glSuzSRaSGMPB_Gxc_09Koo7g6M TOTAL WORLD ENTERTAINMENT: rail budget 2012 presented by Railways Minister Dinesh Trivedi.

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Wednesday 14 March 2012

rail budget 2012 presented by Railways Minister Dinesh Trivedi.

New Delhi: Railways Minister Dinesh Trivedi, as part of his Rail Budget 2012-13, on Wednesday announced a nominal increase in passenger fares.

According to the Railway Minister, fares will go up by 2 paise per km in ordinary second class and suburban services; by 3 paise in mail/express second class; 5 paise per km in sleeper class; 10 paise per km in AC 3-tier, AC chair car, and non-AC First Class; 15 paise per km in AC two-tier; and 30 paise per km in AC first class.

Also, minimum fare and platform tickets would now cost Rs 5.

This is the first hike in passenger fares in 10 years.

Trivedi also announced 75 new Express trains, 21 passenger trains, besides 75 new services in Mumbai suburban rail network, 50 new services in Kolkata suburban rail network and 15 in Chennai suburban rail network.

In his Rail Budget speech, the minister spelt out five priority areas for the Railways over the 12th Five Year Plan.

Trivedi emphasized that safety and modernisation will be the prime focus and that Railways would try to stop unfortunate occurrences in the future.

"My focus will be safe safety, safety, safety," Trivedi said, adding he had taken over the ministry last year in the backdrop of a rail accident in Uttar Pradesh.

"I vow to target zero deaths," he said in his maiden rail budget speech. "I also propose to set up an independent railway safety authority, as recommended by an expert group headed by the former Atomic Energy Commission chairman Anil Kakodkar."

Apart from safety, the other four focus areas include consolidation, de-congestion and capacity augmentation, modernisation and bringing down operating ratio.

Trivedi said the Railways will invest Rs 7.35 lakh crore during the 12th Five Year Plan period (2012-17), against Rs 1.92 lakh crore in the current one. By then, it will double its contribution to India's gross domestic product to 2 percent.

He further said that as part of modernisation exercise, Railway stations will be developed on the lines of airports.

Rail Budget Highlights

Fare hike:

  • 2 paise per km in ordinary second class and suburban services


  • 3 paise in mail/express second class


  • 5 paise per km in sleeper class


  • 10 paise per km in AC 3-tier, AC chair car, and non-AC First Class


  • 15 paise per km in AC two-tier; and 30 paise per km in AC first class


  • Platform tickets to cost Rs 5


  • Concessions:

  • 50% concession to patients suffering from sickle cell anemia


  • All arjuna awardees to get free travel in Rajdhani and Shatabdi express


  • Izzat scheme – Rs 25 rail pass - travel distance increased from 100 km to 150 km



  • Financials

  • Initiated revamp in accounting system, to shift to accrual-based accounting system


  • Aim 102.5 bn tone freight traffic in FY 13

  • FY 13 freight earnings seen Rs 89339 crore

  • See 1025 mn tone freight traffic in FY 12, up 55 mn tones Vs aim


  • FY 13 passenger earnings seem at Rs 36100 crore


  • FY 1 13 freight earnings seen up 30.2% Vs FY 12


  • Aim gross traffic receipt of Rs 1.32 lakh crore in FY 13


  • FY 13 ordinary expenses seen at Rs Rs 84400 crore


  • FY 13 appropriation to pension fund seen at Rs 18500 crore


  • FY 13 dividend liability seen at Rs 6676 crore


  • To repay Rs 3000 crore loan with interest to Finance Ministry in FY 13



  • See 1025 mn tn freight traffic FY 13


  • Aim operating ratio of less than 80% by end of 12th plan


  • Gross Budgetary support from govt not adequate


  • 50% concession to patients of certain diseases


  • Value of travel concession granted over Rs 800 crore per year


  • Railway input cost rising


  • Heavy cross subsidy model not sustainable in long term



  • See 1025 mn tn freight traffic FY 13


  • Aim operating ratio of less than 80% by end of 12th plan


  • Gross Budgetary support from govt not adequate


  • 50% concession to patients of certain diseases


  • Value of travel concession granted over Rs 800 crore per year


  • Railway input cost rising


  • Heavy cross subsidy model not sustainable in long term


  • Passenger Amenities:

