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Indian Rail Budget 2013 Highlights

Indian Rail Budget 2013 Highlights
Indian Rail Budget 2013 
EFT Report, New Delhi: Railway Minister Pawan Kumar Bansal presented the Indian railway budget 2013 in the Lok Sabha on Feb. 26, 2013.

Rail Budget 2013 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

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