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HEMANT PARIKH
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INDIAN RAILWAY BUDGET 2012--2013

From : Hemant Parikh at 08:04 PM - Mar 14, 2012 ( )
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HIGHLIGHTS OF THE RAILWAY BUDGET 2012-13
Focus and Long Term Goals
1. Safety;
2. Consolidation;
3. Decongestion & Capacity Augmentation;
4. Modernisation;
5. Improve Operating Ratio from 95% to 74% in terminal year of 12th Five Year Plan.

Measures proposed

> Setting up of a Railway Safety Authority as a statutory regulatory body asrecommended by Kakodkar Committee;
> Creating Missions as recommended by Pitroda Committee to implementthe modernization programme
> Aligning the Annual Plan investment with five focus areas identified by Kakodkar and Pitroda Committees i.e. (a) Track (b) Bridges (c)Signalling & Telecommunication (d) Rolling Stock and (e) Stations & Freight Terminals.
> New Board Member (Safety/Research) to be inducted.
> Rail-Road Grade Separation Corporation to be set up to eliminate level crossings.
> Plan allocation to priority works so as to reap benefits after completion in a time bound manner
> Three ‘Safety Villages’ to be set up at Bengaluru, Kharagpur and Lucknow for skill development for disaster management;

Resource Mobilization

> Indian Railway Station Development Corporation to be set up to redevelop stations through PPP mode;
> Logistics Corporation to be set up for development & management of existing railway goods sheds and multi-modal logistics parks.
> Private investment schemes for Wagon leasing, Sidings, Private Freight Terminals, Container train operations, Rail connectivity projects (R3i and R2C-i) being made more attractive to PPP partners.
> New Board Member (PPP/Marketing) to be inducted

Metropolitan Projects

> Works announced for Kolkata Metro last year progressing satisfactorily and some projects being extended to cover new sections.
> SPV with Andhra Pradesh Government to be set up for commercial management of the MMTS.
> MRVC to carry out feasibility study for construction of faster corridors 2 on CSTM – Panvel and Virar-Vasai-Diva-Panvel sections.
> Work to be taken up facilitating running of 12-car rakes on Harbour line.
> Financial modeling of the elevated rail corridor from Churchgate to Virar firmed up with Government of Maharashtra through PPP mode.
> A pre-feasibility survey for a similar corridor between CST and Kalyan proposed.
> A National High Speed Rail Authority to be set up.
> Pre-feasibility studies on six high speed corridors already completed; study on Delhi-Jaipur-Ajmer-Jodhpur to be taken up in 2012-13.

Cooperation with State Governments

> MoU signed with Government of Chhatisgarh to develop three rail corridors in state for movement of passenger and freight.
> 31 projects covering a length of more than 5000 km in 10 states being executed with contribution from state governments.
> Four projects on cost sharing basis with Governments of Haryana, Andhra Pradesh & West Bengal proposed.
> 12 projects on cost sharing basis with Government of Karnataka, Andhra Pradesh, Madhya Pradesh, Jharkhand, Rajasthan & Maharashtra sent to
Planning Commission for approval.
> 17 projects to facilitate the first and list mile connectivity proactively sanctioned and another 28 projects identified.

Connectivity to neighbouring countries

> Construction of Jogbani-Biratnagar and Jaynagar-Bijalpura-Bardibas new lines already in progress to provide connectivity to Nepal.
> Project to connect Agartala with Akhaura in Bangladesh to be taken up in 2012-13.

Rail Based Industries

> Rail Wheel Plan at Chhapra produced 78 wheels during 2011-12; the plant would be fully commissioned in 2012-13.
> Rae Bareli coach factory manufactured 10 coaches in 2011-12; phase-II of the factory would be commissioned
in 2012-13.
> Diesel Component Factory at Dankuni has commenced trial production and would be fully commissioned in 2012-13.
> Wagon Manufacturing Factory at Kulti and fiat bogey frame unit at Budge Budge to commence production in 2012-13.
> A wagon factory to be set up at Sitapali (Ganjam District of Odisha).
> A rail coach factory with the support of Government of Kerala to be set 3 up at Palakkad; two additional new manufacturing units for coaches to be established in the Kutch area in Gujarat and at Kolar in Karnataka with active participation of the State Governments.
> A plant for manufacture of traction alternators for high horse power diesel locomotives to be set up at Vidisha in Madhya Pradesh.
> Setting up of a factory at Shyamnagar in West Bengal to manufacture next generation technology propulsion system for use in high power electric locomotives.
> Augmenting the electric loco Ancillaries Unit of CLW at Dankuni for fabrication of locomotive shells and assembly of three phase locomotives for manufacturing of new generation 9000 HP locomotives.
> Sick wagon unit ‘Braithwaite’ taken over by Railways has been conferred with Turn Around Award by the Board of Reconstruction of Public Sector Enterprise.

