HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14
HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 Thrust 1. Safety; 2. Consolidation; 3. Passenger Amenities; 4. Fiscal Discipline. Some Achievements/Initiatives IR enters the one billion tonne Select Club joining Chinese, Russian and US Railways; IR also joins Select Club running freight trains of more than 10000 tonne load; ‘Fuel Adjustment Component’ concept to be implemented linking tariffs with movement of fuel prices; Target of Rs 1000 crore each fixed for Rail Land Development Authority and IR Station Development Corporation to be raised through PPP in 2013-14; New fund – Debt Service Fund – to be set up to meet committed liabilities of debt servicing for WB and JICA loans for DFC and other future liabilities. Measures for improving Safety & Security Making a Corporate Safety Plan for a ten year period (2014-2024). Elimination of 10797 level crossings during the 12th Plan and no addition of new LCs to the IR system henceforth. Introduction...