Highlights of Railway Budget

Highlights of Railway Budget

Union Rail Minister Pawan Kumar Bansal passed Railway budget today. This is the first budget by a congress minister after 17 years. Over the past few years coveted Railway Ministry was under the hands of allies like RJD,TMC and JDU and their leaders Lalu Prasad Yadav, Mamata Bannerjee and Nitish Kumar shifted all rail projects towards their states.

This time is is no different as Pawan Kumar turned most of the trains towards his place Rae Bareily,Uttar Pradesh. Railway budget had no fare hikes and around 106 trains were introduced and minister envisaged plans of escalators,e-ticketing system and a swanky coach in select stations.

Following are some of the highlights in the rail budget.

No hike in passenger fares

Superfast and Tatkal charges to rise

Annual plan for 2013-14 set at Rs.63,363 crore

Losses up from Rs 22,500 crore in 2011-12 to Rs 24,600 crore in 2012-13

Accidents per million km down from .41 to .13

Raised four companies of women RPF personnel; another eight to be raised for women’s safety

67 new Express and 26 new passenger trains to run; 8 DEMU services and 5 MEMU services to be introduced; run of 57 trains to be extended; frequency of 24 trains to increase

22 new rail lines to be taken up in 2013-14

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