  • RPF helpine to be integrated with other helplines


  • Three new training centres at Banaglore, Kahargpur and Lucknow


  • Railway Design Centre in NID campus, Ahmedabad


  • Hygiene standards important


  • Specialized housekeeping body to take care of stations and trains


  • Special compartments for physically disabled travelers


  • Efforts to improve access to platform for such persons


  • Safety:

  • Entire emphasis on safety, safety and safety


  • Safety has to be bench-marked with modern rail systems in the world


  • Not satisfied with safety standards


  • Railway family machining effort to enhance safety


  • Accident rate reduced to 0.55% from 0.77%


  • Eliminate all unmanned level crossings in five years


  • Independent rail safety authority to be set up


  • Safety standards cannot be achieved without modernization


  • Safety target of last Rail Budget has been met


  • Kasturirangan suggested Dr Anil Kakodkar’s name to head high speed safety committee


  • Committee submitted report on Feb 17, 2012 – suggested far reaching safety measures


  • Modernisation and Safety - two sides of same coin


  • Railway Safety Funds Rs 16000 crore approx


  • Plan Rs 20000 crores rail safety fund


  • Target should be zero death


  • Other Highlights:

  • Dinesh Trivedi presents his maiden budget


  • In 4th year of 12th Five Year Plan


  • Thanks Sonia, Mamata and members of Opposition


  • I am grateful to Maa Mati Manush


  • Have taken lessons from history: Trivedi


  • Mamata’s 2020 Vision document has guided me: Trivedi


  • No organisation can draw a parallel to Indian Railways


  • Achievements of Railways dedicated to railwaymen


  • Have tried to learn from the past


  • Had taken over just after Kanpur Rail accident


  • Took a vow to help stop such unfortunate occurrences


  • Rail Road Grade Separation Corporation of India set up


  • Committee to examine current standards of safety


  • Attention will be given to recommendations of committee


  • New expert group under Sam Pitroda on modernisation has submitted report


  • Rs 5.76 lakh crore needed for moderanisation as per the expert group


  • Mission directors will be appointed for modernaisation


  • Functions to be worked out on international line


  • Rail Research and Development Council


  • Railways suffers from implementation bug


  • Railways must attract Rs 2.50 lakh crore out of the govt’s spending on infrastructure


  • 12th plan investment has been pegged at Rs 7.35 lakh crore as against the current Rs 1.92 lakh crore


  • Need to connect remote and backward areas


  • Project on national importance in Northeast and Kashmir


  • Pradhan Mantri Rail Vikas Yojna (PMRY) under formulation


  • Additional fund of Rs 5 lakh crore required under PMRY


  • To set up SPV for funding unmanned level crossings


  • 40% accidents at unmanned level crossings


  • Gross Budgetary support Rs 2.5 lakh crore


  • Rail connectivity scheme to foster growth


  • Most of new rail line projects cannot be completed without viable funding mechanism


