Union Railway Minister Suresh Prabhu on 25 February 2016 presented the Railway Budget 2016-17 in the Parliament.
Theme of the Budget
Overcoming challenges : Reorganize, Restructure Rejuvenate Indian Railways: ‘Chalo, Milkar Kuch Naya Karen’
Three pillars of the strategy i.e. Nav Arjan – New revenues, Nav Manak – New norms, Nav Sanrachna – New Structures.
2015-16: Savings of Rs. 8,720 crore neutralizing most of the revenue shortfall, expected OR 90%;
2016-17: Targeted Operating Ratio (OR) – 92%, restrict growth of Ordinary Working Expenses by 11.6% after building in immediate impact of 7th PC, reductions planned in diesel and electricity consumption, Revenue generation targeted at Rs 1,84,820 crore.
44 new projects valued Rs. 92,714 crores to be implemented this year.
By 2020 Rs.4,000 Crores of estimated revenue to be generated.
Investments and Resources
Process bottlenecks overhauled including delegation of powers to functional levels; average capital expenditure over 2009-14 is Rs. 48,100 crore, average growth of 8% per annum.
2015-16 investment would be close to double of the average of previous 5 years.
2016-17 CAPEX pegged at Rs. 1.21 lakh crore; implementation through joint ventures with states, developing new frameworks for PPP, etc.
Railway Minister Suresh Prabhu while talking about his plans to transform Indian Railways also mentioned the 7 “Mission activities – Avataran”
Mission 25 Tonne – make our infrastructure suitable to carry 25-tonne axle-load.
Mission Zero Accident: Elimination of unmanned level crossings: & introduce TCAS (Train Collision Avoidance System
Mission PACE (Procurement and Consumption Efficiency): This mission aims to improve our procurement & consumption practices to improve the quality of goods and services.
Mission Raftaar: To target doubling of average speeds of freights trains & increasing the average speed of superfast mail/express trains by 25 kmph in the next 5 years.
Mission Hundred: To commission at least a 100 sidings in the next 2 years.
Mission beyond book-keeping: Establish an accounting system where outcomes can be tracked to inputs.
Mission Capacity Utilisation: For making full use of the carrying capacity at Dedicated Freight Corridors.
Each of the ‘mission’ will be headed by a ‘Mission Director, reporting directly to the Chairman, Railway Board. Each Mission will have annual outcome based performance targets.
New Trains & Initiatives
Antyodaya Express , Long distance superfast train for unreserved passengers to be started
Deen Dayalu coaches for unreserved passengers with potable water & higher number of mobile charging points to be introduced.
Humsafar – fully air-conditioned third AC service with an optional service for meals
Tejas – Trains to operate at speeds of 130 kmph & above. Will offer entertainment, local cuisine, Wi- Fi, etc.on board.
UDAY (Utkrisht Double-Decker Air-conditioned Yatri), double decker trains would be introduced on busiest routes.
Aastha circuit trains to connect important pilgrim centres
Expanding Sarthi Seva in Konkan Railways for help to senior citizens
High speed passenger corridor from Ahmedabad to Mumbai
India’s First Rail Auto Hub will be inaugurated in Chennai
New freight corridors to come up at Delhi-Chennai, Kharagpur-Mumbai, Kharagpur-Vijayawada.
New locomotive factories at cost of Rs 40,000 crore to be setup under the ‘Make in India’
Children’s menu, baby foods, changing boards to be made available for travelling mothers.
Rail University to be established at Indian Railway Academy at Vadodara.
SMART (Specially Modified Aesthetic Refreshing Travel) coaches are to be introduced.It shall offer new amenities including automatic doors, bar-code readers, bio-vacuum toilets, water-level indicators, accessible dustbins, ergonomic seating, improved aesthetics, etc.
Rakshak, a device that will intimate about approaching trains will be provided to all gang men.
Rail Bandhu magazine shall be made available in all regional languages.
Technology, Cleanliness, Service & Other Initiatives
Expansion of Vikalp service – train on demand to provide choice of accommodation in specific trains to wait listed passengers.
E-booking of tickets facility
Wi Fi facility at 400 stations
Clean My Coach service by SMS
Rail Display Network – GPS based digital displays to provide real time information about upcoming stations shall be installed.
33% sub-quota for women under all reserved categories.