Showing posts with label BUDGET. Show all posts
Showing posts with label BUDGET. Show all posts

Sunday, March 1, 2015

Railway Budget 2015-16: Major Initiatives

Railway Minister Suresh Prabhu on 26 February 2015 presented the Railway Budget 2015-16 in the Lok Sabha. The Budget plans to invest around 8 lakh crore rupees over the next 5 year to rejuvenate the Indian Railways.
In this regard, Railway Budget 2015 – 16 unveiled certain initiatives ranging from cleanliness drive to development of infrastructure to improving the overall quality of life in train journeys.
The major initiatives undertaken in the Railway Budget 2015-16
Station Redevelopment
  • Zonal and Divisional offices to be empowered for quicker decision making
  • Development of 10 Satellite Railway terminals in major cities with twin purpose of decongesting the city and providing service to suburban passengers
Network expansion
  • Fast-track sanctioned works on 7000 kms of double/third/fourth lines
  • Commission of 1200 km of network in 2015-16 at an investment of 8686 crore rupees
Expansion of freight handling capacity
  • Transport Logistics Corporation of India (TRANSLOC), to be set up for developing common user facilities to provide end-to-end logistics solution at select Railway terminals through Public Private Partnerships.
  • Policy for Private Freight Terminals (PFT) to be revised.
  • Automatic Freight Rebate Scheme for traffic to be expanded
  • Long haul freight operations to be used extensively and construction of long loop lines to be expedited.
Improving train speed
  • Speed of 9 railway corridors to be increased from existing 110 and 130 kmph to 160 and 200 kmph respectively.
  • Average speed of freight trains in empty and loaded conditions will be enhanced to 100 kmph for empty freight trains and 75 kmph for loaded trains.
Bullet train
  • Feasibility study for High Speed Rail between Mumbai-Ahmadabad is in advanced stage.
Upgrading manufacturing capability
  • Creation of job opportunities by upgrading the manufacturing capability and review of functioning of Indian Railways Production Units.
  • Workshops for technological upgradation and enhancing productivity be undertaken to make them self-sustaining.
Safety
  • RDSO to develop a suitable device with reliable power supply system based on theft-proof panels/batteries in consultation with Indian Space Research Organization using geo-spatial technology.
  • Train Protection Warning System and Train Collision Avoidance System to be installed on selected routes at the earliest.  
  • Better welding techniques being promoted and digital type machines to replace analogue type machines.
Technology upgradation
  • Constitution of an innovation council called Kayakalp for business re-engineering.  
  • Technology portal being constituted to invite innovative technological solutions.
  • Research Centers to be set up in selected universities for fundamental research.
Partnerships for development
  • PPP cell to be revamped to make it result oriented. Foreign Rail Technology Cooperation scheme to be launched.
  • Joint ventures to be set up with States for focused project development, resource mobilization, land acquisition and monitoring of critical rail projects.  
Improvements to Management Processes and Systems
  • Systems audit to be conducted for review of all processes and procedures.
  • Constitution of a working group to modify present system of accounting, to ensure tracking of• expenditure to desired outcomes and Train operations to be audited.
  • Paperless working in material management system to be expanded and Vendors to be integrated through Vendor Interface Management System.
Resource Mobilisation
  • Support from the Central Government for 41.6 percent of the Plan and Internal generation of 17.8  percent for setting up of a Financing Cell in the Railway Board.
  • Setting up an infrastructure fund, a holding company and a Joint Venture with an existing NBFC of a PSU with IRFC for raising long term debt from domestic as well as overseas sources.
  • Digitized mapping of land records and responsibility fixing for encroachments.
  • New strategy to tap latent advertising potential including offering stations and trains for corporate branding.  
  • Railways in partnership with ports will deliver rail connectivity to Nargol, Chharra, Dighi, Rewas and Tuna. Scrap disposal policy to be reviewed for speedier scrap disposal.
Human Resources
  • Human Resource Audit to be undertaken; Separate accounting head for HRD; ERP based Human Resource Management System.  
  • Setting up a full-fledged University during 2015-16 and  Improved delivery of health services to employees
Energy and sustainability
  • Environment Directorate to be constituted in Railway Board to give increased focus on environment management.
  • Initiative likely to save at least 3000 crore rupees in next few years will be taken up.  1000 MW solar plants will be set up by the developers on Railway/private land.
  • Water conservation mission will include water audit and expansion of water harvesting systems. 100 DEMUs to be enabled for dual fuel- CNG and diesel.
  • Noise levels of locos to be at par with international norms and concerns related to wildlife will be addressed.  
Transparency and Governance initiatives
  • System of on-line applications introduced for two categories of recruitment as a pilot project.  
  • All possible solutions be explored to address menace of corruption. E-procurement value chain to be expanded.
Social initiatives
  • Infrastructure like stations and training centers to be made available for skill development.
  • Promotion of products made by Self Help Groups, consisting mainly of women and youth on the model of Konkan Railway.
Tourism
  • Incredible Rail for Incredible India to be launched and Promotion of training of auto-rickshaw and taxi-operators as tourist-guides on the model of Konkan Railway.  
  • Coaches in selected trains connecting major tourist destinations to travel agencies may be offered on a revenue sharing model.  
  • IRCTC to work on promoting the Gandhi circuit to attract tourists to mark the occasion of 100 years of the return of Mahatma Gandhi to India from South Africa.
  • IRCTC will work on Kisan Yatra, a special travel scheme for farmers for farming & marketing technique centres.