  • Need policy pronouncements and roadmap to achieve the goals


  • Indian railways will become a powerful engine of growth


  • Focus of Rail Budget is safety, consolidation and capacity augmentation


  • Target is to achieve 84% operational ratio


  • Serious need for funds as running costs high


  • Himalayan task of running Indian Railways safely


  • Aiming for generational change in Indian Railways


  • 487 rail projects pending, need funds


  • Want to contribute 2-3% to GDP instead of current 1%


  • Will invest Rs 3.5 lakh crore


  • Operating ratio of 84.9% in 2012-13


  • 487 gauge expansion projects in stages of implementation


  • Railways should get at 10% of infra spend of govt


  • Rs 14 lakh crore needed in next 10 years


  • I have received 5,741 requests


  • 476 requests for new lines, doubling of tracks


  • 646 requests for new trains


  • Realise expectations of people


  • All demands are genuine


  • Have tried to provide meet aspirations of all people across the country


  • Have made sincere efforts


  • Cannot imagine India without Indian Railways


  • If we don’t strengthen Railways we weaken the country


  • Collective responsibility of Parliament to make IR a sparkling service


  • Internal resources of Railways pegged at Rs 1.9 lakh crore


  • Rs 5 lakh crore needed for PM rail vikas scheme


  • Need sustainable financial model


  • Spoke to all chief ministers before preparing Rail Budget


  • Quantum jump in 12th outlay


  • Indian Railways stands at a cross road


  • India has remained on a healthy growth mode


  • Indian Railways has a critical role in catalysing world economy


  • Five focus areas – tracks, bridges, signalling, rolling stock, stations


  • Plan out lay for 2012-13 Rs 60,100 cr


  • 80% traffic being carried in 40% of rail network


  • Progressive use of 60 kg rails


  • Modernisation of 19,000 kilometres in next five years


  • More funds for bridges


  • 19,000 kilometres represents 80% of traffic


  • Singalling will be modernised
  • Panel routes, interlocking to be introduced in more routes


  • Automatic breaking systems to be introduced in more than 3400 kilometres


  • 19000 km of track to be upgraded


  • Operating ratios of 74% in 2016-17


  • 487 pending projects, needs funds and attention


  • Railways needs to grow at 10% annually


  • Total cost of signalling and communication Rs 39,110 cr in next five years


  • More LHB coaches to be introduced


  • New electric locos of 9000 horse power


  • Diesel engines of 5500 horse power


  • New auto car wagons


  • New coaching complex in Navi mumbai


  • Coaching terminal at the birth place of Bankim chandra chhattopadhya


  • Rs 4410 crore for capacity augmentation works


  • Focus of budget – safety, consolidation, decongestion, , up capacity


  • Operating ratio 95% as of now


  • Ail to cut operating ratio to 84.9% in 2012-13 and 74% by 2016-17


  • Signalling system to be modernized


  • Rs 6400 crore to be spent on track modernization


  • 160km/hr to be standard speed for trains


  • Will lead to reduced travel time


  • Delhi to Kolkata travel time will be reduced from 17 hours to 14 hours


  • Indian Railways Stations Redevelopment Corporation set up


  • Indian Railways Stations Redevelopment Corporation will be cost neutral


  • 100 stations to be modernised in the next five years


  • Will be carried on PPP model


  • Logistics corporation will also be set up


  • Rs 60100 crore planned investment in 2012-13


  • 11 kilometers of tunneling completed through Pir Panjal Range in Kashmir


  • 725 km completed in current year


  • 45 new works to be completed in 2012-13


  • 85 lines surveys completed


  • Where surveys have been competed it has been refereed to Planning Commission


  • State governments will have to share costs


  • All the 11 new projects recommended by the Planning Commission have been included


