Railway Budget 2016, Presented by Hon’ble Railway Minister Mr. Suresh Prabhu
Following are the Key 100 highlights:
1.No hike in railway fares, No passenger fare hike, no new trains announced.
2.Railways to generate employment of 14 crore man-days in 2018-2019.
3.Railways to double investment to Rs 1.2 lakh crore for FY17.
4.Suresh Prabhu targets operating ratio of 92% for FY17.
5.Railway revenue growth pegged at 10.1% in FY17.
6.Railways to generate revenue to the order of Rs 1,84,820 crores.
7.Indian Railways will generate employment of 14 crore man-days in 2018-'19.
8.Propose to electrify 2000 km next year, increased electrification budget by 50%.
9.17,000 bio toilets in trains & additional toilets in 475 stations will be provided before close of this financial year.
10.New locomotive factories to be set up with order book of Rs 40k-cr.
11.Wi-Fi at 100 railway stations this year and 400 next year.
12.Introduced 1,780 ticket-vending machines.
13.Drones to be used for remote monitoring of ongoing projects.
14.Over 65,000 berths added via new coaches; 17,000 more bio-toilets by FY16.
15.Enhanced capacity of e-ticketing system from 2000 tickets/min to 7,200/min.
16.To introduce National Rail Plan to harmonise network & set up a new R&D organisation.
17.Broad gauge line building target at 7 km/day.
18.There is an increase in seat quota this year; 50% up for senior citizens.
19.Swacch Bharat: 17,000 bio-toilets and additional toilets to be provided by end of this Fiscal Year.
20.Mumbai: elevated corridors churchgate-virar&cst-panvel to be interconnected with metro.
21.Coolies will now be called so anymore. We want to call them 'sahayak'.
22.Special focus on exploring advertising options, will evolve models to identify revenues for advertising potential.
23.India's first rail auto hub to be introduced in Chennai.
24.Railways to increase lower berth quota for senior citizens by 50%.
25.Enhanced capacity of e-ticketing system to 7,200/min.
26.To introduce a sub-quota of 33% for women in each of reserved categories.
27.Will partner with state Govt for suburban system in Tech Hub of Bengluru.
28.Railways to provide 2-month internship to 100 students across engineering and MBA colleges.
29.Gangmen to carry wireless instrument #Rakshak that will notify them about approaching trains.
30.44 new projects of 5300 km valuing Rs 92714 crore will be launched.
31.Railways intends to focus on exploring advertising options, will evolve models to identify revenues for advertising potential.
32.Women-friendly Rail Budget: Prabhu introduces kids menu, baby food & hot water for benefits of travelling moms.
33.introduces Humsafar Express - full air-conditioned third AC service with an operational services for meals.
34.To introduce Tejas, this will showcase the future of train travel in India with operating speeds of 130kmph and above with world-class on board services.
35.Railways to introduce Utkrisht double-decker air-conditioned Yatri (Uday) express with increased carrying capacity of almost 40%.
36.Unreserved travel coaches to be introduced.
37.Railways to introduce "Clean My Coach" service through SMS.
38.Railways to add 2-4 DeenDayalu coaches in some long distance trains for unreserved travel with portable water & more mobile chargers.
39.Railways to introduce barcoded tickets.
40. 2000 kms of line electrification proposed in the budget is expected to increase demand for power in 2016-17. The sector is facing subdued demand growth.
41.Railways to provide 2-month internship to 100 students across engineering and MBA colleges.
42.E-catering services will be increased from 40 stations now to over 400 stations.
43.Railways announces expansion of Vikalp- train on demand to provide choice of accommodation in specific trains to wait-listed passengers.
44.Railways to tie up with Ministry of Health for ensuring an exchange between railway hospitals and government hospitals.
45.Fully unreserved superfast trains coming on heavy traffic routes.
46.Suresh Prabhu proposes to reorganise the Railway Board and suitably empower the Railway Board Chairman.
47.Railways intends to focus on exploring advertising options, will evolve models to identify revenues for advertising potential.
48.Railways will run Asha circuit trains to connect important pilgrim centres in the country.
49.To capture automobile traffic, railways will soon inaugurate India's first rail auto hub in Chennai.
50.Railways working with insurance companies to offer travel insurance.
51.Soft skill training to be provided to 'Coolies' who will now be called 'Sahayaks'.
52.Setting aside Rs. 50 crore for providing innovation grants to start-ups.
