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Indian Railway Budget Speech 2016-17

Budget - Dated:- 25-2-2016 - Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2016-17 on 25th of February, 2016 Madam Speaker, 1. I rise to present before this August House the Statement of Estimated Receipts and Expenditure for 2016-17 for Indian Railways. 2. Let me begin with a couple of personal experiences. As the Railway Minister of India, I visit a number of places and meet a large number of people from all walks of life. On one visit to Mumbai Central station, I w .....

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y Board, shared his sentiments. He is responsible for taking action on passengers requests for help on social media. He said that for the first time in his professional career, he has realised how his little actions were making a huge difference in passengers lives. He felt enthused and proud to be part of Indian Railways. 4. Madam Speaker, it is people like these who are the soul of India and Indian Railways, and that is why this is not my Budget alone. This is a Budget which reflects the aspir .....

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ne of you. But above all, this Budget owes its inspiration to the vision and leadership of our Prime Minister Shri Narendra Modi Ji. He had once said, My vision is to make railways the backbone of India's progress and economic development. We are making all out efforts to translate his vision into reality. Our core objective is to improve the quality of customer experience at the individual level, become an engine of employment generation and economic growth at the national level and convert .....

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y bonus payouts. Further, historically declining modal share of Indian Railways, which dropped from 62% in 1980 to 36% in 2012, is continuing to exert pressure on the institution. At this moment, I am reminded of our former Prime Minister, Shri Atal Bihari Vajpayee s few lines: 6. IR as an organization has stood the test of time due to the sheer grit and commitment of its employees. However, these challenging times require overhaul of our work culture and ethos cemented over years. Last year, I .....

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cused on increasing revenues through tariff hikes. We want to change that and challenge our conventional thinking on freight policies to win back our share in the transportation sector. We will exploit new sources of revenue so that every asset, tangible or non-tangible, gets optimally monetized. B) Nav Manak - New norms. Each rupee that gets expensed will be re-examined to ensure optimal productivity. We will take a zerobased budgeting approach to the financials of the ensuing year. We will imp .....

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upon our inherent strengths, diverse talents and rich experience to emerge stronger. Financial Performance 8. For the year 2016-17, we expect an Operating Ratio of 92%, after including the immediate impact of the 7th Pay Commission, as against 90% likely to be achieved in the current year. It is pertinent to note that the Ordinary Working Expenses grew by 32.5% in 2008-09 due to the impact of the 6th Pay Commission while we are targeting to restrict the growth of Ordinary Working Expenses by 11 .....

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launched austerity drives. In the next year, we are increasing the rigour on cost optimisation multi-fold. For the first time in IR absolute reductions, as compared to the previous year, have been planned in categories like diesel and electricity through concrete and rigorous planning. Further, with an optimistic outlook for the economy and various measures outlined later, we hope to generate revenues of the order of ₹ 1,84,820 crore next year, 10.1 % higher than the revised target for th .....

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d substantially in the later quarters of the year and should now grow exponentially. We will continue to employ this new approach to our capital expenditure. We have managed to break away from the average capital expenditure of ₹ 48,100 crore over the period 2009-14, and an average growth of only 8% per annum, to achieve a quantum jump. This year, our investment would be close to double of the average of previous years - a feat never achieved earlier. For the year 2016-17, the capital plan .....

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ated a statement in the Pink Book of sanctioned works a list of partnership projects being undertaken with State Government and other agencies. Every rupee of investment in Railways has the capacity to increase economy-wide output by ₹ 5. The impact that this increased investment in Railways will have on the economic growth of the country is unprecedented. It would also lead to realizing the vision of a modern and efficient railway system. Vision 11. We, in the Railways, must provide to th .....

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ting the long-felt desires of the common man: Reserved accommodation on trains being available on demand. Time tabled freight trains with credible service commitments. High end technology to significantly improve safety record. Elimination of all unmanned level crossings. Punctuality increased to almost 95%. Increased average speed of freight trains to 50 kmph and Mail/Express trains to 80 kmph. Semi high speed trains running along the golden quadrilateral. Zero direct discharge of human waste. .....

