Railway Budget 2014-15 : Rail Budget Seeks Course Correction, Avoids Populism
- Rail Budget Seeks Course Correction, Avoids Populism
- No Increase in Rail Fare
- Stress on Resource Mobilization Through PSU Surplus, FDI and PPP
- Bullet Train on Ahmedabad-Mumbai Corridor Proposed, Speed of Trains to be Increased in Nine Sectors
- More Thrust on Passenger Amenities, Cleanliness & Efficient Station Management
- Multi Pronged Approach for Improving Safety & Security, 4000 Women RPF Constables to be Recruited
- Revamping Railway Reservation System into Next Generation
e-Ticketing, WI-FI Services in Major Stations & in Select Trains,
Mobile based Wakeup Calls for Passengers
- 58 New Trains Introduced; 11 Existing Trains Extended
- Railway University and Innovation Incubation Centre to be Set UP
- Top Priority to Transparency, e-procurement to be made
- Compulsory in Higher Purchase, Online Registration for Wagons in Next Two Months
- Highest Ever Plan Outlay of Rs. 65,445 Crore with Higher Allocation for Safety Measures
Increased passenger amenities, more safety measures, timely
completion of projects and increased financial discipline are the main
highlights of the Railway Budget 2014-15 presented by the Minister of
Railways Shri D. V. Sadananda Gowda in Parliament today.
The Budget seeks course correction in the light of mismanagement,
apathy, populism in starting projects and severe fund crunch that have
inflicted the railways over the years, the Minister averred. For this,
structural reforms will be introduced and resources will be mobilized
through PSU surplus, FDI and PPP.
The Budget proposes multi-pronged approach to make Railway journey
safe and secure and comfortable for passengers. More thrust has been
placed on passenger amenities, cleanliness and efficient station
management. Now all major stations will have foot-over bridges,
escalators, lifts etc.
On safety and security, the Budget has proposed introduction of
advance technology for rail-flaw detection to check causes of accidents,
a significant amount has been kept for road-over and road-under bridges
and a pilot project will be launched on automatic door closing in
mainline and sub-urban coaches. In order to make women safer while
travelling, the Railway will recruit 4000 women constables. Coaches for
ladies will be escorted.
IT initiatives get a big boost in the Budget. Revamping Railway
Reservation System into Next Generation e-Ticketing will be taken up
with provision of platform tickets and unreserved tickets also over
internet. The Railway has proposed real-time tracking of trains and
rolling stocks, mobile based Wakeup Call System for passengers, mobile
based destination arrival alert and Wi-fi Services in A-1 and A category
stations and in select trains. Indian Railways has also planned
paperless offices in 5 years.
In order to make Railway management more efficient, Budget has
proposed setting up of Railway University for training in both technical
and non-technical subjects besides establishing Innovations and
Incubation Centre to harness the ideas generated from staff.
In a bid to modernise Indian Railway network, Bullet train has been
proposed on Mumbai-Ahmadabad sector besides increasing speed of trains
to 160-200 kmph in select 9 sectors. The Railway has also planned
setting up of Diamond Quadrilateral Network of High Speed Rail
connecting major metros and growth centers of the country. Identified
stations will be developed to international standards with modern
facilities on lines of newly developed airports through PPP mode.
Railway has also proposed harnessing solar energy by utilizing roof top
spaces of stations, railway buildings and land.
To augment resources of Railways, the Budget has proposed schemes to
facilitate procurement of parcel vans and rakes by private parties,
special milk tanker trains, increased movement of fruits and vegetables
in partnership with Warehousing Corporation and setting up Private
Freight Terminals on PPP model.
The Railway has proposed to bring in more transparency in
administration and execution of projects. The status of ongoing projects
will be available online, E-procurement will be made compulsory for
procurement of higher amount and online registration of demands for
wagons will be introduced within next two months.
The Budget has passenger centric focus on suburban and metropolitan
rail services. 864 additional state-of-the-art EMUs will be introduced
in Mumbai in two years. Study to explore possibility of enhancing
existing railway network for better connectivity needs of Bangaluru will
be taken up.
The Railway Budget 2014-15 has proposed 58 new trains besides
extending 11 existing trains. Provision has been made for 28 surveys for
new lines and doubling or gauge conversion of lines. Higher funds have
been proposed for ongoing projects in Northeast and remote areas.
Special packaged trains on identified pilgrim circuits, two tourist
trains and a special train featuring life and work of Swami Vivekananda
has been proposed in the Budget.
According to the Budget estimates, the Railways will earn
1,64,374 crore through various resources and will spend
1,49,176 crore during 2014-15. The operating ratio is expected to be 92.5% which is 1% better than that in 2013-14.
Source: PIB
