Tuesday, July 8, 2014

Railway Budget 2014-2015

D.V. Sadananda Gowda's maiden Railway Budget focussed on unveiling the Modi Government’s plans for a massive facelift of the railways sector over the coming years 


Rail Budget Seeks Course Correction, Avoids Populism 

No Increase in Rail Fare 

Stress on Resource Mobilization Through PSU Surplus, FDI and PPP

Bullet Train on Ahmedabad-Mumbai Corridor Proposed, Speed of Trains to be Increased in Nine Sectors

More Thrust on Passenger Amenities, Cleanliness & Efficient Station Management

Multi Pronged Approach for Improving Safety & Security, 4000 Women RPF Constables to be Recruited

Revamping Railway Reservation System into Next Generation e-Ticketing, WI-FI Services in Major Stations & in Select Trains, Mobile based Wakeup Calls for Passengers

58 New Trains Introduced; 11 Existing Trains Extended

Railway University and Innovation Incubation Centre to be Set UP

Top Priority to Transparency,  e-procurement to be made Compulsory in Higher Purchase, Online Registration for Wagons in Next Two Months

Highest Ever Plan Outlay of Rs. 65,445 Crore with Higher Allocation for Safety Measures 

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