Railway Budget 2012-13 - Highlights....

[swapnil tambe]

Dear All,

Railway Minister Dinesh Trivedi presented his maiden railway budget for 2012-13 today.....some of the Highlights of the budget are as follows : 

Tariff Proposals

- Passenger fares increased by 2 paise per km for suburban and ordinary second class; 3 paise per km for mail/express second class; 5 paise per km for sleeper class; 10 paise per km for AC Chair Car, AC 3 tier and First Class; 15 paise per km for AC 2 tier and 30 paise per km for AC I.

- Fares to be rounded off to the next nearest five rupees.

- Minimum fare and platform tickets to cost Rs 5.

Training and Recruitment

- Over one lakh persons to be recruited in 2012-13 

Passenger/Rail Users’ Amenities

- SMS on passenger mobile phone in case of e-ticket to be accepted as proof of valid reservation.

- Introduction of regional cuisine at affordable rates; launching of Book-ameal scheme to provide multiple choice of meals through SMS or email.

- Introduction of coin/currency operated ticket vending machines.

- Introduction of Alternate Train Accommodation System to accommodate waitlisted passengers on alternate trains.

- Sale of PRS tickets through 151 post offices 

Metropolitan Projects

- MRVC to carry out feasibility study for construction of faster corridors on CSTM – Panvel and Virar-Vasai-Diva-Panvel sections.

- Work to be taken up facilitating running of 12-car rakes on Harbour line.

- Financial modeling of the elevated rail corridor from Churchgate to Virar firmed up with Government of Maharashtra through PPP mode.

- A pre-feasibility survey for a similar corridor between CST and Kalyan proposed.

Connectivity to neighbouring countries

- Construction of Jogbani-Biratnagar and Jaynagar-Bijalpura-Bardibas new lines already in progress to provide connectivity to Nepal.

- Project to connect Agartala with Akhaura in Bangladesh to be taken up in 2012-13.

 

Rail Based Industries

- A wagon factory to be set up at Sitapali (Ganjam District of Odisha).

- A rail coach factory with the support of Government of Kerala to be set up at Palakkad; two additional new manufacturing units for coaches to be established in the Kutch area in Gujarat and at Kolar in Karnataka with active participation of the State Governments.

- A plant for manufacture of traction alternators for high horse power diesel locomotives to be set up at Vidisha in Madhya Pradesh.

Budget Estimates 2012-13

- Passenger growth - 5.4%.

- Gross Traffic Receipts - Rs1,32,552 cr i.e. 27.6% increase over RE, 2011- 12

- Ordinary Working Expenses - Rs84,400 cr.

- Dividend payment estimated at Rs6,676 cr.

- loan of Rs3,000 cr taken in 2011-12 to be fully repaid along with interest.

- Operating Ratio estimated at 84.9%

Thanks & Regards,
Swapnil Tambe.
9819628182 .