Railway budget 2011 12 by dilip bhavel
description
Transcript of Railway budget 2011 12 by dilip bhavel
International Learning Institute Indore
Presentation on
Indian Railway Budget(2011-12)
Submitted to:-Mr. Chanchal SoniVP of ILI
Submitted by:-Dilip BhavelSpring Batch’10
CONTENTS
About Mamta BanerjeeAbout BudgetHighlights of BudgetThe Railway RupeeRailway Budget at a GlanceRailway Budget-Key FigureFor Madhya PradeshFinancial Performance 2010-11Target and AchievedRefrences
Minister of Railways (Government of India) 5 January 1955 (age 56)
Nationality-Indian
Political party-All India Trinamool Congress
Religion-Hinduism
BA ,PG and B.Ed from Kolkata. She also did LLB from Kolkata
About Mamta Banerjee
About Budget
“A budget is a financial document used to project future income and expenses”.
What is Budget?
Rs.57,630 cr for 2011-12, the highest investment in one yearIt is 40% more than last year (41426cr)
This money will generate from:-
a) 20000cr financed through GBS b) 1041cr by diesel cessc) 20594cr Market borrowing through IRFCd) 14219cr will financed through (Internal Resources)e) 1776cr were expected to yield from PPP and wagon investment scheme(External Source)
Size of Budget
Highlights of Budget
Targeti. 1,300 km new lines,ii. 867 km doubling, iii. 1017 km gauge conversion
Rs 9,583 cr provided for new lines, Rs 5,406 cr for doubling, Rs 2,470 cr for gauge conversion and Rs 13,820 cr for acquisition of rolling stock.
Investment
Railways have developed several business-oriented policies for the first time. 1) Railways’ Infrastructure for Industry Initiative (R3i) 2) Private Freight Terminal (PFT) 3) Special Freight Train Operators (SFTO) 4) Automobile Freight Train Operators (AFTO) 5) Automobile and Ancillary Hubs 6) Kisan Vision (Cold Chains) 7) New Catering Policy 8) Rail Connectivity to Coal and Iron Ore mines (R2CI)
Policy Initiative
“No hike in passenger fare and freight rates.”
10,000 dwelling units to be provided in Mumbai, Sealdah, Siliguri, Tiruchirapalli etc on pilot basis.
A scheme for socially desirable projects, 'Pradhan Mantri Rail Vikas Yojana' with Non-lapsable fund proposed.
Benefits
Rail linkage to Gujarat from Delhi-Mumbai freight corridor.
Concession to physically handicapped persons to be extended on Rajdhani and Shatabdi trains. Concession of 50% to press correspondents with family increased to twice a year.
Concession to Kirti and Shaurya Chakra awardees to be extended to Rajdhani and Shatabdi trains.
Concession
Facility of card passes to be extended to the parents of unmarried
posthumous Param Vir Chakra & Ashok Chakra gallantry award winners.
Senior citizen concession to be increased from 30% to 40% for men. Women to get senior citizen concession from 58 years age.
236 more stations included in the list of Adarsh Stations(442)
More MFCs and Budget Hotels to be set up at 45 locations. Introduction of pan-India multi-purpose ‘Go India’ smart card.
Two new passenger terminals in Kerala and one each in Uttar Pradesh & West Bengal.
Passenger/Rail Users Amenities
New portal for e-ticketing.
Internet access on Howrah- Rajdhani Express on pilot basis.
Introduction of advance booking of Retiring Rooms. Introduction of new super AC class of travel.
Feasibility study with the help of Japan to raise speed of passenger trains to 160-200 kmph.
A new portal for e-ticketing to be launched shortly.
Booking charges will be cheaper with a charge of onlyRs. 10 for AC classes and Rs.5 for others.
Expanding the scope of LARS for Guaranteed employment for safety category staff.
Extending medical facilities to both dependent F&M. Increase the scholarship for girl child of group-D employees to Rs.1,200 pm. Provision of 20 Road Medical Vans.
20 additional hostels for children of railway employees .
Staff Welfare
Anti Collision Device (ACD) sanctioned to cover 8 zonal railways. All unmanned level crossings of TVU upto 3000 to be eliminated. Construction of 200 ROBs & 325 RUBs/subways. Deployment of GPS-based ‘Fog Safe’ device. Two new trains and two projects as a special package to states which ensure trouble free running of trains. All India Security Help line on a single number set up.
Safety & Securities
2011-12 to be ‘Year of Green Energy’ Regenerative braking in Mumbai EMUs.
Production of locos with ‘hotel load converters’
Use of solar energy at LC gates and stations, windmill at ICF Chennai.
Use of bio-diesel, CNG and LNG in locos and workshops. Free supply of 14 lakh CFLs to railway households.
Green Initiative
1.75 lakh vacancies of group C & D initiated, including backlog of SC/ST quota.
16,000 ex-servicemen to be inducted by end of March 2011.
Training Centre to be set up at Kharagpur.
Three multi-disciplinary training centres to be set up with an exclusive international centre at Agra and new basic training centre at Kurseong
Five polytechnics to be set up.
Recruitment and Selection
13000 recruitment in RPF
Happy to announce 85 PPP proposals received
Decided to set-up rail-based industries.
34 new services to be introduced in Kolkata Metro.
