Railway Budget 2015-16 pragmatic; focus on cleanliness, safety and quality of life in journey are encouraging: PHD Chamber

Railway Budget 2015-16 pragmatic; focus on cleanliness, safety and quality of life in journey are encouraging: PHD Chamber

Railway Budget 2015-16 pragmatic; focus on cleanliness, safety and quality of life in journey are encouraging: PHD Chamber

 

No.PR-204
February 26, 2015
New Delhi
 

Railway Budget 2015-16 pragmatic; focus on cleanliness, safety and quality of life in journey are encouraging: PHD Chamber
 

President PHD Chamber of Commerce and Industry, Mr. Alok B. Shriram has described the Railways Budget for 2015-16 as the most pragmatic as it focuses on delivering a sustained and measurable improvement in customer experience, capacity expansion of passenger and freight through network expansion and proposed action plan for the next five years.
 

Five years action plan is encouraging and Railways will become a prime mover of the Indian economy, going forward, said Mr. Shriram
 

In a statement issued here today, Mr. Shriram said that the rail budget rightly expands the capacity of railways substantially and modernizes infrastructure as it is expected to increase the daily carrying capacity from 21 million to 30 million, increase the track length by 20% from 1,14,000 km to 1,38,000 Km and increase the annual freight carrying capacity to from 1 billion to 1.5 billion tonnes. The expanding capacities would enhance the investments and generate employment opportunities in the coming times.
 

Proposed investment plan in the tune of Rs. 8,56,020 crore is inspiring as it will facilitate network expansion, network decongestion, safety, research, passenger amenities, high speed rails and elevated corridors and station redevelopment and logistics parks which would be mobilized from multiple sources for funding, he said.

The announcement of 11 major thrust areas would facilitate overall development of the sector as the areas would be focused and each issue would be covered that would rejuvenate growth of the railways sector, said Mr. Shriram.
 

No hike in Railway Passenger Fares is good as the economy was facing severe inflation during the last many years and will be good respite to the common man, added Mr. Alok Shriram.
 

Allocation for passenger amenities up by 67% indicates that the focus of the government is to generate sate of art passenger facilities including making railway a safer means for travel, installation of hot buttons, coin vending machines for railway tickets within five minutes, e-catering to select meals from an array of choices. Further, 24*7 help lines for attending passenger problems, security related complaints and particularly surveillance cameras in suburban coaches for women would make it more lucrative for passengers to travely by trains, said Mr. Shriram.

 

200 more stations to come under Adarsh Station Scheme is also encouraging as it will provide state of art infrastructure to the passengers, he added.
 

The speed of nine railway corridors will be increased to 160 and 200 kmph which will facilitate faster delivery of goods and services, thereby leading to industrial growth in the coming times. Further, Train Protection Warning System and train Collision Avoidance System to be installed on selected routes will reduce accident rates, he said.
 

77 new projects covering 9,400Km of doubling/tripling/quadrupling works proposed will attract more investments in the sector and refuel growth of the sector thereby pushing it into  higher trajectory, going ahead.
 

ENDS

Koteshwar Prasad Dobhal
Consultant (PR)