  • Coach maintenance factory to be set up at Navi Mumbai


  • Rs 4400 crores for capacity augmentation


  • Logistics Corp planned to offer total logistics solutions


  • Development of major stations to create 50000 jobs


  • To develop 100 stations via PPP route in next 5 years


  • Allocation of over 6000 cr under new line plan


  • 800 km target for gauge conversion in next year


  • Two new lines for gauge conversion


  • Unigauge policy adopted in 1992


  • 19000 km has already been conducted, only 7500 km is only left


  • 700 km rail lines would be doubled


  • Rs 3390 cr has been allocated for the same


  • Focus areas: tracks, bridges, rolling stock, freight terminals


  • Propose to increase number of double track container wagons


  • Rs 18100 in rolling stock in FY 13


  • Rs 1.7 lakh crore in rolling stock in next 5 years


  • To facilitate running of heavier, longer freight trains


  • Rs 828 cr for electrification


  • 10 new sections for electrification


  • Conversion of D/C to A/C completed in western railway section in Mumbai


  • Central railway section to be completed this year


  • Kolkata Metro project is on track


  • MMTC phase 1 has been commissioned in Hyderabad and Secunderabad


  • New suburban project in Chennai also progressing well


  • Stations to be modernized like airports


  • Rs 6872 crore allocated for 85 new line projects


  • Rail market borrowings Rs 5 lakh crores


  • FY 13 rail market borrowing via IRFC at Rs 5 lakh crores


  • Rs 6467 crores to be spent on track modernization


  • Rs 39100 crores to be spent on signal modernization



  • Increasing carrying capacity by 35% in Mumbai suburban rail network


  • Faster corridor on Virar-Panvel section


  • 12 car rakes on Harbour line


  • Elevated suburban in Mumbai


  • Premium AC suburban rail service


  • Railways playing significant role in socio-economic development


  • Indian Railways has strong case for putting dividend back into the system


  • Three new rail corridors in northern part of Chhattisgarh


  • Rail connectivity form Pitampuram to Kakinada for oil sector


  • 31 projects are being executed with assistance from the states


  • 17 projects have been sanctioned under ppp mode


  • Dedicated freight corridor projects under execution


  • Finding assistance from World Bank and Japan has been tied up


  • Rail wheel plant has started to produce wheels


  • Coaches are already rolling out of Rai Bareli


  • New wagon factory in Sitapalli in Ganjam district of Odisha


  • New coach factory in Kutch in Gujarat and Kolar in Karnataka


  • New diesel locomotive production plant in Vidisha in MP



  • Increasing carrying capacity by 35% in Mumbai suburban rail network


  • Faster corridor on Virar-Panvel section


  • 12 car rakes in Harbour line


  • Elevated suburban in Mumbai


  • Premium AC suburban rail service


  • Railways playing significant role in social development


  • Indian Railways has strong case for putting dividend back into the system


  • Three new rail corridors in northern part of Chhattisgarh


  • Rail connectivity form Pitampuram to Kakinada for oil sector


  • 31 projects are being executed with assistance from the states


  • 17 Projects have been sanctioned under ppp mode


  • Dedicated freight corridor projects under execution


  • Finding assistance from World Bank and Japan has been tied up


  • Rail wheel plant has started to produce wheels


  • Coaches are already rolling out of Rai bareli


  • New wagon factory in sitapalli in ganjam district of Odisha


  • New coach factory in kutch in Gujarat and kolar in Karnataka


  • New diesel locomotive production plant in vidisha in MP


  • To buy locomotives of 9000-12000 horsepower


  • To introduce wagons with 25 tn axle load


  • Hope govt will up budgetary support in years to come


  • Rs 632120 crore to be spent on track modernization between FY 13-17


  • Rs 45000 crore budgetary support in FY 13 Vs 24000 crore given


  • Must hasten development of rail lines to underdeveloped areas


  • Confident opf constructing 725 kms track in Fy 12


  • Propose 114 new line survey in FY 13


  • New unit at dankuni to augment the Chhitaranjan Locomotive works


  • Agartala to be connected with akhura in Bangladesh


  • Indian Railways has more than 8000 stations


  • 321 escalators in important staions


  • More mechanized laundaries


  • Book a meal to be launched


  • Alternate train accommodation system to accommodate waitlisted passengers in alternate trains


  • Automatic train running sysetem to be introduced on all trains in the next 18 months