Green Initiatives

> Setting up of 72 MW capacity windmill plants in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and West Bengal.
> Setting up of 200 remote railway stations as ‘green energy stations’powered entirely by solar energy.
> Providing solar lighting system at 1000 manned level crossing gates.
> Introduction of mobile emission test cars to measure pollution level of diesel locomotives.
> Commissioning of two bio diesel plants at Raipur and Tondiarpet.
> Introduction of a ‘Green Train’ to run through the pristine forests of North Bengal.
> 2500 coaches to be equipped with bio toilets.

Passenger/Rail Users’ Amenities

> Installation of 321 escalators at important stations of which 50 will be commissioned in 2012-13.
> 12 State of art mechanized laundries already set up and 6 more to become functional during 2012-13.
> SMS on passenger mobile phone in case of e-ticket to be accepted as proof of valid reservation.
> Introduction of regional cuisine at affordable rates; launching of Book-a meal scheme to provide multiple choice of meals through SMS or email.
> Setting up of AC Executive lounges at important stations.
> Setting up of new Rail Neer Plants at Palur in Tamil Nadu and Ambernath in Maharashtra.
> Expansion of housekeeping schemes for trains.
> Introduction of Rail Bandhu on-board magazines on Rajdhanis, Shatabdis and Duronto trains.
> Introduction of coin/currency operated ticket vending machines.
> Introduction of Alternate Train Accommodation System to accommodate waitlisted passengers on alternate trains.
> Introduction of model rake with world class interiors.
> Upgradation of 929 stations as Adarsh Stations including 84 stations proposed in 2012-13; 490 stations have been completed so far.
> Construction of multi-functional complexes at 24 locations completed.
> Sale of PRS tickets through 151 post offices.
> Implementation of electronic transmission of RR for freight traffic.
> Introduction of satellite based real time train information system (SIMRAN) to provide train running information to passengers through SMS, internet, etc.
> On board passenger displays indicating next halt station and expected arrival time to be introduced.
> Specially designed coaches for differently-abled persons to be provided in each Mail/Express trains.
> Engaging reputed professional agencies for pantry cars and base kitchens.
> Specialised House-keeping body to be set up for cleanliness of stations and the trains.
> Dedicated Railway Design Centre to be set up in the National Institute of Design, Ahmedabad.

Coaching terminals

> Survey and feasiblity study for new coaching terminals at Nemam, Kottayam, Mau and Dankuni to be taken up.
> Pre-feasibility study for development of Roypuram station in Tamil Nadu for which many representations have been received.
> New coaching complex at Panvel and coach maintenance complex at Kalamboli in partnership with Government of Maharashtra through CIDCO planned.
> New coaching terminal at Naihati, the birth place of Rishi Bankim Chandra Chattopadhyay commemorating him on 175th Birth Anniversary

Annual Plan 2012-13

> Highest ever plan outlay of `60,100 cr.
– Gross Budgetary Support – `24,000 cr

– Railway Safety Fund – `2,000 cr
– Internal Resources – `18,050 cr.
– Market Borrowing – `15,000 cr; PPP – `1,050 cr.
> 725 km new lines, 700 km doubling, 800 km gauge conversion and 1100 km electrification targeted in 2012-13.
> `6,872 cr provided for new lines, `3,393 cr for doubling, `1,950 cr for gauge conversion, `828 cr for electrification.

Financial Performance 2011-12
> Loading target reduced by 23 MT to 970 MT.
> Gross Traffic Receipts fixed at `1,03,917 cr in RE, short by `2,322 cr over Budget Estimates.
> Ordinary Working Expenses fixed at `75,650 cr, an increase of `2,000 cr over Budget Estimates; Pension payments also up by `1,000 cr.
> Current dividend liability to be fully discharged.
> Excess of `1,492 cr as against the budget amount of `5,258 cr.
> A loan of `3,000 cr extended by MoF to meet requirement of safety related works under Development Fund.
> Operating Ratio of 95.0% as compared to 91.1% in Budget Estimates.