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get, I am conscious that this is not only a moment for the evolution of new ideas but also an examination of last year s momentum. Accountability is an ongoing principle of public life. 15. I am happy to announce that action has been initiated on 139 budget announcements made last year. For the first time, an implementation report is included as Annex 2 to this Speech. Madam Speaker, let me take a few minutes to dwell on the progress of some of the key initiatives taken during this year. Project .....

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we have been able to set new benchmarks in project execution. We will be surpassing the ambitious target of commissioning 2,500 km Broad Gauge lines. This will be almost 30% higher than last year. In the next year, we plan to commission 2,800 kms of track. 18. This year we changed the metric from completion to commissioning. Completion can be a misleading term, a paper reality. Nothing has started functioning until it has been commissioned. It is with pride that I inform this august House that .....

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us 10 to 15 years to complete the required electrification which we are targeting to complete in the next few years. We will accelerate the process and increase the pace multifold through innovative approaches of financing and project management including partnering with Ministry of Power. We will formulate a framework where the net savings from electrification will be able to finance the capital expenditure to minimise the strain on government exchequer. This year we intend commissioning 1,600 .....

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₹ 24,000 crore have been awarded against ₹ 13,000 crore worth of contracts in the last 6 years. 21. Given the emphasis on rapid expansion of freight business, it is essential to build more dedicated freight corridors for increased traffic with consequent benefits for the economy and environment. It is proposed to take up the following freight corridors: North-South connecting Delhi to Chennai, East-West connecting Kharagpur to Mumbai & East Coast connecting Kharagpur to Vijayawa .....

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Dighi, Rewas and Paradip are under implementation. For the year 2016-17, we propose to undertake implementation of rail connectivity for the ports of Nargol and Hazira under PPP. Considering the urgent need to provide connectivity to our ports on the 7,517 km coastline, we will positively consider to undertake any offer of partnership. North East 23. Better connectivity to the North Eastern States is of utmost priority for our government. We have opened the long-awaited Broad Gauge Lumding-Silc .....

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Project is progressing satisfactorily and 35 Kilometers of tunneling, out of total of 95 Kilometers has been completed successfully. The decongestion work on the Jalandhar- Jammu line, an important link to the valley, is going on in full swing. Doubling of two bridges will be commissioned by March 2016, while the other two bridges will be completed by 2016-17. Make in India 25. In keeping with our Prime Minister s emphasis on Make in India, IR was able to finalise the bids for setting up two lo .....

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for Rajdhani and Shatabdi services. It is proposed to increase the current procurement by 30%. Capacity Building for the future 27. In the last one year we have taken several measures to build the capacity of the organization to ensure readiness for the accelerated growth envisioned for IR. The outcome of this exercise has resulted in increased absorption of capital expenditure and reduced project sanction cycle. Transparency 28. Transparency is an important tenet of our Government. IR s mission .....

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he entire process leading to award of a tender is also done electronically. We have completed the trial run for the above and intend to roll it out on a Pan-India basis in next financial year. Governance 29. With a view to ensuring empowerment at functional level, I had delegated to the Zonal Railways all tender and estimate related powers. However, my task is not yet complete and this process will go on. As a result of the above decision, we were able to ensure that the projects get sanctioned .....

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ifiable targets on performance parameters were clearly laid out. This ensured resounding commitment from these Railways in meeting their targets. We shall do it for all zones next year. Internal audit 31. We have also revamped our internal audit systems with a view to bringing in efficiency in our working practices. Specialized teams have been mandated to screen Railway operations in specific areas, to detect inefficiencies and prevent wastages. All Zonal Railways have been asked to prepare two .....