Committee set up to monitor works at four sections of Metro Railway Kolkata. Seven new surveys for new connectivity of Kolkata Metro Railway to be taken up. Setting up of Kolkata Rail Vikas Corporation for upgrading entire suburban system of Kolkata.
Metropolitan Projects
Sr. No. Location Project
1 Kolkata Metro Coach Factory
2 Singoor Metro Coach Factory
3 Nandi gram Industrial Park
4 Darjeeling Software Centre
5 Uluberia Track Machine Industry
6 Orissa Coach Factory
7 Kashmir Bridge Factory
8 Kerala Component and Coach Factory
9 Manipur Diesel Locomotive Factory
10 Assam Rail Industry Park
11 Maharashtra 700MW gas-based power plant
Projects
56 Express9Duranto13 Passenger3 Shatabadi22 DMU(Diesel Engine Multiple Unit)2 Double Décor10 New Rajdhani Express4 New Trains name is Janambhumi Gourav5Vivek Express5kavi Guru express4 MEMU(Mainline Electric Multiple Unit) and47 Local trains
New Trains
12
8 T
rain
s
The Railway Rupee
65%
26%
3% 3% 3%
Goods Traffic Earning Passanger EarningSundry Other EarningOther Coaching EarningMiscellaneous Receipts
Income
42%
16%
4%
2%
17%
4%6% 9%
Staff Wages & Al-lowance
Fuel
Stores
Depreciation Reserve Fund
Pension Fund
Lease Charges
Dividend
Miscellaneous
Expenditure
Railway Budget at a Glance
09-10 Actual 10-11 Budget 10-11 Revised 11-12 Budget0
10000
20000
30000
40000
50000
60000
70000
80000
2348826126 26126
30456
5850262489 62489
68620
Passanger Goods
Railway Earning (In Rs crore)
09-10 Actual 10-11 Budget 10-11 Revised 11-12 Budget0
1000
2000
3000
4000
5000
6000
0.75
3173
4105
5258
Column1
Overall Position Excess (In Rs crore)
09-10 Actual 10-11 Budget 10-11 Revised 11-12 Budget89
90
91
92
93
94
95
9695.3
92.3 92.1
91.1
Column1
Operating Ratio (In per cent)
09-10 Actual 10-11 Budget 10-11 Revised 11-12 Budget0
20000
40000
60000
80000
100000
120000
8696494765 94840
106239
8291587100 87200
96450
Gross Traffic Receipt Total Working Expenses
Working Result (In Rs crore)
Railway Budget –Key Figure
Actual 2009-10
Budget 2010-11
Revised 2010-11
Budget 2011-12
Gross Traffic Receipts
86937.97 94764.95 94840.44 106239.00
Total Working Expenses
82915.35 87100.00 87200.00 96450.00
Net Railway Revenue
5544.09 9781.55 9021.86 11993.13
Dividend Payable to general Revenues
5543.34 6608.46 4917.36 6734.72
Operating Ratio
95.3% 92.3% 92.1% 91.1%
Excess 0.75 3173.09 4104.50 5258.41
(Rs. in Crore)
FOR MADHYA PRADESH
3 New Trains
Udaipur-Bandra Terminal (via-Ratlam ) 3 days in a weekNagpur –Bhushawal Express (via-Khandawa) 3 days in weekLucknow –Bhopal Express, weekly
2DMU
Ratlam-Neemach DMURatlam-Chhitorgarh DMU
NO DISCUSSION ABOUT “INDORE–MANMAD-KHANDAWA-DAHOD” RAILWAY LINE
Benefit to M.P.
Benefit to Indore
2 New Trains
Indore –Kota Intercity Express (via-Rutiyai) DailyIndore –Jabalpur Intercity Express (via-Guna,Bina) 3 days in a week
Round Increase
Indore-Udaipur Express, will come daily
Indore-Ajmer willl go till Jaipur
Financial Performance2010-11
Disruption of train movement resulted in loss of Rs 1,500 cr and Rs 2,000 cr due to ban on export of iron ore.
Loading target reduced by 20 MT to 924 MT.
Gross Traffic Receipts fixed at Rs 94,840 cr, higher by Rs 75 cr over Budget Estimates.
Ordinary Working Expenses fixed at Rs 67,000 cr, an increase of Rs 2,000 cr over Budget Estimate.
Current dividend liability to be fully discharged.
Excess of Rs 4,105 cr.
Operating Ratio of 92.1% as compared to 92.3% in Budget Estimates.
Revised Plan Outlay of Rs 40,315 cr.
Target and Achieved
2010-11 2010-11 2011-12
Target Achieved Target
Electrification (kms) 1000 1000 1000
Track Renewals 3500 3150 3000
Const: New Lines (kms)
1000 700 1300
Gauge Conversion (kms)
800 800 1017
Rolling Stock
(A)Locos
(i) Diesel 250 250 300
(ii) Electric 230 265 280
(B) Coaches
(i) EMU/MEMU 1039 905 825
(ii) Others 3582 2795 2961
(C)Wagon(units) 18000 14500 18000
Reference
http://business.mapsofindia.com/india-budget/railway-budget-2011-12.html
http://www.rupya.com/2011/02/26/railway-budget-2011-2012-highlights/16405
Website- www.google.com
News papers-Economic Times, Times of India, Business Standards etc.