The document compares the rail budget figures for fiscal years 2008-2009 and 2009-2010. Some key points:
- Gross traffic receipts increased from Rs. 82,393 crore to Rs. 88,419 crore but net railway revenue decreased from Rs. 11,066 crore to Rs. 8,122 crore.
- The operating ratio, a measure of efficiency, worsened from 88.3% to 92.5%.
- Initiatives in 2008-2009 included fare cuts, new trains, and infrastructure expansion. Initiatives in 2009-2010 focused on passenger amenities and safety, and adding 57 new trains and track.
- Both budgets announced many new trains but some argue too many served only
The document compares the rail budget figures for fiscal years 2008-2009 and 2009-2010. Some key points:
- Gross traffic receipts increased from Rs. 82,393 crore to Rs. 88,419 crore but net railway revenue decreased from Rs. 11,066 crore to Rs. 8,122 crore.
- The operating ratio, a measure of efficiency, worsened from 88.3% to 92.5%.
- Initiatives in 2008-2009 included fare cuts, new trains, and infrastructure expansion. Initiatives in 2009-2010 focused on passenger amenities and safety, and adding 57 new trains and track.
- Both budgets announced many new trains but some argue too many served only
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Attribution Non-Commercial (BY-NC)
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Download as PPT, PDF, TXT or read online from Scribd
The document compares the rail budget figures for fiscal years 2008-2009 and 2009-2010. Some key points:
- Gross traffic receipts increased from Rs. 82,393 crore to Rs. 88,419 crore but net railway revenue decreased from Rs. 11,066 crore to Rs. 8,122 crore.
- The operating ratio, a measure of efficiency, worsened from 88.3% to 92.5%.
- Initiatives in 2008-2009 included fare cuts, new trains, and infrastructure expansion. Initiatives in 2009-2010 focused on passenger amenities and safety, and adding 57 new trains and track.
- Both budgets announced many new trains but some argue too many served only
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Budget Initiatives of FY 2008- 2009 • Rates of AC 3, 2 and 1 tier to be cut by 4, 2 and 7% respectively during peak hours to increase the traffic. • Sleeper class fares to be cut down by 5% and super fast charges to be reduced by Rs. 8. • 50% discount for Women senior Citizens & AIDS Patients. • 10 Garib Rath & 53 New Trains to be introduced. • 5% reservation for women in Railway Protection Force. 70 days bonus for all railway employees. Railway to expand by 35000 Kms. Budget Initiatives of FY 2008- 2009 • Passengers can get E-Tickets on the Internet and Go- mumbai Cards,a multi purpose card for Mumbai trains. • Number of trains increased in peak seasons and Rs 500 crore to be spent on maintenance of platforms. • Smart Cards to be introduced for the Railway passengers and automatic signalling system to be introduced. • 20,000 freight wagons, anti-collision and fire safety devices to be introduced in all trains. • Under graduate students and females to get more concession. Budget Initiatives of FY 2009- 2010 • To ensure food and quality water in all trains and atleast 1 doctor in all long distance stations.
• Automatic ticket vending machines and security in all stations.
• Infotainment services, personalised services to be introduced in Rajdhani and Shatabdis. • To ensure Janata Food (at low price) in Trains
• Budgetary support to railways increased by Rs 5,000 crore
and 45 stations identified for religious and tourism importance. Budget Initiatives of FY 2009- 2010 • Special provisions for SCs, STs and Sportspersons. • 57 new trains to be introduced and 53 new railway tracks to be built. • 10 new Garib rath trains and Non-Stop AC Sleeper turant trains to be introduced and connect major metros. • Ladies special in Delhi,kolkata and in chennai and scholarship for higher education of girls of railway oficials. • New houses to be built for 6650 Railways employees and Railway Medical Colleges,Hospitals to be set up. COMPARISON • More focus on future plans in previous budget ie. 35000 kms addition of railway tracks, Modernisation of security system, than compared to this. • Budget of 2008 – 09 was more election oriented and hence measures like fare cut and concessions were adopted. • New initiatives like E Ticketing, Smart Card and Tatkal Reservation Scheme were very visionary in previous budget. • Commitment of One Doctor in every long distance trains shows the concern of present government towards the safety of passenger. • Infotainment and personalized services in trains like Shatabdi and Rajdhani will certainly put forth a strong competition with low fare airlines and also will ensure world class facilities in these special trains. • New trains introduced in both the budgets were mostly for the native states of Railway Minister, this is not a good practice and needs to be curbed. • There should be limit to provide subsidy to an extent that it should not affect the future development plans as funds get diverted to these subsidies rather than getting invested in projects for future developments. • Enough consideration for modernization projects has not been given in both the budgets, which is required to be given. SUGGESTIONS • More focus on allocation of budgetary expenditure on technical advancement. • Advanced systems to be procured to avoid delay of trains in foggy conditions. • Steps to be taken to promote online booking since it will cut down expenses on operations and also will be more environmental friendly. • Hygiene and Sanitation of stations needs to be improved. • Electrification, conversion in to broad gauge and construction of special corridors are required to be speeded up. • Utilization of vacant land is a good step being taken but it should be deadline based completion. • Computerization of all offices of railway department and its awareness should become the priority. THANK YOU