8 July 2014

Bullet Train, High Speed Trains and FDI in Gowda Rail Budget 2014-15

Union Railway Minister Sadanand Gowda on 8th July presented  the new government's first Rail Budget 2014-15 in Lok Sabha . He has announced 58 new trains, among 6 AC trains, 5 Premium trains, 27 Express trains and 8 Passenger trains, 2MEMU trains & 5 DEMUs. Sparing passengers of any further fare hike, Railway Budget for 2014-15 proposes to attract private domestic and FDI in infrastructure projects and pursuing private-public partnership to boost the finances of the cash-strapped railways.



Here are the highlights:
* Indian railways to become the largest freight carrier in the world.

* Social obligation of Railways in 2013-14 was Rs 20,000 crore.

* Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent.

* Focus in past has been on sanctioning projects rather than completing them, Railway minister says.

* Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years.
* Fare revision will bring in Rs.8,000 crore; need another Rs.9,000 crore for golden quadrilateral project.
* Railways also proposes to set up Food Courts at major stations.
* Need to explore alternative sources of resource mobilisation and not depend on fare hike alone, Railway minister says.

* Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa.

* With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australia's population.

* Separate housekeeping wing at 50 major stations.

* CCTV to monitor cleanliness activities.

* Mechanized laundry will be introduced.

* Dedicated freight corridor on Eastern and Western corridors.

* 5400 unmanned level crossing removed.

* Tourist trains to be introduced to link all major places of tourist interests across the country.

* 4,000 women constables to be recruited to ensure safety of women. 17,000 RPF constables to provide safety to passengers.

* Setting up of Railway University for technical and non-technical study.

* Ultrasonic system to detect problem in track.

* Proposal to start Bullet trains on Mumbai—Ahmedabad route. Speed of important trains will be also raised.

* Diamond Quadrilateral project of high speed trains to connect all major metros.


* 
E-ticketing system to be improved. Future e-ticketing to support 7200 tickets per minute & to allow 120,000 simultaneous users.
* ​Wifi in A1 and A category stations and in select trains. Internet-based platform and unreserved tickets.

* GIS mapping and digitization of Railway Land. Extension of logistics support to various e-Commerce Companies.

* ​Bulk of future projects will be financed through PPP mode.

* Facilitate transport of milk through rail. Special milk transportation trains in association with Amul and National Dairy Association Board.

* One ticket to reach from Delhi to Srinagar. Uddhampur to Banihal by bus and Banihal to Srinagar by train.

* Mumbai local to get 860 new, state-of-the art coaches. 64 new EMUs to be introduced.

* 
Train connectivity to Char Dham.

* ​Paperless office of Indian railways in 5 years. Digital reservation charts at stations.

* ​ Ready-to-eat meals to be introduced in phased manners.

* 27 Express trains to be introduced.

* 5 Jansadharan , 5 Premium AC trains to be introduced.