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erative federalism and enable States to jointly decide their priorities for development of backward regions. We have received in principle approvals from 17 states, out of which 6 MOUs have already been signed. This year we have indicated 44 new partnership works covering about 5,300 kms and valuing about ₹ 92,714 crore in the Budget documents. 33. We have also forged partnerships with Ministry of Coal, SAIL and NTPC to expedite the pace of project execution through innovative financing. C .....

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these measures, we were able to give Voice to the customer that was not only heard but also acted upon. These channels were used not only to seek feedback but to provide medical care, safety of passengers especially women and other aspects of human care and also helped us to monitor the cleanliness of stations and trains. Today, there is no barrier between the common passenger and the Railways. Making travel comfortable 36. We have taken a series of measures to significantly improve the quality .....

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s in general class coaches, placed dustbins in all new non-AC coaches, enabled online booking of retiring rooms. Set up mechanized laundries to provide clean and hygienic bed rolls. Disposable bed rolls are now available at select stations to all classes of passengers. Introduced a new train between Varanasi and Delhi, Mahamana Express with modern refurbished coaches. Cleanliness 37. In pursuance of our mission Swachh Rail Swachh Bharat, I am happy to inform the House that: 17,000 bio-toilets in .....

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s. We have a porous network which leads to rampant infiltration by humans and animals. Problems are compounded by congestion in tracks, terminal capacity constraints and asset failures. The worst affected is the busy Ghaziabad to Mughalsarai section through Allahabad and Kanpur which spreads across three Zonal Railways thereby impacting the overall punctuality of the entire network. We initiated the audit of operations on this section to improve our performance. Some improvement is already visib .....

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: Introduced 1,780 Automatic Ticket Vending Machines and 225 cash-coin & smart card operated ticket vending machines. Enhanced capacity of e-ticketing system from 2000 tickets per minute to 7,200 tickets per minute and to support 1,20,000 concurrent users as against only 40,000 earlier. Introduced mobile based apps for purchasing unreserved and platform tickets and GoIndia smart card scheme for cashless purchase of UTS and PRS tickets. Social obligations 41. For the Divyang, we introduced: O .....

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vices at stations especially for our youth and business travellers. The process has begun. We intend to commission Wi-Fi services at 100 stations this year and at 400 more stations in the next 2 years. We are partnering with Google in this endeavour. I take this opportunity to invite all other service providers and entrepreneurs to partner with us in this initiative. Stations 44. The passenger experience is significantly governed by the efficiency and quality of services on a railway station. Be .....

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ed to be the largest transit oriented development in the world and, hence, involves complex decision making. On the basis of a bankable structure for private participation, it is proposed to undertake a bidding process for a few large and medium stations during the course of the next financial year. Apart from taking up stations through the PPP mode, we are also exploring the possibility of availing multilateral financial investments for the development of certain other stations and partnering w .....

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pur Station. Hazaribagh, Borivali, Khar, Udaipur, Bikaner are some of the other stations which showcase local art and talent. I thank them all and request similar support next year for aesthetic up-gradation of our stations. We will make special efforts to showcase tribal art. Security 47. To provide better security to our passengers especially women travellers, following major initiatives were undertaken: All India, 24/7 helpline number 182. CCTV surveillance provided at 311 stations. All major .....

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d assimilation of latest technology. We have entered into a R&D partnership with leading Railway institutions of the world, Railway Technical Research Institute, Japan and Korean Rail Research Institute. They will work with IR to improve operations on existing network and, hence, provide a roadmap for zero accident railway system in India. In the interim, we have examined the recommendations of the Committee headed by Dr. Kakodkar and are working on their implementation. We are also working .....

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ce that the target will be achieved in the next financial year itself, a year earlier than envisaged. For the first time, IR has leveraged provisions of the Electricity Act to procure power directly at competitive rates, using its status as Deemed Distribution Licensee. Power Procurement Contracts already signed and implemented will mean an annualized saving of ₹ 1,300 crore. Further actions to source power, already initiated, will deliver annualized savings of ₹ 1,700 crore during t .....

