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You are here: Home / Rail Budget 2016 / Rail Budget 2016 Key Announcements in Numbers

Rail Budget 2016 Key Announcements in Numbers

February 25, 2016 pcadmin Leave a Comment

Rail Budget 2016 Key Announcements in Numbers

Some of the numbers you need to know from Suresh Prabhu’s Rail Budget 2016:

* Expect saving of Rs 8,720 this year
* Operating ratio at 92% FY17 as against 90% in current year
* Traffic revenue target at Rs Rs 1.85 lakh crore
* Capital plan of Rs 1.21 lakh crore
* Expect revenue growth of over 10% this year
* Rs 8,720 crore saving in fuel cost like power
* Commission 2,800km of new tracks in next year, almost 30% higher than last year
* Rs 8.5 lakh crore to be spent over 5 years for modernization of railway infrastructure
* Generate Rs 9 crore mandays in FY17-18, Rs 14 crore mandays in FY18-19
* Railway electrification increased by 50%; 2,000km route to be electrified next fiscal
* Completely paperless contract system in 2016-17
* WiFi in 100 stations this year and 400 other stations next year
* Railways to get Rs 40,000 crore budgetary support from the government
* Rs 30,000 crore is the loss on subsidizing passenger fares
* 20% less accidents this year
* To have CCTV surveillance at all stations, 300 major stations covered this year
* Enhanced capacity of e-ticketing system – from 2000 tickets a minute to 7200 a minute (to support 120,000 concurrent users)
* 44 new projects valued at Rs 92,714 crore to be implemented this year
* 2 locomotive factories at the cost of Rs 40,000 crore to be set up
* 17 states agree to form JVs with Indian Railways for construction of rail-over-bridges
* 124 MPs have committed to contribute from MPLADS for passenger amenities
* 400 stations to be re-developed through PPP
* Overnight double-decker train Uday Express to be introduced on busiest routes, carrying capacity to be increased 40% more
* Lower berth quota for senior citizens to be increased by 50%
* Will introduce sub-quota of 33% for women in each of the reserved categories in catering
* Three direct services, fully air-conditioned Humsafer, to travel at 130km per hour
* To introduce 20,000 screen rail display network for passing info to passengers and huge advertising potential
* Aim to generate 10-20% of revenues from non-tariff sources over next 5 years by monetising assets
* Models to determine revenue potential of at least 20 stations in next 3 months
* 17,000 additional bio-toilets to be provided by the end of current fiscal
* 2,800km of broad gauge track conversion envisaged
* 7km of broad gauge lines to be commissioned every day during 2016-17

Source

Filed Under: Rail Budget 2016, Railway News

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