2015 Railway budget of India

Indian railway budget of 2015 February 2016 February 2016 India 2014 Railway budget of India 2014 2016 Railway budget of India 2016 Emblem_of_India.svg Emblem of India Suresh Prabhu, Minister of Railways 26 February 2015 Parliament of India Bharatiya Janata Party http://www.indiabudget.nic.in The 2015 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2015–16. The budget was presented by the Railway Minister Suresh Prabhu in the Parliament of India on 26 February 2015.As it happened: Railway Budget 2015 https://www.thehindu.com/business/budget/Full-coverage-Railway-Budget-2015/article60516728.ece The Hindu 26 February 2015 Summary No new trains were announced. There were no passenger fare hikes announced. Passengers will be allowed to book tickets up to 120 days in advance, an increase from current 2 months. An initiative called the "Operation 5-minute" was announced which would allow ticket bearer passengers to acquire tickets within 5 minutes of entering a station. SMS alerts for the arrival and departure of trains will introduced. More general-class coaches would be added to select trains. A centrally managed "Railway Display Network" will be introduced at 2,000 stations to provide train information.Key features of Railway Budget 2015 http://indianexpress.com/article/india/india-others/key-features-of-railway-budget-2015/ 27 February 2015 The Indian Express 26 February 2015Railway Officials Laud 'Humanistic' Side of Budget http://www.newindianexpress.com/states/tamil_nadu/Railway-Officials-Laud-Humanistic-Side-of-Budget/2015/02/27/article2689081.ece https://web.archive.org/web/20150227114035/http://www.newindianexpress.com/states/tamil_nadu/Railway-Officials-Laud-Humanistic-Side-of-Budget/2015/02/27/article2689081.ece dead 27 February 2015 27 February 2015 The New Indian Express 27 February 2015Railway Budget 2015: No new trains, no hike in passenger fares, freight hiked http://www.business-standard.com/budget/article/railway-budget-2015-no-new-trains-no-hike-in-passenger-fares-115022600393_1.html 27 February 2015 Business Standard 26 February 2015Cleanliness, amenities top list as govt says fare enough http://www.financialexpress.com/article/economy/cleanliness-amenities-top-list-as-govt-says-fare-enough/48153/ 27 February 2015 The Financial Express (India) 27 February 2015 https://web.archive.org/web/20150227151057/http://www.financialexpress.com/article/economy/cleanliness-amenities-top-list-as-govt-says-fare-enough/48153/ 27 February 2015 dead 200 stations will be brought under the "Adarsh Station Scheme" and will be given basic amenities like toilets, drinking water, catering services, waiting rooms etc. Under the "Swachh Rail Swachh Bharat" programme professional cleaning agencies will hired to keep trains and stations clean and train staff. 650 stations will be getting new toilets. 17,000 old toilets on trains will be replaced by bio-toilets in 2015, increasing the number of 17,388 existing ones. A 24/7 toll-free system will be introduced, 138 for the helpline and 182 for security issues. Mobile phone charging will be introduced in general-class coaches and the number of charging points in sleeper-classes will be increased.Mobile phone charging facilities in General Class, on-board entertainment on some Shatabdis http://ibnlive.in.com/news/mobile-phone-charging-facilities-in-general-class-onboard-entertainment-on-some-shatabdis/530790-3.html https://web.archive.org/web/20150301150540/http://ibnlive.in.com/news/mobile-phone-charging-facilities-in-general-class-onboard-entertainment-on-some-shatabdis/530790-3.html dead 1 March 2015 27 February 2015 IBNLive 26 February 2015Rail Budget 2015: What's in it for passengers http://www.livemint.com/Home-Page/kr8147p879zhjhqYaPqScL/Rail-Budget-2015-Whats-in-it-for-consumers.html 27 February 2015 Live Mint 27 February 2015 400 railways stations, including B-category