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ur such locos have been turned out in the current year and another 39 are expected to be manufactured in 2016-17. Rail University 51. Rail University is an important enabler to build sustained flow of skilled manpower, a prime requisite for any world class railway system. We have identified the National Academy of Indian Railways at Vadodara as the first institution which would be upgraded to a full-fledged university. Preparations are in full swing to establish the university during the next fi .....

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saving of ₹ 64 crore and scrap identification of 22,000 MT equivalent to ₹ 53 crore. During 201617, this system will be implemented on entire IR. 53. IR has developed an application for maintaining centralized land data, and records of all land holdings over IR have been digitized. The Way Ahead 54. As I move on to illustrate the new initiatives, let me take a step back. One of the thrust areas of last year s budget was giving passengers better services and making railway journeys en .....

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ence. Therefore, each time that he or she travels, the satisfaction quotient must go up. In pursuance of making each of our customers happy, I propose to take the following measures. For the unreserved passenger - Antyodaya Express and Deen Dayalu coaches 56. This government truly believes that the fate of India would not change unless the lives of the common man or woman improve. Not only is he or she the center point of our policy making, but is ubiquitous in our public discourse and in our id .....

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cing three select train services, Humsafar, Tejas and UDAY. Humsafar and Tejas will ensure cost recovery by way of tariff and non-tariff measures. Humsafar would be fully airconditioned third AC service with an optional service for meals. 59. Tejas, on the other hand will showcase the future of train travel in India. Operating at speeds of 130 kmph and above, it will offer onboard services such as entertainment, local cuisine, Wi-Fi, etc. through one service provider for ensuring accountability .....

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ltiple Points of Sale with minimal infrastructure requirement. We also intend initiating sale of platform tickets through ticket vending machines which would be made compatible with not only cash but also credit/debit cards. 62. In the next 3 months, we will open the e-ticketing facility to foreign debit/credit cards for foreign tourists and NRIs. 63. For our journalist friends, we will provide e-booking of tickets on the concessional passes available to them. This has been a long pending reques .....

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f ticketless travel and ensure hassle free travel for passengers. 66. We have taken a number of measures to improve services during the morning tatkaal hours yet there are complaints of rightful passengers being denied train tickets. We, therefore, intend to progressively ensure CCTV coverage at tatkaal counters. We plan to institutionalise a system of third party periodic audits and certification of security features of the PRS website. Vikalp - train on demand 67. The Vikalp (Alternative Train .....

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stations based on a regular periodic third party audit and feedback from passengers. iii. Setting up waste segregation and recycling centres at A1 category stations in a phased manner; 5 centres to be commissioned in the next financial year. iv. Undertaking Awareness campaigns to improve cleanliness at select stations, station approach roads and adjacent colonies. v. Installing additional 30,000 bio-toilets in the next financial year. vi. Providing portable structures with bio-toilets at all pla .....

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oposed. i. IRCTC would begin to manage catering services in a phased manner. IRCTC would unbundle catering services by creating a distinction primarily between food preparation and food distribution. ii. Extending e-catering services from existing 45 large stations to all 408 A-1 and A class stations. iii. Explore the possibility of making mandatory catering services optional in trains. Local cuisine of choice will be made available to passengers. iv. Adding 10 more IRCTC operated, mechanized, s .....

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Women, Divyang, etc. We will also introduce a sub-quota of 33% for women in each of the reserved categories. Further, to build local ownership and empowerment, a process of giving weightage to district domicile holders for commercial licenses at stations would be initiated. viii. Exploring the feasibility of providing an option to our customers for drinking tea in kulhad. Stoppages 70. IR has historically made a distinction between operational and commercial halts. For the convenience of passeng .....

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d basis in addition to the existing pick up and drop, and wheel chair services. Measures for Divyang 72. In pursuance of the objectives of the Accessible India campaign, we will ensure that all stations under redevelopment are accessible by Divyang. We will make efforts to provide at least one Divyang friendly toilet at each platform in A1 class stations during the next financial year and also ensure availability of wheelchairs in sufficient numbers at these stations. Travel Insurance to passeng .....

