Mumbai-Ahmedabad to get first Bullet train: D V Sadananda Gowda

July 8, 2014

Bullet

New Delhi, Jul 8: Railway minister DV Sadananda Gowda presented his maiden budget with a recent sharp increase in fares and freight charges.

"We want to make railways people-friendly," Gowda, who had launched a social media platform on Monday for interactions between railways authorities and "netizens", said before presenting the railway budget.

"Passengers are hoping amenities will improve. We will try to fulfil the demands."

Railways Budget

?Budget Highlights:

• Grateful to honourable PM Narendra Modi ji for having given me this opportunity and for entrusting me with this responsibility

• I can get claps from this house by announcing many new projects but that would be rendering injustice to the struggling organization

• The fare revision was tough but a necessary decision - it will bring Indian Railways an additional revenue of 8,000 crores

Increased Funds to Ensure Passenger Amenities and Cleanliness:

Honesty is the first chapter in the book of wisdom

• It gives me immense pleasure to present my first Railway Budget flooded with suggestion for new trains, new railway lines

• We now target to become the largest freight carrier in the world

• Indian railways carry only 31% of the total freight in the country.

• 5 lakh crore required each year for the next ten years for ongoing projects alone

• 23 paisa lost per passenger per km in 2012-13

• Social obligation of Railways in 2013-14 was Rs. 20,000 crore

• Focus on sanctioning projects rather than completing them

• The more projects we add the thinner we spread our resources

• Indian Railways carries more than the entire population of Australia in a day

• Populist projects and mismanagement have brought Railways to point of funds crunch

• This state of affairs in railways needs immediate course correction

• Gross traffic receipts in 2013-14 was Rs. 1.3 lakh crore, operating ratio was 94 per cent

• Indian Railways spent Rs. 41,000 crore on laying of 3,700 km of new lines in last 10 years

• Need to explore alternative sources of resource mobilisation and not depend on fare hike alone

• Large part of the budget outlay to go to safety projects

• Maximum financial outlays for projects slated for completion in this area itself

• High priority areas - safety, cleanliness, passenger amenities and capacity augmentation

• Future projects to be financed on public-private partnership model

• Plans to attract investment from domestic and foreign players in infrastructure; focus to be on aggressive indigenisation

• FY15 Total Expenditure Pegged At Rs.1.49 lakh crore

• FY15 total receipts pegged at Rs.1.64 lakh crore

• Propose to hike budgetary plan outlay to Rs.47,650 crore

• FY15 passenger fare revenue pegged at Rs.44,600 crore

• Pre-cooked meals by reputed brands, focus on cleanliness and passenger feedback

• Outsource cleaning activities at 50 major stations, separate housekeeping wing for cleanliness and sanitation

• CCTVs to be used for monitoring cleanliness

• RO Drinking water at stations and trains

• Corporates encouraged to adopt stations for better maintenance and upkeep

Safety for Women Passengers:

• 17,000 Railway Protection Force personnel to be available soon

• Introduction of women RPF constables, coaches meant for women to be escorted for greater safety

Bullet train:

• Indian Railways on course to fulfill its long cherished dream. I propose a Bullet train on the Ahmedabad - Mumbai sector

• Higher speed for existing trains will be achieved by upgrading the present networks

Reservation system will be revamped:

• Railways to scale down market borrowings to Rs. 11,790 crore

• Reservation system will be revamped and ticket-booking through mobile phones and post offices popularised

• Wi-fi Services in all A Category stations and trains

• To Have Diamond Quadrilateral Network for High-speed Trains

• Digital Reservation Charts at stations

• Parcel traffic separated to requisite terminals, dedicated trains running on fixed timetable

• New design of parcel vans -- measures taken in order to improve earnings from the parcel system

• Special initiatives via the PPP mode for transport of fruits and vegetables and milk

• Bio-diesel upto 5% to be used in diesel locomotives

• 23 projects underway in North-East. Propose to allocate higher funds than previous year for these projects

• Future e-Ticketing to support 7200 tickets per minute and to allow 1.2 lakh simultaneous users

• Dedicated freight corridor projects will be closely monitored

• Experimental stoppages to be reviewed solely on the basis of feasibility and viability after 3 months

• Government to make e-procurement compulsory for procurements over Rs. 25 lakh

• GIS Mapping and digitisation of Railway Land

• 18 new line surveys, 10 surveys for doubling 3rd and 4th lines and gauge conversion.

• Office-on-Wheels; internet and workstation facilities on select trains.

• Setting up of logistic parks, private freight terminals on PPP model

• Connectivity to ports through PPP, procurement of parcel vans and rakes by private parties for resource augmentation

• Will offer wifi-services in all 'A' category trains and A1 stations.

• To have digital reservation charts at stations.

• Working on making railway offices paperless in five years

• e-Ticketing through mobile phones will be popularized.

* Indian railways to become the largest freight carrier in the world.

* Social obligation of Railways in 2013-14 was Rs 20,000 crore.

* Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent.

* Focus in past has been on sanctioning projects rather than completing them, Railway minister says.

* Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years.

* Fare revision will bring in Rs.8,000 crore; need another Rs.9,000 crore for golden quadrilateral project.

