Highlights of Railway Budget 2014

July 08, 2014 13:58
Highlights of Railway Budget 2014

Union Railway Minister Sadananda Gowda has introduced Railway Budget 2014 in the Lok Sabha. Here are the highlights of the maiden NDA government budget.

  • The Railway Minister expects total receipts of Rs 1,64,370 crore for 2014-15 year and expenditure would be Rs 1,49,000 crores.

  • Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa.

  • Wifi in A1 and A category stations and in select trains. Internet-based platform and unreserved tickets.

  • Paperless office of Indian railways in 5 years. Digital reservation charts at stations.

  • Special milk transportation trains in association with Amul and National Dairy Association Board.

  • Proposal to start Bullet trains in Mumbai - Ahmedabad route.

  • Ultrasonic system to detect problem in track.

  • 4,000 women constables to be recruited to ensure safety of women. 17,000 RPF constables to provide safety to passengers. Cell phones to all RPF staff

  • CCTV to monitor cleanliness activities.

  • Hike of fares will bring in Rs.8,000 crore but need another Rs.9,000 crore for golden quadrilateral project.

  • Committee to study pending projects in Andhra Pradesh and Telangana. Projects worth over Rs.20,000 crore are at various stages in Telangana and AP. They will be completed.

  • North - Eastern region to get 54% more funding in this budget. Rs 5116 crore

  • Railways will link all major ports through public private partnership [PPP].

  • Plans to set up a Railway University for both technical and non-technical subjects.

  • Increase per capita railways staff welfare fund from Rs 500 to Rs 800.

5 Jansadharan, 5 Premium & 6 AC, 27 Express Trains, 8 Passenger, 5 DEMU & 2 MEMU services; 11 train extensions.

New Trains:

  • Vijayawada - New Delhi, AP Express

  • Vizag - Chennai, Weekly Express

  • Secunderabad - Nizamuddin, Premiun Train

  • Hyderabad - Chennai, Semi Bullet Train

  • Nagpur - Secunderabad, Semi Bullet Train.

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