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the day. We propose to commence hourly booking of retiring rooms instead of the existing minimum of 12 hours to fulfil this unmet need of passengers. Further, the retiring rooms will be handed over to IRCTC to ensure that these can be managed in a professional manner. Janani sewa 75. We would like to mitigate the hardships that mothers undergo while travelling with their infants and, for this purpose, we will pilot availability of children s menu items on trains. Further baby foods, hot milk and .....

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LED lit boards for advertising, PA system and more. These new SMART (Specially Modified Aesthetic Refreshing Travel) coaches would cater to emerging needs of our customers and also ensure lower unit cost of operations due to higher carrying capacity. Mobile Apps 77. Presently we have different digital solutions for ticketing, grievance redressal and other issues. We intend to integrate all such facilities into two mobile apps; one dealing with all ticketing issues and the other for receipt and r .....

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ains enumerating the onboard services and also GPS based digital displays inside coaches to provide real time information regarding upcoming halts. These services would be provided through private sector engagement. 80. Work is underway on the installation of a high-tech centralized network of 20,000 screens across 2000 stations known as Rail Display Network. This will enable real time flow of information to passengers and also unlock huge advertising potential. 81. We intend to strengthen the o .....

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for the Indian traveller. We intend taking up on priority the provision of passenger amenities and beautification on stations at pilgrimage centres including Ajmer, Amritsar, Bihar Sharif, Chengannur, Dwarka, Gaya, Haridwar, Mathura, Nagapattinam, Nanded, Nasik, Pali, Parasnath, Puri, Tirupati, Vailankanni, Varanasi and Vasco. We also intend to run Aastha circuit trains to connect important pilgrim centres. Satellite terminals 83. Last year I had announced development of satellite terminals at .....

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and train them in soft skills in line with the evolving image of IR, adopting modern technology yet traditional in its ethos of treating passengers with respect. We will also explore methods of offering them group insurance facility. Henceforth, we will be happy to call them as sahayak. High Speed Rail 85. A high speed passenger corridor from Ahmedabad to Mumbai is being undertaken with assistance from the Government of Japan. A special purpose vehicle for implementing high speed projects will .....

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travellers in all Mail/ Express trains. We will also initiate publishing Rail Bandhu in all regional languages. Passenger traffic - Suburban traffic 88. Mumbai is the financial capital of India and needs a robust transport system. However, the suburban railway system, the lifeline of the city is over stressed. In principle approval of MUTP III has been received from NITI Aayog to move forward. We are working towards achieving the financial closure and an early award of tenders for two elevated s .....

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would quadruple the installed capacity. I have resolved all issues related to East West Corridor of Kolkata Metro and am happy to announce that Phase I of this project would be completed by June 2018. We are working on the possibility of extending the East West Corridor by 5 km. 90. Delhi, our national capital, is under severe stress from rising pollution levels and can be provided relief by reviving the Ring Railway system comprising 21 stations. We will partner with the State Government to de .....

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pectively by deploying innovative financing mechanisms. 92. Bengaluru, the technology hub of the country, warrants a comprehensive suburban system. We will partner with State Government in this endeavour. 93. Similar structures and financing mechanisms will be created for Thiruvananthapuram, the capital of God s own country, Kerala. 94. I appeal to the State Governments to work towards staggering of office timings to reduce peak load on suburban traffic. Winning back the lost modal share Freight .....

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8%. We need to look beyond these to expand our revenue base. A full-fledged market study is being undertaken and detailed supply and demand scenarios, service level and infrastructure requirements will be assessed so that an action plan to re-capture that traffic through either containerization or new delivery models e.g., Roll-on Roll-off, will be developed and implemented. 97. Network capacity limitations do not allow us to run time-tabled freight trains but from this year we will start a time .....

