Railway Budget 2013-14 – Highlights & lowlights – New Trains and budget amount

PK Bansal shall announce railway budget 2013-2014 in March 2013.

Highlights of 2013-14 Railway Budget

New trains shall be announced in Railway budget 2013-14 but not sure what they will be?

67 new express trains, 27 passenger trains and 8 DEMUs 

The following trains shall, tentatively, be announced for this year during the budget announcement.

  • Andhra Pradesh – New Train
  • West Bengal - New Trains
  • Karnataka, Bangalore – 1 Train
  • Bihar
  • New Delhi
  • Mumbai, Maharastra
  • Kolkota
  • Kerala
  • Tamil Nadu

Railway Budget 2013-14 (2014) Speech by Railway Minister Bansal for the financial year 2013-14

Railway Minister PK Bansal shall announe railway budget for the year 2013-14. Many states have their wishlist and the central govt. is trying to fit the wish-lists as much as possible in this railway budget.

News on Railway Budget 2013-14

  • Railway Budget 2013-14 Live, by Railway Minister Pawan Kumar Bansals debug Budget

    Highligts:

    67 new express trains, 27 passenger trains and 8 DEMUs 

    88 more local locomotives (MMTS).

     

    Railway Minister Pawan Kumar Bansal presented his maiden railway budget 2013-14 speech in  the Parliament.  

     Railways is powerful vehicle driving the growth of the country: PK Bansal

    Steep increase in input costs (like Diesel price hike etc.) have been met with hike in Freight rates: PK Bansal

    Rs 1 lakh crore will be raised from public-private partnership, Rs 1.05 lakh crore from internal resources in the 12th Plan. Rs. 95,000 crore has been the shortfall last year, meeting this shortfall will mean a paradigm shift. There has been significant drop to 1/3 in train accidents. Presence of women in RPF to go up to 10% – that will be reservation for women in RPF.

    Railways to set up six more Rail Neer bottling plants. Identification of 104 stations for upgradation in places with more than one million population and of religious significance. Railways is aiming to eliminate 31,846 level crossings with flyovers. Fire extinguishers will be kept in all guard vans in every train.

    Seventeen bridges were identified for repair. Railway committed to bring marked change in passenger amenities 

     e-ticketing via mobile phones  - free wi-fi in select trains.

    SMS alert service being rolled out shortly to update passengers about reservation status.  Railways will start using Aadhar data base for bookings and validation of passengers  

    Special A/C coaches ‘Anubhuti’, to be introduced in select Shatabdi and Rajdhani trains to give excellent ambience with commensurate fare  

    Internet booking to be strengthened with next-generation e-ticketing system to eliminate delays  

    23 hours Internet booking will be provided from 00:30AM to 11:30 PM.  

    Railways set to enter 1 billion ton freight club of China, Russia and US 

    Allocation of Rs 1,000 crore each made for railway land development authority and railway station development authority. 

    Rs 9000 crore investments expected including Rs 3,800 crore in port connectivity and Rs 800 crore in iron ore mines connectivity 

    New coach manufacturing and maintenance facilities to be set up in various places including Rae Bareli, Bhilwara, Sonepat, Kalahandi, Kolar, Palakkad and Pratapgarh 

    47,000 vacancies for weaker sections and physically challenged to be filled up soon 

    Railway Energy Management Company to be set up to harness solar and wind energy 

    Indian Railway Institute for Financial Management to be set up at Secunderabad to train rail officers on a regular basis 

    Rs 3,000 crore loan from Finance Ministry re-paid with interest by Railways this financial year. 

    Modest 5-6% hike in passenger fares will add to corpus, and translate into better amenities 

    No fresh hike in passenger fares  

    Marginal increase in cancellation, reservation charges  

    Freight target fixed at 1,047 MT for 2013-14, 40 MT over the current year 

    Freight earning to grow by 9 per cent to Rs 93,554 crore. 

    Railways to set up a Debt Service Fund 

    Rs.100 crore for improving stations in New Delhi 

    Railway hopes to end 2013-14 with a balance of Rs 12,506 crore 

    5.2 per cent growth in passenger traffic expected in 2013-14 

    Operating ratio expected to improve to 87.8 per cent in 2013-14 from 88.8 per cent in the current fiscal 

    Planned investment of Rs 63,363 crore for 2013-14, including Rs 600 crore from PPP route 

    Railway revenues to show a balance of Rs 12,506 crore in 2013-14 

    Diesel price hike added Rs 3,300 crore to fuel bill of Railways 

    Dynamic fuel adjustment component to be introduced on freight rates from April one, that will result in less than five per cent increase in rates 

    An independent Rail Tariff Authority has been formalised 

    72 additional suburban services in Mumbai and 18 in Kolkata 

    Electrification of 1,200 km to be completed this year 

    Dividend has been reduced from 5 to 4 percent 

    Operating ratio of 88.8%successfully achieved 

    Railway Minister, Pawan Kumar Bansal concluded his railway budget 2013-14 speech.

  • Balanced Railway budget – Bansal says!

    India’s Railway minister Bansal said that Railway budget of the year 2013-14 shall be balanced and equal importance shall be given to all regions of India. Bansal also stressed that he doesn’t show partiality to any region.

  • Odisha now wants ₹3,050 crore of railway budget allocation in 2013-14

    Odisha Transport minister Subrat Tarai said “A committee of the assembly led by Speaker P K Amat will submit the memorandum in this regard to Prime Minister Manmohan Singh and Railway Minister Pawan Kumar Bansal next month. The House panel has prepared a list of projects which required urgent attention”
    He also said “This apart, we will also demand establishment of a multi-model logistic park at Kalinga Nagar and filling of all technical posts in East Coast Zone in order to expedite activities”

Mamata Benerjee’s Budget Speec 2012-13


Railway Budget 2011-2012 – Part II

Railway Budget 2013-214 – Part III

Railway Budget 2014 News

New Trains for 2013-14

The budget amount for 2013-2014 railway budget is 50000 Crores and there are several new trains announced, and most of them are starting from West Bengal.