Railway Budget 2015-16: Quality of Life in Journeys:

Railway Minister Suresh Prabhu on 26 February 2015 presented his maiden Rail Budget 2015-16 in the Lok Sabha. This was also the second rail budget of the Narendra Modi-led NDA government.
In the budget, Prabhu gave 11 thrust areas to improve quality of life in train journeys which also includes Swachh Rail - Swachh Bharat drive. The 11 thrust areas include
Cleanliness
•Swachh Rail - Swachh Bharat campaign
•New department for cleanliness
•Integrated cleaning by engaging professional agencies and training our staff
•Waste to energy conversion plants
•New toilets covering 650 additional stations compared to 120 stations in 2014
•Bio-toilets to be fitted in the coaches
Bed linen
•National Institute of Fashion Technology (NIFT), Delhi to design bed linen
•The facility of online booking of disposable bedrolls at select stations will be extended to all passengers through the IRCTC portal on payment basis
Help-line
•Start a 24X7 helpline number 138 and a toll-free number 182 for security related complaints
Ticketing
•Operation Five Minutes to ensure Speedy Purchase of Tickets for Unreserved Class Passengers.  
•Provision of modified hot-buttons, coin vending machines and single destination teller windows will be launched to reduce the transaction time. 
•For the differently-abled travellers, a special initiative will be launched whereby they can purchase concessional e-tickets after one-time registration. 
•Proposal to work towards developing a multi-lingual e-ticketing portal
•Some other facilities include introduction of integrated ticketing system on the lines of rail-cum-road tickets on Jammu – Srinagar route will be expanded.
Catering
•Integrate Best Food Chains for E-Catering
•Railway passengers to order their food through IRCTC website at the time of booking tickets
Leveraging technology
•Introduce hand-held terminals to Travelling Ticket Examiners (TTEs) for verification of passengers and downloading charts. 
•Extending facility of SMS on mobiles as a valid proof of travel for PRS tickets
•SMS Alert service to inform passengers in advance of the updated arrival/departure time of trains at starting or destination stations
Surveillance
•Surveillance cameras will be provided on a pilot basis in selected mainline coaches and ladies’ compartments of suburban coaches without intruding into privacy
Entertainment
•Project for introducing on-board entertainment on select Shatabdi trains on license fee basis 
•Mobile phone charging facilities will be provided in general class coaches & its numbers will be increased in sleeper class coaches
Station facilities
•200 more stations to come under Adarsh Station scheme
•Wi-Fi will be provided at B category station
•Facility of self-operated lockers to be made available at stations 
•Provision of concierge services will be introduced through IRCTC at major stations
•Online booking of wheel chair on payment basis for senior citizens, patients and the differently-abled passengers will be available through IRCTC on select stations
Train capacity
•Capacity in identified trains will be augmented to run with 26 coaches
•More General class coaches will be added in identified trains
Comfortable travel
•NID to design user friendly ladders for climbing to the upper berths
•Quota of lower berths for senior citizens will be increased
•Middle bay of coaches will be reserved for women and senior citizens
•NID will develop ergonomically designed seats
•Provision of 120 crore rupees for Lifts and escalator has been made
•The newly manufactured coaches will be Braille enabled
•Entrances will be widened to ease of differently-abled passengers
•Corporate houses & MPs requested to invest in improving passenger amenities at Railway stations through CSR & MPLAD funds