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licy will be undertaken to evolve a competitive rate structure vis a vis other modes, permit multi-point loading/unloading and apply differentiated tariffs to increase utilization of alternate routes. The possibility of signing long term tariff contracts with our key freight customers using pre-determined price escalation principles will be explored which would provide predictability of revenues to IR and of costs to our customers. Building terminal capacity 100. Inadequacy of warehousing and tr .....

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gm shift in our role as a national logistics provider. The focus will be on providing last mile connectivity for freight business and significant reduction in logistic costs. At least 10 goods sheds will be developed by TRANSLOC in 2016-17. To capture the automobile traffic, we will soon inaugurate India s first rail auto hub in Chennai. 101. This push on rail side warehousing would also encourage development of cold storage facilities on vacant land near freight terminals. Local farmers and fis .....

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the feasibility of opening up leasing of general purpose wagons. Non fare revenues 104. Although we enjoy the highest captive eyeballs in a railway system internationally, we earn less than 5% of our revenues through non-tariff sources. Many of the world railway systems generate 10% to 20% of their revenues from non-tariff sources. Over a period of the next five years, we will strive to reach this world average by monetizing assets and undertaking other revenue yielding activities. We have alrea .....

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ge employment to underprivileged sections, SC, ST, OBC etc., augment our food security and also prevent encroachment of Railway land. Possibility of using this track for generating solar energy would also be explored. c. Monetizing soft assets: IR collects data pertaining to passenger preferences, ticketing patterns, commodity flows, train running and information on various services and operations. We are exploring the possibility of monetizing our data, software and some of the free services pr .....

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ions, trains and land adjacent to tracks outside of big stations. We will make efforts to use our customer-interfacing assets in every manner possible for earning advertising revenues and partner with agencies to earn revenues from co-branding including for uniforms, etc. We will evolve models to determine the revenue potential of at least 20 stations in the next 3 months. In all, we target to increase the advertising revenues by more than 4 times the current revenues. e. Overhaul of Parcel busi .....

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ng activity: Through increased productivity and better manufacturing practices in the production units and workshops, enough capacity can be unlocked for the Railways to become a meaningful player in the domestic and international markets. By 2020, we should aim at generating annualised revenues of about ₹ 4,000 crore by providing these units with necessary empowerment and incentives to realize this target. Process Improvements EPC projects 105. To ensure participation of large professiona .....

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on-operational areas through outsourcing contracts such as cleaning, facility management, etc. We intend to review these service contracts to integrate them and make them simpler and outcome focused with a view to improving our contract management and quality of service. Leveraging technology for project management 107. In line with international best practices, we will rely on technological solutions for project management and monitoring. It is intended to use the latest drone and Geo Spatial b .....

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been obtained. Rail Development Authority - a big step forward 109. It is pertinent to have an independent regulation mechanism to enable fair pricing of services, promote competition, protect customer interests and determine efficiency standards. Hence, I had announced, creating a Rail Development Authority last year. We hope to have the draft bill ready after holding extensive stakeholder consultations. The independence of the institution is sought to be ensured by way of a transparent and st .....

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es in reorienting the working of the organization towards a common corporate objective. For this purpose, I propose to reorganize the Railway Board along business lines and suitably empower Chairman, Railway Board to lead the organization effectively. As a first step, cross functional directorates will be set up within the Railway Board to focus on areas like non-fare revenues, speed enhancement, motive power and information technology. We will explore the possibility of unifying cadres for fres .....

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and long (10 years) term corporate plans and based thereupon, identify projects which fulfill the corporate goal. The Organisation will independently conduct market intelligence and support preparation of feasibility studies or Detailed Project Reports based on standard methodology and assumptions. Further, the Organisation would propose innovative financing mechanisms for identified projects. 112. National Rail Plan: In order to provide long-term perspective to planning for augmenting the railw .....

