8 July 2014

Rail Budget 2014

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

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