Budget Estimates 2012-13

> Freight loading of 1025 MT, 55 MT more than 2011-12.
> Passenger growth – 5.4%.
> Gross Traffic Receipts – `1,32,552 cr i.e. 27.6% increase over RE, 2011-12
> Ordinary Working Expenses – `84,400 cr.
> Appropriation to DRF at `9,500 cr and to Pension Fund at `18,500 cr.
> Dividend payment estimated at `6,676 cr.
> Loan of `3,000 cr taken in 2011-12 to be fully repaid along with interest.
> Operating Ratio estimated at 84.9%.

Security
> Installation of Integrated Security System at all 202 identified stations to be completed in 2012-13.
> Escorting of trains by RPF/GRP extended to 3500 trains.
> Integration of RPF helpline with the All India Passenger Helpline.

Staff Welfare

> Introduction of a wellness programme for railway staff at their work places.
> Ensuring proper rest for skilled and technical staff including the running crew.
> NID to design appropriate outfits for various categories of workforce. Training and Recruitment
> Over 80000 persons recruited in 2011-12;
> Over one lakh persons to be recruited in 2012-13 – backlog of SC/ST/OBC and other categories to be wiped off.

Sports

> 7 Railway sportsperson honored with Arjuna Award and Major Dhyanchand Award in 2011-12.
> 5 Railway sportsperson qualified for Olympics 2012.
> Development of a roadmap for railway sports.
> Institution of ‘Rail Khel Ratna’ Award for 10 rail sports-persons every year.

Concessions
> Value of concession granted to travelers is more than `800 cr per year.
> 50% concession in fare in AC-2, AC-3, Chair Car & Sleeper classes to patients suffering from ‘Aplastic Anaemia’ and ‘Sickle Cell Anaemia’.
> Extending the facility of travel by Rajdhani and Shatabdi trains to Arjuna Awardees.
> Travel distance under ‘Izzat Scheme’ to increase from 100 kms to 150 kms.

Suburban Services

> 75 additional services to run in Mumbai suburban.
> 18 additional services to be run in Chennai area.
> 44 new suburban services to be introduced in Kolkata area.
> 50 new services to be introduced in Kolkata Metro in 2012-13.

Trains
> 75 new Express trains to be introduced.
> 21 new passenger services, 9 DEMU services and 8 MEMU services to be introduced.
> Run of 39 trains to be extended.
> Frequency of 23 trains to be increased.

Tariff Proposals

> Setting up of Railway Tariff Regulatory Authority to be considered;
> Passenger fares increased by 2 paise per km for suburban and ordinary second class; 3 paise per km for mail/express second class; 5 paise perkm for sleeper class; 10 paise per km for AC Chair Car, AC 3 tier and First Class; 15 paise per km for AC 2 tier and 30 paise per km for AC I.
> Fares to be rounded off to the next nearest five rupees.
> Minimum fare and platform tickets to cost `5.
> Fuel Adjustment Component (FAC) in fares contemplated.




In Reply to above Message (1 to 6 out of 6) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |
Debasish Lala
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From : Debasish Lala at 09:53 AM - Mar 15, 2012 ( )




DHIRAJ SINHA
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From : Dhiraj Sinha at 10:50 PM - Mar 14, 2012 ( )

everything on one platform,thanks


Karthikeyan Saravanan
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From : Karthikeyan Saravanan at 08:43 PM - Mar 14, 2012 ( )

Good information


Paresh Ratan Kundu
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From : Paresh Ratan Kundu at 08:16 PM - Mar 14, 2012 ( )

http://t2.gstatic.com/images?q=tbn:ANd9GcQUF8pkhZMPyqABoK3n95Dx0J-sqGt16ZODHj_DLOINIMEtSMf-8A


srinivasan haran
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From : Srinivasan Haran at 08:13 PM - Mar 14, 2012 ( )

Thank you Mr.Hemanth for giving the Gist of Railway Budget.

Will there be any adverse effect on the Bullish Rally.

Srinivasan


DEEP SANJU
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From : Deep Sanju at 08:06 PM - Mar 14, 2012 ( )

Prior to every New Railway budget,there are train accidents.............No Need to introduce new trains..........

First Safety n  then Capacity.....


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