Railway Budget 2015-16: Highlights

Railway Minister Suresh Prabhu on 26 February 2015 presented the Railway Budget 2015-16 in the Lok Sabha. In his first Railway Budget, Prabhu outlined a plan to invest over 8 lakh crore rupees over 5 years. 

The size of the Plan Budget has gone up by 52 percent from 65789 crore rupees in 2014-15 to 100011 crore rupees in 2015-16.
9 thrust areas of the Budget includes
•Indian Railway to become prime mover of economy once again
•Resource Mobilization for higher Investments
•Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge conversion, doubling, tripling and electrification
•Project Delivery
•Passenger Amenities 
•Safety
•Transparency & System Improvement
•Railways to continue to be the preferred mode of transport for the masses
•Sustainability

Four goals for Indian Railways to transform over next five years
• To deliver a sustained and measurable improvement in customer experience.
• To make Rail a safer means of travel.
• To expand Bhartiya Rail’s capacity substantially and modernise infrastructure: for this purpose daily passenger carrying capacity will be increased from 21 million to 30 million. Track length will also be increased by 20 percent from 114000 km to 138000 km. Annual freight carrying capacity will be grown from 1 billion to 1.5 billion tonnes.
• To make Bhartiya Rail financially self-sustainable.
PROPOSED INVESTMENT PLAN (2015-2019)
Item
Amount (Rs in crore)
Network Decongestion (including DFC, Electrification, Doubling
including electrification and traffic facilities)
199320
Network Expansion (including electrification)
193000
National Projects (North Eastern & Kashmir connectivity projects)
39000
Safety (Track renewal, bridge works, ROB, RUB and Signalling & Telecom)
127000
Information Technology / Research
5000
Rolling Stock (Locomotives, coaches, wagons – production & maintenance)
102000
Passenger Amenities
12500
High Speed Rail & Elevated corridor
65000
Station redevelopment and logistic parks
100000
Others
13200
TOTAL
8,56,020
Key Highlights of the Railway Budget 2015-16
• No increase in passenger fares 
• Passengers can book tickets 120 days in advance instead of 60 days which was available till date
• Outlay for passenger amenities increased by 67 percent 
• New train sets that can save 20 percent journey time will be introduced in future. These trains will be similar to bullet trains in design but can run on the existing tracks
• The speed passenger trains across nine corridors will be increased to 160-200 km from 110 km
• SMS alert will be introduced for train timings and under this passengers will be informed in advance the updated arrival or departure time of the trains at starting or destination stations 
• Air-conditioned coaches for suburban trains will be introduced
• Wi-fi will be available at 400 railway stations 
• Railways Intends to set up an Innovation Council called Kayakalp for Purpose of Business Re-Engineering
• Railways Proposes to set up Malaviya Chair for Railway Technology at IIT (BHU), Varanasi
• Bidding system will be used for redevelopment of stations
• 10 satellite railway stations will be developed in 2015-16 
• 800 km of gauge conversion will be commissioned
• E-catering introduced in 108 trains can be accessed by ordering on IRCTC website 
• Water vending machines will be expanded on more stations
• On–board entertainment facility will be extended on Shatabdi trains 
• General class coaches will see introduction of mobile charging stations
• For benefit of the common man, more general class coaches will be added to select trains 
• Pension funds, multi-lateral banks have evinced interest in Railways
• Proposed the best operating ratio in nine years, of 88.5 per cent for 2015-16
• Track capacity will be increased by 10 percent to 1.38 lakh kilometers 
• Feasibility report of high speed train between Mumbai and Ahmedabad is expected by mid-2015
• To ease private investment, wagon-making scheme will be reviewed
• All India 24x7 grievances helpline 138 will be started
• Bio-toilets will replace more than 7000 toilets, while 650 stations will get new toilets  
• Passenger travelling unreserved can produce a ticket within 5 minutes and for this purpose Operation Five Minutes will be introduced 
• To address complaints of people Mobile application is being developed 
• Integrated tickets will be introduced 
• Hand-held devices will be introduced for ticket checkers; it is move towards paperless ticketing 
• In next 2 years, centrally managed railway display network will be introduced in over 2000 stations
• Rail-cum-road ticket to be extended in many stations
• Rail connectivity will be enhanced in North Eastern states 
• To aid expanding freight handling capacity and provide end-to-end logistic solutions, Transport Logistic Corporation of India will be set up 
• PPP model will be used to augment resources and generate more employment 
• 6608 kilometer of track will be electrified
• 96182 crrore rupees will be spent to expand capacity of 9420 km rail lines 
• For women safety, CCTVs will be introduced in selected trains and suburban trains 
• Train Protection Warning System and Train Collision Avoidance System will be installed on select routes at the earliest
• Projects for rail connectivity to many ports and mines
• Foreign Rail Technology Cooperation Scheme will be launched in order to achieve the higher quality service 
• Programme to improve design, quality and cleanliness of bed linen will be launched within the next six months

