Zee Media Bureau/Reema Sharma
New Delhi: Presenting his maiden interim Rail Budget 2014 in the Lok Sabha, Railway Minister Mallikarjun Kharge on Wednesday announced the launch of 17 new premium trains, 39 express trains and ten passenger trains.
Kharge also announced starting of more high-speed and left both the passenger as well as the freight fares unchanged.
Continued slogan-shouting and disorderly behaviour by Andhra Pradesh MPs over the creation of Telangana had cut short Kharge's speech following which Parliament was adjourned.
Railway Minister said an independent Rail Tariff Authority is being set up to rationalise fares and there was a proposal to expand dynamic pricing of tickets in line with the airline industry.Key HighlightsNew Services/ New Trains17 Premium trains 39 Express trains10 Passenger trains4 MEMU 3 DEMU High Speed TrainsJoint feasibility study by India and Japan for Mumbai – Ahmedabad Corridor to be co-financed by Japan International Cooperation AgencyBusiness Development Study by SNCF for Mumbai – Ahmedabad corridorSemi- High Speed ProjectsExploring low cost option of speeds 160- 200 kmph on select routes
Revenue Freight Traffic
Loading target of 1047 Million Tonnes for 2013-14 would be surpassedEmpty Flow Discount Scheme to be implementedCarrying Capacity + 9 tonne + 1 tonne routes being plannedEasing of some restrictions on movement of imported commodities through Containers Carrying capacity of 20 feet containers increased by 4 tonnesParcel Terminals & Special Parcel Trains with scheduled timingsNew policy on parcels to encourage transportation of milkNew concept of ‘hub and spoke’ for parcel businessThird party warehousing in Special Parcel Terminals envisagedOther HighlightsMeghalaya set to come on rail map as part of extension of network in the Northeastern statesPremium AC Spl train in Delhi-Mumbai sector with shorter advance reservation period and dynamically varying premium over tatkal fareRailways meet from own resources total additional impact of Rs one lakh crore because of 6th Pay CommissionIndependent Rail Tariff Authority set up to advise on fixing of fares and freight, to engage all stakeholdersAnnual Rail Plan envisaged at Rs 64,305 crore with a budgetary support of Rs 30,223 croreFDI being enabled to foster creation of world-class rail infrastructure; several PPP projects in pipelineRail infrastructure by cost sharing with govts of Karnataka, Jharkhand, Andhra Pradesh and HaryanaRail Land Development Authority has raised Rs 937 crore so farOperating ratio likely to be 90.8 per cent; Railways will end current year with surplusRail Minister proposes to expand dynamic pricing of rail fares on "larger scale"Passenger rail service to Katra and Vaishnodevi to start shortlyTrains to display info on next stations, arrival timesMore Jan Ahaar outlets, escalators at stationsUpgradation scheme extended to AC Chair Car and Executive Chair car passengersRailways to encourage transportation of milkSteps to reduce running of empty freight carriagesBio-toilet facility to be provided in more trains
First Published: Wednesday, February 12, 2014, 14:31