Thursday 25 February 2016

Live: Key Highlights of Rail Budget 2016-17

Railway Minister Suresh Prabhu presents his second full budget in the Parliament. 



The key Highlights of Rail Budget 2016-17:

Rail Minister Suresh Prabhu arrives in Parliament to present the Railway Budget 2016.

Railway Budget speech begins in Parliament

Setting aside Rs 50 cr to fund startups by railway employee

2 month internships in Railways for 100 students across Engineering & MBA


To introduce National Rail Plan to harmonise network & set up a new R&D organization


Drones to be used for remote monitoring physical monitoring of ongoing projects.

 
100 terrabytes of data created annually. These to be analysed systematically
 
33% sub-quota for women under all reserved categories.
 
We'll increase the advertising revenue by more than four times this year.
 
We intend to give special focus to exploring advertising potentials at big stations.
 
In-principal nod for MUTP projects received. 

Advertisement at 20000 display screens at 2000 stations to benefit FMCG companies\Other large adspenders


Container sector will be open to all traffic barring coal & select ores

 
India's first rail auto hub to come up in Chennai.

Private parties in a non-operational areas are working with us
 
Will soon inaugurate dedicated rail auto hub in Chennai & explore the possibility of leasing out general purpose wagons

Special purpose vehicle for the Ahmedabad-Mumbai high speech corridor registered this month: rail budget 2016-17.
 
A full-fledged market study on freight basket underway for revival of freight share.
 
We will partner with the Govt. of TN for developing suburban network in Chennai through innovative financing methods.

Railways to increase share of non-tariff revenues from the current level of 5%
 
I propose to invite FM radio stations to provide train borne entertainment via PA systems
 
We intend to publish Rail Bandhu magazine in all regional languages.
 
Elevated rail corridors from Churchgate to Virar and CST to Panvel on the cards.
 
Rail side logistic parks and warehouses proposed for capacity building of terminals
 
We have also revamped our internal audit system with view to bringing in efficiency in working practices.

Rail side logistic parks and warehouses proposed for capacity building of terminals

We have also revamped our internal audit system with view to bringing in efficiency in working practices.

All new Railway stations to be built as per Accessible India guidelines.
 
IRCTC will make available local cuisine of choice, hygienic food.
 
Intend to publish Rail Bandhu magazine in all regional languages

We've introduced Sarthi Seva in Konkan Railways for help to senior citizens; will expand this service.
 
All new Railway stations to be built as per Accessible India guidelines.
 
2 elevated suburban corridors between Churchgate/Virar; CSTM and Panvel
 
Passenger services to be improved at various stations visited by pilgrims

"Coolies" will be called as "Sahayak": Suresh Prabhu

New policy of multi-purpose stalls at station to provide multiple services like milk and medicines.
 
Local cuisine of choice will be made available to passengers
 
Third party audit on catering, we will also enforce reservation for SC/ST and for women in catering: Suresh Prabhu

Introduce Antyodaya Express, superfast train for long routes
 
A sub quota of 33% for women in each of the categories

Introduced Sarthi Seva in Konkan Railways for help to senior citizens
 
Local cuisine of choice will be made available to passengers
 
'Clean my coach' service through sms on pan-india basis

'Clean my coach' service through sms on pan-india basis

IRCTC will begin to manage catering service in phased manner

Introduced Utkrisht double decker air conditioned yartri (UDAY) express with increased carrying capacity of almost 40%
 
To commence ticket sale by hand held devices

National Academy of Railways at Vadodara to be made a full fledged university
 
We will also introduce overnight double-decker trains on the busiest roots
 
We propose to introduce Antyoday Express, a fully unreserved train on dense routes: Suresh Prabhu

Track Mangement System implemented under DigitalIndia

Contracts of 24,000 cr awarded since Nov 2014 Vs 13,000 cr in last 6 Yrs

All contracts for civil engineering works to be awarded soon

World's first Bio-vacuum toilet developed by Indian Railways is being used in Bibrugarh Rajdhani express.

17,000 toilets in 475 stations before this financial year:

All India 24x7 helpline number introduced for safety specially women;CCTV cameras installed

All major stations to be brought under CCTV surveillance in a phased manner

Increasing Senior Citizen Quota By 50%
 
Supporting 1.2 lakh concurrent users now, as opposed to 40,000 earlier
 
Enhanced capacity of eticketing system from 2000 tickets/min to 7,200/min

1780 ticket vending machines were set up, smart cards for cashless and mobile apps used

We will commission 2,800 km of new tracks in next year.

Today there is no barrier between the common passengers and the Railways: Railway Minister Suresh Prabhu

We intend switch over to paperless contract management system where bids will be invited online and tender will be awarded electronically

Schemes being given assent in 6-8 month instead of two years to increase efficiency

New locomotive factories to be set up with an order book of 40,000 crore rupees

Propose To Electrify 2,000 km Of Railway Lines In FY17

Social Media will be used to bring transparency in our working: Suresh Prabhu

We have started recruitment process online for Railways to bring 100% transperancy

Budget reflects the aspiration of Railway family: Suresh Prabhu

We will innovate and optimize the way forward.: Suresh Prabhu
 
India Railways have a saving of 8,720 Cr from previous Budget Estimates: Suresh Prabhu
 
Capital Outlay to increase to Rs. 1,21 lakh crore : Suresh Prabhu

We hope to generate revenues to the order of Rs 1,84,820 Crores: Suresh Prabhu

Next year, we plan to construct 2,800 kms of lines

We would be surpassing the ambitious target of 2,500 Kms of broad gauge line this year

Core objective is to become an engine of employment generation and economic growth at national level.

Action has been taken on 139 budget annoucements in last budget.

Pension Spending In FY17 Targetted At Rs 45,500 Cr
 
More dedicated freight corridors to accommodate the increased demand in freight transport.
 
14 crore mandays of employment to be generated in 2018-19
 
LIC Has Agreed To Fund Rs 1.5 Lakh Cr Over Next 5 Years
 
1,600 km of electrification this year and 2,000 km in the next year are proposed.
 
23 million is the number of passengers railways carry everyday.
 
We are poised to commission broad gauge lines at the rate of 7 km per day against 4.5 km over last five years.
 
Port connectivity and North East connectivity will be priority in this budget

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