Wednesday, September 24, 2014

Schemes/Projects Mentioned Under Union Budget 2014-15

1. Kissan Vikas Patra - Kisan Vikas Patra is a saving scheme that was announced by the Government of India to encourage small savings in the country
2. One Rank One Pension - The allotment of Rs. 1,000 crore for implementing ‘One Rank, One Pension’ (OROP) scheme will bring justice to scores of armed forces personnel struggling with meagre pensions.
3. NAMAMI GANGE - sets up an integrated Ganga conservation mission
4. Digital India - a Pan India programme to be launched with an outlay of 500 crore rupees
5. E-Visa - New visa power, five tourist circuits
6. National Heritage City Development and Augmentation Yojana (HRIDAY) — for conserving and preserving the heritage characters of these cities.
7. Ultra Mega Solar Power Projects— provided to States of Rajasthan, Gujarat, Tamil Nadu, Andhra Pradesh and Laddakh
8. Ultra-Modern Super Critical Coal Based Thermal Power Technology Scheme
9. Jal Marg Vikas—Project on Ganges called Jal Marg Vikas to be developed between Allahabad and Haldia
10. Pashmina Promotion Programme(P-3) -- for the development of other crafts of Jammu & Kashmir\
11. Pradhan Mantri Krishi Sinchayee Yojna-– to improve access to irrigation
12. Deen Dayal Upadhyaya Gram Jyoti Yojana-– for rural electricity.
13. Varishtha Pension Bima Yoja–- revived for 1 year from Aug 15, 2014.

Friday, August 29, 2014

Expected Questions from Railway Budget 2014-15

1.The union railway budget 2014-15 was presented on 8th July 2014. Who presented this budget ?
Ans : Sadanand Gowda

2.As per the Railway Budget 2014-15, how many new Express Trains will be introduced ?
Ans : 27 Trains

