2014 Railway Budget Tuesday July 08,2014

Railway Minister Sadananda Gowda, presenting the Narendra Modi government's first Rail Budget today, promised to seek increased foreign and domestic private investment to fund modernization of the Indian Railways

Sparing passengers of any further fare hike, Railway Budget for 2014-15 proposes to attract private domestic and FDI in infrastructure projects and pursuing private-public partnership to boost the finances of the cash-strapped railways

For the first time on Tuesday July 08,2014, the Ministry of Railways will give live updates of Rail Budget on social media platforms such as Twitter, Facebook and YouTube and also operate a dedicated phone line, where people can dial and hear live Budget proceedings
People can connect to budget proceedings by logging on to www.twitter.com/RailMinindia or www.facebook.com/RailMinindia or www.youtube.com/user/RailMinindia listen live on 022-4501-5555 to catch the Railway Budget 2014 live  

                    Union Railway Minister D V Sadananda Gowda and MOS Manoj Sinha

Presenting the Railway Budget 2014- 15 in Parliament, Gowda stated that he needs more than Rs 9 lakh crore to complete the Golden Quadrilateral Network and Rs 60,000 crore to introduce one bullet train alone. 

Gowda announced plans to introduce a bullet train in Mumbai-Ahmedabad sector, and set up of a Diamond Quadrilateral network of high speed rail connecting major metros.

A sum of Rs 100 crore has been provided to kick-start the project.

Increasing the speed of trains to 160 to 200 km per hour on nine select sectors was another highlight of the Budget, which proposes to allow all experimental stoppages to lapse after September.

Gowda also announced a 40 per cent increase in Budget allocation for cleanliness in the current year, as the railways have come in for criticism over basic hygiene.

Highlights of Railway Budget FY 2014-15

1. Receipts in 2014-15 estimated at Rs.164,374 crore, expenditure at Rs.149,176 crore
2. Fare revision will bring in Rs.8,000 crore; need another Rs.9,000 crore for the diamond quadrilateral project
3. Receipts in 2013-14 were Rs.139,550 crore; expenditure was Rs.130,321 crore
4. Spent 94 paise of every rupee earned, leaving a surplus of only 6 paise
5. Twenty three railway projects underway in the northeast; Rs.5,116 crore allocated for this in 2014-15 – a jump of 54 percent from the previous fiscal
6. Diamond quadrilateral to be launched for high-speed trains; Rs.100 crore allocated for taking project forward
7. First bullet train to run on Mumbai-Ahmedabd route
8. Trains on select routes to be speeded up to 160-200 km per hour
9. Ticketing to be further modernised to issue 7,200 tickets per minute
10. Dedicated freight corridor projects to be closely monitored
11. Social service obligations of the railways rose from 9.4 percent of gross traffic receipts in 2000-01 to 16.6 percent in 2010-11; in 2012-13 these stood at Rs 20,000 crore.
12. Would require Rs.5 lakh crores in 10 years for ongoing projects
13. In the past, focus was on sanctioning projects rather than completing them; in the past 30 years, 676 projects worth Rs.157,883 crore sanctioned, of which 317 completed and 359 incomplete and would require Rs.182,000 crore
14. It is estimated that over Rs.40,000 crore would be needed for track renewal, elimination of unmanned railway crossings and for road-under and road-over bridges.
15. To strengthen security in trains and at stations, 17,000 RPF constables have been recruited; 4,000 women constables to also be recruited. RPF teams in trains to be provided mobile phones.
16. Railways to interact with industry to attract investment in PPP mode through BOT and Annuity route; 8-10 capacity augmentation projects on congested routes to be identified for this
17. Port connectivity taken up on priority in PPP mode
18. Fifty eight new trains, among them five Jan Sadharan trains, five premium trains and six AC express trains to be introduced; run of 11 trains to be extended
19. Special festival trains to continue
20. Banihal-Katra link in Jammu and Kashmir to be taken up; in the interim, a bus system has been introduced to enable travel to Srinagar on a single ticket
21. Wi-Fi at select stations and on some trains
22. Paperless railway offices in five years
23. Indian Railways hold vast land assets which need to be digitised and GIS mapped for better management and usage; resource mobilisation using land assets will be explored through PPP mode
24. Innovation Incubation Centre to be set up
25. Pre-cooked ready-to-eat meals to be introduced
26. Food courts to be set up at major stations to provide regional flavour; pilot project on New Delhi-Amritsar and New Delhi-Jammu Tawi routes
27. 40% increase in expenditure on cleanliness; CCTVs to monitor cleanliness at stations; cleaning activities at 50 major stations to be outsourced to professional agencies; separate housekeeping wing to be set up; onboard housekeeping services on 400 trains appreciated
28. Special train on teachings of Swami Vivekananda
29. Railways backbone of supply chain of defence establishment
30. Carry one billion tonnes of freight every year; target to become largest freight carrier in the world
31. Decline in traffic growth in 2013-14
32. With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australia’s population
33. Open mind to correct shortcomings

 

Railways Minister Sadananda Gowda has announced 58 new trains while 11 existing trains will be extended.