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of the transportation network by laying the new railway lines and new highways together in tunnels and over mega-bridges. Aekikaran - Consolidation 113. Holding Company: The companies owned by IR are its assets with immense future potential. We propose to examine the feasibility of bringing most of these companies under an umbrella of a holding company which would provide the necessary strength for leveraging the combined resources as also in providing the much needed flexibility in utilizing t .....

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rward such cooperation in key technology areas, the Government is working on a Foreign Rail Technology Cooperation Scheme (FRTCS). 115. I also propose to set up a R&D organization, a Special Railway Establishment for Strategic Technology & Holistic Advancement, SRESTHA. RDSO will now focus only on day to day issues while SRESTHA would drive long term research. SRESTHA would be headed by an eminent scientist reporting directly to Chairman, Railway Board and would be staffed with scientist .....

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tics leading to optimized investment decisions and operations. This team would comprise professional analysts and best in class decision support systems and optimization engines. Navrachna - Innovation 117. We are setting aside a sum of ₹ 50 crore for providing innovation grants to employees, startups and growth oriented small businesses to support internal and external innovation. On an annual basis we will seek out solutions to IR s most critical problems through an Innovation Challenge. .....

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set up in all our workshops and production units to support creative innovation by locals and staff. 118. Test Track: There has been a long felt need for developing a Test Track for expeditious testing of prototypes under varying test conditions as against the prevalent practice of testing on the Railway network, which leads to traffic delays, besides inability to simulate all test conditions. We will develop a Test Track which will go a long way in enhancing the R&D capability of IR. Avatar .....

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ng Institutes for a particular mission would support implementation at the field level. The annual outcome based performance targets for the Mission would be announced and all planning would be made in the light of the annual targets. The Missions will finalise the implementation plans for short, medium and long terms and proceed accordingly. 121. We will undertake the following seven missions. a. Mission 25 Tonne - To realise our goal of revenue enhancement, we need to augment our carrying capa .....

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Besides, these crossings also lead to drop in speed and hence impact the throughput of the network. We intend to eliminate all unmanned level crossings on Broad Gauge in the next 3-4 years for which innovative financing mechanisms are being developed. ii. TCAS (Train Collision Avoidance System): To prevent head on collisions, we have now developed an indigenous technology which also leads to increased throughput by increasing average sectional speeds. We intend to equip 100% of the High Density .....

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w of procurement and consumption of HSD including arresting leakages and aim to save more than ₹ 1,500 crore in 2016-17. We will also bring in new procedures for identification and disposal of scrap. d. Mission Raftaar: Throughput of the railway system is an outcome of tonnage and speed. Complementing Mission 25 tonne would be Mission Raftaar which will target doubling average speeds of freights trains and increasing the average speed of superfast mail/express trains by 25 kmph in the next .....

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nd processing all new applications, alongwith decentralization of powers. f. Mission beyond book-keeping: Being a Government undertaking, IR does not follow practices in accounting which aid detailed assessment of unit costs. Though we are moving from single entry to double entry systems and from cash based to completely accrual based accounting, I do not consider them as great reforms. As a thriving commercial entity, we also want IR to go a step further and establish an accounting system where .....

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between Delhi-Mumbai and Delhi-Kolkata. Shifting of goods trains from existing tracks to the new corridors would also release a great deal of capacity which would help upscale the nature of passenger services on these trunk routes. It is proposed to prepare a blueprint for making full use of this huge new capacity no sooner than it is commissioned. Sustainability and Social Initiatives Human Resources/ Skilling 122. I am proud to state that I lead a workforce that is sincere and dedicated. It i .....

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by them while patrolling on foot through value engineering. We will also provide toilets and air-conditioning in cabs for our loco pilots. 124. For promoting research in key policy areas, we intend setting up two chairs - one C T Venugopal chair on Strategic Finance, research and policy development and another Kalpana Chawla chair on geo-spatial technology for IR. 125. For our youth bubbling with ideas and energy, we will open up our organisation to 100 students across Engineering and MBA school .....