3.What is the revenue estimate from freight operations as proposed in the Rail Budget 2014-15 ?
Ans : Rs. 105, 770 Crore
4.What is the revenue estimate from passenger operations as proposed in the Rail Budget of 2014- 15 ?
Ans : Rs. 44,645 Crore
5.India’s first bullet train has been proposed to be run on which rail sector as announced in the Rail Budget 2014-15 ?
Ans : Ahmedabad-Mumbai sector
6.How many women constables will be recruited to ensure safety of Women ?
Ans : 4000
7.What is the operating ratio of Indian Railways as announced in the Rail Budget 2014-15 ?
Ans : 94 paise
8.What is the name given to the ambitious high speed rail network that has been proposed in the Rail Budget of 2014-15 ?
Ans : Diamond Quadrilateral
9.In how many years Indian Railways would be made paperless as proposed in the Rail Budget 2014-15 ?
Ans : 5 years
10.As mentioned by the Railway Budget 2014-15, recent fare and tariff hike will mop additional revenue of about ?
Ans : Rs. 8,000 crore
11.The Railway Budget 2014-15 announced Special Train featuring life and work of ?
Ans : Swami Vivekananda
12.The Railway Budget 2014-15 announced the setting up of “Diamond Quadrilateral Network” of High Speed Rail to connect
Ans : Major metros and growth centers of the country
13.Union Railway Budget 2014-15 introduced UBRD to detect problem in track. Expand UBRD ?
Ans : Ultrasonic Broken Rail Detection System
14.For the safety of passengers, how many RPF
(Railway Protection Force) constables will be appointed ?
Ans : 17000
15.The Railway Budget of 2014-15 mentioned ‘Decade of Golden Dilemma’. What does it mean ?
Ans : Dilemma of choosing between commercial and social viability
16.How many sectors for proposed high-speed trainswere proposed in the Rail Budget 2014-15 ?
Ans : Nine
17.How many new train services were proposed in the Rail Budget 2014-15 ?
Ans : 58
18.Runs of how many existing trains were extended in the Rail Budget 2014-15 ?
Ans : Eleven
19.The budget allocation for cleanliness at railway stations has been increased by ?
Ans : 40%
20.What will be the estimated Growth in passenger traffic during 2014-15 as per the Railway Budget 2014-15
Ans : 2 Per Cent

Thursday, August 28, 2014

Wednesday, August 20, 2014

ANDHRA PRADESH BUDGET 2014-15


Sunday, July 20, 2014

Highlights of the Union Budget 2014-15

Here are the highlights of the Budget 2014-15 presented by Finance Minister Arun Jaitley.

Fiscal deficit● Accepts fiscal deficit target of 4.1 percent of GDP for 2014/15
● Fiscal deficit seen at 3.6 percent of GDP in 2015/16
● Finance Minister says: "We cannot spend beyond our means"
● Tax-to-GDP ratio must be raised

Growth
● Aims for sustained growth of 7-8 percent in the next 3-4 years
● Finance minister says he is bound to usher in policies for higher growth, lower inflation

Taxation● Aims to approve goods and services tax by end of this year
● Will not change rules on retrospective taxation
● All pending cases of retrospective tax for indirect transfers to be examined by a high-level committee before action is taken
● Proposes changes in transfer pricing mechanism
● Extends 5 percent withholding tax on corporate bonds until June 30 2017
● Income tax exemption limit raised by Rs 50,000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh
● Government expects Rs 9.77 lakh crore revenue crore from taxes
● Long term capital gain tax for mutual funds doubled to 20 per cent; lock-in period increased to three years
● Excise duty on footwear reduced from 12 per cent to 6 per cent
● Net effect of direct tax proposals is revenue loss of Rs 22,200 crore
● Tax proposals on indirect tax front would yield Rs. 7,525 crore

Investment● Raises limit on foreign direct investment in defence sector from 26 per cent to 49 per cent; raises FDI limit in insurance sector to 49 percent
● Earmarks Rs 7000 Crore to create 100 "smart cities"
● Will provide the necessary tax changes to introduce real estate investment trusts and infrastructure investment trusts
● Proposes Rs 4000 crore for affordable housing through national housing bank and extends tax incentives for housing loans
● Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh.
● Investment limit in PPF raised to Rs 1.5 lakh from Rs 1 lakh
Foreign direct investment
● Raises limit on foreign direct investment in defence sector from 26 percent to 49 percent
● Raises FDI limit in insurance sector from 26 percent to 49 percent

Spending● Capital outlay for defence raised by 50 billion rupees over interim budget
● Earmarks Rs 7000 crore to create 100 "smart cities"
● Proposes Rs 5000 crore for warehousing capacity; 100 billion rupees of private capital for start-up companies; and 378 billion rupees of investment in national and state highways
● Rs 4000 crore for affordable housing proposed through national housing bank and extends tax incentives for housing loans
● Proposes Rs 8000 crore for rural housing scheme

