Highlights of Railway Budget 2012 by Denesh Trivedi

Denesh Trivedi presented his first Rail Budget. He had become Rail Minister on 12th July, 2011. He delivers a short speech on the Rail Budget 2012. He emphasized on safety, modernization and brining down operating profits. He admitted that Indian Railway is passing through the difficult phase. He emphasized on strengthening railway. He promised that his target is zero death by strengthening safety. He received 5741 requests from various states to improve the condition of railway. He promised to make Indian Railway the best in the world with sparking services. He said that funding is an issue for Indian railway and there is need to be resolved it collectively.

Rail Budget 2012 focuses on passenger amenities basically. SMS will be valid for e-ticket. Railway ward named after Bankim Chandra Chattopadhyay introduced in Railway Budget 2012.

There will a quantum jump in 12th plan. To set up railway safety authority was the main focus in Rail Budget 2012. Dinesh Trivedi talked about Level Crossing Committee too in Railway Budget 2012.

Highlights of Rail Budget 2012 focus on the main topic only. There are many other things to be understood about Rail Budget 2012-13.

Rail Budget 2012 highlights mainly focus on a great hike in passenger fares. It is really a big burden on common man. Passenger fares hiked after 10 years. Despite it, hike is very remarkable in the highlights of Rail Budget 2012.

Highlights of Railway Budget 2012-13:
To set up independent railway safety authority
Rs. 5.60 lakh crore to modernize railway
Kakodar Committee to be followed by Indian railway for safety
Indian Railway has 487 pending projects
Indian Railway needs 14 lakh crores in coming 10 years
Indian railway to invest 3.5 lakh crores during 12th plan
Anil Kakodar to head Rail Safety Committee
Rs. 60000 crore is the annual plan outlay during 2012-13
Need Indian Railway to grow 10% annually
19000 km of track to be upgraded
Automatic signal warning system to be introduced to reduce accidents
Signaling system to be modernize
Newer Locomotive and Wagons to be introduced
To redevelop 100 stations, comparable to airports
160 kmph to be standard speed for all trains
Coach Complex and Terminal in Navi Mumbai
30% of plan outlay of modernizing signal system
Longest tunnel through Pir Punjal range at 11 km
39110 crore to be modernize
Station maintenance on PPP basis
114 new line surveys to be carried out
825 km of gauge conversion to be completed
85 new line projects to be introduced
All unmanned crossing to be abolished in 5 years
Shyamnagar to set up rail factory
Vidisha to set up Diesel Engine Factory
Wheel factory of Chhapra to be started
Coach factory of Raibareli to be started
Rail Bandhu Magazine to be introduced in Satabdi, Rajdhani and Duronto
RPF in 3500 trains
NID to help in improvise design to help passengers
Specialized hyzine, house keeping body to set up
One coach in each train for differently-abled
High speed train corridors to be started
Global tender for catering services
5 railway sports person to be qualified for Olympics
Rail Khel Ratna for Railway sportsman
Wellness program for railway staffs
More than 1 lakh recruitment in railway during 2012-13
Last year about 80000 employees were recruited in railway
Two bodies to be introduced – PPP Marketing and PPP Safety
75 new express trains
21 new passenger trains
75 new local trains in Mumbai
18 new local trains in Chennai
Number of passenger expected to grow up 5.4%
Passenger earning to go up by 28360 crore
2300 crore shortfall in revenue during the year
2 paisa/km hike in 2nd class fares
5 paisa/km hike in sleeper – mail-express
10 paisa/km hike in AC-3
15 paisa/km hike in AC-2
30 paisa/km hike in AC-1