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Showing posts from July 8, 2014

Union Railway Budget

I would like to detail some of the key highlights of the Railway budget.Key numbers§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.Financial Health§Rail infrastructure by cost sharing arrangement with State Governments; Karnataka, Jharkhand, Maharashtra, Andhra Pradesh and Haryana agreed to several projects§Several Public Private Partnerships (PPP) projects are in t…