RAILWAY BUDJET 2015-16

Presented by VarunKumar.V

INDIAN RAILWAY BUDJET 2015-16

•  The Railways is a web of veins which pumps blood into the heart of India's economy.

Suresh prabhu (Railway minister)

Prabhu started with….

• 4 Aims• 5 Ways to do• 11 Areas

AIMS

• Safety• Infrastructure• Comfortability• Self standing

5 ways

• Continuous development program• Privatisation• More investment• Change in management• Liberty and service

Budget 2015-16

• Maiden budget by the Suresh Prabhu• No too many trains• Private investment• Passengers are going to get lots of benefits• No hike in fare charges• Increased freight charges

Budget 2015

• The budget brought an unprecedented increase of over 50 per cent in its proposed investments to over Rs 1 lakh crore next financial year while presenting the 2015-16 

News paper headlines

• Rail Budget 2015 raises hopes, but Prabhu's assumptions may be unrealistic (Indian Express)

• Rail Budget 2015 states that show by how Prabhu plans to beat his predecessors (Hindu)

•  Rs 8.5 lakh crore investment has been proposed for the next five years in the development of Indian Railway.

New initiations

• Innovation council “kayakalp”• Advertising as a strategy• Training module on soft skills for front line staff• Four rail way research centre and university• Bullet train to Mumbai-Ahmedabad• An expansion of 77 project covering 9400 km in India• Incredible rail in line with incredible India for the

promotion of tourism.

Here are key highlights:

• Rs 8.56 lakh crore investment plan for the period 2015-2019

• To increase daily passenger carrying from 21 million to 30 million in the next 5 years

• Targeted to increase the track length by 20% kms over next 5 years

• To increase freight carrying capacity from 1 billion to 1.5 billion tones in 5 years

Key highlights

• Toll free number 182 to be launched for women protection and safety issues

• “Operation 5 minutes” and hot button for purchase of universal tickets

• Online booking of retiring rooms and wheelchairs on select stations

• Prabhu said Railways goal is to increase connectivity in Northeast and J&K

Continue….

• Several schemes to make the Railways stronger technologically, financially and commercially

•   Now you can book your train tickets 120 days in advance.•  Suresh Prabhu said the Railways would provide WIFI facilities at

400 stations.• The minister said Railways will remove over 3,000 unmanned

railway crossings.

Part of budget

•  Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa.

• The Indian Railways' freight traffic has a direct correlation to the economic activity

• “There will be no hike in railway passenger fares. We will focus on improving passenger amenities including cleanliness,”

Budget 2014

• Safety • Project Delivery • Passenger Amenities/Services with focus on food

services & on cleanliness, sanitation, toilets• Financial Discipline • Resource Mobilization• IT Initiatives• Transparency & System Improvements.

•  Setting up of Railway University for technical and non-technical study.

• Ultrasonic system to detect problem in track.• 27 Express trains to be introduced.• 5 Jansadharan , 5 Premium AC trains to be introduced.• 8 new passenger services, 5 DEMU services and 2

MEMU services to be introduced and run of 11 trains to be extended.

2014 VS 2015

• No new train in 2015-16 budget• In 2015-16 clearly looking for infrastructure development• in 2015-16 No fake promises and no over promises• Real time budget looking for passengers safety and

welfare• In 2015-16 looking for a total development of entire rail

way system

What Kerala got?

• 1200 crore Kerala • 145 crore for Kanjikode coach factory• 12 bridges for Kerala rail development• 5 crore for agamali-sabari rail way• 17 crore for survey and project• 200 crore for infrastructure development• No new hope………..

Rail Budget

Lot of expectation……….

but………..

no need for disappointment…...

THE BEST IS YET TO COME………….

THANK YOU……..