Home > Railway Budget 2015, Railways > Railway Budget: 2015-16 Highlights

Railway Budget: 2015-16 Highlights

Highlights of Railway budget 2015-16

* Regulatory mechanism to be set up for deciding on tariff and disputes: Project worth Rs 2,500 crore using BOT annuity route to be launched
* Joint ventures with states to develop railway projects
* Systems audit proposed for all railway departments
* Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015
* Preparing 5-year corporate safety plan to be ready in 3 months to identify annual quantifiable targets
* Rs 6,750 crore allocated for eliminating 3438 level crossings; 970 road-underbridge and road-overbridge to be constructed
* More general class coaches to be added in identified trains; more AC EMU services for Mumbai suburban section.
* More general class coaches to be added in identified trains; more AC EMU services for Mumbai suburban section.
* Open wi-fi to be available at 400 railway stations; proposal to revamp the station re-development scheme
* Projects worth Rs 96,182 crore to expand capacity of 9,420 km rail lines.
* Tickets can now be booked 120 days ahead of travel date, instead of 60 days now, to tackle tout menace, says Railway Minister.
* Four dedicated freight corridors to be completed this year; 6608 kms of track to be electrified
* Wagon-making scheme to be reviewed to make it easier for private investment; Speed on nine corridors to be increased from 110-130 to 160-200 kms per hour
* Investment of Rs 8.50 lakh crore envisaged over the next five years
* Priority to improve capacity on high density network in next five years
* Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh km.
* Railways to partner with private sector, PSUs and multilateral funding institutions
* Investment of Rs 8.50 lakh crore envisaged over the next five years
* People of India will own railways always; Railways will continue to be precious national asset
* Investment of Rs 8.50 lakh crore envisaged over the next five years
Railway helpline number 138 will become operational 24×7
Disposable linen on payment to be available at all stations.
Toll free number 182 created for security related complaints
Rail-cum-road ticket to be extended to many stations; more trains to be added under scheme for ordering food while booking tickets
We are introducing ‘Operation 5-minute’ to ensure ticketless passenger get regular ticket within five minute of entering station
SMS alert service to be introduced on train arrival/ departure; CCTVs to be introduced in select trains and suburban trains for women safety.

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