Ummid Assistant

Applications open for Manmohan scholarship at Cambridge

Opportunities for Indian students in US

Welcome Guest! You are here: Home » National

No fare hike, eye on travel comfort in India's rail budget

Tuesday February 26, 2013 03:08:53 PM, IANS

Related Article

With focus on safety, Bansal begins presenting 2013 rail budget

Stressing on financial stability, sound economic principles and safety for millions of travellers each day, Railway Minister Pawan Kumar   »

Fare hike, over 100 new trains on cards in 2013 Railway Budget

Train fares hiked across the board after 10 years

I

New Delhi: With no fare hikes, 106 new trains and a host of proposals for travel safety and comfort, such as escalators at key stations, a new e-ticketing system and a swanky coach in select trains, Railway Minister Pawan Kumar Bansal presented his maiden annual budget for his ministry Tuesday.

"The growth of Indian Railways is inextricably linked with the growth of the country," Bansal said in his 80-minute budget speech in Lok Sabha, the lower house of parliament, that clearly bordered on populism with a fair dose of measures on fiscal discipline.

"Railways must remain financially sustainable. Resources generated must be ploughed back," he said in what was the last such annual exercise for the United Progressive Alliance (UPA) government before the next general elections, scheduled in 2014.

But Bansal said there will be no major fare hikes this time, having already revised them last month. He nevertheless proposed minor revisions in some charges, such as those for tatkal and reservations. He also called for a routine 5-6 percent fare hike every year.

On freight, he said, there will be an upward revision of 5-6 percent from April 1 to balance the hike in fuel costs. He said freight and passenger fares must be de-linked from the fuel costs with periodic automatic adjustments.

Bansal said while making all these proposals, he was happy to note that the operating ratio of Indian Railways -- the money spent on recurring costs such as salaries and interest to earn Rs.1 in revenue -- had come down to 88 paise from around 95 paise.

He kept the plan target for 2013-14 at Rs.63,363 crore (Rs.633.63 billion or $11.5 billion)

The minister said railways remained the single most important catalyst in India's growth story and was a vital organisation integrating the nation from Baramulla in the north to Kanyamumari in the south, and from Dwarka in the west to Ledo in the east.

Bansal expressed grief over the loss lives due to the recent stampede at the Allahabad station and said a concrete safety plan would ensure that travel on Indian Railways is hassel free. The minister said safety of women, in particular, will be a priority.

He said the remaining 13,000-odd unmanned level crossings will be mechanised, while 400 lifts and 179 escalators will be deployed in catagory one stations. This apart, coaches will be made wheel-chair friendly and approaches made easy for the differently-abled.

"With the popularity of Shatabdi and Rajdhani trains, high-travel comfort has been high on passenger agenda. For this, one such coach, that will provide excellent ambience and services, will run on select trains. Such coaches will be called 'Anubhuti'," he said.

India's railroad network, ranked among the top five in the world, is spread over 64,000 km with 7,083 stations, to ferry 23 million travellers and 2.65 million tonnes of goods daily on 12,000 passenger and 7,000 freight trains.

Bansal, who represents Chandigarh in the Lok Sabha, said he was well aware about the problems faced by passengers while booking tickets on the internet. Accordingly, he promised a next-generation ticketing system by the end of this year.

The advocate-turned politician also promised a new e-ticketing system through mobile phones, SMS alerts for reservation status and free wi-fi on select trains, apart from setting a target of Rs.1 trillion for projects under public-private partnership.

 

Budget Highlights

No hike in passenger fares

Superfast and Tatkal charges to rise

Annual plan for 2013-14 set at Rs.63,363 crore

Losses up from Rs.22,500 crore in 2011-12 to Rs.24,600 crore in 2012-13

Accidents per million km down from .41 to .13

Raised four companies of women RPF personnel; another eight to be raised for women's safety

67 new Express and 26 new passenger trains to run; 8 DEMU services and 5 MEMU services to be introduced; run of 57 trains to be extended; frequency of 24 trains to increase

22 new rail lines to be taken up in 2013-14

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

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 Financial Management 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 for parents of unmarried posthumous awardees of Maha Vir Chakra, Vir Chakra, Kirti Chakra and Shaurya Chakra

Complementary passes of freedom fighters to be renewed every three years instead of annually

New forged wheel factory at Rae Bareli in collaboration with Rashtriya Ispat Nigam Ltd

Greenfield Mainline Electrical Multiple Units (MEMU) manufacturing facility at Bhilwara along with Rajasthan government and BHEL

Coach making unit at Sonepat in collaboration with Haryana government

Midlife rehabilitation workshop at Kurnool along with Andhra Pradesh government.

