No increase in rail fare and freight has been proposed in the Interim Rail Budget for 2014-15. Presenting the Budget in Parliament on Wednesday, Minister of Railways Mallikarjun Kharge announced 72 new trains, extension of three trains and increase in frequency of three trains.
Here is the highlights of Interim Rail Budget 2014.
Read More : Highlight of Railway Budget-2014
Achievements / Initiatives
- Major landmark achievement in National Project of Kashmir
- State of Meghalaya and capital of Arunachal Pradesh to be on Railway Map by this fiscal.
- Gauge Conversion of strategically important 510 km Rangiya – Murkongselek line in Assam to be completed by this fiscal.
- XIth Five Year Plan Targets exceeded in New Lines (2,207 km) , Doubling (2,758 km) and Electrification (4,556 km), Production of Diesel (1,288) & Electrical (1,218) Locos and Acquisition of Wagons (64,875)
- Dedicated Freight Corridors on the Eastern and Western Routes – leading to strategically critical capacity augmentation.
- Railways met from its own means the total additional impact of Rs one lakh crore due to implementation of 6th Pay Commission
- In 2013-14, 1532 km of New Lines, Doubling and Gauge Conversion commissioned.
- Production commenced at the new factories – Rail Wheel Plant, Chhapra ; Rail Coach Factory, Rae Bareli ; and Diesel Component Factory, Dankuni.
- Specially designed coaches for adverse weather condition for rail travel in Kashmir.
- Successful development of Corrosion resistant, lighter wagons with higher pay-load and speed potential upt 100kmph.
- Railways sportspersons dominate national events by winning titles in 23 disciplines and runners up in 9 disciplines. In various international championships a total of 2 Gold, 4 Silver and 3 Bronze Medals won.
- Unigauge Policy started in 1992 has converted 19,214 km to Broad Gauge, benefitting several States including Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka, Uttar Pradesh, Assam and Tamil Nadu.
- Read More : Highlight of Railway Budget-2014