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{/googleAds} Measures for improving Safety & Security

· No unmanned Level Crossing. A total of 5,400 unmanned level crossings eleiminated – 2,310 by manning it and 3,090 by closure / merger / construction of ROBs or RUBs.

· Improved audio – visual warning to road users in advance of approaching trains.

· Induction of indigenously developed Train Collision Avoidance System

· Development of ‘crashworthy’ coaches

· In last five years, offering employment to over one lakh persons in Group C categories and to 1.6 lakh persons in erstwhile Group D categories.

· Provision of Vigilance Control Device in all locomotives

· Various measures to prevent fire incidents on trains –

Ø Fire retardant materials

Ø Multi-tier protection for electric circuits

Ø Portable fire extinguishers in coaches

Ø Induction based cooking to replace LPG in pantry cars

Ø Intensive checks against explosives and inflammable materials.

Financial Health

· Rail infrastructure by cost sharing arrangement with State Governments; Karnataka, Jharkhand, Maharashtra, Andhra Pradesh and Haryana agreed to several projects.

· Several Public Private Partnerships (PPP) projects are in the pipeline.

· FDI being enabled to foster creation of world-class rail infrastructure.

· Rail Land Development Authority raised Rs 937 crore so far.

Modernisation and Technology Induction

· High Speed Trains

Ø Joint feasibility study by India and Japan for Mumbai – Ahmedabad Corridor to be co-financed by Japan International Cooperation Agency.

Ø Business Development Study by SNCF for Mumbai – Ahmedabad corridor.

· Semi- High Speed Projects

Ø Exploring low cost option of speeds 160- 200 kmph on select routes

Green Initiatives

· Railway Energy Management Company becomes functional. Windmill and solar power plants to be set up with 40% subsidy from Ministry of New & Renewable Energy.

· 200 Stations, rooftops of 26 buildings and 2,000 level crossing gates to be covered.

· Railways bagged 22 out of 112 awards given by the Government.

· ‘Green Curtains’ along the track close to major stations; Pilot work at Agra and Jaipur

· Coverage of Bio-toilets in 2,500 coaches and would be increased progressively.

Passenger Friendly Initiatives

· Overwhelming public response to e-booking of ticket

· On-line tracking of exact location and running of train movements

· 51 Jan-Ahaar outlets for Janta Meals ; 48 passenger escalators commisionsed at stations and 61 more being installed ; air-conditioned EMU services in Mumbai from July 2014 ; information display system in important trains to indicate stations & arrival time.

· ‘Upgradation’ scheme extended to AC Chair Car and Executive Chair car passengers.

Demand Management through Dynamic Pricing

· Premium AC Special train introduced in Delhi – Mumbai Sector with shorter advance reservation period and dynamically varying premium over tatkal fare.

Enhancing Market Share

· Clearing missing links in Carrying Capacity + 8 tonne routes; freight train speeding ; upgradation of rolling stock ; increasing length of trains ; tariff and incentive schemes to encourage traffic to rail and minimizing empty running.

Rail Tariff Authority

· Independent Rail Tariff Authority set-up to advise on fixing of fares and freight, to engage all stake-holders

Information Technology

· Initiatives taken include – proliferation of cash accepting Automatic Ticket Vending Machines ; ticketing on mobile phones in unreserved segments ; system update on PNR status; online booking of retiring rooms at important stations ; online booking of meals for selected en-route stations ; introduction of e-forwarding note and electronic transmission of railway receipts for freight customers.

Revenue Freight Traffic

· Loading target of 1047 Million Tonnes for 2013-14 would be surpassed

· Empty Flow Discount Scheme to be implemented

· Carrying Capacity + 9 tonne + 1 tonne routes being planned

· Easing of some restrictions on movement of imported commodities through Containers

· Carrying capacity of 20 feet containers increased by 4 tonnes

· Parcel Terminals & Special Parcel Trains with scheduled timings.

· New policy on parcels to encourage transportation of milk.

· New concept of ‘hub and spoke’ for parcel business

· Third party warehousing in Special Parcel Terminals envisaged.

Financial Performance 2012-13

· Loading of 1,008 Million Tonnes surpassed the R.E. target of 1,007 Million Tonnes

· Paid full dividend Rs 5,389 crore to General Exchequer

· 90.2% Operating Ratio in 2012-13

· Repayment in full with interest of Rs 3,000 crore loan from the Government

· Railway Fund Balances of Rs 2,391 crore

Financial Performance 2013-14

· Loading Target raised to 1,052 Million Tonne from B.E. 1,047 Million Tonne.

· Freight Earnings Target revised to Rs 94,000 crore from B.E. Rs 93,554 crore

· Stringent Financial control exercised and Ordinary Working Expenses pegged only at Rs 560 crore higher than Budget Estimates, despite various post-budgetary factors

· Plan Outlay revised to Rs 59,359 crore

· Operating Ratio likely to be 90.8%

· Fund Balances to continue to grow to Rs 8,018 crore

Budget Estimates 2014-15

· Loading target of 1,101 Million Tonnes

· Gross Traffic Receipts targeted at Rs.1,60,775 crore with Passenger Earnings (Rs.45,255 crore), Goods (Rs.1,05,770 crore), Other Coaching & Sundry Earnings (Rs.9,700 crore)

· Ordinary Working Expenses placed at Rs.1,10,649 crore, higher by Rs.13,589 crore

· Pension Outgo budgeted at Rs.27,000 crore against Rs.24,000 crore for 2013-14

· The entire Dividend of Rs.9,117 crore to General Exchquer will be paid

· Fund Balances likely to be Rs.12,728 crore.

· Operating Ratio budgeted at 89.8%

Annual Plan 2014-15

· Annual Plan envisaged at Rs.64,305 crore with a Budgetary Support of Rs.30,223 crore , Internal Resources of Rs.10,418 crore and Extra Budgetary Resources of Rs.19,805 crore

· New Surveys : 19 New Lines & 5 Doubling

New Services

Ø New Trains

· 17 Premium trains

· 38 Express trains

· 10 Passenger trains

· 4 MEMU

· 3 DEMU

Ø Extension and Increase in frequency

· 3 Extension of trains

· 3 increase in frequency