  • Rs 6872 crore for new lines in FY 13


  • 17 gauge conversion projects to be completed in FY 13


  • Gave Rs 1388 crore to improve facilitates in rail offices


  • Allocation of 1950 crores in FY 13 for gauge conversion


  • 825 km gauge conversion to be completed in FY 12


  • Aim to convert most meter gauge lines by FY 17


  • RPF helpine to be integration with other helplines


  • Three new training centres at banaglore, kahargpur and lucknow


  • Railway design centre in NID campus, Ahmedabad


  • Hygiene standards important


  • Specialized housekeeping body to take care of stations and trains


  • To allocate Rs 3393 crore for doubling of lines in FY 13


  • Allocation of Rs 828 crore for electrification in FY 13


  • Aim to electrify 6500 kms of rail lines during 2012-17


  • To convert DC to AC on Central Railways in Mumbai in FY 13


  • Completed conversion of Mumbai western railways from DC to AC


  • Expected doubling of 750 kms of lines to be completed in FY 12


  • To complete electrification of 1100 km lines in FY 13


  • 1500 EMU coaches added, upped carrying capacity 35% in Mumbai


  • RPF helpine to be integration with other helplines


  • Three new training centres at banaglore, kahargpur and lucknow


  • Railway design centre in NID campus, Ahmedabad


  • Hygiene standards important


  • Specialized housekeeping body to take care of stations and trains


  • To allocate Rs 3393 crore for doubling of lines in FY 13


  • Allocation of Rs 828 crore for electrification in FY 13


  • Aim to electrify 6500 kms of rail lines during 2012-17


  • To convert DC to AC on Central Railways in Mumbai in FY 13


  • Completed conversion of Mumbai western railways from DC to AC


  • Expected doubling of 750 kms of lines to be completed in FY 12


  • To complete electrification of 1100 km lines in FY 13


  • 1500 EMU coaches added, upped carrying capacity 35% in Mumbai


  • Special compartments for physically disabled travelers


  • Efforts to ease of access of platform to such persons


  • Aim to run high speed rail with speed between 200 to 350 kmph


  • Prefeasibility studies in 6 corridors already taken up


  • New corridor to be taken up this year between Delhi-Jaipur-Ajmer- Jodhpur


  • Kerala govt is keen on high-speed corridor between Thiruvanathapuram-Kasargod


  • Ail to modernize 19000 kms of tracks in 5 years


  • Time has come to think of National policy for Railways


  • To rely on PPP route significantly in 12th 5 yr plan


  • Asked Mumbai rail for pilot plan for commercial development


  • 6500 ha acquired for dedicated freight corridor


  • Hygiene needs to be improved significantly


  • Green toilets in more trains


  • Rail Khel Ratna award to be instituted


  • Welfare program for rail employees


  • Large number of vacancies in Indian Railways


  • In 2012, more than one lakh persons will be recruited


  • Global tender for catering service


  • Amenities for differently able people introduced


  • One coach to be specially designed for differently able people


  • 10 Rail Khel Ratna awards for sportspersons; winners to be given intensive training


  • To set up housekeeping body for trains, stations to ensure hygiene


  • To set up rail design unite at National Institute of Design


  • To set up rail design unit at NID Centre for Rs 10 crore


  • All trains to have satellite tracking system in 18 months


  • 80,000 vacancies filled in Fy 12, over 1 lakh to be employed in Fy 13


  • Plan to set up rail coach factory in Kerala


  • Wagon factory to be set up in at Sitapally in Orissa


  • Rai Bareli coach factory phase II to be commissioned in FY 13


  • Propose two coach making unites in Kutch in Gujarat and Karnataka


  • To start pilot project for Mumbai rail commercialization


  • High powered diesel locomotive plant in Madhya Pradesh


  • Plan project to boost Agartala-Bangladesh connectivity


  • To allot 1112 crore for passenger amenities in FY 13


  • To upgrade 929 stations in FY 13


  • All tracks to be made broad gauge by end of 12 th plan


  • To set up integrated security system at 202 stations in FY 13


  • Budget Estimates

  • Taget to carry 1.25 million tones of originating traffic in 2012-13


  • Freight earning target kept at 89339 cr indicating growth of over 30%


  • Number of passengers to increase by 5.4%


  • Gross traffic receipt are expected to be rs 132552 cr


  • Operating expenses pegged at 84400 cr


  • Railways have budgeted to discharge full dividend liability


  • Rail safety plan for 16842 cr


  • Not defaulted on dividend payment despite financial crunch


  • Cut FY 12 dividend to 5% Vs 6%


  • FY 12 operating ratio seen 95% vs 91% tyarget


  • FY dividend liability Rs 5652 crore


  • Finance Ministry extended Rs 3000 crore loan


  • Independent Tariff Regulative Authority for freight and fare proposed, to be debated