Railway energy management company to be set up to harness solar and 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 for 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 trains

Rs.100 crore for improving stations in New Delhi

179 escalators and 400 lifts at A 1 and other select stations

E-ticketing through mobile phones

SMS alerts for passengers on reservation status

Next generation e-ticketing system by end of 2013

Seventeen bridges identified for repair

Smoke and fire detection system envisaged

Fire extinguishers to be kept in guard vans

Making corporate Safety Plan for a 10 year period (2014-24)

Introduction of Train Protection Warning System on Automatic Signalling Systems

Rigorous trials of indigenously developed Train Collision Avoidance System

Introduction of 160/200 kmph Self Propelled Accident Relief Trains

Elimination of 10,797 level crossings during the 12th Plan and no addition of such crossings

Six more Rail Neer bottling plants to be set up








 

 





 

Home | Top of the Page

Comments

Note: By posting your comments here you agree to the terms and conditions of www.ummid.com

Comments powered by DISQUS

i

More Headlines

100,000 Bangladeshis seek death penalty for war crimes

Akhilesh undertakes biggest reshuffle of bureaucracy

India beat Australia by eight wickets in first Test

Rajat Gupta ordered to pay Goldman Sachs $6.2 mn

Apophis asteroid may strike Earth in 2068

Hyderabad Blasts: A lawyer's questionnaire to police chief

32 of every 1,000 Goa men won't get wife in 15 years

Hope budget will have something concrete for us: Kashmir Inc.

Mali crisis disrupts education of 700,000 children: UNICEF

Turkey won’t remain silent over Syria crimes: Erdogan

Film 'ridiculing' Mamata denied clearance, director cries foul

 

Top Stories

With focus on safety, Bansal begins presenting 2013 rail budget

Stressing on financial stability, sound economic principles and safety for millions of travellers each day, Railway Minister Pawan Kumar   »

Fare hike, over 100 new trains on cards in 2013 Railway Budget

Train fares hiked across the board after 10 years

 

  Most Read

Hyderabad Blasts: A lawyer's questionnaire to police chief

For, scanning news reports I see that over a week, EVERY name of an alleged suspect is a Muslim name. Even names of alleged organisations allegedly linked with the blasts, are Muslim  »

SC declines to hear plea by Sahara Group companies

In a setback to Sahara Groups's two real estate companies, the Supreme Court Monday declined to entertain their plea to be allowed more time to deposit investors' money with market regulator Securities Exchange Board of India (SEBI) and file documents. "You have not complied with it  »

 

  News Pick

Turkey won’t remain silent over Syria crimes: Erdogan

Turkish Prime Minister Recep Tayyip Erdogan yesterday vowed his country will not remain silent over Syrian President Bashar Al-Assad’s “crimes”, as Washington condemned  »

Mali crisis disrupts education of 700,000 children: UNICEF

"The crisis in Mali has disrupted the education of some 700,000 Malian children, leaving 200,000 still with no access to school both in the north and south of the country, according to UNICEF and educational authorities  »

India urged to turn its gaze on the Maghreb

The Maghreb should be the "new target" of Indian diplomacy and it should be the "logical location for Indian companies to diversify and expand," said Mohammed Hacene Echarif, Algeria's ambassador to India, voicing the  »

IAF ex-chief Tyagi, 10 others named by CBI in chopper case

Based on the material its team got from Italy, the CBI Monday registered a preliminary enquiry against 11 people, including former Indian Air Force chief S.P. Tyagi, and four companies in the $750 million/Rs.3,600-crore deal for purchase of 12 VVIP helicopters from AgustaWestland.  »

Chopper deal: India warns Italian firm of blacklisting

The curious case of Chandigarh firms in VVIP chopper deal

 

Picture of the Day

Paratroopers in formation of Akashganga during the Indian Air Force Fire Power demonstration Exercise 'Iron Fist 2013' at Pokharan, Jaisalmer, Rajasthan on February 22, 2013.

 

Recommend the story to your friends

 

 
 
 
 
 
 
 
 

RSS  |  Contact us

 

| Quick links

News

 

Subscribe to

Ummid Assistant

 

National

Science & Technology

RSS

Scholarships

About us

International

Health

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Education

Register

Politics

Opinion

Newsletter

Contact us

Business

The Funny Side

Education & Career

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2012 Awaz Multimedia & Publications. All rights reserved.