Modi Govt's Railway Budget 2014: Highlights

Follow highlights of the Railways Budget 2014-15:
* New Trains: 5 Jansadharan, 5 Premium & 6 AC, 27 Express Trains, 8 Passenger, 5 DEMU & 2 MEMU services; 11 train extensions
* Internet & Workstation facilities on select trains.
* Diamond quadrilateral to be launched for high-speed trains; Rs 100 crore allocated for taking project forward
* Summer internships for under-graduates of engineering & management studies.
* Setting up of Railway University for technical and non-technical subjects. Tie-up with technical institutions.
* Trains on select routes to be speeded up to 160-200 km per hour
* Ticketing to be further modernised to issue 7,200 tickets per minute
* Land records need to be digitised for better utilisation; PPP mode to be explored for better management and revenue
* Innovation Incubation Centre to be set up
* 4,000 women constables recruited in RPF to make travel in women's coaches safer
* Pre-cooked ready-to-eat meals to be introduced
* Food courts to be introduced at major stations to provide regional flavour; pilot project on New Delhi-Amritsar and New Delhi-Jammu Tawi routes
* Forty percent increase in expenditure on cleanliness; CCTVs to monitor cleanliness at stations
* Special train on teachings of Swami Vivekananda
* Receipts in 2014-15 estimated at Rs 164,374 crore, expenditure at Rs 149,176 crore
* Fare revision will bring in Rs 8,000 crore; need another Rs 9,000 crore for golden quadrilateral project
* Backbone of supply chain of defence establishment
* Carry one billion tonnes of freight every year
* Decline in traffic growth in 2013-14
* Would require Rs 5 lakh crores in 10 years for modernisation
* Receipts in 2013-14 were Rs 139,550 crore; expenditure was Rs 130,321 crore
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