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HIGHLIGHTS OF THE RAILWAY BUDGET

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BS Reporter Mumbai

First fare hike in 8 yrs:-  For AC 3 tier- 10 paise per km, AC 2 tier- 15 paise per km, 2nd class- 3 paise per km, First class AC 30 paise per km; suburban fares up 2 paise per km; Platform ticket up from Rs 3 to Rs 5

Railways paid dividend of over Rs 5,600 cr despite difficult finances
 
Freight earning at Rs 89,339 cr for FY 13
 
Loading targets cut due to ban on iron ore exports
 
Gross traffic receipts of Rs 1,32,552 cr as eyed in FY13
 
Revised earning estimates at Rs 28,800 cr
 
2,100 special coaches manufactured to meet needs of handicapped; aim to provide one such coach in each express train, all Garib Raths to have one coach for differently abled
 
Green toilets to be installed in 2,500 coaches in next one year

 

Rail stocks:- Bharat Earth Movers Limited (BEML), up 0.6% at Rs 685

Rail stocks:- Kernex Microsystems, flat at Rs 92.15

75 new express trains to be introduced.

No steep increase in fare.

All Garib Rath trains to have 1 AC coach for differently abled people.

Railways to replace open discharge toilets with green toilets.

Government has given a loan of Rs 3,000 cr to the Railways to meet the urgent need of safety.  The loan carries an interest of 8.55%. He promises to repay the loan in 2013 itself.

Rail stocks:- Kalindee Rail Nirman (Engineers), (down) 3.3% at Rs 109

Rail stocks: Transformers and Rectifiers (India) LTD. up 13% at Rs 200

Wait-listed passengers to get alternate train reservations

Improvement of passenger amenities to cost Rs 1,112 cr; regional cuisines to be introduced
 
Proposes E-auctions to smoothen procurement
 
114 new line surveys to be undertaken during 2012-13
 
21 new passenger and 75 new express trains to be launched

85 new line projects to be taken up during 2012-13

Corrosion from night soil discharged from toilets on tracks costs Rs 350 cr a yr

Rail Stocks: Texmaco Rail, down 5.13%

Wagon unit to be set at Sitapali in Ganjam district of Orissa

Project to connect Agartala (Tripura) with Akhaura in Bangladesh to be undertaken in 2012-13

75 new services on Mumbai suburban network 

Proposes to set up 50 new train in Kolkata.

SMS on mobile phones to be accepted as a valid id proof.

Proposes to Restructure the Railway  Board.

Railways to install security systems at 202 stations

In 2011, 80,000 people were recruited to fill the vacancy and in 2012, more than 1 lakh to be recuited and it will clear the backlog.

Proposes to set up Rail Khel Ratna award for outstanding sportspersons

Over 900 stations to be upgraded
 
Satellite-based real-time information system in place, accessible on email, mobile

Logistics Corporation committee to be formed,  to provide logistic solution to rail users.

2,500 coaches to be provided with bio toilets.

2 new coach mfg units proposed
 
Plan to provide rail connectivity to Nepal and Bangladesh
 
Tied up World Bank funding for Dedicated freight corridor
 
PPP needed as government funding is inadequate

Rail stocks:- Titagarh Wagons, down 4.6% at Rs 410

Rail stocks:- Stone India, down 4.3% at Rs 33.25

Rail stocks:- Kalindee Rail Nirman (Engineers), (down) 4.2% at Rs 107

Introduction of Alternate Train Projects,to implement electronic transmission.

Specialised house keeping body, the standard of hygiene and cleanliness to be improved at the station in the next 6 months.

Railways must posses disaster management. Plan to set up a training centre for the disaster management at 3 places.

Security has been the prime concern for the Railways.

Introduction of Alternate Train Projects,to implement electronic transmission.

Rail stocks:- Transformers and Rectifiers (India) LTD. up 2.3% at Rs 181

Rail stocks:- Hind Rectifiers, down 3% at Rs 45.90

Working on public-private partnership for elevated Churchgate-Virar corridor
 
Meter gauge, narrow gauge sections to be converted to broad gauge by end of 12th plan
 
To set up elevated suburban corridors in Navi Mumbai
 
New lines to be set up for Kolkata Metro
 
Mumbai Railway Vikas Corp completed MUTP Phase 1, Phase 2 is under process
Rail stocks:- Kalindee Rail Nirman (Engineers), (down) 3.6% at Rs 108

Rail stocks:- Texmaco Rail and Engineering, down 5.27% at Rs 67.45

To complete 45 new lines in FY13.

