Highlights of the Railway Budget 2015-16

 

1. IR to become prime mover of economy once again

2 Resource Mobilization for higher
Investments

3. Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge
conversion, doubling, tripling and electrification

4. Project delivery

5. Passenger Amenities.

6.Safety

7. Transparency & System Improvement.

8. Railways to continue to be the preferred
mode of transport for the masses.

9. Sustainability.
Four goals for Indian Railways to transform over next five years:
a) To deliver a sustained and measurable improvement in customer experience.
b) To make Rail a safer means of travel.
c) To expand Bhartiya Rail’s capacity substantially and modernise infrastructure.: increase
daily passenger carrying capacity from 21million to 30 million: increase track length by 20%
from 1,14,000 km to 1,38,000 km: grow our annual freight carrying capacity from 1 billion
to 1.5 billion tonnes.
d) Finally, to make Bhartiya Rail financially self-sustainable. Generate large surpluses from
operations not only to service the debt needed to fund our capacity expansion, but also to
invest on an on-going basis to replace our depreciating assets.
Execution strategy to have five drivers:
a) Adopting a medium-term perspective:
Railway Budget part of trilogy of documents viz. the White Paper placed today, Budget
2015-16 & a Vision-2030 document which will follow. Budget proposals to mark beginning
of a Five Year Action Plan to transform the Railways.

PROPOSED INVESTMENT PLAN (2015-2019)
Item                                                                                                                 Amount (Rs in crore)
Network Decongestion (including DFC, Electrification, Doubling
including electrification and traffic facilities)                                                                         199320

Network Expansion (including electrification)                                                                      193000

National Projects (North Eastern & Kashmir connectivity projects)                                 39000

Safety (Track renewal, bridge works, ROB, RUB and Signalling &                                  127000
Telecom)
Information Technology / Research                                                                                         5000

Rolling Stock (Locomotives, coaches, wagons – production &
maintenance)                                                                                                                             102000

Passenger Amenities                                                                                                                   12500

High Speed Rail & Elevated corridor                                                                                      65000

Station redevelopment and logistic parks                                                                            100000

Others                                                                                                                                             13200

TOTAL                                                                                                                            8,56,020