Subsidies● Plans to make food and petroleum subsidies more targeted
● Rural job-guarantee scheme, which provides 100 days of paid employment a year, will become more focused on asset creation
● Proposes Rs 8000 crore for rural housing scheme

Agriculture● Will focus on achieving 4 growth per year in agriculture
● Proposes a long-term rural credit fund with an initial corpus of Rs 5000 crore
● Rs 100 crore for development of organic farming

Social sector● Pension Scheme to be revived for a year (Aug 15-14) for citizens above 60
● Rs 50,548 crore for SC welfare schemes.
● Rs 32,387 crore for ST welfare schemes.

Infrastructure● Earmarks Rs 500 crore for 24x7 uninterrupted power in all homes
● Rs 100 crore for metro projects in Lucknow and Ahmedabad
● Rs 2,037 crore set aside for Integrated Ganga Conservation Mission called 'Namami Gange'
● Rs 200 crore for world-class sports stadium in Jammu and Kasmir
● Trade Facilitation Centre in Varanasi Handloom and Crafts Museum
● Rs 1000 crore to enhance rail connectivity in the Northeast
● Rs 2250 crore for the development and modernization of the border infrastructure
● A project on the river Ganga called 'Jal Marg Vikas' for inland waterways between Allahabad and Haldia; Rs 4,200 crore set aside for the purpose
● War memorial to be set up along with a war museum; Rs 100 crore set aside for this
● Rs 7,060 crore for setting up 100 Smart Cities

Education● Five more IIMs to be opened in HP, Punjab, Bihar, Odisha and Rajasthan
● Five more IITs in Jammu, Chattisgarh, Goa, Andhra Pradesh and Kerala.
● Four more AIIMS like institutions to come up in Andhra Pradesh, West Bengal, Vidarbha in Maharashtra and Poorvanchal in Uttar Pradesh

Tourism● E-Visas to be introduced at 9 airports
● Finance Minister says tourism helps in job creation and e-visas will encourage more tourists to visit India
● A provision of Rs 500 crore for five tourism sector.

Banking● Deduction limit on interest on loan for self-occupied house raised to Rs 2 lakh from Rs 1.5 lakh.
● Set aside Rs 11,200 crore for PSU banks capitalisation
● Government in favour of consolidation of PSU banks
● Government considering giving greater autonomy to PSU banks while making them accountable
● PSUs to invest to over Rs 2.47 lakh crore this fiscal

Others● Earmarks Rs 200 crore for Sardar Patel statue
● Proposes Rs 150 crore for improving women safety
● LCD, LED TV become cheaper
● Cigarettes, pan masala, tobacco, aerated drinks become costlier
● Government proposes to launch Digital India' programme to ensure broad band connectivity at village level
● Rs 100 crore scheme to support about 600 new and existing Community Radio Stations
● Rs 150 crore for Communication facilities in Andaman and Nicobar Islands
● Rs 188 crore for disaster preparedness in Puducherry
● Rs 3,600 crore for providing safe drinking water
● North-stop 24-hour channel is proposed to be introduced
● Farmer TV channel will be launched for the benefit of farmers.
● Rs 200 crore to make Delhi a world class city for social welfare and Rs 500 crore for energy
● Kisan Vikas Patra to be reintroduced, National Savings Certificate with insurance cover to be launched
● 'Pandit Madan Mohan Malviya New Teachers Training Programme' launched with initial sum of Rs 500 crore
● Government provides Rs 500 crore for rehabilitation of displaced Kashmiri migrants
● Indian Custom Single Window Project to be taken up for facilitating trade

Railway Budget 2014-15 Highlights

Union Railways Minister Sadananda Gowda presented the Rail Budget in the Parliament 8 July, 2014.

