Suresh Prabhu, Railway Minister, under the BJP-led Narendra Modi government today on 26 February, 2015, presented the Railway Budget for 2015-16.
Investment in Railways will have an multiplying effect on the rest of the economy.
In the next five years, priority is to increase capacity in the existing rail networks.
Railway ministry received more than 20,000 suggestions via social media.
To modrenise the rail travel.
Will increase annual freight traffic to 1.5 MT.
To increase annual passenger capacity from 21 million to 30 million.
Envisages Rs. 8.5 lakh crore investment plan for the next five year.
Operating Ratio for FY16 at 88.5 per cent vs. 91.8 per from for FY15.
No hike in passenger fare.
Freight hike proposed in the range of 0.8-10 per cent for grains, pulses, urea, coal, iron & steel, cement, LPG and kerosene.
To build additional new toilets at 650 stations.
To replace 17,000 toilets with vacuum toilets.
All India helpline number 138 will be operational from 1 March, 2015.
Toll free number 182 for security related issues.
SMS on mobile to a valid proof for travelling on trains.
Wi-Fi at all A-1 category stations is provided, to extend the service to B category
stations too.
Lifts planned at major stations, Rs. 120 crore granted for the same.
Advance booking days to increased by 120 days.
To move towards paperless ticketing.
To develop 10 select stations to develop satellite terminals by FY16.
Feasibility study is on for high speed train between Mumbai and Ahmedabad.
Expansion of railway network to remote and backward area.
To revamp PPP model for Railways.
Announcement of new trains during the Parliament session.
Planned expenditure to increase by 52 per cent to 1.1 lakh crore next year.
Investment in Railways will have an multiplying effect on the rest of the economy.
In the next five years, priority is to increase capacity in the existing rail networks.
Railway ministry received more than 20,000 suggestions via social media.
To modrenise the rail travel.
Will increase annual freight traffic to 1.5 MT.
To increase annual passenger capacity from 21 million to 30 million.
Envisages Rs. 8.5 lakh crore investment plan for the next five year.
Operating Ratio for FY16 at 88.5 per cent vs. 91.8 per from for FY15.
No hike in passenger fare.
Freight hike proposed in the range of 0.8-10 per cent for grains, pulses, urea, coal, iron & steel, cement, LPG and kerosene.
To build additional new toilets at 650 stations.
To replace 17,000 toilets with vacuum toilets.
All India helpline number 138 will be operational from 1 March, 2015.
Toll free number 182 for security related issues.
SMS on mobile to a valid proof for travelling on trains.
Wi-Fi at all A-1 category stations is provided, to extend the service to B category
stations too.
Lifts planned at major stations, Rs. 120 crore granted for the same.
Advance booking days to increased by 120 days.
To move towards paperless ticketing.
To develop 10 select stations to develop satellite terminals by FY16.
Feasibility study is on for high speed train between Mumbai and Ahmedabad.
Expansion of railway network to remote and backward area.
To revamp PPP model for Railways.
Announcement of new trains during the Parliament session.
Planned expenditure to increase by 52 per cent to 1.1 lakh crore next year.
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