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Highlights of Railway Budget 2015

Highlights of Railway Budget 2015

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Rail Budget 2015 Rail Budget 2015[/caption] Railway Minister Suresh Prabhu presented the Rail Budget 2015-16 in the Lok Sabha on Thursday. The key themes of the Budget were in line with Prime Minister Narendra Modi’s initiatives – Swachch Bharat Mission, Make in India and Digital India. Highlights of The Railway Budget 2015:

Kisan Yatra � a special travel scheme for farmers finds mention in Rail Minister Suresh Prabhu’s speech.

Skill-development and self-employment to be encouraged on Konkan Railway mode.

Four Railway Research Centres to start in four universities

100 DEMUs to be converted to dual fuels.

Making efforts to get noise levels of locos to international standards.

Water-recycling plants to be set up after a water audit.

1,000-MV solar plants to be set-up by developers on Railway Pvt. Land and on railway building at own cost.

Yoga training will be given to railway guards.

Monetisation of Railway resources rather than selling assets will be the focus.

2,000 cr for Coastal Connectivity Program; Rs.2,500 cr through BOT/Annuity route. 1,000-MW solar plant; 100 DEMUs to dual fuel.

Process and procedures simplified to prevent delays; internal audit of systems.

Encroachment on Railway land a serious issue, digitised mapping of land has been initiated to counter this.

Digitised mapping of Railway land has begun to check encroachment.

Plan size increased by 52%; 41.6% GBS; 17.8% internal generation.

Financing Cell to be set up to increase revenue.

Rail Minister Suresh Prabhu proposes systems audit for entire Railways in next few months.

Decentralise, deregulate and delegate to make freight business simpler.

JV with major public sector companies for meeting requirements of new lines.

Will set up �Kayakalp� to help in Technology Upgradation

Framework to facilitate private investment has been readied; MUTP-III, JV with states,PSUs.

PPP cell to be revamped to make it result-oriented & a new Model Concession Agreement will be launched.

I propose to move from preventive to predictive maintenance of Railways.

We intend to introduce technology portal to invite innovative technological solutions.

Corporate safety plans; ISRO to be involved; 3,438 level crossings to be eliminated, railway expenses increased by 2,600%.

Rail Minister Suresh Prabhu proposes PPP cooperation for end-to-end logistics management at select stations.

Feasibility study for High Speed Rail between Mumbai and Ahmadabad is in advanced stage and is expected by mid-year

Safety is of paramount importance.

Studies being commissoned for high-speed trains on other routes on the diamond quadrilateral.

Speedier Railways � 9 hi-speed corridors, high-speed trains, Make in India opportunities.

Speed on nine railway corridors to go up to 200 km/hour.

Speed will be increased, so Delhi-Kolkata journey can be done overnight.

Newly manufactured coaches will be Braille-enabled and have wider entrances for differently-abled passengers.

Private freight terminals reviewing of WLS, SFTO, PFT schemes under process; automatic freight rebate system launched and to be expanded.

917 road under-bridges and over-bridges to be constructed to replace 3,438 railway crossings with Rs. 6,581 crore.

State-of-the-art perishable cargo center under completion for farmers.

Uproar as Suresh Prabhu asks MPs to donate from MPLAD funds for improving passenger amenities.

TRANSLOC � new PSU � end to end logistics solution.

1,330% increase in railway electrification over previous year.

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