 Here are the highlights:

 ● Grateful to honourable PM Narendra Modi ji for having given me this opportunity and for entrusting me with this responsibility
 ● Honesty is the first chapter in the book of wisdom
 ● It gives me immense pleasure to present my first Railway Budget flooded with suggestion for new trains, new railway lines
 ● We now target to become the largest freight carrier in the world
 ● Indian railways carry only 31% of the total freight in the country. It is a challenge we have to face
 ● 5 lakh crore required each year for the next ten years for ongoing projects alone
 ● 23 paisa lost per passenger per km in 2012-13
 ● Social obligation of Railways in 2013-14 was Rs. 20,000 crore
 ● Focus on sanctioning projects rather than completing them
 ● The more projects we add the thinner we spread our resources
 ● I can get claps from this house by announcing many new projects but that would be rendering injustice to the struggling organization
 ● The fare revision was tough but a necessary decision - it will bring Indian Railways an additional revenue of 8,000 crores
 ● Indian Railways carries more than the entire population of Australia in a day
 ● Populist projects and mismanagement have brought Railways to point of funds crunch
 ● This state of affairs in railways needs immediate course correction
 ● Gross traffic receipts in 2013-14 was Rs. 1.3 lakh crore, operating ratio was 94 per cent
 ● Indian Railways spent Rs. 41,000 crore on laying of 3,700 km of new lines in last 10 years
 ● Need to explore alternative sources of resource mobilisation and not depend on fare hike alone
 ● Large part of the budget outlay to go to safety projects
 ● Maximum financial outlays for projects slated for completion in this area itself
 ● High priority areas - safety, cleanliness, passenger amenities and capacity augmentation
 ● Future projects to be financed on public-private partnership model
 ● Plans to attract investment from domestic and foreign players in infrastructure; focus to be on aggressive indigenisation
 ● FY15 Total Expenditure Pegged At Rs.1.49 lakh crore
 ● FY15 total receipts pegged at Rs.1.64 lakh crore
 ● Propose to hike budgetary plan outlay to Rs.47,650 crore
 ● FY15 passenger fare revenue pegged at Rs.44,600 crore
 ● Pre-cooked meals by reputed brands, focus on cleanliness and passenger feedback
 ● Outsource cleaning activities at 50 major stations, separate housekeeping wing for cleanliness and sanitation
 ● CCTVs to be used for monitoring cleanliness
 ● RO Drinking water at stations and trains
 ● Corporates encouraged to adopt stations for better maintenance and upkeep
 ● 17,000 Railway Protection Force personnel to be available soon
 ● Introduction of women RPF constables, coaches meant for women to be escorted for greater safety

 Bullet train:
 ● Indian Railways on course to fulfill its long cherished dream. I propose a Bullet train on the Ahmedabad - Mumbai sector
 ● Higher speed for existing trains will be achieved by upgrading the present network
 ● 23 projects underway in North-East. Propose to allocate higher funds than previous year for these projects


New Trains and Extended Trains in Rail Budget 2014 

58 new trains, including five new 'Jansadharan' trains and an equal number of premium group of trains have been proposed in the Rail Budget presented by railway minister Sadananda Gowda on 8 July, 2014.

The new trains include six AC Express trains, 27 Express trains, eight passenger trains, two Mainline Electric Multiple Unit (MEMU) services and 5 Diesel Electric Multiple Unit (DEMU) services besides extension of 11 existing trains.

Jansadharan Trains
(1) Ahmedabad-Darbhanga Jansadharan Express via Surat
(2) Jaynagar-Mumbai Jansadharan Express
(3) Mumbai-Gorakhpur Jansadharan Express
(4) Saharasa-Anand Vihar Jansadharan Express via Motihari
(5) Saharasa-Amritsar Jansadharan Express

Premium Trains
(1) Mumbai Central-New Delhi Premium AC Express
(2) Shalimar-Chennai Premium AC Express
(3) Secunderabad-- Hazrat Nizamuddin Premium AC Express
(4) Jaipur-Madurai Premium Express
(5) Kamakhya-Bengaluru Premium Express

