Rail Budget 2015- 16 | Highlights | Current Affairs

Sunday, March 1, 2015

Railway Budget 2015- 2016 was presented on 26th February, 2015 by Hon'ble Railways Minister Mr Suresh Prabhu.

Salient features of the Rail Budget are as follows:
  • Rs.8.5 lakh crore will be invested in Railways in next 5 years.
  • No increase in passsenger rail fares.
  • Bio toilets and airplane-type vaccum toilets in trains.
  • 'Operation 5 mins', wherein passengers travellling unreserved can purchase a ticket in 5 minutes.
  • Surveillance cameras in select coaches and ladies compartments for women's safety without compromising on privacy.
  • Facility of online booking of wheelchair for senior citizens.
  • Rail tickets can now be booked 120 days in advance.
  • Speed on nine railway corridors to go up to 200 km per hour.
  • Wi-Fi in more stations, mobile phone charging facilities in all train compartments.
  • Satellite railway terminals in major cities.
  • Centrally managed Rail Display Network is expected to be introduced in over 2K stations over the next 2 years.
  • All india 24/7 helpline - 138 from March 2015 ; Toll free No.182 for security.
  • 917 road under-bridges and over-bridges to be constructed to replace 3,438 railway crossings; at a cost of Rs. 6,581 crore.
  • Four Railway Research Centres to start in four universities.
  • Fast-track sanctioned works on 7,000 kms of double/third/fourth lines
  • Commissioning 1200 km in 2015-16 at an investment of Rs. 8,686 crore, 84% higher Y-O-Y
  • Award of 750 km of civil contracts and 1300 km of system contracts in 2015-16 on Dedicated
  • Freight Corridor (DFC); 55 km section of Eastern DFC to be completed in the current year.
  • De-congesting networks with basket of traffic-generating projects will be the priority
  • Priority to last-mile connectivity projects
  • Commissioning 800 km of gauge conversion targeted in current fiscal.
  • 77 projects covering 9,400 km of doubling/tripling/quadrupling works along with electrification, covering almost all States, at a cost of Rs. 96,182 crore, which is over 2700% higher in terms of amount sanctioned.
  • Traffic facility work is a top priority with an outlay of Rs. 2374 crore .
  • Preliminary engineering-cum-traffic survey (PETS) for four other DFCs in progress.
  • Acceleration of pace of Railway electrification: 6,608 route kilometers sanctioned for 2015-16, an increase of 1330% over the previous year.

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