Railway Minister Mallikarjun Kharge along with Ministers of State K. J. Surya Prakash Reddy and Adhir Ranjan Chowdhury ahead of the presentation of the interim Railway Budget on Wednesay Feb 12,2014
This is the last Rail Budget for the UPA 2 before the Lok Sabha elections and the past five years have been a turbulent phase
In the past five years, the Rail Bhawan saw six new ministers. For the first time in 17 years, the portfolio went to the Congress
The Budget Estimates for goods, passenger, other coaching and sundry other earnings have been kept at Rs 1,05,770 crore, Rs 45,255 crore, Rs 4,200 crore and Rs 5,500 crore, respectively, in 2014-15
According to the budget document, the Annual Plan for 2014-15 envisages investments of Rs. 64,305 crore. The Budget Estimate for 2013-14 was Rs. 63,363 crore and the Revised Estimate was Rs. 59,359 crore.
Budgetary support from general revenue has been proposed at Rs. 30,223 crore
In the current financial year 2014-15, earnings from freight and passenger services are estimated at Rs 1,31,500 crore
Ordinary working expenses have been proposed at Rs. 1,10,649 crore in 2014-15, which is Rs. 13,589 crore higher than the revised estimate for the current year.
Pension outgo, it said, has been budgeted at Rs. 27,000 crore as against the revised 2013-14 estimate of Rs. 24,000 crore
Total working expenses are budgeted at Rs. 1,44,199 crore compared with Rs. 1,27,260 crore in revised estimate for 2013-14
"This will leave a net revenue before dividend of Rs. 19,655 crore, and operating ratio of 89.8 per cent. Dividend payable to General Revenues is estimated at Rs. 9,117 crore
Ordinary working expenses have been proposed at Rs. 1,10,649 crore in 2014-15, which is Rs. 13,589 crore higher than the revised estimate for the current year.
Pension outgo, it said, has been budgeted at Rs. 27,000 crore as against the revised 2013-14 estimate of Rs. 24,000 crore
Total working expenses are budgeted at Rs. 1,44,199 crore compared with Rs. 1,27,260 crore in revised estimate for 2013-14
"This will leave a net revenue before dividend of Rs. 19,655 crore, and operating ratio of 89.8 per cent. Dividend payable to General Revenues is estimated at Rs. 9,117 crore
It is estimated that at the end of 2014-15, the balance under the Railway Funds will be Rs. 12,728 crore as against Rs. 8,018 crore in the revised estimate for 2013-14
No increase in passenger fares and freight rates has been proposed in the Interim Rail Budget for 2014-15
Annual Rail Plan envisaged at Rs. 64,305 crore with a budgetary support of Rs. 30,223 crore
Railway Minister Mallikarjun Kharge had to cut his Rail Budget speech short due to continuous protests by Seemandhra MPs against the bifurcation of Andhra Pradesh.
Rail Budget 2014 Highlights
17 Premium Trains Announced
i Howrah - Pune AC Express (Bi-weekly) via Nagpur, Manmad
ii. Kamakhya - New Delhi AC Express (Weekly) via Chhapra, Varanasi
iii. Kamakhya - Chennai AC Express (Weekly) via Malda, Howrah
iv. Mumbai - Howrah AC Express (Bi-weekly) via Nagpur, Raipur
v. Mumbai - Patna AC Express (Bi-weekly) via Khandwa, Itarsi, Manikpur
vi. Nizamuddin - Madgaon AC Express (Bi-weekly) via Kota, Vasai Road
vii. Sealdah -Jodhpur AC Express (Bi-weekly) via Mughalsarai
viii. Yesvantpur - Jaipur AC Express (Weekly) via Gulbarga, Pune, Vasai Road
ix. Ahmedabad - Delhi Sarai Rohilla Express (Tri-weekly) via Palanpur, Ajmer, Rewari
x. Bandra - Amritsar Express (Weekly) Via Kota, New Delhi, Ambala
xi. Bandra (T) - Katra Express (Weekly) via Kota, New Delhi, Ambala
xii. Gorakhpur - New Delhi Express (Bi-weekly) via Lucknow, Moradabad
xiii. Katra - Howrah Express (Weekly) Express via Mughalsarai, Varanasi, Saharanpur
xiv. Mumbai - Gorakhpur Express ( Bi-weekly) via Khandwa, Jhansi, Kanpur
xv. Patna- Bangalore Express (Weekly) via Mughalsarai, Chheoki, Manikpur, Nagpur
xvi. Yesvantpur - Katra Express (Weekly) via Gulbarga, Kacheguda, Nagpur, New Delhi
xvii. Thiruvananthpuram - Bangalore (Yesvantpur) Express (Bi- weekly) via Erode, Tirupattur
38 Express Trains Announced
i. Ahmedabad - Katra Express (Weekly) via Palanpur, Jaipur, Rewari, Hisar, Bathinda, Amritsar
ii. Ahmedabad - Lucknow Jn Express (Weekly) via Palanpur, Jaipur, Bandikui, Mathura, Kasganj
iii. Ahmedabad - Allahabad Express (Weekly) via Jalgaon, Khandwa, Itarsi, Satna, Manikpur
iv. Amritsar - Gorakhpur Express (Weekly) via Saharanpur, Moradabad, Sitapur Cantt.