stations, will be provided with Wi-Fi. CCTV cameras will installed in select trains and women's-only coaches of suburban trains to ensure the safety of women. Shatabdi trains would be provided with on-board entertainment. Train collision detection systems will be introduced on selected routes. The number of stations from which passengers can pay a combined train and road ticket will be increased. The numbers of trains in which passengers can order meals and disposable bedrolls at the time of booking tickets to be increased. Disabled and senior citizens will be able to book wheelchairs.Technology to be tapped for better services https://www.thehindu.com/news/national/andhra-pradesh/technology-to-be-tapped-for-better-services/article6938908.ece 27 February 2015 The Hindu 27 February 2015Thumbs-up for CCTV cameras in women's coaches http://timesofindia.indiatimes.com/budget-2015/rail-budget-2015/Rail-Budget-2015-Thumbs-up-for-CCTV-cameras-in-womens-coaches/articleshow/46390563.cms 27 February 2015 The Times of India 27 February 2015Benefits for disabled, but some unhappy http://www.telegraphindia.com/1150227/jsp/nation/story_5801.jsp https://web.archive.org/web/20150227160602/http://www.telegraphindia.com/1150227/jsp/nation/story_5801.jsp dead 27 February 2015 27 February 2015 The Telegraph (India) 27 February 2015 1,38,000 km of tracks will be added in the next 5 years, an increase of 10%. 3,000 unstaffed railway crossings will be removed and 917 over or under-bridges will be constructed to replace some of them. Four dedicated freight corridors will be complete in 2015 and 6608 km of tracks would be electrified. The feasibility study report of the Mumbai and Ahmedabad expected to be submitted in mid-2015. 9 semi-high speed corridors will be introduced with speed up to 200 km/h. The carriages for such trains will be built in India. A push for better connectivity in the North-East India and Jammu and Kashmir was also announced.Rail Budget 2015: Railways to build 200-kmph train coaches indigenously http://zeenews.india.com/business/budget-2015/rail-budget-2015-railways-to-build-200-kmph-train-coaches-indigenously_118139.html-0 27 February 2015 Zee News 8 February 2015Rail Budget 2015: Travel at 200 kmph in a cleaner train https://www.deccanchronicle.com/150227/nation-current-affairs/article/travel-200-kmph-cleaner-train 27 February 2015 Deccan Chronicle 27 February 2015 Barcode and RFID tracking of parcels and freight carriages will be introduced. The fare of some freight goods were increased. The rate for urea was hiked by 10%, coal by 6.3%, iron ore and steel by 0.8%, cement by 2.7%, and grains and pulses by 10%. However, the rates for limestone, dolomite and manganese ore was reduced by 0.3%, and diesel oil by 1%.Freight rate hike to hit key commodities http://www.telegraphindia.com/1150227/jsp/business/story_5720.jsp https://web.archive.org/web/20150227141826/http://www.telegraphindia.com/1150227/jsp/business/story_5720.jsp dead 27 February 2015 27 February 2015 The Telegraph (India) 27 February 2015 Satellite stations will be built around 10 major stations to reduce congestion and serve the suburbs. Four Railway Research Centres will be introduced in select four universities. The Indian Railway will raise 17,655 INR crore from the market through its two companies Indian Railway Finance Corporation (IRFC) and Rail Vikas Nigam Limited (RVNL). This was a 47% increase from then current fiscal year's revised estimates of 12,045 INR crore. IRFC will try to raise 17,276 INR crore to invest in rolling stocks. RVNL will try to raise 376 INR crore by market borrowing. In the fiscal year 2014–15, according to the revised estimates, IRFC raised 11,772.60 INR crore, and RVNL raised 273 INR crore from the market.Railways to raise Rs.17,655 crore from borrowing https://www.thehindu.com/business/budget/Railways-to-raise-Rs.17655-crore-from-borrowing/article60516732.ece 1 March 2015 The Hindu 26 February 2015 Overall 8,56,020 INR crore will be spent on the Railways in the period 2015–19.Wanted: Rs 8.56 lakh crore to put railways back on track http://www.dnaindia.com/india/report-wanted-rs-856-lakh-crore-to-put-railways-back-on-track-2064563 1 March 2015 DNA India 27 February 2015 Responses After Railway Minister Suresh Prabhu presented his maiden budget, Prime Minister Narendra Modi tweeted: "Rail budget 2015 is a forward looking, futuristic and passenger centric budget, combining a clear vision and a definite plan to achieve it." Nitin Gadkari, the Transport Minister called the budget reformative. Smriti Irani, Human Resource Minister, praised the budget for considering women's safety.Prime minister's reaction on Railway budget 2015 https://www.indiatoday.in/budget-2015/story/railway-budget-2015-live-blog-241934-2015-02-26 26 February 2015 India Today 26 February 2015Rail Budget reformative, will change face of railways: Nitin Gadkari http://economictimes.indiatimes.com/news/politics-and-nation/rail-budget-reformative-will-change-face-of-railways-nitin-gadkari/articleshow/46387174.cms 27 February 2015 The Economic Times 26 February 2015 Rajeev Gowda, spokesperson of the Indian National Congress (INC) said the budget was leaning towards elites. Mallikarjun Kharge of INC said that budget did not clarify how revenues will generated to pay for the promises.Rail Budget: Panned by rivals, Prabhu gets pat from his party http://www.hindustantimes.com/business-news/congress-criticises-rail-budget-sena-says-completely-dissatisfied/article1-1320868.aspx https://web.archive.org/web/20150226114051/http://www.hindustantimes.com/business-news/congress-criticises-rail-budget-sena-says-completely-dissatisfied/article1-1320868.aspx dead 26 February 2015 27 February 2015 Hindustan Times 27 February 2015 Bihar Chief Minister Nitish Kumar said the budget had many lofty ideas but no action plan. He said that fares should have been cut due to fall in international oil prices.Rail budget 2015 full of lofty ideas but no action plan: Nitish Kumar http://economictimes.indiatimes.com/industry/transportation/railways/rail-budget-2015-full-of-lofty-ideas-but-no-action-plan-nitish-kumar/articleshow/46383140.cms 27 February 2015 The Economic Times 26 February 2015 Odisha Chief Minister Naveen Patnaik expressed disappointment due to lack of any special package towards his state and pointed out that Odisha had a much lower rail density than the national average. He said his state was committed on providing free land and 50% of expenses towards railway projects.Patnaik rues no special package for Odisha https://www.thehindu.com/news/national/other-states/patnaik-rues-no-special-package-for-odisha/article6938857.ece 27 February 2015 The Hindu 27 February 2015 India's stock index SENSEX fell 261 points, a drop of 0.90%, after the announcements.Rail Budget disappoints markets; Sensex drops over 261 points https://www.thehindu.com/business/rail-budget-disappoints-markets-sensex-drops-over-261-points/article6937135.ece 27 February 2015 The Hindu Jyotinder Kaur, principle economist at HDFC bank, said that he was unsure of how the funds for the proposals will be gathered as the budget did not mention it.India aims to invest $137 billion in railways in next 5 years http://in.reuters.com/article/india-railway-budget-idINKBN0LU0HY20150226 https://web.archive.org/web/20151209163020/http://in.reuters.com/article/india-railway-budget-idINKBN0LU0HY20150226 dead 9 December 2015 27 February 2015 Reuters 26 February 2015 See also 2014 Railway Budget 2015 Union budget of India References 20em Further reading Highlights of the Railway Budget 2015 - 16 http://pib.nic.in/archieve/railbudget/rbudget2015/rh2015.pdf Press Information Bureau February 2015 Category:Railway Budgets of India Category:2015 in Indian economy Category:2015 in rail transport Railway Budget of India