* Railways also proposes to set up Food Courts at major stations.

* Need to explore alternative sources of resource mobilisation and not depend on fare hike alone, Railway minister says.

* Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa.

* With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australia's population.

* Separate housekeeping wing at 50 major stations.

* CCTV to monitor cleanliness activities.

* Mechanized laundry will be introduced.

* Dedicated freight corridor on Eastern and Western corridors.

* 5400 unmanned level crossing removed.

* Tourist trains to be introduced to link all major places of tourist interests across the country.

* 4,000 women constables to be recruited to ensure safety of women. 17,000 RPF constables to provide safety to passengers.

* Setting up of Railway University for technical and non-technical study.

* Ultrasonic system to detect problem in track.

* Proposal to start Bullet trains in Mumbai—Ahmedabad route. Speed of important trains will be also raised.

* Diamond Quadrilateral project of high speed trains to connect all major metros.

* E-ticketing system to be improved. Future e-ticketing to support 7200 tickets per minute & to allow 120,000 simultaneous users

* Wifi in A1 and A category stations and in select trains. Internet-based platform and unreserved tickets.

* GIS mapping and digitization of Railway Land. Extension of logistics support to various e-Commerce Companies.

* Bulk of future projects will be financed through PPP mode.

* Facilitate transport of milk through rail. Special milk transportation trains in association with Amul and National Dairy Association Board.

* One ticket to reach from Delhi to Srinagar. Uddhampur to Banihal by bus and Banihal to Srinagar by train.

* Mumbai local to get 860 new, state-of-the art coaches. 64 new EMUs to be introduced.

* Train connectivity to Char Dham.

* Paperless office of Indian railways in 5 years. Digital reservation charts at stations.

* Ready-to-eat meals to be introduced in phased manners.

* 27 Express trains to be introduced.

* 5 Jansadharan , 5 Premium AC trains to be introduced.

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News Network
January 14,2020

Chennai/New Delhi, Jan 14: India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy.

India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of growth since a 1% uptick seen in 2013. The power demand growth slowdown in 2013 was preceded by three strong years of consumption growth of 8% or more.

In December, the country's power demand fell 0.5% from the year-earlier period, representing the fifth straight month of decline, compared with a 4.3% fall in November.

But in India's western states of Maharashtra and Gujarat, two of India's most industrialised provinces, monthly demand increased.

In October, power demand had fallen 13.2% from a year earlier, its steepest monthly decline in more than 12 years, as a slowdown in Asia's third-largest economy deepened.

Industry accounts for more than two-fifths of India's annual electricity consumption, while homes account for nearly a fourth and agriculture more than a sixth.

The slower demand growth is a blow for many debt-laden power producers, who are facing financial stress and are owed over $11 billion by state-run distribution companies.

India's overall economic growth slowed to 4.5% in the July-September quarter, government data released in November showed, the weakest pace since 2013 as consumer demand and private investment fell.

The government has estimated growth in the current financial year that runs through to March will be the slowest since the 2008 global crisis.

"This reflects overall economic slowdown, because if you look at other high frequency data like diesel consumption, everywhere you are seeing contraction," Rupa Rege Nitsure, chief economist at L&T Financial Holdings.

But India's central bank will not have much scope to cut rates to stimulate the economy because inflation has been rising sharply and reached 7.35% in December compared with 1.97% in January last year.

Economists say India's growth will continue to hover around 4.5% levels in the Oct-Dec quarter.

"In the Oct-Dec quarter as well growth (GDP) will be around the same level as July-September. My estimate for the full year is around 4.7% growth," Nitsure said.

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News Network
March 31,2020

Thiruvananthapuram, Mar 31: Kerala reported its second COVID-19 death after a 68-year-old man being treated for the virus, died at the Government Medical College Hospital here in the early hours on Tuesday.

The victim, Abdul Aziz, a retired ASI hailing from Pothencode here, was admitted to the isolation ward on March 23 with the symptoms of the Corona infection. He was also suffering from lung and kidney diseases.

Though his first test result for COVID-19 turned negative, the second test result confirmed positive, official sources said.

However, it was not known from where he caught the virus infection. leaving chances for a secondary contract of a COVID-19 patient.

His funeral will take place as per the protocol, the sources added.

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News Network
February 22,2020

Feb 22: Prime Minister Narendra Modi is unlikely to accompany US President Donald Trump and his family members during their visit to the Taj Mahal in Agra on Monday, official sources said.

The US President will arrive in Ahmedabad at around noon on February 24 for a less that 36-hour visit to India. He will be accompanied by a high-level delegation including First Lady Melania Trump, the President's daughter Ivanka Trump, son-in-law Jared Kushner and a galaxy of top US officials.

After attending an event at Ahmedabad, the Trumps will travel to Agra on Monday afternoon to visit the Taj Mahal before arriving at the national capital for the main leg of the visit.

When asked about reports that Modi may accompany Trump to Agra, official sources said there was no such plan.

They said the visit to the Taj Mahal in Agra by the US President and his family members will afford them the opportunity to view the historical monument suitably. Therefore, no official engagements or presence of senior dignitaries from the Indian side is envisaged there, the sources said.

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