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ed to various NGOs and Civil society to help IR on social issues such as sanitation and provision of basic amenities at stations. I am proud to state that a number of voluntary groups came forward and contributed to this national cause. I extend my heartfelt gratitude to all of them and hope for their continued association. 128. Self-help groups not only provide employment to women but also respect and dignity. IRCTC has begun the process of empanelling Self-help groups for providing catering/co .....

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o market them using IR s vast resources and assets. We will encourage sourcing of products from SC/ST entrepreneurs. Environment 130. In the context of India s commitment to reduce its carbon foot print, we have undertaken energy audits which have revealed the possibility of reducing energy consumption in non-traction area by 10% to 15%. To achieve this, we have decided that all new light provisions will be LED luminaire only and all Railway stations will be covered with LED luminaire in next 2 .....

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es. 132. IR uses steel sleepers on steel bridges which have limitations on maintenance and attaining higher speeds. Hence, environmentally friendly composite sleepers made up of recycled plastic waste have been developed which will be used over all girder bridges. 133. To take forward, our Prime Minister s vision of promoting Solar Power, IR had targeted commissioning of installed capacity of 1000 MW in next 5 years. Policy guidelines and tender documents for 50MW solar plants at rooftop have be .....

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utomatic coach washing plants will be commissioned in major coaching depots with a holding of more than 500 coaches for improved cleaning with reduced water consumption. Further, 32 stations and 10 coaching depots have been identified for installation of water recycling plants in the coming years. 135. Green Industrial Units: it is proposed to convert all production units as well as at least one workshop in each Zonal Railway as green industrial unit by obtaining relevant certification, good ene .....

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tourist circuit trains and explore the possibility of a revenue sharing model. We have recently upgraded our National Rail Museum. Promotion of tourism through Railway museums and UNESCO world heritage Railways will be our special focus. 138. India s rich bio diversity and wildlife is one of the mainstays of Incredible India campaign. Last year, we initiated a project to target reduction in elephant collisions, especially in North Eastern states. This year, to spread awareness about our Nationa .....

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that in India, Railways is a way of life, could not have been more appropriate. 140. Madam Speaker, I began my speech by stating that we had set out on a journey last year, the journey of transforming Bhartiya Rail. We have achieved significant progress in all aspects of this transformation, from scale to speed, from cleanliness to efficiency to resource mobilisation. We still have a long way to go. But the important thing is that we have a strong intent and the will to achieve our objectives. .....

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efore this August House the Financial Performance of 2015-16: FINANCIAL PERFORMANCE 2015-16: Madam Speaker, there is a net reduction in Gross Traffic Receipts by ₹ 15,744 crore in RE 2015-16 compared to the BE target of ₹ 1,83,578 crore. Passenger Earnings were budgeted to increase by 16.7% over R.E. 2014-15. However, the actual growth target for 2015-16 was 18.9% since passenger earnings in 2014-15 fell short of the RE target. This has been scaled down keeping in view the persistent .....

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e trends witnessed from the first quarter of the fiscal had guarded us to adopt several measures to contain the Ordinary Working Expenses (O.W.E.). We initiated stringent economy and austerity measures particularly w.r.t. the controllable heads like inventory, variable costs and contingent expenditure, due to which the budgeted Ordinary Working Expenses of ₹ 1,19,410 crore decreased in the Revised Estimates 2015-16 to ₹ 1,10,690 crore i.e. by ₹ 8,720 crore. Savings in Working E .....

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moderated to ₹ 5,500 crore in RE from the BE 2015-16 provisioning of ₹ 7,900 crore. Excess of receipts over expenditure in RE 2015-16 stands at ₹ 11,402.40 crore. With the above estimates, the targeted Operating Ratio in R.E. is 90.0% against 91.3% in 2014-15 and 93.6% in 2013-14. Plan size for 2015-16 is currently estimated at ₹ 1,00,000 crore i.e. the BE level. Madam, I shall now deal with the Budget Estimates for 2016-17: Budget Estimates 2016-17: The intention in 2016 .....

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