  • Travel on Rajdhanai and Shatabadi free for Arjuna Awardees


  • Travel distance increased to 150 kms from 100 kms under Izzat scheme



  • Demands for setting up of Independent tariff regulatory authority


  • New body to be set up the demand for tariff authority


  • Indian Railways passing through difficult years


  • Proposal for alternative train accommodation


  • Will introduce new auto cars


  • Guru Parikrama trains – to connect Amritsar, Ptana, Nanded


  • Plan Trivandrum-Kasragod high speed corridor


  • To equip 2500 coaches with bio-toilets


  • To start wellness scheme for better health of employees


  • Top modernize production unites with modern technology


  • Propose e-procurement, e-auction of all scrap


  • To induct 2 new board members for safety , PPP marketing


  • Propose 75 new express trains


  • Propose new 21 passenger trains


  • Propose 75 new services in Mumbai


  • Propose 50 new trains in Kolkata Metro
NEW DELHI: Railway minister Dinesh Trivedi on Wednesday presentaedhis maiden Railway Budget in Parliament and said the budget was aimed at the common man.
Towards the end of his Rail Budget speech, Trivedi announced that train fares would be increased across all classes, but the hike would be nominal. In the first hike in nine years, the minister said the proposal was to hike fares ranging from two paise to 30 paise.
The minister emphasized there would not be any steep increase in passenger ares.
Trivedi said the increase would be 2 paise per km for suburban trains; 3 paise per km for mail and express trains.
He said the attempt was to round off fares to eliminate the need for change.
The railway minister also announced the setting up of a body of experts to examine setting up of an independent Railway Tariff Regulatory Authority.
During his Railway Budget speech, Dinesh Trivedi announced 75 new express trains and 21 new passenger trains. He said the railways was expected to recruit over one lakh people in the next financial year.
Guru Parikarma train covering Amritsar, Patna and Nanded was one of the trains that woule be introduced, he said.
Dinesh Trivedi said the railways would induct two board members for marketing and safety.
At the start of his presentation of the Rail Budget, the minister said the emphasis of the Rail Budget would be on improving infrastructure.
Safety is my first priority and sole emphasis, Dinesh Trivedi also said while reading out his budget speech. "India Railways has to be be benchmarked with Europe and Japan," he said.
"My focus will be safe safety, safety, safety," Trivedi told the Lok Sabha, adding this was the decision he took as soon as he assumed charge his ministry last year against the backdrop of a rail accident in Uttar Pradesh last year.
"I wow to target zero deaths," he said in his rail budget speech. "I also propose to set up an independent railway safety authority, as recommended by an expert group headed by the former Atomic Energy Commission chairman Anil Kakodkar."
Trivedi said he was not satisfied with the current safety standards. He said a special purpose vehicle would be set up to achieve better safety protocols. Trivedi said unmanned level crossings would be abolished in the next five years.
Trivedi said the target of reducing accidents from 0.55 to 0.17 has been met.
The railway minister said focus would also be on modernisation of railways and the Prime Minister's advisor Sam Pitroda would head the railway modernization commiittee. The minister for railways announced several modernisation programmes for the railways in his speech and said investment of Rs 5.60 lakh crore would be required for the purpose.
The other four three areas listed by the minister were consolidation, de-congestion and capacity augmentation, bringing down operating ratio. Trivedi said the operating ratio of the railways -- amount spent on running the network against revenues -- will be lowered to 84.5 percent from the current 95 percent, and to 74 percent by the terminal year of the 12th plan.
This is key to the network being able to garner money for expansion and modernisation.
Trivedi said he was looking at the current budget not as an exercise for the next fiscal alone, but also for the entire five year plan, drawing from the Vision 2020 document of his predecessor and current West Bengal chief minister Mamata Banerjee.
The Indian Railways run the third largest railroad network in the world spread over some 64,000 km, with 12,000 passenger and 7,000 freight trains each day from as many as 7,083 stations to ferry 23 million travellers and 2.65 million tonnes of goods daily.
Given the socio-economic role played by the railways in India's transformation, Trivedi also said time had come for formulating national policy for the network on the lines of those for defence and external affairs.
According to the minister, Indian Railways will invest Rs 7.35 lakh crore during the 12th Five Year Plan period (2012-17), against Rs 1.92 lakh crore in the current one. By then, it will double its contribution to India's gross domestic product to 2 percent.
Trivedi said the outlay of Rs 60,100 crore proposed for 2012-13 will be the highest ever and added that the network will require Rs 14 lakh crore over the next 10 years for modernisation.
Trivedi announced another scheme - Indian Railways Stations Development Corp will redevelop stations and maintain them on pattern of airports, he said. The minister also anounced special projects for the north-east and Jammu Kashmir.
With several railway employees also good sportspersons, Trivedi announced the setting up of a Rail Khel Ratna Award to be given to 10 sportspersons every year.
HIGHLIGHTS
* Railways must attract 10 percent of the Rs 20 lakh crore government expects to spend on infrastructure during 12th Plan
* Railways expect gross budgetary support of Rs 2.5 lakh crore during 12th Plan.
* Collective challenge to formulate viable funding mechanism for modernisation.
* Railways should contribute 2 percent of GDP from the present 1 percent.
*487 approved projects at various levels of execution
*Market borrowing through IRFC at Rs 50,000 cr needed in 2012
*Modernize rolling stock via fresh purchases of wagons, engines

