Railway Budget 2013 Live
Last Updated : 26 Feb 2013 09:53:33 AM IST
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.
Source:PTI, Other Agencies, Staff Reporters
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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