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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 20,2020

Davos, Jan 20: India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a new study said on Monday.

Releasing the study 'Time to Care' here ahead of the 50th annual meeting of the World Economic Forum (WEF), rights group Oxfam also said the world's 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 per cent of the planet's population.

The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade, despite their combined wealth having declined in the last year.

"The gap between rich and poor can't be resolved without deliberate inequality-busting policies, and too few governments are committed to these," said Oxfam India CEO Amitabh Behar, who is here to represent the Oxfam confederation this year.

The issues of income and gender inequality are expected to figure prominently in discussions at the five-day summit of the WEF, starting Monday. The WEF's annual global risks Report has also warned that the downward pressure on the global economy from macroeconomic fragilities and financial inequality continued to intensify in 2019.

Concern about inequality underlies recent social unrest in almost every continent, although it may be sparked by different tipping points such as corruption, constitutional breaches, or the rise in prices for basic goods and services, as per the WEF report.

Although global inequality has declined over the past three decades, domestic income inequality has risen in many countries, particularly in advanced economies and reached historic highs in some, the Global Risks Report flagged last week.

The Oxfam report further said "sexist" economies are fuelling the inequality crisis by enabling a wealthy elite to accumulate vast fortunes at the expense of ordinary people and particularly poor women and girls.

Regarding India, Oxfam said the combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at Rs 24,42,200 crore.

"Our broken economies are lining the pockets of billionaires and big business at the expense of ordinary men and women. No wonder people are starting to question whether billionaires should even exist," Behar said.

As per the report, it would take a female domestic worker 22,277 years to earn what a top CEO of a technology company makes in one year.

With earnings pegged at Rs 106 per second, a tech CEO would make more in 10 minutes than what a domestic worker would make in one year.

It further said women and girls put in 3.26 billion hours of unpaid care work each and every day -- a contribution to the Indian economy of at least Rs 19 lakh crore a year, which is 20 times the entire education budget of India in 2019 (Rs 93,000 crore).

Besides, direct public investments in the care economy of 2 per cent of GDP would potentially create 11 million new jobs and make up for the 11 million jobs lost in 2018, the report said.

Behar said the gap between rich and poor cannot be resolved without deliberate inequality-busting policies, and too few governments are committed to these.

He said women and girls are among those who benefit the least from today's economic system.

"They spend billions of hours cooking, cleaning and caring for children and the elderly. Unpaid care work is the 'hidden engine' that keeps the wheels of our economies, businesses and societies moving.

"It is driven by women who often have little time to get an education, earn a decent living or have a say in how our societies are run, and who are therefore trapped at the bottom of the economy,” Behar added.

Oxfam said governments are massively under-taxing the wealthiest individuals and corporations and failing to collect revenues that could help lift the responsibility of care from women and tackle poverty and inequality.

Besides, the governments are also underfunding vital public services and infrastructure that could help reduce women and girls' workload, the report said.

As per the global survey, the 22 richest men in the world have more wealth than all the women in Africa.

Besides, women and girls put in 12.5 billion hours of unpaid care work each and every day -- a contribution to the global economy of at least USD 10.8 trillion a year, more than three times the size of the global tech industry.

Getting the richest one per cent to pay just 0.5 per cent extra tax on their wealth over the next 10 years would equal the investment needed to create 117 million jobs in sectors such as elderly and childcare, education and health.

Governments must prioritise care as being as important as all other sectors in order to build more human economies that work for everyone, not just a fortunate few, Behar said.

Oxfam said its calculations are based on the latest data sources available, including from the Credit Suisse Research Institute's Global Wealth Databook 2019 and Forbes' 2019 billionaires list.

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Agencies
August 8,2020

Idukki, Aug 8: Nine more bodies have been recovered from the landslide ravaged Pettimudi near Munnar in Idukki on Saturday. With this the death toll in the tragedy reached 26. Around 40 are feared to be still trapped under the debris or washed away.

The rescue operation by NDRF and Fire and Rescue Services that was stopped by Friday evening due to poor light and bad weather resumed by Saturday morning.

Horrifying scene prevailed in the area as relatives of the missing people screamed around in search of their beloved ones. As it is nearly 48 hours since the incident happened, the chances of recovering missing persons alive from the debris is becoming bleak. Three of the bodies recovered on Saturday could not be identified till evening.

Kerala Revenue Minster E Chandrasekharan, who visited the area on Saturday, said that search operation would be carried out until all the missing are recovered.

It was by around 11.30 pm on Thursday that landslide had hit the Nayamakkad estate of Kannan Devan Hills and Plantations. Settlement clusters of plantation workers where 83 persons were staying were reduced to debris as the huge rocks came bulldozing. Five of the residents were reported to be not in the spot while the mishap occured.

Meanwhile, heavy rains led to floods at many parts of the state. Red alert has been issued at Idukki, Malappuram and Wayanad districts for Sunday also. A total of 11,446 persons of 3,530 families were shifted to relief camps across the state, of which major chunk is at Wayanad.

Chief Minister Pinarayi Vijayan said that water level at most dams is increasing swiftly.

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News Network
June 25,2020

New Delhi, Jun 25: After the Drug Controller General of India (DCGI) given its approval to manufacture and market the generic version of COVID-19 drug Remdesivir, COVIFOR, Hyderabad-based drugmaker Hetero Limited has delivered the first set of 20,000 vials in two equal lots of 10,000 each across 5 states.

The first batch, which is being marketed under the brand name of COVIFOR, was delivered to Maharashtra, Delhi, Gujarat Tamil Nadu and Hyderabad. Hetero has set a target to produce one lakh vials of the drug in two-three weeks.

The other lot would be supplied to Kolkata, Indore, Bhopal, Lucknow, Patna, Bhubaneshwar, Ranchi, Vijayawada, Cochin, Trivandrum and Goa within a week to meet the emergency requirements.

Managing director of Hetero Healthcare M Srinivasa Reddy said “the launch of Covifor in the country is a milestone in addressing public health emergencies. Through Covifor, we hope to reduce the treatment time of a patient in a hospital thereby reducing the increasing pressure on the medical infrastructure overburdened ue to accelerating COVID-19 infection rates," he said as reported by news agency.

"We are closely working with the government and the medical community to make Covifor quickly accessible to both public and private healthcare settings across the country”, Reddy said.

Covifor is a generic brand of Remdesivir which is used for the treatment of COVID-19 in adults and children hospitalised with strong symptoms of the disease. The Health Ministry had, on June 13, recommended the use of anti-viral drug Remdesivir in moderate stage of COVID-19.

Dr Reddys Laboratories and Hetero are among others which have separately entered into non-exclusive licensing agreements with the original drug-maker Gilead Sciences Inc to register, make and sell the investigational drug Remdesivir in India and other countries.

Remdesivir would be made in the company's formulation facility in Hyderabad, which has been approved by global regulatory authorities such as US Food and Drug Administration (USFDA) and EU, among others, Hetero had earlier said.

The treatment first showed improvement in trials on coronavirus patients and was approved for emergency use in severely ill patients in the United States and South Korea.

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