backbone of India.
# Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh kms.
# Railway helpline number 138 will become operational for 24×7.
# Disposable linen on payment to be available at all stations.
# Toll free number 182 created for security related complaints.
# Introduction of ‘Operation 5-minute’ to ensure ticketless passenger get regular ticket within five minute of entering station.
# SMS alert service to be introduced on train arrival anddeparture; CCTVs to be introduced in selective trains and suburban trains for women safety.
# More general class coaches to be added in identified trains; more AC EMU services for Mumbai suburban section.
# Open wi-fi to be available at 400 railway stations; proposal to revamp the station re-development scheme.
# Projects worth Rs 96,182 crore to expand capacity of 9,420 km rail lines.
# Tickets can now be booked 120 days ahead of travel date, instead of 60 days now, to tackle tout menace.
# Four dedicated freight corridors to be completed this year; 6608 kms of track to be electrified.
# Wagon-making scheme to be reviewed to make it easier for private investment; Speed on nine corridors to be increased from 110-130 to 160-200 kms per hour.
# Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015.
# Preparing 5-year corporate safety plan to be ready in 3 months to identify annual quantifiable targets Rs 6,750 crore allocated for eliminating 3438 level crossings; 970 road-underbridge and road-overbridge to be constructed.
# Plan size raised by 52 per cent to Rs 111,000 crore.
# Regulatory mechanism to be set up for deciding on tariff and disputes: Project worth Rs 2,500 crore using BOT annuity route to be launched.
With inputs from Press Trust of India
Here are the key points from his Rail Budget on Thursday.
# Railway Minister Suresh Prabhu began on a funny note, saying “Hey Prabhu yeh kaise hoga” on Railway turnaround.
# Suresh Prabhu said we must restore the strength of Bharatiya Railway as the backbone of India.
# Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh kms.
# Railway helpline number 138 will become operational for 24×7.
# Disposable linen on payment to be available at all stations.
# Toll free number 182 created for security related complaints.
# Introduction of ‘Operation 5-minute’ to ensure ticketless passenger get regular ticket within five minute of entering station.
# SMS alert service to be introduced on train arrival anddeparture; CCTVs to be introduced in selective trains and suburban trains for women safety.
# More general class coaches to be added in identified trains; more AC EMU services for Mumbai suburban section.
# Open wi-fi to be available at 400 railway stations; proposal to revamp the station re-development scheme.
# Projects worth Rs 96,182 crore to expand capacity of 9,420 km rail lines.
# Tickets can now be booked 120 days ahead of travel date, instead of 60 days now, to tackle tout menace.
# Four dedicated freight corridors to be completed this year; 6608 kms of track to be electrified.
# Wagon-making scheme to be reviewed to make it easier for private investment; Speed on nine corridors to be increased from 110-130 to 160-200 kms per hour.
# Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015.
# Preparing 5-year corporate safety plan to be ready in 3 months to identify annual quantifiable targets Rs 6,750 crore allocated for eliminating 3438 level crossings; 970 road-underbridge and road-overbridge to be constructed.
# Plan size raised by 52 per cent to Rs 111,000 crore.
# Regulatory mechanism to be set up for deciding on tariff and disputes: Project worth Rs 2,500 crore using BOT annuity route to be launched.
With inputs from Press Trust of India
