Skip to Content

Railway Budget 2012-13 Highlights

Printer-friendly version
  • Nominal hike in  train fares across all classes.
  • Hike will be from two paisa/km to 30 paisa/km.
  • Express train fare up by 5 paisa per km, 10 paisa per km for AC chair-car, 10 paisa per km for AC 3-tier, 15 paisa per km for 2-tier AC and 30 paisa per km for AC 1st class.
  • Platform tickets will cost Rs 5.
  • An independent Railway Tariff Regulatory Authority will be set up.
  • 75 new express trains and 21 new passenger trains.
  • Railways to recruit over one lakh people in the next financial year.
  • Two new board members for marketing and safety.
  • Railways will set up an independent railway safety authority.
  • Unmanned level crossings would be abolished in the next five years.
  • Railroad Separation Corporation of India to be set up to abolish unmanned LCs.
  • Target of reducing accidents from 0.55 to 0.17 has been met.
  • Sam Pitroda would head the railway modernization committee.
  • Modernisation programs for the railways will need an investment of Rs 5.60 lakh crore.
  • Operating ratio will be lowered from the current 95 percent to 84.5 percent in 2012-13, and to 74 percent by the terminal year of the 12th plan.
  • Indian Railways Stations Development Corporation will redevelop stations and maintain them on pattern of airports.
  • Special projects for the north-east and Jammu Kashmir.
  • Rail Khel Ratna Award to be given to 10 sportspersons every  year.
  • 725 km new lines, 700 km doubling, 800 km gauge conversion and 1,100 km electrification targeted in 2012-13.
  • Rs 6,872 crore provided for new lines, Rs 3,393 crore for doubling, Rs 1,950 crore for gauge conversation, Rs 828 crore for electrification.
  • Market borrowing through IRFC at Rs 50,000 cr needed in 2012.
  • Modernize rolling stock via fresh purchases of wagons, engines.
  • Gross budgetary support for Railways for 2012-13 Plan fixed at Rs 24,000 crore.
  • 19,000 km of railway tracks, which cater to 80 per cent of traffic, to be upgraded.
  • Create  1000 stations through PPP route in 5 years.
  • Longer and heavier freight trains will be run.
  • Double decker container trains to be introduced.
  • New lines to be laid in under-developed parts.
  • GPS use in railways to be enhanced.
  • New lines for Kolkata Metro.
  • Agartala will be linked to Akura in Bangladesh.
  • All meter gauge, narrow gauge sections to be made broad gauge, except heritage lines, by end of 12th Five Year Plan.
  • 14 new rail line survey to be taken up in 2012-13.
  • Logistics Corporation will be created for providing logistics solutions for rail users.
  • Annual Plan for Railway for 2012-13 of Rs 60,100 crore.
  • Expansion of suburban rail networks and addition of more services in Mumbai, Chennai and Kolkata.

Key figures from Railway Budget 2012-13

 

2010-11

Budget 2011-12

Revised 2011-12

Budget 2012-13

Gross Traffic Receipts

94.54

106.24

103.92

 132.55

Total Working Expenses

89.47

96.45

98.61

112.40

Net Railway Revenue

6.35

 11.99

7.14

 22.23

Dividend Payable

4.94

6.73

5.65

6.68

Operating Ratio

94.6%

91.1%

95.0%

84.9%

Overall Surplus (Excess)

1.40

5.26

1.49

15.56

Figures in Thousand Crore Rupees

 

How Indian Railways earned and spent in 2010-11

Rupee came from

Rupee spent

Goods earnings

65 p

Staff wages

37 p

Passenger earnings

27 p

Fuel

17 p

Sundry

4 p

Stores

4 p

Other coaching

2 p

DRF

6 p

Misc Receipts

2 p

Pension Fund

16 p

 

To protect against spam we limit the Comments only for the registerd users. Please register  or loginThank you for your understanding.

Custom Search