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Railway Budget 2013 Live
Last Updated : 26 Feb 2013 09:53:33 AM IST
Railway Budget 2013 Live


Indian Railway Minister Pawan Kumar Bansal will present his budget for the financial year 2013-14 on Tuesday.

According to sources, the government is likely to introduce a fuel adjustment component and a passenger amenities cess which will contribute to a hike in fares. The Rail Budget 2013 may not be as populist as the people expect it to be.

The Rail Minister held several round of discussions with Prime Minister Manmohan Singh, Finance Minister P Chidambaram and the Planning Commission in connection with the Rail Budget. He is also understood have discussed the possibility of fare hike with Congress president Sonia Gandhi.

  • 13:27 : Passes for freedom fighters to be renewed once in three years.
  • 13:27 : Police Gallantry awardees to be gran ted one complimentary pass every year for travel along with one companion in 2 nd AC in Rajdhani/Shatabadi Trains.
  • 13:27 : Facility of complimentary card passes valid in 1 st class/2 nd AC extended to parents of posthumous unmarried awardees of Mahavir Chakra, Vir Chakra, Kirti Chakra, Shaurya Chak ra, President’s Police Medal for Gallantry and Police Medal for Gallantry.
  • 13:27 : Travel by Duront o Trains permitted on all card passes issued to sportpersons having facility of tr avel by Rajdhani/Shatabadi Trains.
  • 13:27 : Complimentary card passes to Olym pic Medalists and Dronacharya Awardees for travel in Ra jdhani/Shatabadi Trains.
  • 13:27 : Complimentary card passes to recipi ents of Rajiv Gandhi Khel Ratna & Dhyan Chand Awards to be valid for travel by 1 st Class/2 nd AC.
  • 13:26 : Railway Sports Promotion Board awar ded the ‘Rashtriya Khel Protsahan Puraskar – 2012’.
  • 13:26 : Railway Teams won 9 National Championships in 2012.
  • 13:26 : Five fellowships in nati onal universities to be instituted to motivate students to study and undertake research on IR related is sues at M.Phil and Ph.D. levels.
  • 13:25 : Imparting skills to the youth in railw ay related trades in 25 locations.
  • 13:25 : 1.52 lakh vacancies being filled up this year out of which 47000 vacancies have been earmarked fo r weaker sections and physically challenged.
  • 13:19 : Five MEMU services and eight EMU trains
  • 13:17 : Deregulation of diesel prices and hike in electricity tariff to result in a burden of Rs 5,100 crore in 2013-14.
  • 13:17 : An independent Rail Tariff Authority has been formalised.
  • 13:17 : Dynamic fuel adjustment component to be introduced on freight rates from April one, that will result in less than five per cent increase in rates.
  • 13:15 : No passenger fare hike for the moment.
  • 13:14 : Bansal announces 67 new express trains
  • 13:14 : Mumbai locals to get AC coaches: Bansal
  • 13:13 : Upraor in Lok Sabha as Bansal started announcing names of new trains
  • 13:13 : Bansal announces 26 new passenger trains
  • 13:11 : Diesel price hike added Rs 3,300 crore to fuel bill of Railways.
  • 13:11 : Planned investment of Rs 63,363 crore for 2013-14, including Rs 600 crore from PPP route.
  • 13:11 : Railway revenues to show a balance of Rs 12,506 crore in 2013-14.
  • 13:11 : Operating ratio expected to improve to 87.8 per cent in 2013-14 from 88.8 per cent in the current fiscal.
  • 13:10 : Railway hopes to end 2013-14 with a balance of Rs 12,506 crore.
  • 13:10 : Fuel adjustment charges to be imposed: Bansal
  • 13:09 : Need a mechanism to absorb fuel surcharge hike: Bansal
  • 13:08 : Five percent hike in freight charges effective from April1, 2013
  • 13:07 : Superfast and Tatkal charges to be hiked: Bansal
  • 13:06 : Freight target fixed at 1,047 MT for 2013-14, 40 MT over the current year.
  • 13:06 : Freight earning to grow by 9 per cent to Rs 93,554 crore.
  • 13:05 : Railways' freight loading traffic scaled down by 100 million tonnes from 1025 million tonnes because of economic slowdown.
  • 13:05 : Railways to set up a Debt Service Fund.
