- 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 |