Indian Railway Budget 2014-15 Highlights

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Last updated: Jul, 2014

The Union Railway Budget for 2014-15 was presented by Mr D V Sadananda Gowda, Union Minister for Railways, Government of India, on July 8, 2014.

Budget Highlights:

  • Railways will play a role in building a dynamic India
  • Target to make India the largest freight carrier of the world
  • Highest-ever plan outlay of Rs 65,445 crore (US$ 10.95 billion) with budgetary support of Rs 30,100 crore (US$ 5.03 billion)
  • Leveraging of Railway PSU resources by bringing in their investible surplus funds in infrastructure projects of the Railways
  • 5 new Jansadharan trains, 5 Premium and 6 AC trains, 27 new Express trains, 8 new passenger services, 5 DEMU services and 2 MEMU services to be introduced and run of 11 trains to be extended
  • Bullet train proposed on identified Mumbai–Ahmedabad sector
  • Increasing of speed of trains to 160–200 km/h in select 9 sectors
  • 23 projects underway in the Northeast; Rs 5,100 crore (US$ 853.8 million) allocated for Northeast projects
  • Diamond Quadrilateral network to connect major metros through High Speed Rails (HSR); funds worth Rs 100 crore (US$ 16.74 million) allocated for high speed project
  • 18 surveys for new lines, 10 for doubling and extending previous lines to be initiated
  • Provision of Rs 1,785 crore (US$ 298.8 million) for Road-over-bridges and Road-under-bridges; speedy clearances, online design standardisation and decentralised sanctioning powers
  • Provision of foot-over bridges, escalators, lifts, etc., at all major stations, including through PPP route.
  • E-ticketing to support 7,200 users per second
  • Ready-to-eat meals of reputed brands to be served in trains
  • Outsourced cleaning activities in 50 stations; up to 40 per cent hike in allocation for cleanliness
  • Advanced technology for rail-flaw detection – Vehicle Borne Ultrasonic Flaw Detection System to detect rail and weld fractures and pilot trials on Ultrasonic Broken Rail Detection System (UBRD) at two locations
  • Harnessing of solar energy by utilising rooftop spaces of stations, railway buildings and land including through PPP mode
  • Paperless office in Railways in next five years
  • All trains to be wi-fi enabled. Mobile based wakeup call system
  • Dedicated freight corridors on eastern and western routes
  • Eco tourism education tourism for northeastern states
  • Separate housekeeping wings at 50 major stations
  • 17,000 rail police constables, 4,000 women police for security

Click here for the full speech of the Railway Budget 2014-15.

x IBEF : India Brand Equity Foundation