HIGHLIGHTS OF RAILWAY BUDGET 2016 – 2017- Download in PDF

    HIGHLIGHTS OF RAILWAY BUDGET 2016 – 2017- Download in PDF
    HIGHLIGHTS OF RAILWAY BUDGET 2016 – 2017- Download in PDF:
    Dear Readers, Railway Minister Suresh Prabhu on 25 February 2016 presented the Railway Budget 2016-17 in the Lok Sabha. In his second Rail Budget, he outlined a capital plan of 121000 crore rupees in 2016-17. A saving of 8720 crore rupees for Budget estimates of 2015-16 will be effected in 2016.

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    THEME OF THE BUDGET:
    ·       Overcoming challenges – Reorganize, Restructure Rejuvenate Indian Railways: ‘Chalo, Milkar Kuch Naya Karen’
    ·       Railway Budget of 2016-17 is based on three pillars and they areNav Arjan (New Revenues),Nav Manak (New Norms) andNew Sanrachna(New Structures).
    Nav Arjan (New Revenues):
    It exploits new sources of revenue so that every asset, tangible or non-tangible gets optimally monetized.
    New Manak (New Norms):
    A Zero Budgeting approach to the financials of the ensuring year, improvement in efficiency yardsticks and procurement practices to bring them in line with international best practices
    Nav Sanrachna (New Structures):
    Need to re-imagine the conventional ways of solving issues like co-operation, collaboration and communication, creativity and communication to the hallmark of decision-making and actions.
    VISION:
    By 2020, long-felt desires of the common man to be fulfilled i.e, reserved accommodation on trains available on demand, time tabled freight trains, high end technology to improve safety record, elimination of all unmanned level crossings,improved punctuality, higher average speed of freight trains, semi high speed trains running along the golden quadrilateral, zero direct discharge of human waste.
    HIGHLIGHTS:
    1.   No hike in passenger fares.
    2.   Action has been initiated on 139 budget announcements made last year.
    3.   Eliminate all unmanned level crossings by 2020.
    4.   Swacch Bharat: 17000 biotoilets and additional toilets in 475 stations before the close of this financial year.
    5.   Increased quota for senior citizens and women travellers this year.
    6.   Wifi at 100 stations this year and 400 stations next year.
    7.   Enhanced capacity of e-ticketing system from 2,000 tickets/min to 7,200/min. Supporting 1.2 lakh concurrent users now, as opposed to 40,000 earlier.
    8.   All major stations to be brought under CCTV surveillance in a phased manner.
    9.   DeenDayal coaches for long distance trains for unreserved passengers. These coaches will include potable water and higher number of mobile charging points.
    10.IRCTC to manage catering service in phased manner. Local cuisine of choice will be made available to passengers.
    11.Cleaning of toilets by requests through SMS.
    12.Children’s menu, baby foods, baby boards to be made available for travelling mothers.
    13.GPS-based digital display in coaches for showing upcoming stations.
    14.Will open cancellation facility through 139 helpline number.
    15.Introduce bar-coded tickets on pilot basis to tackle menace of ticketless travel.
    On new projects to be implemented this year:
    1.   Overnight double-decker trains to be introduced on business travel routes.
    2.   1,600 km of electrification this year and 2,000 km proposed for the next year.
    3.   Broad Gauge Lumding-Silchar section in Assam, connecting Barak Valley with rest of country.
    4.   North-East India, especially Mizoram and Manipur, to be connected through broad gauge soon.
    5.   Special purpose vehicle for the Ahmedabad-Mumbai high speed corridor registered this month.


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