Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Highlights from Railway Budget - 2015

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Highlights from Railway Budget - 2015
By: - CSSwati Rawat
Other Topics
Dated:- 27-2-2015

Highlights from Railway Minister Suresh Prabhu's Speech: * No increase in passenger fares * SMS alert to be introduced for train timings * To introduce air-conditioned coaches for suburban trains * Wi-fi to be available at 400 railway stations * To revamp station redevelopment pol .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... icy completely * To have bidding system for redevelopment of stations * To develop 10 satellite railway stations this year * On-board entertainment facility could be extended on Shatabdi trains * Mobile charging stations will be introduced general class coaches * Wagon-making scheme to be reviewed to make it easier for private investment * To improve cleanliness and design of bed linen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... * All India 24x7 grievances helpline 138 to start soon * 17,000 more toilets to be replaced by Bio-Toilets, New toilets at 650 stations, more vacuum toilets * Passenger travelling unreserved can procure a ticket within 5 minutes * Mobile application to address complaints of people is also being developed * Hand-held devices for ticket checkers for moving towards paperless ticketing * .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Centrally managed railway display network in over 2000 stations in next 2 years * We are committed to provide rail connectivity to North Eastern states * CCTVs to be introduced in select trains and suburban trains for women safety * Train Protection Warning System, Train Collision Avoidance System * Tickets can be booked 120 days in advance instead of 60 days * Plan expenditure to go up .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to a record ₹ 1.1 lakh crore in 2015-16 from ₹ 66,000 crore in the previous year * Railways plans to spend over ₹ 8 lakh crore over five years * We will introduce train sets saving 20% of journey time, similar to bullet trains in design, and that can run on existing tracks * Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015 * The spe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed passenger trains across nine corridors will be increased to 160-200 km from 110 km * Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh km * To monetise assets rather than sell them * To set up full-fledged Railway University in FY16 * Rs.2000 crore for Coastal Connectivity Program; ₹ 2500 crore through BOT/Annuity route * .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 6608 kms of track to be electrified * Projects worth ₹ 96,182 crore to expand capacity of 9,420 km rail lines * Drawing up comprehensive policy to tap latent advertising potential
Scholarly articles for knowledge sharing by authors, experts, professionals .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates