Indian Railways Current Affairs - 2019

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9.48% increase in Railway revenues earnings during April – June 2014

The Indian Railways has registered a 9.48 % increase in its total approximate earnings on originating basis during April 1, 2014 to June 30, 2014 at Rs. 36674.17 crore compared to Rs. 33499.53 crore during the same period last year.

Some other key financial figures registered during this period:

  • The total approximate earnings from goods were augmented by 7.05%.
  • An increase of 16.38% was registered in the total approximate revenue earnings from passengers.
  • The total approximate numbers of passengers booked registered an increase of 7.33%.
  • The approximate revenue earnings from other coaching registered a growth of 3.99%.

Highlights from Railway Budget 2014-15

Union Railway Minister D.V. Sadananda Gowda presented his first Railway Budget in Parliament. Below are the highlights of this Budget:

  • No new hike in passenger fares and freight charges
  • Bullet train in Mumbai-Ahmedabad sector
  • Diamond quadrilateral for high speed trains
  • Proposal to enhance speed of trains to 160-200 km/hr in 9 sectors
  • Online booking to support 7,200 tickets/minute; to enable 1.2 lakh users log in simultaneously
  • Revamp of reservation system, ticket-booking through mobile phones, post offices to be promoted
  • Online platform for unreserved tickets
  • Stations to have Combo parking-platform tickets
  • Women RPF Constables to escort ladies coaches; 4,000 women constables to be inducted
  • Retiring room facility to be extended to all stations
  • Battery powered Cars for differently-abled and senior citizens at major stations
  • Feedback services through IVRS on quality of food
  • Food can be ordered through SMS, phone; Food courts at major stations
  • Cleanliness budget increased by 40% over last year
  • CCTVs to be used at stations for monitoring cleanliness
  • Forming a corpus fund for stations’ maintenance
  • RO drinking water at some stations and trains
  • Automatic door closing in mainline and sub-urban coaches
  • 58 new trains and extension of 11; 864 additional EMUs to be started in Mumbai over 2 years
  • FDI in railway projects, except in operations
  • FDI, domestic investments in rail infrastructure
  • Office-on-Wheels: Internet & workstation amenities on select trains
  • WiFi in A1, A category stations and in select trains
  • Railways university for technical and non-technical subjects
  • Some stations to be built to international standards through PPP model
  • Parcel traffic to be segregated to separate terminals to make passenger traffic unhampered
  • Loss per passenger per kilometre up from 10% in 2000-01 to 23% in 2012-13
  • Use of Solar energy at major stations
  • Highest ever plan outlay of Rs. 65,455 crore for 2014-15
  • Expenditure in 2014-15 pegged at Rs. 149,176 crore.