Railway Budget 2012: Dinesh Trivedi wins aam-aadmi's hearts
First
hike
in
passenger
fares
in
last
10
years.
Rs
12
hiked
over
300
km
journey.
10
pc/
km
hike
in
AC
fares.
2
paise/km
to
30
paise/km
increase
in
fares.
[Read
More:
Rail
Budget:
'No
steep
hike
in
fares']
1:51
PM
50
%
concession
in
AC
and
AC
chair
cars
for
sickle-cell
anaemia
patients.
Under
Izzat
Scheme,
fares
according
to
kilometres
travelled
to
be
increased:
Trivedi
[UPDATE:
Rail
fares
hiked:
Mamata
upset,
Dinesh
Trivedi
to
resign?]
1:48
PM
Good
news
for
passengers
-
there
will
not
be
any
steep
hike
in
railway
fares,
says
Trivedi.
1:46
PM
Karnataka
mining
scam
left
a
grave
impact
on
Railway
budget
2012
as
Trivedi
said
that
continued
ban
on
iron
ore
by
Karnataka
has
led
to
downfall
of
993
to
970
million
metric
tonnes.
1:43
PM
Freight
earning
target
at
Rs
89,339
crore.
The
ministry
expected
a
revenue
of
30%
in
2012-13
at
Rs
89,000
crore
in
the
same.
1:39
PM
The
minister
claimed
that
number
of
passengers
expected
to
increase
by
5.4%.
Passenger
earnings
expected
to
go
up
to
Rs
3,673
crore.
1:37
PM
Satellite
based
real-time
information
of
trains
to
update
passengers
on
all
running
trains
in
next
18
months,
said
Trivedi
who
also
informed
that
they
have
plan
to
set
up
three
training
centres
for
training
in
disaster
management.
1:33
PM
Guru
Parikrama
special
trains
to
run
through
Amritsar,
Patna,
Nanded
routes,
said
Dinesh
Trivedi.
1:29
PM
To
minimise
human
error,
proper
rest
period
will
be
introduced.
e-procurement,
e-auction
of
scraps
planned.
Trivedi
also
proposed
to
modernise
production
units.
1:25
PM
Trivedi
will
make
Indian
Railways
more
hygienic.
Cleanliness
standards
to
be
improved
within
next
6
months,
said
Trivedi.
1:18
PM
Showing
his
confidence
on
the
ministry,
Trivedi
claimed
that
the
challenging
task
of
converting
DC
to
AC
has
been
achieved
in
the
western
railways,
in
Central
Railways
and
in
Pune.
12:57
PM
825
km
of
gauge
conversion
to
be
completed,
stated
Trivedi
who
also
urged
all
state
governments
to
come
forward
to
share
the
cost
to
facilitate
early
completion
of
projects.
12:54
PM
The
Union
Railway
Minister
informed
that
85
new
line
projects,
114
new
line
surveys
to
be
carried
out.
All
the
lines,
which
the
Planning
Commission
has
given
approval
for
have
been
included,
informed
Trivedi.
12:53
PM
Trivedi proposed Rs 4,410 core for capacity augmentation works. Special trains have been offered for Navi Mumbai as Trivedi said that they have plan to start coaching complex and terminal in Navi Mumbai. [Read More: Rail Budget: 75 new express trains announced]
12:50 PM
Trivedi
said
that
the
ministry
has
plans
to
to
set
up
Indian
Railway
Station
Organisation
to
redevelop,
maintain
stations
on
the
lines
of
airports.
Double
decker
container
trains
also
planned.
12:47
PM
Total
investment
to
modernise
signalling
system
at
Rs
39,110
crore.
Trains' speed
limit
to
be
set
at
160
km/ph.
Total
investment
to
modernise
signalling
system
at
Rs
39,110
crore.
12:44
PM
Plan
to
modernise
19,000
km
through
renewal
upgradation
of
tracks.
Signalling
system
will
be
modernised.
The
track
to
be
modernised
accounts
for
80%
of
the
traffic:
Dinesh
Trivedi
12:41
PM
Dinesh
Trivedi
claimed
that
he
had
only
two
options
-
either
to
keep
the
railways
status
quo
or
byte
the
bullet.
12:31
PM
Want
to
reduce
operating
ratio
from
95%
to
84.9%
in
FY
2012-13.
A
huge
sum
of
Rs
14
lakh
crore
is
required
in
the
next
10
years
for
this
sector:
Trivedi
[Read
More:
Rail
Budget:
Railways
to
borrow
Rs
50,000
cr
in
2012-13]
12:29
PM
The
minister
claimed
that
he
has
chosen
modernisation
to
become
a
powerful
growth
mechanism
for
the
Indian
economy.
The
areas
of
focus
are
safety,
consolidation,
decongestion
and
augmentation,
modernisation,
said
Trivedi.
12:28
PM
Most
of
the
projects
can't
be
completed
in
a
time-bound
manner
unless
supported
by
Government.
The
choice
before
me
is
either
to
keep
the
system
dragging
or
build
a
modern
system,
said
Trivedi.
12:26
PM
Indian
Railways
will
invest
Rs
3.5
lakh
crore
during
the
12th
plan
in
Railways.
The
minister
sought
Rs
2.5
lakh
crore
as
budgetary
support
from
Government
in
the
12th
Plan.
12:23
PM
Dinesh
Trivedi
proposed
to
set
up
a
Railway
Research
&
Developmental
Council.
Investment
under
12th-5
year
is
estimated
as
7.35
lakh
crore.
12:21
PM
Anil
Kakodkar
to
head
the
rail
safety
panel.
Funding
is
an
issue
which
needs
to
be
collectively
dealt
with.
12:19
PM
The
railway
minister
is
not
satisfied
with
the
current
safety
measure.
Special
purpose
vehicle
to
be
set
up,
independent
rail
safety
authority
also
to
be
set
up,
said
Trivedi.
12:15
PM
Dinesh
Trivedi
started
addressing
the
Parliament
and
claimed
that
the
Rail
Budget
2012-13
has
been
prepared
citing
the
demands
and
needs
of
common
man.
12:00
PM
Highly
placed
sources
in
the
Ministry
has
claimed
that
Trivedi
could
reveal
plans
for
internal
generation
of
fund
from
additional
resources
like
commercialisation
of
stations.
11:49AM
Rail
Budget
2012
to
be
presented
in
Parliament
after
Question
Hour.
Meanwhile
the
Lok
Sabha
has
been
adjourned
till
noon
after
uproar
over
shortage
of
coal
for
power
plants
in
Bihar.
11:46AM
The
copies
of
the
Rail
Budget
have
been
brought
to
the
Parliament.
11:34AM
Strong
indications
from
sources
that
Railways
could
impose
a
safety
nest
cess.
11:27AM
With Union Railway Minister all set to present his maiden Railway Budget on Mar 14, there is much anticipation if there will be a hike in passenger fares. [Read: No fare hike; safety cess likely]. With the Indian Railways facing a financial crunch, Dinesh Trivedi was speaking to reporters before heading to Parliament where he said, "The Budget is going to be very good, specially for the common man."
He added that the Indian Railways is going to shine like gold after the budget and said, "Railways is an important part of infrastructure. The Rail Budget will make sure that Indian Railways shines like gold. Our smile is conveying everything. The Railway Budget is going to be good."
The budget is expected to be presented at 12PM.
OneIndia News