Railway Budget 2014

Union Railway Minister Sadanand Gowda Presented Rail Budget 2014-15: 
Union Rail Budget 2014-15 was presented by the Union Railway Minister Sadanand Gowda on 8 July 2014. This is the first rail budget presented by any Bharatiya Janata Party (BJP) minister and it is also Gowda’s first rail budget.

Presenting the Interim Rail Budget 2014 in Parliament, Union Railway Minister Mallikarjun Kharge announced that 17 new premium trains and 38 express trains would be introduced. 

The Railway Minister has however kept both the passenger as well as the freight fares unchanged.

Mallikarjun Kharge is the second Railway Minister from Congress Party in the 10-year UPA regime to be presenting a Railway Budget, although interim. Earlier, under UPA-I regime Lalu Prasad from RJD had presented vote-on-account (interim budget) in 2009.
No increase in rail fare and freight has been proposed in the Interim Rail Budget for 2014-15. The Minister announced that there will be no more unmanned crossings. A Rail Tariff Authority has also been announced. A number of measures for safety and security of passengers like portable fire-extinguishers in coaches and induction-based cooking in pantry car have been proposed in the Budget.

Union Rail Budget 2014-15: Highlights
Railways to build FOB and escalators, toilets on all stations
• Railways also proposes to set up Food Courts at major stations

• RO drinking water facilities to be installed at stations
• Separate housekeeping wing at 50 major stations
• CCTV to monitor cleanliness activities
• Mechanized laundry will be introduced
• Dedicated freight corridor on Eastern and Western corridors
• Tourist trains to be introduced to link all major places of tourist interests across the country
• 4000 women constables to be recruited to ensure safety of women
• 17000 Railway Protection Force (RPF) constables to provide safety to passengers
• Setting up of Railway University for technical and non-technical study
• Ultrasonic Broken Rail Detection System (UBRD) to detect problem in track
• Proposal to start Bullet trains in Mumbai—Ahmedabad route
• Diamond Quadrilateral project of high speed trains to connect all major metros
• Efforts will be made to increase speed of trains to 160-200km/h on select sectors. The identified sectors are: Delhi-Agra; Delhi-Chandigarh; Delhi-Kanpur; Nagpur-Bilaspur; Mysore-Bengaluru-Chennai; Mumbai-Goa; Mumbai-Ahmedabad; Chennai-Hyderabad and Nagpur-Secunderabad.
• E-ticketing system to be improved. Future e-ticketing to support 7200 tickets per minute & to allow 120000 simultaneous users
• Wi-fi in A1 and A category stations and in select trains. Internet-based platform and unreserved tickets
• Will develop 10 metro stations with state-of-the-art facilities
• Outsourcing at 50 major stations; on board housekeeping to be extended to more trains; launching feedback service through IVRS on the quality
• Hospital Management Information System to integrate all railway health units and hospitals
• Special milk tanker trains to be introduced
• Temperature-controlled storage for fruits and vegetable
• setting up of Railway University for technical and non-technical subjects, tie-up with technical institutions
• Paperless office of Indian railways in 5 years. Digital reservation charts at stations
• Ready-to-eat meals to be introduced in phased manners
• New trains in Rail Budget: 5 Jansadharan, 5 Premium, 6 AC, 27 express trains, 8 passenger, 5 DEMU & 2 MEMU services; 11 train extensions
• Office-on-wheels: Internet and workstation facilities on select trains
• Temperature-controlled storage for fruits and vegetable

Rail Budget 2014 Highlights

·         Passenger fares to remain unchanged
·         Leaves freight fares unchanged
·         Railway line from Kashmir to Kanyakumari
·         High time to take note of urgent needs of Railways
·         Seeks approval for spending first 4 months of FY'15
·         Funds to be provided for national projects
·         To start passenger service to Vaishnodevi-Katra shortly

·         Setting up of 11.2 km-long tunnel in J&K
·         Railways met extra expenditure through own means
·         Successfully met 6th pay panel recommendations
·         Extending rail connectivity to NE states
·         Electrification of over 4,000 kilomteres in plans
·         Railways has emerged stronger financially
·         Extra expenses met through internal accruals
·         Dedicated freight corridor to cut transit time by half
·         Completed laying 2,027 kms railway lines vs target 2,000 kms
·         Railways helps cause of national integration
·         To introduce 17 new premium trains and 38 express trains
·         Railways help provide low cost connectivity
·         Banihal link a big boon
·         Railways has met 6th pay panel recommendations
·         Dedicated freight lines to be commissioned
·         Completed doubling gauge of 2,227 kms vs target of 2,000 kms
·         Completed electrification of 4,556 kms vs target of 4,500 kms
·         Railways to have more passenger trains at higher speed
·         Need budgetary resources of Rs 19,805 crore for FY15
·         Rail Vikas Nigam to borrow Rs 1,000 crore from market in FY15
·         FY15 gross traffic receipts seen at Rs 1.16 lakh crore