*Plan to upgrade 19,000 kms of tracks in 5 years
*To create 1000 stations through PPP route in 5 years

*Station development org to be funded via PPP

*Delhi-Kolkata travel time to be brought down to 14 hours from 17 hours

*Facilitate running of longer and heavier freight trains

*To introduce double decker container trains

*Total cost of signalling for five years is Rs 35,000 crores
*17 gauge conversion projects will be completed in FY 12-13

*825 kms of gauge conversion projects to be completed

*Rs 6872 crore allocated under the new line plan

*Development of major stations to create 50,000 jobs

*New lines to be laid in under-developed parts

*Plan to enhance GPS use in railways

*To complete over 45 new lines in FY13, stretching over 700 kms

*Rs 1102 crores for passenger amenities in FY 13 as compared to Rs 700 cr in previous year

*To set up elevated suburban corridors in Navi Mumbai. Working on PPP for elevated Churchgate-Virar corridor

*New lines to be set up for Kolkata Metro

*Railways to take up linking of Agartala to Akura in Bangladesh.

*31 projects of over 5,000 km being implemented with the support of state governments.

*All meter gauge, narrow gauge sections to be made broad gauge, except heritage lines, by end of 12th Five Year Plan.

*725 km of new line completed in the current year, Rs 6,725 crore for new lines, says Trivedi.

*14 new rail line survey to be taken up in 2012-13.

*Budgetary support pegged at Rs 25,000 crore for the coming year as against projected requirement of Rs 45,000 crore.

*Logistics Corporation will be created for providing logistics solutions for rail users.

Earlier before leaving for Parliament, Trivedi told reporters, "The budget is going to be very good for the country and the common man. I have to make sure that Indian Railways is solid like gold."

