Route stocks are changing jumbled as line pastor Pawan Kumar Bansal presents the Railway Budget to the Parliament. Titagarh Wagons is down 1.20 percent, Texmaco Rail is down 2.35% and Kalindee Rail is down 2.14 percent.
Following are the important highlights of Rail Budget 2013:
- Online reservations time may be extended
- 12th Plan railway size to be Rs5.19 lakh crore, with gross budgetary support of Rs1.94 lakh crore.
- 104 stations identified for added amenities.
- Rs1 lakh crore to be raised from public-private partnership, Rs1.05 lakh crore through internal resources in the 12th Plan
- Corporate Safety Plan to be prepared for ten-year period
- Proposed 179 escalators and more wheelchair
- Railways to set up six more Rail Neer bottling plants: Bansal.
- India joins China, Russia and the US as 1 billion-plus tonne freight carrier on Railways.
- Plan executive lounges in Bilaspur and Nagpur, says Railway minister
- Freight traffic is the mainstay of income for Railways
- Committed to green energy initiatives, says Railway minister.
- Railways plans 75MW wind power generation.
- Seek states cooperation to increase PPP projects.
- Bansal: Railways to target Rs1 lakhs crore of PPP projects in 12th Plan
- PK Bansal: Smoke and fire detection system envisaged and fire extinguishers to be kept in guard vans.
- Rs4000 crore envisaged for Coal mine connectivity projects, says Railway minister.
- SMS alert service being rolled out shortly to intimate passengers about reservation status.
- Railways plan Rs2000 crores fund for land and station development
- To award 1500 km of freight corridor projects in next fiscal.
- To transport 1 billion tones, up 38 million tones of freight in FY13, says Railway minister
- Internet booking of railway tickets to be provided from 0030 hours to 2330 hours.
- Will observe austerity measures in Railways.
- A total of Rs9000 crore envisaged for port mine connectivity projects.
- Allocation of Rs1,000 crore each made for railway land development authority and railway station development authority
- Railway Budget 2013: To fill up 1.52 lakh vacancies this year.
- Next generation e-ticketing system by end of this year
- Have spent Rs100 crores on upgrading 3 Delhi stations
- Bansal: Resource constraint can't be an excuse for sub standard services.
- Aadhar can be beneficial for Railways
- Plan for free wi-fi on trains.
- Growth of Railways is inextricably linked with the growth of the overall country.
- Railways must remain financially sustainable for its users.
- Railway plays an important role in the growth of the nation
- Scarcity of resources is a challenge being faced by Railways
- Targets need to be much higher for railways: Pawan Kumar Bansal
- Railway passengers deserve a safe and comfortable journey: Pawan Kumar Bansal.
- 11th plan fell short of targets for doubling.
- Reduction in number of train accidents
- Raising Rs95000 crore in the next 4 years needs a paradigm shift
- Safety fund provisioning is inadequate.
- Railways trying to achieve the goal of zero accidents.
- Bansal hints a huge step up in investment in automatic signalling to make rail travel safe for passengers
- Railways to borrow Rs 1 lakh crore from the market during the 12 th Plan
- Railway minister re-iterates concerns raised by Sam Pitroda panel on modernisation and Kakodar panel on safety
- Freight rates cross subsidise passenger fares, so Railways are unable to generate internal resources.:
- Plan to launch corporate safety plan for 10 years from 2014
- Committed to bring a marked change in Railway amenities
- Railways faced steep hike in input costs.
- 11th plan fell short of targets for doubling.
- Railway passengers deserve a safe and comfortable journey: Pawan Kumar Bansal.
- Losses of railways estimated at 24600 crores for 2012-13.
- 12th Plan Market borrowing at 1,20 lakh crores.
- 12th plan budgetary allocation at Rs5.19 lakh crore.
- Need paradigm shift in tariff and freight policy.
- Reduction in number of train accidents, says Bansal.
- Raising Rs95000 crore in the next 4 years needs a paradigm shift: Safety fund provisioning is inadequate, says Railway minister.
Source : Sharekhan
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