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Highlights of interim railway budget 19 new lines to be taken up for survey. Published: February 12, Gulf News. IANS. SMALL; MEDIUM. National Portal of India is a Mission Mode Project under the National E-Governance Plan, designed and developed by National Informatics. Indian Railway, Asia's second largest rail network, puts forward its budget annually. This presentation will provide an overview of Interim Rail.


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Railway Minister Mallikarjun Kharge presented his interim rail budget 2014-15 Railway budget for the financial year However, some important announcements were made but he could not even complete his speech thanks to the uproar in the House over the Telengana issue with the house adjourning as usual over the fracas.

Interim Railway Budget highlights | Loudspeaker News,

Here are the major announcements made in this interim rail budget Launching of enhanced connectivity to the Northeastern states. Rail Tariff Authority being set up to regulate train fare hikes.

Those trains are given in red. This line follows the northern bank of the Brahmaputra river and straddles the Arunachal border though no part of it actually runs through the state. This line is strategically very important for India.

The 24 km Udhampur — Katra section in Jammu and Kashmir will be opened soon for traffic and will connect more of Jammu to the nation. Even though some of these incidents were caused due to inadvertent acts of negligence on the part of passengers, Railways have initiated action to ensure that such incidents are averted at all costs and loss of lives interim rail budget 2014-15.

Based on the success of these trials, this will be extended to all major passenger trains; and viii. Besides, various interim rail budget 2014-15 undertaken to prevent fire incidents on trains are as under: Use of fire retardant materials inside coaching vehicles; b.

Multi-tier protection for electric circuits; c. Provision of portable fire extinguishers in AC coaches, Guard-cum-luggage break vans, pantry cars and locomotives; d.


Introduction of electrical induction based cooking appliances in replacement of LPG in pantries and e. Intensive checks on parcel vans and Guard-cum-luggage break vans against explosives and inflammable materials.

Madam, I firmly believe that Indian Railways is primarily a commercial organization and it must operate in a financially self sustaining manner. Major segments interim rail budget 2014-15 its business interim rail budget 2014-15 freight as well as passenger - should be market driven, address needs of users, provide value for money and avoid tendencies to exploit its dominant presence in the transport sector.

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Interim rail budget 2014-15 of financial resources is a key constraint to Railways following the desired path. Aspirations of the people channelized through their elected representatives for extending the rail network to their regions are all valid and need interim rail budget 2014-15 be respected.

In fact, Railways have happily acknowledged and accepted many of these. I wish to place on record my appreciation of the initiative of the State Governments of Karnataka, Jharkhand, Maharashtra, Andhra Pradesh, and Haryana for agreeing to share cost of several Rail projects in their respective areas, and appeal to other State Governments to follow suit.

Interim Railway Budget 2014-15 highlights

This will go a long way in catalysing creation of Rail infrastructure for overall national growth. While efforts interim rail budget 2014-15 the government to provide precious financial resources for growth of Indian Railways would undoubtedly continue, the phenomenal investment needs of rail infrastructure cannot be met entirely through Interim rail budget 2014-15 Budgetary Support, Internal Generation of Railways and Market Borrowing.

Railways have therefore started targeting private investment in rail infrastructure to bridge the gap. Investment in Railways is being stepped up by partnership with the private sector.