Highlights of Railway Budget 2015

      • No increase in passenger fares
      • No new trains announced
      • Tickets can be booked 120 days in advance instead of 60 days to tackle tout menace
      • Outlay for passenger amenities increased by 67%
      • Plan expenditure to go up to a record Rs 1.1 lakh crore in 2015-16 from Rs 66,000 crore in the previous year
      • Will introduce train sets saving 20% of journey time, similar to bullet trains in design, and that can run on existing tracks
      • The speed passenger trains across nine corridors will be increased to 160-200 km from 110 km

      • SMS alert to be introduced for train timings
      • To introduce air-conditioned coaches for suburban trains
      • Wi-fi to be available at 400 railway stations
      • To revamp station redevelopment policy completely
      • To have bidding system for redevelopment of stations
      • To develop 10 satellite railway stations this year
      • 800 km of gauge conversion will be commissioned
      • E-catering introduced in 108 trains, can order on IRCTC website
      • To expand water vending machines on more stations
      • On-board entertainment facility could be extended on Shatabdi trains
      • Mobile charging stations will be introduced general class coaches
      • More general class coaches will be added to select trains for benefit of the common man
      • Railways plans to spend over Rs 8 lakh crore over five years
      • Pension funds, multi-lateral banks have evinced interest in Railways
      • Proposed the best operating ratio in nine years, of 88.5 per cent for 2015-16
      • Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh km
      • Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015
      • Wagon-making scheme to be reviewed to make it easier for private investment
      • To improve cleanliness & design of bed linen
      • All India 24×7 grievances helpline 138 to start soon
      • 7,000 more toilets to be replaced by Bio-Toilets, New toilets at 650 stations, moreĀ  vaccum toilets
      • Passenger travelling unreservedĀ  can procure a ticket within 5 minutes
      • Mobile application to address complaints of people is also being developed
      • Introduction of integrated ticketing will be done
      • Hand-held devices for ticket checkers for moving towards paperless ticketing
      • Centrally managed railway display network in over 2000 stations in next 2 years
      • Railways will play a big role in socio-economic development of the country
      • Railways carry a big burden of expectations
      • Investments in railways will have multiplier effect
      • Railways facilities have not improved significantly over last few years
      • The cycle of under-investment should end
      • Railways has to regain in share in freight traffic
      • Railways aims to deliver a sustainable improvement in customer experience and make rail a safer means of travel
      • Objective is to make Railways self-sustainable
      • Rail-cum-road ticket to be extended to many stations
      • We are committed to provide rail connectivity to North Eastern states
      • Transport Logistic Corporation of India to be set up to aid expanding freight handling capacity and provide end-to-end logistic solutions
      • PPP model will help to augment resources and generate more employment
      • 6608 kms of track to be electrified
      • Projects worth Rs 96,182 crore to expand capacity of 9,420 km rail lines
      • CCTVs to be introduced in select trains and suburban trains for women safety
      • Train Protection Warning System, Train Collision Avoidance System
      • Projects for rail connectivity to many ports and mines
      • To monetise assets rather than sell them
      • To set up full-fledged Railway University in FY16
      • Rs.2000 crore for Coastal Connectivity Program; Rs.2500 crore through BOT/Annuity route
      • Drawing up comprehensive policy to tap latent advertising potential
      • Online application for all recruitment process
      • To impart soft skills to our staff we intend to impart regular training
      • 917 safety work projects to eliminate over 3,000 unmanned crossings in all states
      • PPP cell to be revamped to make it result oriented
      • Railways can’t function as business as usual mode
      • To set up infra fund, JV with IRFC for long-term funding

This is highlights as per our understanding for details and reliance please refer original speech or gazette.

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