2016 Railway Budget of India

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 () 2016 Railway Budget of India
Emblem of India.svg
Submitted by Suresh Prabhu, Railway Minister
Presented 25 February 2016
Parliament Indian Parliament
Party Bhartiya Janta Party
Website www.indiabudget.nic.in
‹ 2015

2016 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2016–17. The budget was presented by the Railway Minister Suresh Prabhu in the Parliament on 25 February 2016. [1] It was the final Railway Budget of India as after this budget, the Railway Budget got merged with the Union Budget of India.

Indian Railways Indian state-owned enterprise, owned and operated by the Government of India

Indian Railways (IR) is India's national railway system operated by the Ministry of Railways. It manages the fourth-largest railway network in the world by size, with 121,407 kilometres (75,439 mi) of total track over a 67,368-kilometre (41,861 mi) route. Eighty percent of the routes are electrified with 25 KV AC electric traction while thirty three percent of them are double or multi-tracked.

Fiscal year

A fiscal year is the period used by governments for accounting and budget purposes, which varies between countries. It is also used for financial reporting by business and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis, but generally do not require the reporting period to align with the calendar year. Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxation, such as income tax. Many annual government fees—such as Council rates, licence fees, etc.—are also levied on a fiscal year basis, while others are charged on an anniversary basis.

Suresh Prabhu Indian politician

Suresh Prabhakar Prabhu is an Indian politician and currently serving as the Minister of Commerce & Industry and Civil Aviation under the Modi government.

Contents

Summary

There were no fare hikes. It was announced that the freight tariffs would be changed to make them more competitive to the cost of transport by road. [2] The capital outlay for 2016-17 was set at ₹1.21 lakh crore (US$18 billion), a 20% increase from last year. [3] The revenue from traffic was projected at ₹1.85 lakh crore (US$27 billion). [4]

Cleanliness

It was announced that 17,000 bio-vacuum toilets would be installed on various trains. These toilets use a bacterium developed by the DRDO in the compost tank. Additional toilets would be built in 475 stations. [5] [6] A "Clean My Coach" initiative was announced which will allow passengers to request cleaning service by SMS. [7]

Composting toilet A type of toilet that treats human excreta by a biological process called composting

A composting toilet is a type of toilet that treats human excreta by a biological process called composting. This process leads to the decomposition of organic matter and turns human excreta into compost. It is carried out by microorganisms under controlled aerobic conditions. Most composting toilets use no water for flushing and are therefore "dry toilets".

SMS text messaging service component

SMS is a text messaging service component of most telephone, internet, and mobile-device systems. It uses standardized communication protocols to enable mobile devices to exchange short text messages. An intermediary service can facilitate a text-to-voice conversion to be sent to landlines. SMS was the most widely used data application, with an estimated 3.5 billion active users, or about 80% of all mobile subscribers, at the end of 2010.

Safety

A target to eliminate all unmanned railway crossings by 2020 was announced. There are about 11,000 unmanned crossings in India. The 2015 budget had allocated ₹6,581 crore (US$958 million) to eliminate 3,500 of these crossing. But by February 2016, work had been completed on only 1,000 of them. [8] CCTVs will be installed in major stations. [9] It was also announced that travel insurance will be offered to passengers. [10]

Convenience and comfort

New SMART (Specially Modified Aesthetic Refreshing Travel) coaches will be introduced, which will be roomier and have automatic doors, entertainment and vending machines. FM radio stations will be invited to provide entertainment at selected stations. The railway magazine, Rail Bandhu, will be now published in all regional languages and would be available for purchase to reserved passengers. [9]

Facilities for senior citizens, women and differently-abled persons

The budget introduced some new facilities for senior citizens, women and differently-abled persons. The number of lower berths reserved for senior citizens was increased by 50% to about 120 per train. Under the reserved category, 33% was earmarked for women travelers. In all coaches, the middle bays were reserved for women. A 24-hours helpline for women was announced. [11] Women traveling with infants will provided with baby foods, milk, hot water and diaper-changing boards on trains and stations under the "Janani Seva" initiative. [7] [12]

It was also announced that differently-abled persons will be able to register once online to avail concession. New Braille-enabled coaches will be introduced. Wheelchairs will be allowed to be booked online. Under the Accessible India Campaign, all stations currently under redevelopment will be made disabled-friendly. [13]

New trains and projects

Antyodaya Express will be a fully unreserved Superfast Express class of trains which will run on dense routes. A few unreserved additional coaches called "Deen Dayalu" coaches will added to long distance trains. These coaches will have potable water and mobile charging ports. [14] The Mahamana Express between Delhi and Varanasi was announced with upgraded coaches. [15]

Humsafar Express, an AC 3-tier service with optional meal service, targeted at the middle class was announced. [16] Tejas will be a semi-high speed train with a speed of 130 km/h. It will provide onboard WiFi, entertainment and local cuisine. [14] Uday Express or Utkrisht Double Decker Air Conditioned Yatri Express will be double-decker trains with 40% additional passenger capacity. They will run overnight on busy routes. [14] [16] Three new freight corridors were announced: Delhi to Chennai, Kharagpur to Mumbai, and Kharagpur to Vijaywada. [2]

