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Rail Budget 2014 Highlights

Rail Budget 2014 Highlights
  • Railway plays a crucial role in Social life and more than 13 Lakh employees.
  • 96 paisa is expenditure in each Rs 1 earn. It is surprising that even after monopoly railway fail to perform.
  • Railway need 5 Lakh Crore for next 10 years, 359 projects are pending.
  • Neither social nor economic goals are achieved fully.
  • 9 Lakh Crore needed for Diamond quadrilateral project of railway
  • Bullet train is costly each train requires 60000 Crore, two solution are Investment by PSU Companies otherwise private companies which may be FDI.
  • FDI in railway for various projects only but not for operations.
  • Railway FY2013-14 Results: Rs. 3783 Crore profit with total 1.49 Lakh Crore earning.
  • Railway passenger is expected to rise by 2%.
  • Following are facilities through PPP in coming days: Foot over-bridge, water, facilities to senior citizen and battery cars on platforms.
  • Online booking for railway waiting room or retirement rooms on major stations.
  • Food courts in major railway station and packed branded food in railway.
  • Cleaning is major challenge for railway station and it will be outsourced to Pvt. companies which is specialized in cleaning and monitored via CCTV and third party inspection.
  • Rs.1785 Crore for Road Under-bridge and over bridge.
  • 21000 RPF Constable recruitment for Railway security purpose which includes 4000 Women RPF Constables recruitment in Railway for year 2014-15.
  • Special trains for Tourism and religious circuits across India.
  • Special scheme for railway employees and scholarships to children.
  • Indian railway to start bullet train between MumbaiAhmadabad.
  • RO Water in trains in coming days.
  • High speed trains between metro cities with speed of 200 km/hr.

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