Highlights of the Railway Budget 2014-15

Thrust
1. Safety 2. Project Delivery 3. Passenger Amenities/Services with focus on food services & on cleanliness, sanitation, toilets 4.
Financial Discipline 5. Resource Mobilization 6. IT Initiatives 7. Transparency & System Improvements.

Course Correction and Initiatives

Works to be re-prioritized with more focus on doubling and tripling to decongest the over-utilized network.
Recent fare and tariff hike to mop additional revenue of about ` 8,000 cr. Alternate resource mobilization need to be explored as enlisted.
o Leveraging Railway PSU Resources by bringing in their investible surplus funds in infrastructure projects of Railways.
o Domestic investments and FDI in rail infrastructure. o Pursuing Public Private Partnership.
Near Plan-holiday approach.
Prioritizing and setting timelines for completion of the ongoing projects.
Decision Support System for project implementation.
Strategic partnerships and transparency in procurements.
Aggressive indigenization of imported products.
Developing locomotives, coaches and wagon leasing Market.

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