  • 13:03 : No hike in rail fares: Bansal
  • 13:02 : Freight earning target for FY 14 at Rs 93564 cr
  • 13:02 : Freight target for FY 14 at 147 m tonnes
  • 13:02 : Debt servicing fund to be set up to service railways
  • 13:02 : Rail Min: Have identified 347 projects for committed funding
  • 13:01 : To ban use of plastic catering: Bansal
  • 13:01 : Number of passengers expected to increase by 5.2 percent this year
  • 12:57 : Rs 3,000 crore loan from Finance Ministry re-paid with interest by Railways this financial year.
  • 12:57 : New Helpline number introduced: 1800-111-321
  • 12:53 : Train coaches will be made wheelchair friendly
  • 12:53 : It is proposed to air-condition locomotives.
  • 12:52 : 47,000 vacancies for weaker sections and physically challenged to be filled up soon.
  • 12:52 : Railway Energy Management Company to be set up to harness solar and wind energy.
  • 12:52 : Plan rail related technical institute at Nagpur: Bansal
  • 12:51 : FoBs-foot over bridge to be built in partnership with state governments
  • 12:47 : New coach manufacturing and maintenance facilities to be set up in various places including Rae Bareli, Bhilwara, Sonepat, Kalahandi, Kolar, Palakkad and Pratapgarh.
  • 12:47 : To set up Rail Finance Managment institute at Secunderabad: Bansal
  • 12:46 : Rs 8000 crore has been earmarked for the connection to the iron ore mines
  • 12:46 : Rs 4000 crore has been earmarked for the connection to the coal mines
  • 12:46 : Rs 3800 crore has been earmarked for the connection to the ports
  • 12:45 : Allocation of Rs 1,000 crore each made for railway land development authority and railway station development authority.
  • 12:45 : Railways set to enter 1 billion ton freight club of China, Russia and US.
  • 12:45 : Target 1 lakh cr invest through PPP route for 12th plan: Bansal
  • 12:44 : By FY 13 end, 1500 km of projects for dedicated freight corridor will be awarded
  • 12:42 : New train Azadi Express to places linked with the freedom struggle to be introduced, fares to be concessional.
  • 12:42 : Common rail-bus ticket to be introduced for Katra- Vaishnodevi pilgrims.
  • 12:42 : Internet booking to be strengthened with next-generation e-ticketing system to eliminate delays.
  • 12:41 : Internet booking to be provided from 0030 hours to 2330 hours.
  • 12:40 : Mechanized cleaning facilities at Railway Stations
  • 12:40 : Provision of 179 escalators and 400 lifts for disabled people. Coaches would also be wheel chair friendly-Bansal
  • 12:39 : Rail line for Katra (Vaishno Devi) in this budget
  • 12:39 : SMS alert service being rolled out shortly to intimate passengers about reservation status.
  • 12:39 : Railways will use Aadhar data base for bookings and validation of passengers.
  • 12:39 : Special A/C coaches 'Anubhuti', to be introduced in select Shatabdi and Rajdhani trains to give excellent ambience with commensurate fare.
  • 12:38 : Railways to sign an agreement with BHEL and Rajasthan government soon for manufacturing about 400 coaches in a year.
  • 12:37 : To create another 8 of women RPF personnel for safety of women passengers
  • 12:37 : Steep increase in input costs can only be met by hike in freight rates: Bansal
  • 12:36 : Rs one lakh crore to be raised from public-private partnership, Rs 1.05 lakh crore through internal resources in the 12th Plan, says Railway Minister P K Bansal.
  • 12:35 : Elimination of 10,700 unmanned level crossings targeted during the Plan; no more new such crossings to be created.
  • 12:35 : Identification of 104 stations for upgradation in places with more than one million population and of religious significance: Bansal.
  • 12:34 : No of passenger trains increased from 8897 in 2002 to 12335 in 2011-12: Bansal
  • 12:34 : Have already created 4 cos of women RPF personnel for safety of women passengers
  • 12:32 : new generation e-ticketing system to be introduced: Bansal
  • 12:31 : Presence of women RPF staffs in trains to be increased: Bansal
  • 12:30 : Working towards making e-ticketing facility on mobiles: Bansal
  • 12:30 : Plan for elephant corridor safety soon: Bansal
  • 12:29 : Electronic display board for on-board passengers-Bansal
  • 12:29 : Six more rail neer bottling plants to come up this year
  • 12:29 : Rs 100 crores for development of NCR railway stations- Bansal
  • 12:28 : Upgradation of track through flash welding system on cards
  • 12:28 : Plan free wi-fi facility onboard trains
  • 12:28 : To start one luxury coach 'Anubhuti' in train
  • 12:26 : Train Anti-collision system to be in place soon: Bansal
  • 12:23 : 40 percent of rail accidents, 60 percent of fatalities at Level-crossing: Bansal
  • 12:23 : Bansal proposes Corporate Safety plan for 10 years period
  • 12:22 : There is thrust on improved signalling system Also introduction of TPWS- Train protection Warning System is on cards in Budget 2013
  • 12:22 : Mr Bansal concerned at the accidents at level-crossings
  • 12:22 : Mr Bansal paid tributes to those lost life in Kumbh incident recently. But he heaved a sigh of relief on the fact that the number of accidents have come down in recent years.
