Indian Railway Budget 2012-2013 - March 14, 2012
HIGHLIGHTS OF THE RAILWAY BUDGET 2012-13
Setting up of Railway Tariff Regulatory Authority to be considered;
Passenger fares increased by 2 paise per km for suburban and ordinary
second class; 3 paise per km for mail/express second class; 5 paise per
km for sleeper class; 10 paise per km for AC Chair Car, AC 3 tier and
First Class; 15 paise per km for AC 2 tier and 30 paise per km for AC I.
Fares to be rounded off to the next nearest five rupees.
Minimum fare and platform tickets to cost Rs5.
Fuel Adjustment Component (FAC) in fares contemplated.
Value of concession granted to travelers is more than Rs800 cr per year.
50% concession in fare in AC-2, AC-3, Chair Car & Sleeper classes to
patients suffering from ‘Aplastic Anaemia’ and ‘Sickle Cell Anaemia’.
Extending the facility of travel by Rajdhani and Shatabdi trains to Arjuna
Travel distance under ‘Izzat Scheme’ to increase from 100 kms to 150
75 additional services to run in Mumbai suburban.
18 additional services to be run in Chennai area.
44 new suburban services to be introduced in Kolkata area.
50 new services to be introduced in Kolkata Metro in 2012-13.
75 new Express trains to be introduced.
21 new passenger services, 9 DEMU services and 8 MEMU services to
Run of 39 trains to be extended.
Frequency of 23 trains to be increased.
Focus and Long Term Goals
1. Safety; 2. Consolidation; 3. Decongestion & Capacity Augmentation; 4.
Modernisation; 5. Improve Operating Ratio from 95% to 74% in terminal
year of 12th Five Year Plan.
Setting up of a Railway Safety Authority as a statutory regulatory body as
recommended by Kakodkar Committee;
Creating Missions as recommended by Pitroda Committee to implement
the modernization programme
Aligning the Annual Plan investment with five focus areas identified by
Kakodkar and Pitroda Committees i.e. (a) Track (b) Bridges (c)
Signalling & Telecommunication (d) Rolling Stock and (e) Stations &
New Board Member (Safety/Research) to be inducted.\
Rail-Road Grade Separation Corporation to be set up to eliminate level
Plan allocation to priority works so as to reap benefits after completion in
a time bound manner
Three ‘Safety Villages’ to be set up at Bengaluru, Kharagpur and
Lucknow for skill development for disaster management;
Indian Railway Station Development Corporation to be set up to
redevelop stations through PPP mode;
Logistics Corporation to be set up for development & management of
existing railway goods sheds and multi-modal logistics parks.
Private investment schemes for Wagon leasing, Sidings, Private Freight
Terminals, Container train operations, Rail connectivity projects (R3i and
R2C-i) being made more attractive to PPP partners.
New Board Member (PPP/Marketing) to be inducted
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