53.Special purpose vehicle for the Ahmedabad-Mumbai high speech corridor registered this month.
54.More than 1 lakh telephone calls are made everyday to seek inputs from passengers.
55.Indian Railways to surpass ambitious target of commissioning 2500 kms of broad gauge lines, almost 30% higher than last year.
56.Finalised bids for setting up 2 locomotive factories. New factories to be set up with an order book of Rs. 40,000 crore.
57.By 2020, we'll have time-tabled freight trains.
58.Generate 9 crore man-days employment by 2017-18 and 14 crore man-days by 2018-19.
59.Commission broad gauge lines at the rate of 7 km per day against 4.5 km over last five years.
60.Will also add two to four Dayalu coaches in some long distance trains for unreserved travel with facility for potable drinking water and a higher number of mobile charging points.
61.Introduced Humsafar Express - full air-conditioned third AC service with an operational services for meals.
62.Railways Vision 2020: Time tabled freight trains with credible service commitments
63.Time tabled freight trains with credible service commitments.
64.Aim to generate 10-20% of Revenues from non-tariff sources over next 5 yrs by monetising assets.
65.Will evolve models to determine revenue potential of at least 20 stations in next 3 months.
66.To capture the automobile traffic, will soon inaugurate India's 1st Rail Auto hub in Chennai.
67.400 railway stations to be equipped with WiFi.
68.Container sector would be opened to all traffic barring coal & specified mineral ores; part-loads would be permitted during non-peak season.
69.At least 10 goods sheds will be developed by TransLoc in 2016-2017. Proposed to develop rail side logistics parks & warehouses.
70.Ongoing metro works of around 100 kms in Kolkata, would quadruple the installed capacity. Phase I to be completed by June 2018.
71.To help mother, baby foods, hot milk and hot water would be made available on stations.
72.e-booking of tickets facility on the concessional passes available to journalist.
73.Introduced 1780 automatic ticket vending machines, mobile apps &GoIndia Smartcard for cashless purchase of UTS & PRS tickets.
74.17000 bio-toilets in trains and additional tiolets at 475 stations will be provided. World's 1st bio-vaccum toilet was developed by Railways.
75.Enhanced capacity of e-ticketing system from 2000 tickets/ min to 7200/ min to support 1.2 lakh.
76.online booking of wheelchairs and Braille enabled new.
77.One-time registration for availing concessions while booking tickets.
78.Reserved middle bays in coaches for women security.
79.17 consented & 6 MoUs signed with state govts. 44 new partnership works covering about 5300km have been indicated.
80.Delegation led to compression of project sanction time to 6-8 months from 2 yrs earlier.
81.44 new projects of 5300 km valuing Rs 92714 cr.
82.Intend switch over to paperless contract management system where bids will be invited online and tender will be awarded electronically.
83.Finalised bids for two Loco factories with an order of about Rs 40 cr.
84.Better connectivity to the Northeastern states is of utmost priority.
85.Rs. 8.5 lakh crore to be spent over 5 years for modernization of railway infrastructure.
86.Expect revenue growth of over 10% this year.
87.Companies owned by Railways to come under a holding company.
88.Two dedicated freight corridors by 2019.
89.Rail University to be established at Indian Railway Academy at Vadodara.
90.Like flights, there would be hostesses on the train and catering will also match the standard of airliners.
91.Introduction of SMART coaches - better customer experience, high carrying capacity and lower costs.
92.No new trains introduced.
93.Railways Vision 2020: Time tabled freight trains with credible service commitments.
94.Target to commission 1000 MW of solar capacity in next 5 years.
95.Vision 2020 unveiled by Prabhu: Reserved accommodation on trains being available on demand.
96.Will evolve models to determine revenue potential of at least 20 stations in next 3 months.
97.Aim to generate 10-20% of Revenues from non-tariff sources over next 5 years by monetising assets.
98.Will lease out huge tracts of land available adjacent to our rail network to promote horticulture and tree plantation.
99.Will evolve models to determine the revenue potential of at least 20 stations in the next three months. In all, we target to increase the advertising revenues by more than four times the current revenue.
100.Will partner with Gujarat, Telangana and Tamil Nadu for developing suburban systems in Ahmedabad, Hyderabad and Chennai by innovative financing mechanism
101.Appeal to all state governments to stagger office timings to ease peak traffic load on suburban train services.
Thursday, 25 February 2016
Railway Budget 2016 Important points for exams
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