Stations to be developed like airports : Railway Budget 2012

NEW DELHI: Union Railway Minister Dinesh Trivedi is currently presenting Rail Budget 2012-13 in Lok Sabha. In his speech, the minister emphasized that safety will be the prime focus and that Railways would take a vow to help stop unfortunate occurrences. Beginning his speech, Trivedi thanked all his predecessors as he started his speech and specially made mention of his party supremo Mamata Banerjee for giving a new vision to the Indian Railways. HIGHLIGHTS :`Dinesh Trivedi presents his maiden budget ,In 4th year of 12th Five Year Plan ,Thanks Sonia, Mamata and members of Opposition, I am grateful to Maa Mati Manush Have taken lessons from history: Trivedi Mamata’s 2020 Vision document has guided me: Trivedi No organisation can draw a parallel to Indian Railways Achievements of Railways dedicated to railwaymen Have tried to learn from the past Had taken over just after Kanpur Rail accident Took a vow to help stop such unfortunate occurrences Entire emphasis on safety, safety and safety Safety has to be benchmarked with modern rail systems in the world Not satisfi ed with safety standards Railway family machining effort to enhance safety Accident rate reduced to 0.55% from 0.77% Eliminate all unmanned level crossings in fi ve years Rail Road Grade Separation Corporation of India set up Committee to examine current standards of safety Attention will be given to recommendations of committee Independent rail safety authority to be set up Safety standards cannot be achieved without modernization New expert group under Sam Pitroda on modernisation has submitted report Rs 5.76 lakh crore needed for moderanisation as per the expert group Mission directors will be appointed for modernaisation Safety target of last Rail Budget has been met Target should be zero death Kasturirangan suggested Dr Anil Kakodkar’s name to head high speed safety committee Committee submitted report on Feb 17, 2012 – suggested far reaching safety measures Functions to be worked out on international line Rail Research and Development Council Modernisation and Safety - two sides of same coin Railways suffers from implementation bug Railways must attract Rs 2.50 lakh crore out of the govt’s spending on infrastructure 12th plan investment has been pegged at Rs 7.35 lakh crore as against the current Rs 1.92 lakh crore Need to connect remote and backward areas Project on national importance in Northeast and Kashmir Pradhan Mantri Rail Vikas Yojna (PMRY) under formulation Additional fund of Rs 5 lakh crore required under PMRY To set up SPV for funding unmanned level crossings Railway Safety Funds Rs 16000 crore approx 40% accidents at unmanned level crossings Gross Budgetary support Rs 2.5 lakh crore Rail connectivity scheme to foster growth Most of new rail line projects cannot be completed without viable funding mechanism Need policy pronouncements and roadmap to achieve the goals Indian railways will become a powerful engine of growth Focus of Rail Budget is safety, consolidation and capacity augmentation Target is to achieve 84% operational ratio Serious need for funds as running costs high Himalayan task of running Indian Railways safely Aiming for generational change in Indian Railways 487 il projects pending, need funds Want to contribute 2-3% to GDP instead of current 1% Will invest Rs 3.5 lakh crore Operating ratio of 84.9% in 2012-13 487 uge expansion projects in stages of implementation * Railways should get at 10% of infra spend of govt Rs 14 lakh crore needed in next 10 years * I have received 5,741 requests for new lines, doubling of tracks * 646 quests for new trains Realise expectations of people * All demands are genuine Have tried to provide meet aspirations of all people across the country * Have made sincere efforts Cannot imagine India without Indian Railways * If we don’t strengthen Railways we weaken the country * Collective responsibility of Parliament to make IR a sparkling service * Internal resources of Railways pegged at Rs 1.9 lakh crore * Rs 5 lakh crore needed for PM rail vikas scheme Need sustainable fi nancial model * Spoke to all chief ministers before preparing Rail Budget * Quantum jump in 12th outlay * Indian Railways stands at a cross road * India has remained on a healthy growth mode * Indian Railways has a critical role in catalysing world economy * Five focus areas – tracks, bridges, signalling, rolling stock, stations * Plan out lay for 2012-13 Rs 60,100 cr * 80% traffi c being carried in 40% of rail network Progressive use of 60 kg rails * Modernisation of 19,000 kilometres in next fi ve years More funds for bridges * 19,000 kilometres represents 80% of traffi c Singalling will be modernized Panel routes, interlocking to be introduced in more routes Automatic breaking systems to be introduced in more than 3400 kilometres * 19000 km of track to be upgraded * Operating ratios of 74% in 2016-17 * 487 pending projects, needs funds and attention Railways needs to grow at 10% annually * Total cost of signalling and communication Rs 39,110 cr in next fi ve years * More LHB coaches to be introduced * New electric locos of 9000 horse power * Diesel engines of 5500 horse power * New auto car wagons * New coaching complex in Navi mumbai * Coaching terminal at the birth place of Bankim chandra chhattopadhya * Rs 4410 crore for capacity augmentation works * Focus of budget – safety, consolidation, decongestion, , up capacity * Operating ratio 95% as of now * Ail to cut operating ratio to 84.9% in 2012-13 and 74% by 2016-17 * Signalling system to be modernized * Rs 6400 crore to be spent on track modernization * 160km/hr to be standard speed for trains * Will lead to reduced travel time * Delhi to Kolkata travel time will be reduced from 17 hours to 14 hours * Indian Railways Stations Redevelopment Corporation set up * Indian Railways Stations Redevelopment Corporation will be cost neutral • 100 stations to be modernised in the next fi ve years • Will be carried on PPP model • Logistics corporation will also be set up • Rs 60100 crore planned investment in 2012- 13 • 11 kilometers of tunneling completed through Pir Panjal range in Kashmir New lines: • 725 km completed in current year • 45 new works to be completed in 2012-13 • 85 lines surveys completed • Where surveys have been competed it has been refereed to planning commission • State governments will have to share costs • All the 11 new projects by planning commission have been included • Coach maintenance factory to be set up at Navi Mumbai • Rs 4400 crore for capcity augmentation • Logistics Corp planned to offer total logistics solutions • Development of major stations to create 50000 jobs • To develop 100 stations via PPP route in next 5 years • Allocation of over 6000 cr under new line plan Gauge conversion: • 800 km target for gauge conversion in next year • Two new lines for gauge conversion • Unigauge policy dpoted in 1992 • 19000 km has already been conducted, only 7500 km is only left Doubling: • 700 km rail lines would be doubled • 3390 cr has been allocated for the same • Focus areas: tracks, bridges, rolling stock, freight terminals • Propose to increase number of double track container wagons • Rs 18100 in rolling stock in FY 13 • Rs 1.7 lakh crore in rolling stock in next 5 years • To facilitate running of heavier, longer freight trains