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Railway Minister plays it safe ahead of elections, keeps fares unchanged

Railway Minister Mallikarjun Kharge presented the interim rail budget for the next fiscal with no hike in fares or freight, introducing 72 new trains and connectivity to two more northeastern states. Following are the highlights:

BT Online Bureau        Last Updated: February 17, 2014  | 12:30 IST
Interim Railway Budget highlights 2014-15
Union Railways Minister Mallikarjun Kharge

Highlight29:No change in passenger fares and freight charges.#

Highlight28:72 new trains to be introduced: These include 17 premium trains, 38 express trains, 10 passenger trains, 4 MEMU and 3 DEMU.#

Highlight27:Three trains will be extended and frequency of three other trains will be increased.#

Highlight26:Railway services to expand to hinterland and frontiers of India.#

Highlight25:19 new lines to be taken up for survey in fiscal 2014-15.#

Highlight24:Working expenses pegged at Rs 1,10,649 crore, which is Rs 13,589 crore higher than the revised estimates for the current fiscal.#

Highlight23:Three new factories -Rail Wheel Plant in district Chhapra, Bihar; Rail Coach Factory at Rae Bareli in Uttar Pradesh; and Diesel Component Factory at Dankuni, West Bengal, have become functional and commenced production during 2013-14.#

Highlight22:Proposed outlay of Rs 64,305 crore with a budgetary support of Rs 30,223 crore.#

Highlight21:Seeks approval of spending for first four months of fiscal 2014-15.#

Highlight20:Gross traffic receipts pegged at Rs.1,60,775 crore.#

Highlight19:Target of doubling gauge was also surpassed: 2,227 km was completed against a target of 2,000 km.#

Highlight18:Electrification of 4,556 km railway line was completed against a target of 4,500 km.#

Highlight17:Rs 19,805 crore budgetary support needed for the fiscal 2014-15.#

Highlight16:Premium AC Spl train in Delhi-Mumbai sector with shorter advance reservation period and dynamically varying premium over tatkal fare.#

Highlight15:More high-speed trains to be launched.#

Highlight14:Setting up 11.2 km tunnel in Jammu and Kashmir.#

Highlight13:Seeks approval of spending for first four months of fiscal 2014-15 - Railway services to expand to hinterland and frontiers of India.#

Highlight12:It is time we take a note of the investment and other urgent needs of the railways.#

Highlight11:Railways need careful nurturing in its role to build nation.#

Highlight10:Dedicated eastern, western freight corridor soon.#

Highlight9:Meghalaya and Arunachal Pradesh to be brought on railway map.#

Highlight8:Vaishno Devi will be soon be linked to rest of the India.#

Highlight7:Several new lines, guage convesrions completed in last fiscal.#

Highlight6:Rail connectivity to Northeast has increased dramatically.#

Highlight5:Railways is a strong engine of country's development.#

Highlight4:Railways has successfully met the heavy impact of 6th pay commission.#

Highlight3:Railways contribution is unprecedented.#

Highlight2:Stocks of companies associated with the railways increased around noon.#

Highlight1:Railway Minister Mallikarjun Kharge presented the Railway budget 2014. This is an interim rail budget ahead of Lok Sabha polls.#

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