Thursday, 25 February 2016

Railway Budget 2016-17


        Railway Minister Suresh Prabhu presented the Railway Budget 2016-17 in Lok Sabha on Thursday(25-2-2016).
Highlights of Rail Budget are given below:
1) No change in passenger fares.

2) Operating ratio kept at 92% FY17 as against 90% in current year.
3) To generate revenues of order of Rs.1,84,820 cr next year which is a 10.1% higher than revised target of current year.
4) The Capital plan of Rs 1.21 lakh crore.
5) Aimed to generate 10-20% of revenues from non-tariff sources over next 5 years by monetizing assets.
6) Railways will get Rs 40,000 crore budgetary support from the government.

7) Eliminate all unmanned level crossings by 2020.
8) Four new categories of trains introduced:
    a) Uday Express :  double decker express trains with 40% more capacity
    b) Tejas : trains with speed of 130 kmph
    c) Humsafar Express : fully AC 3-tier trains
    d) Antyodaya Express : for long distance unreserved travel on high density corridors and will also add Deen Dayal coaches for long distance trains.
9)   400 railway stations to be equipped with wifi, 100 this year. Online booking of retiring rooms made possible.

10) To introduce 'Clean my Coach' scheme.
11) Toilets cleaning on SMS: Cleaning of toilets by requests through SMS.
12) All major stations to be brought under CCTV surveillance in a phased manner.
13) 17,000 additional bio-toilets in 475 stations to be provided by the end of current fiscal. Porters to not be called ‘coolies’ but ‘sahayaks’ now; will be trained in soft skills.

14) To set up dedicated IVRS system for direct feedback from passengers. Social media being increasingly used to ensure transparency. All-India 24X7 helpline for women.
15) Vision 2020: 

      a) Reserved accommodation for trains being available on demand.
      b) Punctuality increased to 95%.              
      c) Eliminations of all unmanned crossings
      d) Semi-High speed trains for golden quadrilateral
      e) Dedicated freight corridors for North-South, East-West and East Coast
16) Two elevated tracks envisaged from Churchgate and CST on Mumbai's suburban railway system
17)  Sale of tickets to be initiated by hand held devices and platform tickets through vending machines. Refund process to made simpler, bar coded tickets to be introduced
18) 33 % reservation to women in reserved quota in Railways to be introduced.To increase lower berth quota for senior citizens by 50 per cent.
19) IRCTC website to consider e-commerce initiatives because of high number of hits. 2 new loco factories to be set up at cost of Rs 40,000 cr under Make in India initiative.

20)Broad Gauge Lumding-Silchar section in Assam, connecting Barak Valley with rest of country.
21)North-East India, especially Mizoram and Manipur, to be connected through broad gauge soon.
22)Special purpose vehicle for the Ahmedabad-Mumbai high speech corridor registered this month.
23) For the first time in Indian Railways, absolute reductions planned in categories like diesel, electricity.
24) 1,600 km of electrification this year and 2,000 km proposed for the next year.
25) GPS-based digital display in coaches for showing upcoming stations.
26) Children's menu, baby foods, baby boards to be made available for travelling mothers.
27) Deen Dayal coaches for long distance trains for unreserved passengers.
28) IRCTC to manage catering service in phased manner. Local cuisine of choice will be made available to passengers.
29) 8.5 lakh crore to spent over 5 years for modernization of railway infrastructure.
30) All-India 24X7 helpline for women.
31) LIC to fund Rs.1.5 lakh crore over five years on favourable terms.
32) Fully unreserved trains to be operated on high-density corridors.
33) With helpline number 139, the passenger will soon able to do cancellation of ticket.

Share this