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Railway Budget 2014 cut short due to adjournment

Kharge lays document on table as four Seemandhra ministers disrupt proceedings

BS Reporter Mumbai
Last Updated : Feb 12 2014 | 12:59 PM IST





















 
The Railway Budget was cut short as Parliament was adjourned due to disruption by four Seemandhra Minister. Here are some of the key announcements that Railway Minister Mallikarjun Kharge made before putting the document down on  the table

FY15 gross traffic receipts pegged at Rs 1.16 lakh crore

FY15 annual plan at Rs 64,300 crore

FY15 pension outgo seen at Rs 27,000 Cr Vs Rs 24,000 Cr (YoY)

Rail Tariff Authority set up to advise on fixing of fares and freight, to engage all stakeholders

Railways meet total additional impact of Rs 1 lakh crore due to 6th Pay Commission from own resources

FY15 internal resources pegged at Rs 10,418 Cr; Rail Land Development Authority raised Rs 937 Cr so far

Expansion of railway connectivity in the north-east is on track; Arunachal, Meghalaya to be connected soon

Dedicated Eastern and Western freight corridor soon, 510 Km long rail link for the North East

To introduce 17 new premium trains, 38 express trains

Premium AC special train in Delhi-Mumbai sector with shorter advance reservation period and dynamic fares

FDI being enabled for world class Rail Infrastructure

To survey 19 new lines, 5 line doubling in FY15

Budgetary support for FY15  annual plan at Rs 30,200 cr

Rail Vikas Nigam to borrow  Rs 1,000 cr from market in FY15

FY15 freight loading target at 1,101 mt vs 1,052 mt (yoy)

More high-speed trains on the cards

Railways losing half per cent market share each year

Kharge seeks Budgetary resources of Rs 19,800 cr for FY15

Completed doubling guage of 2,027 km of railway lines vs 2,000 km target

Electrification of 4,500 km planned, surpassed that to achieve 4,556 km

Have successfully met recommendations of the 6th pay commission

Dedicated Freight Corridor to cut transit time by half

Expect to run service up to Katra Vaishno Devi soon: Kharge

Have developed 2,700 km of new railway lines

Met extra expenditure through internal accruals

Banihal link a boon for residents of that area

Railways provide low-cost connectivity to all parts of India

Seeks approval for spending in first four months of FY2015

Railway Minister Mallikarjun Kharge commences with the presentation of UPA-II's last Railway Budget

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First Published: Feb 12 2014 | 12:18 PM IST

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