Proposes to complete 825 kms of gauge conversion projects

Lot of pending projects with the Railways.

Rail stocks: Kernex Microsystems, flat at Rs 91.95

Doubling of lines of 750 km to be completed in FY12-13.

Conversion of DC to AC to be completed in Central Railways.

Rail stocks:- Bharat Earth Movers Limited (BEML), flat at Rs 680

Urges state government to grant free land for the implementation of new lines.

Rail stocks:- Titagarh Wagons, down 4.8% at Rs 409

Rail stocks:- Stone India ,down 5.3% at Rs 32.90

To allocate 100 stations via PPP in next 5 years.

Poised to achieve more than 4,500 k, of electrification in 11th plan, targets 6,500 km in 12th plan

Rail stocks:- Transformers and Rectifiers (India) LTD. up 1.95% at Rs 180

Rail stocks:- Hind Rectifiers down 2.5% at Rs 46

Plans to introduce GPS in Railways

825 km of guage conversion projects expected to be converted next year

Allocation of Rs 6,700 cr made under new line plan

To launch double decker container trains
 
Total cost of signalling for five years pegged at Rs 35,000 cr

Market borrowing through IRFC at Rs 50,000 cr needed in 2012

To spend Rs 63,212 cr on track modernisation in 5 years

Railways should contribute 2% of GDP from present 1%

To allocate Rs 4,410 crore on capacity augmentation work.

New coaching complex in Panvel.

To facilitate running to heavier trains.

Travel time from Delhi to Kolkata will get reduced from 17 hours to 14 hours.

Introduction of new wagons and auto car are planned.

Investment  in rolling stocks to be Rs 18,183 crore next yr and Rs 1.71 lakh cr in 5 yrs.

Rail stocks:-Bharat Earth Movers Limited (BEML), flat at Rs 683

Rail stocks:- Kernax Microsystems, up 0.76% at Rs 93.10

Rail stocks:- TEXMACO RAIL & ENGINEERING down 2.74% at Rs 69.25

Rly Minister says there are 3,000 demands for enhancing amenities, 646 for new trains

Targets passenger speed of 160 km an hour

Plan to modernise 19,000 km through renewals.

Rail stocks:- Kalindee Rail Nirman (Engineers) (down) 2.72% at Rs 109

Rail stocks:-TRANSFORMERS AND RECTIFIERS (INDIA) LTD. up 1.95% at Rs 180

Seeks Rs 2.5 lakh cr as budgetary support from govt for 12th plan
 
Eyes Rs 14 lakh cr over next 10 years for funding projects
 
Want to target zero deaths due to railway accidents
 
Special projects for North East and Jammu & Kashmir
 
We need national investment to make Indian Railways the best in the World.

Wishes to fullfill each and every demand of the Member of the Parliament.

Plans to bring down operating ratio to 84% by FY14 from current level of 95%

Railways to plough back dividend of Rs 20,000 crore into modernisation.

Sam Pitroda to head Railway modernisation plan.

Gross budgetary support of Rs 7.35 lakhs crore for Railways

Anil Kakodkar to head rail safety panel.

487 projects have already been approved and most of the project unless supported by government can't be completed on time.

Plan to eliminate all unmanned crossings in the next five years.

Proposes Railway Safety Fund of Rs 16,800 crore

Railways must attract atleast 10% of the government investment plan.

Proposes on implementation and modernisation.

Plan to do away with all unmanned crossings in next five years
 
SPV set up to prevent mishaps at unmanned railway crossings
 
More than 40% of accidents involving 60-70% casualities occur at unmanned crossings

Propose to set up an independent Research and Development Council .

Emphasises on  "safety, safety and safety" of Indian Railways, better infrastructure. Propose to set up an independent Railway Authority

Dinesh Trivedi begins his maiden Budget in the Parliament.

Railway Minister Dinesh Trivedi has reached Parliament, will present Rail Budget at noon. 

He had earlier hinted that the Budget will be people oriented.

Railway stocks gain ahead of the Budget.

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First Published: Mar 14 2012 | 1:50 PM IST

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