Other

A Special Unit for Transportation Research and Analytics (SUTRA) was announced to datamine the 1TB of data collected annually by the railways. [9] It was reported that an audit of operations in the Ghaziabad to Mughalsarai section has been started. The heavy traffic section used to affect the entire network. Following the audit, some improvement in punctuality were observed. [5]

Responses

Prime Minister Narendra Modi called the budget passenger-centric and said that it caters to all sections of the society. [17] Transport Minister Nitin Gadkari called the budget reformative and claimed that it will change the basic infrastructure of the railways. [18]

The Aam Aadmi Party in a statement called the budget oblivious to the needs of the common man. It claimed that the budget panders to the corporations. It also pointed out that the benefit of falling oil prices were not passed on to the passengers. [19] INC leader Shashi Tharoor said that the budget seemed like corporate presentation and that it had no concrete proposals for changes in the services. [20]

Odisha Chief Minister Naveen Patnaik welcomed the increased allocation of funds towards his state, a 30% increase from 2015. He also praised the extension of the Kharagpur to Vijayawada freight corridor. [21] Gujarat Chief Minister Anandiben Patel praised the railway budget for the facilities provided to senior citizens and women. [22]

The stock market index SENSEX fell 113 points after the announcement. The stock values of companies in the railway sector also fell. [23]

See also

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References

  1. ↑ "Railway Budget may tickle taste buds of passengers". The Hindu . 25 February 2016. Retrieved 27 February 2016.
  2. 1 2 "Rail budget: No hike in fares; 3 more freight corridors, cut in goods tariff on its way". The Indian Express . 26 February 2016. Retrieved 27 February 2016.
  3. ↑ "Rail Budget 2016: JV with states, bonds likely to fund Rs 1.21-lakh crore capex plan". The Economic Times . 26 February 2016. Retrieved 27 February 2016.
  4. ↑ "Rail Budget 2016 in numbers". The Times of India . 25 February 2016. Retrieved 27 February 2016.
  5. 1 2 "Railway Budget 2016: 17,000 bio-vacuum toilets to be installed on trains". India Today . 25 February 2016. Retrieved 27 February 2016.
  6. ↑ "All trains to have bio-toilets in the next five years". The Hindu . 27 March 2015. Retrieved 27 February 2016.
  7. 1 2 "Rail Budget 2016: Baby food, CCTVs to rein in touts, clean coaches via SMS". The Asian Age . 26 February 2016. Retrieved 27 February 2016.
  8. ↑ "Unmmaned crossings to be eliminated by 2020: Prabhu". Hindustan Times . 25 February 2016. Retrieved 27 February 2016.
  9. 1 2 3 "Modern coolies, Data SUTRA, more goodies in Rail Budget". India Today . 25 February 2016. Retrieved 27 February 2016.
  10. ↑ "Rail travel insurance on the cards". The Hindu . 26 February 2016. Retrieved 27 February 2016.
  11. ↑ "Rail Budget 2016: For women, more quotas and enhanced safety measures". The Times of India . 25 February 2015. Retrieved 27 February 2016.
  12. ↑ "Railway Budget: Please-all Prabhu Express". The New Indian Express . 26 February 2016. Retrieved 27 February 2016.
  13. ↑ "Soon, Differently-Abled Can Avail Rail Travel Concessions Online". NDTV . 26 February 2016. Retrieved 27 February 2016.
  14. 1 2 3 "Railway Budget 2016: New trains proposed by Suresh Prabhu". The Indian Express . 25 February 2016. Retrieved 27 February 2016.
  15. ↑ "Railway Budget 2016: Only Varanasi gets new train; Mahamana Express to have modern coaches". DNA India . 25 February 2016. Retrieved 27 February 2016.
  16. 1 2 "Humsafar to Uday: With 4 new trains, Prabhu offers solutions to all". Hindustan Times . 25 February 2016. Retrieved 27 February 2016.
  17. ↑ "Rail Budget caters to all sections: PM Narendra Modi". The Times of India . 25 February 2016. Retrieved 27 February 2016.
  18. ↑ "Rail Budget reformative, will change face of railways: Nitin Gadkari". The Economic Times . 26 February 2016. Retrieved 27 February 2016.
  19. ↑ "Rail budget "document of illusion": AAP". Business Standard . 25 February 2016. Retrieved 27 February 2016.
  20. ↑ "Congress: Rail Budget more like corporate presentation". The Hindu Business Line . 25 February 2016. Retrieved 27 February 2016.
  21. ↑ "Rail Budget 2016: Patnaik lauds enhanced allocation for Odisha". Business Standard . 25 February 2016. Retrieved 27 February 2016.
  22. ↑ "Rail Budget 'public need-oriented': Gujarat CM". The Indian Express . 26 February 2016. Retrieved 27 February 2016.
  23. ↑ "Sensex slips 113 points after rail budget fails to inspire market". The Hindu . 25 February 2016. Retrieved 27 February 2016.
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