AC Express Trains
(1) Vijayawada-NewDelhiAPExpress (Daily)
(2) LokmanyaTilak(T)-Lucknow (Weekly)
(3) Nagpur-Pune (Weekly)
(4) Nagpur-Amritsar (Weekly)
(5) Naharlagun-NewDelhi (Weekly)
(6) Nizamuddin-Pune (Weekly)

Express Trains
(1) Ahmedabad-Patna Express (Weekly) via Varanasi
(2) Ahmedabad- Chennai Express (Bi-weekly) via Vasai Road
(3) Bengaluru -Mangalore Express (Daily)
(4) Bengaluru -Shimoga Express (Bi-weekly)
(5) Bandra(T)-Jaipur Express (Weekly) Via Nagda, Kota
(6) Bidar-Mumbai Express (Weekly)
(7) Chhapra-Lucknow Express (Tri-weekly) via Ballia, Ghazipur, Varanasi
(8) Ferozpur-Chandigarh Express (6 days a week)
(9) Guwahati-Naharlagun Intercity Express (Daily)
(10) Guwahati-Murkongselek Intercity Express (Daily)
(11) Gorakhpur-Anand Vihar Express (Weekly)
(12) Hapa-Bilaspur Express (Weekly) via Nagpur
(13) Hazur Saheb Nanded-Bikaner Express (Weekly)
(14) Indore-Jammu Tawi Express (Weekly)
(15) Kamakhya-Katra Express (Weekly) via Darbhanga
(16) Kanpur-Jammu Tawi Express (Bi-weekly)
(17) Lokmanya Tilak(T)-Azamgarh Express (Weekly)
(18) Mumbai_Kazipeth Express (Weekly) via Balharshah
(19) Mumbai-Palitana Express (Weekly)
(20) New Delhi -Bhatinda Shatabdi Express (Bi-weekly)
(21) New Delhi-Varanasi Express (Daily)
(22) Paradeep-Howrah Express (Weekly)
(23) Paradeep-Visakhapatnam Express (Weekly)
(24) Rajkot-Rewa Express (Weekly)
(25) Ramnagar-Agra Express (Weekly)
(26) Tatanagar Baiyyappanahali (Bengaluru) Express (Weekly)
(27) Visakhapatnam-Chennai Express (Weekly)

Passenger Trains 
(1) Bikaner-Rewari Passenger (Daily)
(2) Dharwad-Dandeli Passenger (Daily) via Alnavar
(3) Gorakhpur-Nautanwa Passenger (Daily)
(4) Guwahati-Mendipathar Passenger (Daily)
(5) Hatia-Rourkela Passenger
(6) Byndoor-Kasaragod Passenger (Daily)
(7) Rangapara North-Rangiya Passenger (Daily)
(8) Yesvantpur-Tumkur Passenger(Daily)

MEMU services 
(1) Bengaluru-Ramanagaram 6 days a week (3Pairs)
(2) Palwal-Delhi-Aligarh

DEMU services 
(1) Bengaluru -Neelmangala (Daily)
(2) Chhapra-Manduadih (6days a week) via Ballia
(3) Baramula-Banihal (Daily)
(4) Sambalpur-Rourkela (6 days a week)
(5) Yesvantpur-Hosur (6 days a week)

Extension of Run of Existing Trains 
(1) 22409/22410 Anand Vihar Sasaram Garib Rath Express to Gaya
(2) 12455/12456 Delhi Sarai Rohilla Sriganganagar Express to Bikaner
(3) 15231/15232 Gondia Muzaffarpur Express to Barauni
(4) 12001/12002 New Delhi Bhopal Shatabdi Express to Habibganj
(5) 54602 Ludhiana-Hissar Passenger to Sadulpur
(6) 55007/55008 Sonpur-Kaptanganj Passenger to Gorakhpur
(7) 55072/55073 Gorakhpur-Thawe Passenger to Siwan
(8) 63237/63238 Buxar-Mughalsarai MEMU to Varanasi
(9) 63208/63211 Jhajha-Patna MEMU to Jasidih
(10) 64221/64222 Lucknow Hardoi MEMU to Shahjahanpur
(11) 68002/68007 Howrah-Belda MEMU to Jaleswar