v. Aurangabad - Renigunta Express (Weekly) via Parbhani, Bidar, Vikarabad
vi. Bangalore - Chennai Express (Daily) via Bangarpet, Jolarpettai
vii. Bandra (T) - Lucknow Jn Express (Weekly) via Kota, Mathura, Kasganj
viii. Bareilly - Bhopal Express (Weekly) via Chandausi, Aligarh, Tundla, Agra
ix. Bhavnagar - Bandra Express (Weekly) via Ahmedabad
x. Bhavnagar- Delhi Sarai Rohilla Link Express (Weekly)
xi. Gandhidham - Puri Express (Weekly)
xii. Gorakhpur - Pune Express (Weekly) via Lucknow, Kanpur, Bina, Manmad
xiii. Guntur-Kacheguda Double Decker Express (Bi-weekly);
xiv. Howrah - Yeswantpur AC Express (Weekly)via Bhubaneswar, Gudur, Katpadi
xv. Hubli - Mumbai Express (weekly) via Bijapur, Sholapur
xvi. Hyderabad - Gulbarga Intercity (Daily)
xvii. Jaipur - Chandigarh Intercity (Daily) via Jhajjar;
xviii. Kacheguda - Tirupati Double Decker Express (Bi Weekly);
xix. Kota - Jammu Tawi Express (Weekly) via New Delhi, Ambala
xx. Kanpur - Bandra (T) Express (Weekly) via Kasganj, Mathura, Kota
xxi. Lucknow - Kathgodam Express (Tri-weekly)
xxii. Manduadih - Jabalpur Express (Weekly) via Allahabad, Manikpur, Satna
xxiii. Malda Town - Anand Vihar Express (Weekly) via Amethi & Rae Bareli;
xxiv. Mannargudi - Jodhpur Express (Weekly) via, Jaipur
xxv. Mumbai - Chennai Express (Weekly) via Pune, Gulbarga, Wadi
xxvi. Mumbai - Gorakhpur Express (Weekly) via Gonda, Balrampur, Barhani (after gauge conversion);
xxvii. Mumbai - Karmali AC Express (Weekly) via Roha
xxviii. Nanded - Aurangabad Express (Weekly) via Purna, Parbhani
xxix. Nagpur - Rewa Express (Weekly) via Satna
xxx. Nagercoil - Kacheguda Express (Weekly) via Karur, Namakkal, Salem
xxxi. Pune - Lucknow Express (Weekly) via Khandwa, Bhopal, Bina, Jhansi, Kanpur
xxxii. Ramnagar - Chandigarh Express (Weekly) via Moradabad, Saharanpur
xxxiii. Ranchi - New Jalpaiguri Express (Weekly) via Jhajha, Katihar
xxxiv. Secunderabad - Visakhapatnam AC Express (Weekly) via Kazipeth, Vijaywada
xxxv. Santragachi - Anandvihar Express (Weekly)
xxxvi. Srigangnagar - Jammu Tawi Express (Weekly) via Abohar, Bathinda, Dhuri
xxxvii. Thiruvananathapuram-Nizamuddin Express(Bi-weekly)1day via Kottayam and 1day via Allepey
xxxviii.Varanasi - Mysore Express (Bi-weekly) via Wadi, Daund
10 passenger trains announced
i. Bina - Katni Passenger (Daily)
ii. Dekargaon - Naharlagun Passenger (Daily) after completion of new line
iii. Gunupur - Visakhapatnam Passenger (Daily)
iv. Hubli - Belgaum Fast Passenger (Daily)
v. Jaipur - Phulera Passenger (Daily)
vi. Mannargudi - Mayiladuthurai Passenger (Daily)
vii. Punalur - Kanniyakumari Passenger (Daily) via Kollam, Thiruvananthapuram
viii. Sambalpur - Bhawanipatna Passenger (Daily)
ix. Tatanagar - Chakulia Passenger (Daily)
x. Tiruchendur - Tirunelveli Passenger (Daily)
4 MEMU Trains Announced and
i. Anand - Dakor (Daily 2 services)
ii. Anuppur-Ambikapur (6 days a week)
iii. Delhi - Rohtak Passenger (Daily 2 services)
iv. Santragachi - Jhargram (5 days a week)
3 DEMU Trains Announced
i. Morbi - Maliya Miyana
ii. Ratlam - Fatehabad Chandrawati Ganj (Daily) after gauge conversion
iii. Rewari - Rohtak (Daily)
Extension of Trains
i. 14705/14706 Delhi Sarai Rohilla - Sujangarh Express to Jodhpur
ii. 15281/15282 Patna - Saharsa Express to Murliganj
iii. 15013 / 15014 Kathgodam - Bhagat Ki Kothi Ranikhet Express to Jaisalmer
Increase in Frequency
i. 16571/16572 Bidar - Yesvantpur Express 3 days to daily
ii. 17225/17226 Hubli - Vijayawada Express from 3 days to daily
iii. 17319/17320 Hubli - Secunderabad Express from 3 days to daily
Proposal for passenger train up to Katra in Jammu
Dedicated Eastern and Western freight corridors
Railway service to be extended for the benefit of Vaishnodevi pilgrims
Meghalaya set to come on rail map as part of extension of network in the Northeastern States
Premium AC Special train in Delhi-Mumbai sector with shorter advance reservation period and dynamically varying premium over tatkal fare
Railways meet from own resources total additional impact of Rs one lakh crore because of 6th Pay Commission
Independent Rail Tariff Authority set up to advise on fixing of fares and freight, to engage all stakeholders
FDI being enabled to foster creation of world-class rail infrastructure; several PPP projects in pipeline
Rail infrastructure by cost sharing with governments of Karnataka, Jharkhand, Andhra Pradesh and Haryana
Rail Land Development Authority has raised Rs. 937 crore so far
Operating ratio likely to be 90.8 per cent; Railways will end current year with surplus
Electrification of 4,556 km railway line completed against a target of 4,500 km
Target of doubling gauge was also surpassed: 2,227 km was completed against a target of 2,000 km
Railways to encourage transportation of milk
Steps to reduce running of empty freight carriages
Bio-toilet facility to be provided in more trains
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