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Showing posts with label Railway Budget 2014-15. Show all posts
Showing posts with label Railway Budget 2014-15. Show all posts

Highlights of the Railway Budget 2014-15

Thursday, July 10, 2014 Posted by Unknown , No comments
HIGHLIGHTS OF THE RAILWAY BUDGET 2014-15

Thrust

1. Safety

2. Project Delivery

3. Passenger Amenities/Services with focus on food services & on cleanliness, sanitation, toilets

4. Financial Discipline

5. Resource Mobilization

6. IT Initiatives

7. Transparency & System Improvements.

Major Challenges facing the Railway System

·         Vast tracts of hinterland waiting for rail connectivity.

·         Railways expected to earn like a commercial enterprise but serve like a welfare organization.

·         Railways carry Social Service Obligation of more than Rs 20,000 cr by carrying services below cost. This is nearly 16.6% of GTR and is almost half of Railways’ Plan Outlay under budgetary sources.

·         Surplus revenues declining; hardly any adequate resources for its development works.

·         Tariff policy adopted lacked rational approach; passenger fares kept lower than costs; loss per passenger kilometer increased from 10 Paise per Km in 2000-01 to 23 Paise in 2012-13.

·         ‘Decade of Golden Dilemma’ – choosing between commercial and social viability.

·         Share of Railways in freight traffic coming down consistently.

·         Rs 5 lakh crore required for ongoing projects alone.

·         Focus so far in sanctioning more and more projects with inadequate prioritization rather than completing them; Of the 674 projects worth Rs 1,57,883 cr sanctioned in the last 30 years, only 317 could be completed.

·         Completing the balance requires Rs 1,82,000 cr.

·         Most of Gross Traffic Receipts is spent on fuel, salary and pension, track & coach maintenance and on safety works. In the year 2013-14, Gross Traffic Receipts were Rs. 1,39,558 crore and total Working Expenses were Rs. 1,30,321 crore, _ The surplus, after paying obligatory dividend and lease charges, was Rs. 11,754 crore in 2007-08 and is estimated to be Rs. 602 crore in the current financial year.

Course Correction and Initiatives

·         Works to be re-prioritized with more focus on doubling and tripling to decongest the over-utilized network.

·         Recent fare and tariff hike to mop additional revenue of about Rs. 8,000 cr.

·         Alternate resource mobilization need to be explored as enlisted.

  • Leveraging Railway PSU Resources by bringing in their investible surplus funds in infrastructure projects of Railways.

  • Domestic investments and FDI in rail infrastructure.

  • Pursuing Public Private Partnership.

·         Near Plan-holiday approach.

·         Prioritizing and setting timelines for completion of the ongoing projects.

·         Decision Support System for project implementation.

·         Strategic partnerships and transparency in procurements.

·         Aggressive indigenization of imported products.

·         Developing locomotives, coaches and wagon leasing Market.

Passenger Amenities/Services & Station Management – including Cleanliness & Catering

·         Provision of foot-over bridges, escalators, lifts, etc. at all major stations including through PPP route.

·         Provision of sufficient water supply, platform shelters and toilets at Railway Stations.

·         Battery operated cars for differently-abled and senior citizens at platforms of all major stations.

·         Involvement of individuals, NGOs, Trusts, Charitable Institutions, Corporates to provide passenger amenities at stations.

·         Provision of workstations in select trains on payment basis.

·         Expanding scope of online booking of train, coaches, berth & chair car.

·         Introduction of parking cum platform combo tickets.

·         E-booking of railway retiring rooms.

·         Introduction of Ready-to-eat meals of reputed brands in a phased manner.

·         Introduction of Quality Assurance Mechanism through Third Party Audit by NABCB certified agencies.

·         Launching feedback service through IVRS on the quality of food.

·         Setting up of Food Courts at major stations for providing regional cuisine while onboard through emails, SMS and Smart Phones, etc. Pilot project between New Delhi-Amritsar and New Delhi-Jammu Tawi sections.

·         Substantial increase of 40% in budget allocation for cleanliness.

·         Outsourcing of cleaning activities at 50 major stations to professional agencies.

·         Setting up of separate Housekeeping Wing for maintaining cleanliness and sanitation at stations.

·         Setting up of Corpus Fund at Stations’ upkeep.

·         Extending use of CCTVs at stations to monitor cleanliness activities.

·         Printing of all India level complaint/helpline number on PRS tickets and introduction of system of third party inspections.

·         Extension of onboard Housekeeping services to all important trains.

·         Increasing mechanized laundries for quality bedrolls in AC coaches.

·         Introduction of RO drinking water units at Stations and in trains on experimental basis.

·         Encouraging reputed and willing NGOs, charitable institutions and Corporate Houses for adopting and maintaining stations.

Measures for improving Safety & Security

·         Provision of Rs.1,785 crore for Road-over-bridges and Road-underbridges; speedy clearances, online design standardization and decentralised sanctioning powers.

·         Multi-pronged approach to eliminating Unmanned Level Crossings.

·         Advanced technology for rail-flaw detection - Vehicle Borne Ultrasonic Flaw Detection System to detect rail and weld fractures and pilot trials on Ultrasonic Broken Rail Detection System (UBRD) at two locations.

·         Safety standards to match international practices. Simulation Center to study causes of accidents.

·         Pilot project on Automatic door closing in mainline and sub-urban coaches.

·         4000 women RPF constables to be recruited in addition to 7000 RPF constables.

·         RPF escorting teams in trains to be provided mobile phones helping passengers in contacting them in distress. Coaches for ladies will be escorted. Care to be taken for ladies travelling alone.

·         Building boundary walls around stations through PPP route to be explored.

Green Initiatives

Rail Tourism

IT Initiatives including revamping reservation system

Staff Welfare

Training

Speed of Trains

Resource Augmentation

Other Initiatives

Metropolitan/Suburban Services

Financial Performance 2013-14

Budget Estimates 2014-15

Annual Plan 2014-15

Projects for Remote Areas, North-East, Andhra Pradesh and Telengana

New Surveys

Trains
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