GURU
GYAN
RAILWAY
BUDGET-2015
ALL ABOUT RAILWAY BUDGET:
Ø RAILWAY
BUDGET is the annual Financial Statement of INDIAN RAILWAY, presented
every year by the Union Railway Minister in the Lower House i.e. LOK SABHA just
a couple of Days before the Union budget of India.
HISTORY:
Ø Railway
Finances were separated from general Government finances on the recommendation
of “Acworth Committee”, headed by William Acworth in 1920-21. Railway finances
were first separated in 1924.
IMPORTANT FACTS:
Ø First live
telecast of Railway Budget took place on 24th March 1994 by Lalu Prasad Yadav.
Ø Mamta
Banerjee was the first woman Railway Minister of India.
Ø First bullet
train was announced in 2014 by D.V. Sadananda Gowda.
Notes: - Railway
budget is presented separately because Indian Railway is among the World’s
largest employers with 1.3 million employees. India has the fourth-longest
route Network after the U.S.A., Russia and China.
Ø Railway Minister Suresh Prabhu, with the
Minister of state for Railway Manoj Sinha Presented his maiden Railway Budget
in the Lok Sabha.
HIGHLIGHT
OF THE RAILWAY BUDGET 2015:-
Ø Setting up of
‘KAYAKALP’ to help in Technology upgradation.
Ø Planned
budget for 2015-16 is 1, 00,011 crores.
Ø Train
protection warning system and anti colliding system to be developed by RDSO.
Ø Automatic
freight scheme to be launched in pan India.
Ø Increment in
speed of 9 trains from 110 km/hr. to 160 km/hr and 130 km/hr to 200 km/hr.
Ø Investment plan for next 5 years by the
government is of 8.5 Lakh crore rupees.
Ø No increment in rail fare.
Ø Increase
track length by 20% and passenger carrying Capacity from 21 to 30 Million.
Ø Private
agencies to be roped in for cleanliness drive.
Ø Free Wi-Fi facility to ‘B’ class stations under the
Scheme of Digital India.
Ø Facilities
of self operated lockers at stations & mobile phone charging facilities in
general class.
Ø Surveillance
cameras in selected watches and ladies compartments
for women’s safety without compromising on privacy.
Ø Unreserved
ticket purchase made simple through smart phones; Debit cards.
Ø Bio toilets
in trains.
Ø Mumbai-Ahmadabad
bullet train project is in last stage.
Ø No new train is introduced in the railway
budget-2015. Main idea was to focus on executing past measures.