Tuesday, 26 February 2013

Indian railway budget

67 new Express trains to be introduced; 27 new passenger trains; run of 58 trains to be extended
New debt service fund to be set up
Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan
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
No increase in passenger fares
Rs. 6,600 crore increase in earnings from fare adjustment in January
Rs.63,000 crore investment in 2013-14
1,047 million tonnes freight loading estimated during 2013-14
Passenger earnings of Rs 42,000 crore estimated in 2013-14
Indian Railways Institute of FinancialManagement to be set up at Secunderabad
Chair at Delhi to promote research in reducing carbon footprint
Winners of Rajiv Gandhi Khel Ratna and Dhyan Chand awards to get free first class passes
Complementary first class passes forparents of unmarried posthumous awardees of Maha Vir Chakra, Vir Chakra, Kirti Chakraand Shaurya Chakra
Complementary passes of freedom fighters to be renewed every three years instead of annually
New wheel factory to be set up at Rae Bareli
Greenfiled EMU manufacturing facility at Bhilwara
Railway energy management company to be set up to harness solarand wind energy
1,000 crossings to be energised by solar power
1.51 lakh vacancies to be filled up
Locomotive cabs to be air-conditioned
Azadi Express to be introduced to travel to places associated with
freedom struggle
India in 1 billion tonne freight club
By end of 2013-14, 1,500 km of contracts to be awarded for two dedicated rail corridors
Rs.1 lakh crore target set for public-private- ­partnership route
Free Wi-Fi to be provided on some trainsFall in accidents - per million accidents

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