"The railways are one of the most important infrastructure. Without the railways growing, India's GDP cannot grow," the minister added.
Railway minister Dinesh Trivedi on Wednesday presentaedhis maiden Railway Budget in Parliament and said the budget was aimed at the common man.
Towards the end of his Rail Budget speech, Trivedi announced that train fares would be increased across all classes, but the hike would be nominal. In the first hike in nine years, the minister said the proposal was to hike fares ranging from two paise to 30 paise.
The minister emphasized there would not be any steep increase in passenger ares.
Trivedi said the increase would be 2 paise per km for suburban trains; 3 paise per km for mail and express trains.
He said the attempt was to round off fares to eliminate the need for change.
The railway minister also announced the setting up of a body of experts to examine setting up of an independent Railway Tariff Regulatory Authority.
During his Railway Budget speech, Dinesh Trivedi announced 75 new express trains and 21 new passenger trains. He said the railways was expected to recruit over one lakh people in the next financial year.
Guru Parikarma train covering Amritsar, Patna and Nanded was one of the trains that woule be introduced, he said.
Dinesh Trivedi said the railways would induct two board members for marketing and safety.
At the start of his presentation of the Rail Budget, the minister said the emphasis of the Rail Budget would be on improving infrastructure.
Safety is my first priority and sole emphasis, Dinesh Trivedi also said while reading out his budget speech. "India Railways has to be be benchmarked with Europe and Japan," he said.
"My focus will be safe safety, safety, safety," Trivedi told the Lok Sabha, adding this was the decision he took as soon as he assumed charge his ministry last year against the backdrop of a rail accident in Uttar Pradesh last year.
"I wow to target zero deaths," he said in his rail budget speech. "I also propose to set up an independent railway safety authority, as recommended by an expert group headed by the former Atomic Energy Commission chairman Anil Kakodkar."
Trivedi said he was not satisfied with the current safety standards. He said a special purpose vehicle would be set up to achieve better safety protocols. Trivedi said unmanned level crossings would be abolished in the next five years.
Trivedi said the target of reducing accidents from 0.55 to 0.17 has been met.
The railway minister said focus would also be on modernisation of railways and the Prime Minister's advisor Sam Pitroda would head the railway modernization commiittee. The minister for railways announced several modernisation programmes for the railways in his speech and said investment of Rs 5.60 lakh crore would be required for the purpose.
The other four three areas listed by the minister were consolidation, de-congestion and capacity augmentation, bringing down operating ratio. Trivedi said the operating ratio of the railways -- amount spent on running the network against revenues -- will be lowered to 84.5 percent from the current 95 percent, and to 74 percent by the terminal year of the 12th plan.
This is key to the network being able to garner money for expansion and modernisation.
Trivedi said he was looking at the current budget not as an exercise for the next fiscal alone, but also for the entire five year plan, drawing from the Vision 2020 document of his predecessor and current West Bengal chief minister Mamata Banerjee.
The Indian Railways run the third largest railroad network in the world spread over some 64,000 km, with 12,000 passenger and 7,000 freight trains each day from as many as 7,083 stations to ferry 23 million travellers and 2.65 million tonnes of goods daily.
Given the socio-economic role played by the railways in India's transformation, Trivedi also said time had come for formulating national policy for the network on the lines of those for defence and external affairs.
According to the minister, Indian Railways will invest Rs 7.35 lakh crore during the 12th Five Year Plan period (2012-17), against Rs 1.92 lakh crore in the current one. By then, it will double its contribution to India's gross domestic product to 2 percent.
Trivedi said the outlay of Rs 60,100 crore proposed for 2012-13 will be the highest ever and added that the network will require Rs 14 lakh crore over the next 10 years for modernisation.
Trivedi announced another scheme - Indian Railways Stations Development Corp will redevelop stations and maintain them on pattern of airports, he said. The minister also anounced special projects for the north-east and Jammu Kashmir.
With several railway employees also good sportspersons, Trivedi announced the setting up of a Rail Khel Ratna Award to be given to 10 sportspersons every year.
HIGHLIGHTS
* Railways must attract 10 percent of the Rs 20 lakh crore government expects to spend on infrastructure during 12th Plan
* Railways expect gross budgetary support of Rs 2.5 lakh crore during 12th Plan.
* Collective challenge to formulate viable funding mechanism for modernisation.
* Railways should contribute 2 percent of GDP from the present 1 percent.
*487 approved projects at various levels of execution
*Market borrowing through IRFC at Rs 50,000 cr needed in 2012
*Modernize rolling stock via fresh purchases of wagons, engines

*Plan to upgrade 19,000 kms of tracks in 5 years
*To create 1000 stations through PPP route in 5 years

*Station development org to be funded via PPP

*Delhi-Kolkata travel time to be brought down to 14 hours from 17 hours

*Facilitate running of longer and heavier freight trains

*To introduce double decker container trains

*Total cost of signalling for five years is Rs 35,000 crores
*17 gauge conversion projects will be completed in FY 12-13

*825 kms of gauge conversion projects to be completed

*Rs 6872 crore allocated under the new line plan

*Development of major stations to create 50,000 jobs

*New lines to be laid in under-developed parts

*Plan to enhance GPS use in railways

*To complete over 45 new lines in FY13, stretching over 700 kms

*Rs 1102 crores for passenger amenities in FY 13 as compared to Rs 700 cr in previous year

*To set up elevated suburban corridors in Navi Mumbai. Working on PPP for elevated Churchgate-Virar corridor

*New lines to be set up for Kolkata Metro

*Railways to take up linking of Agartala to Akura in Bangladesh.

*31 projects of over 5,000 km being implemented with the support of state governments.

*All meter gauge, narrow gauge sections to be made broad gauge, except heritage lines, by end of 12th Five Year Plan.

*725 km of new line completed in the current year, Rs 6,725 crore for new lines, says Trivedi.

*14 new rail line survey to be taken up in 2012-13.

*Budgetary support pegged at Rs 25,000 crore for the coming year as against projected requirement of Rs 45,000 crore.

*Logistics Corporation will be created for providing logistics solutions for rail users.

Earlier before leaving for Parliament, Trivedi told reporters, "The budget is going to be very good for the country and the common man. I have to make sure that Indian Railways is solid like gold."

"The railways are one of the most important infrastructure. Without the railways growing, India's GDP cannot grow," the minister added.

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