  • 12:21 : Target of mobilizing Rs 95000 crore in next four years is not easy
  • 12:21 : To work towards zero-accident level: Bansal
  • 12:21 : Many projects not getting funded in time-bound manner: Bansal
  • 12:20 : FY13 Gross budegtry support at 1.94 lakh cr
  • 12:18 : 12th plan rail market borrow pegged at Rs 1.2 lakh cr
  • 12:17 : Need to pradigm shift on tarrif, freight policy: Bansal
  • 12:17 : Need to expand Rail network at much faster pace: Bansal
  • 12:14 : Losses in Railways have led to the deterioration of operation services: Bansal
  • 12:12 : Rail is the single catalyst in growth story of India
  • 12:11 : Growth of railways linked with overall growth of Country: Bansal
  • 12:10 : Railways must remain financially sustainable: Bansal
  • 12:07 : There's demands for more trains: Bansal
  • 12:06 : Bansal also pays homage to former Prime Minister Late Rajiv Gandhi for intruducing him to highest Temple of Democracy
  • 12:06 : Bansal thanks PM Manmohan and UPA Chairperson for giving him this oppertunity
  • 12:05 : Pawan Bansal presents Rail Budget 2013-14 in Lok Sabha
  • 12:02 : Stay tuned with us to get the LIVE updates of Rail Budget 2013-14
  • 12:02 : Can Bansal revive Railways? The answer will come out soon
  • 12:00 : Mordenised high-speed trains are likely to be announced in Rail Budget 2013
  • 11:58 : No briefcase, Bansal carries Rail Budget papers in a diary
  • 11:45 : Pawan Bansal is first Congress man to give Rail Budget speech in last 17 years
  • 11:45 : Pawan Bansal arrives at Parliament, will present Rail Budget in 10 min
  • 11:29 : Won't tolerate any hike in Railway fares: BJP
  • 11:13 : Railways can run without burdening common man: TMC
  • 11:10 : Railway stocks suffer in run up to Railways Budget
  • 10:50 : The railways are the lifeline of Mumbai city. People need an increase in the local train network services to reduce overcrowding.
  • 10:48 : Railway minister PK Bansal is expected to go to Parliament at 11 am and is expected to present the budget at noon.
  • 10:34 : Bansal is likely to unveil a number of new trains, including Rajdhanis and Shatabdis.
  • 10:33 : Suresh Kalmadi presented Railway Budget in 1996.
  • 10:32 : After 17 years, the Railway Budget will be presented to Parliament by a Congressman.
  • 10:32 : Union Railway Minister Pawan Kumar Bansal has reached Rail Bhawan.
  • 10:28 : Railways have decided to import eight hydraulic cranes from Europe to strengthen its disaster management.
  • 10:15 : PK Bansal will announce proposal of 160 km per hour high-speed relief train in his maiden Rail Budget 2013-14
  • 10:13 : Union Railway Minister Pawan Kumar Bansal has left for Rail Bhawan.
  • 10:12 : Indian Railways is also one of the world's largest employers, with more than 1.4 million people working for it.
  • 10:01 : BJP demands 'passenger-friendly' Railway Budget
  • 09:59 : A section of the Congress are not in favour of another round of fare hike as general elections are not far away.
  • 09:57 : New proposals for High-speed train can be expected
  • 09:55 : slight hike in freight rates expected
  • 09:44 : Top priority accorded to safety of passengers,Bansal promised a 24X7 helpline for women
  • 09:43 : The budget will also introduce manufacturing of about 16,000 new wagons.
  • 09:40 : The Rail Budget 2013 may not be as populist as the people expect it to be.
  • 09:40 : 100 new trains likely to be introduced including AC double deckers, extension and increase of some popular passenger services.
  • 09:39 : An additional Rajdhani is likely to be introduced between Delhi and Mumbai.
  • 09:39 : Bansal is all set to announce a slew of passenger-friendly measures such as improvement in catering service, maintaining cleanliness at rail premises
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