The 58 new trains includes -

• five Jansadharan Trains
• five Premium Trains
• six AC Express Trains
• 27 Express Trains
• eight Passenger Trains
• two MEMU services and
•  five DEMU services 

The full list of new trains

 

Jansadharan Trains
i) Ahmedabad-Darbhanga Jansadharan Express via Surat
Ii Jaynagar-Mumbai Jansadharan Express
ii) Mumbai-Gorakhpur Jansadharan Express
iv) Saharasa-Anand Vihar Jansadharan Express via Motihari
v) Saharasa-Amritsar Jansadharan Express
Premium Trains
i) Mumbai Central-New Delhi Premium AC Express
ii) Shalimar-Chennai Premium AC Express
iii) Secunderabad-­ Hazrat Nizamuddin Premium AC Express
iv) Jaipur-Madurai Premium Express
v) Kamakhya-Bengaluru Premium Express
AC Express Trains
i) Vijayawada-­NewDelhi AP Express(Daily)
ii) Lokmanya Tilak(T)-Lucknow(Weekly)
iii) Nagpur-Pune(Weekly)
iv) Nagpur-Amritsar(Weekly)
v) Naharlagun-New Delhi(Weekly)
vi) Nizamuddin-Pune(Weekly)
Express Trains
i) Ahmedabad-Patna Express(Weekly)via Varanasi
ii) Ahmedabad­ Chennai Express(Bi­weekly)via Vasai Road
iii) Bengaluru -Mangalore Express(Daily)
iv) Bengaluru -Shimoga Express(Bi­weekly)
v) Bandra(T)-Jaipur Express(Weekly)Via Nagda,Kota
vi) Bidar-Mumbai Express(Weekly)
vii) Chhapra-Lucknow Express (Tri­ weekly)via Ballia, Ghazipur, Varanasi
viii) Ferozpur-Chandigarh Express(6 days a week)
ix) Guwahati-Naharlagun Intercity Express(Daily)
x) Guwahati-Murkongselek Intercity Express(Daily)
xi) Gorakhpur-Anand Vihar Express(Weekly)
xii) Hapa-Bilaspur Express(Weekly)via Nagpur
xiii) Hazur Saheb Nanded-Bikaner Express(Weekly)
xiv) Indore-Jammu Tawi Express(Weekly)
xv) Kamakhya-Katra Express(Weekly)via Darbhanga
xvi) Kanpur-Jammu Tawi Express(Bi­weekly)
xvii) Lokmanya Tilak(T)-Azamgarh Express(Weekly)
xviii) Mumbai_Kazipeth Express(Weekly)via Balharshah
xix) Mumbai-Palitana Express(Weekly)
xx) New Delhi ­Bhatinda Shatabdi Express(Bi­weekly)
xxi) New Delhi-Varanasi Express(Daily)
xxii) Paradeep-Howrah Express(Weekly)
xxiii) Paradeep-Visakhapatnam Express(Weekly)
xxiv) Rajkot-Rewa Express(Weekly)
xxv) Ramnagar-Agra Express(Weekly)
xxvi) Tatanagar Baiyyappanahali (Bengaluru) Express(Weekly)
xxvii) Visakhapatnam-Chennai Express(Weekly)
Passenger Trains
i) Bikaner-Rewari Passenger(Daily)
ii) Dharwad-Dandeli Passenger(Daily)via Alnavar
iii) Gorakhpur-Nautanwa Passenger(Daily)
iv) Guwahati-Mendipathar Passenger(Daily)
v) Hatia-Rourkela Passenger
vi) Byndoor-Kasaragod Passenger(Daily)
vii) Rangapara North-Rangiya Passenger(Daily)
viii) Yesvantpur-Tumkur Passenger(Daily)
MEMU services
i) Bengaluru -Ramanagaram 6 days a week(3Pairs)
ii) Palwal-Delhi-Aligarh
DEMU services
i) Bengaluru -Neelmangala (Daily)
ii) Chhapra-Manduadih (6days a week)via Ballia
iii) Baramula-Banihal (Daily)
iv) Sambalpur-Rourkela (6 days a week)
v) Yesvantpur ­Hosur (6 days a week)

Extension of run of existing trains
i) 22409/22410 Anand Vihar Sasaram Garib Rath Express to Gaya
ii) 12455/12456 Delhi Sarai Rohilla Sriganganagar Express to Bikaner
iii) 15231/15232 Gondia Muzaffarpur Express to Barauni
iv) 12001/12002 New Delhi Bhopal Shatabdi Express to Habibganj
v) 54602 Ludhiana-Hissar Passenger to Sadulpur
vi) 55007/55008 Sonpur-Kaptanganj Passenger to Gorakhpur
vii) 55072/55073 Gorakhpur-Thawe Passenger to Siwan
viii) 63237/63238Buxar-Mughalsarai MEMU to Varanasi
ix) 63208/63211 Jhajha-Patna MEMU to Jasidih
x) 64221/64222 Lucknow Hardoi MEMU to Shahjahanpur
xi) 68002/68007 Howrah-Belda MEMU to Jaleswar