Highlights of Gowda’s maiden Railway Budget 2014

trainThe first Railway Budget of National Democratic Alliance, which was elected to power in May 2014 for the second time, was presented by Sadananda Gowda on Tuesday.

In its previous term i.e, between 1999 and 2004, the railways portfolio was given to NDA allies but this time it is held by BJP man Gowda. Here are the highlights of the Rail Budget:

Reform Measures

Proposal to restructure Railway

Board Aim to become the largest freight carrier in the world

To complete all ongoing projects

Trains, Fare & Tracks

FY15 passenger fare revenue pegged at Rs 44,600 crore

To introduce 6 AC, 27 Express trains in

FY15 First bullet trains to run between Mumbai and Ahmedabad sector

Mumbai to get 864 additional state-of-the-art

EMUs in 2 years Allocated Rs 100 crore for high-speed rail network

To increase speed of some trains to 160-200 km/hr


To have diamond quadrilateral network for high-speed trains

Rs 5,116 crore earmarked for projects in Northeast this Fiscal

Propose Railways modernising via PPP projects

To allot Rs 1,780 crore to eliminate unmanned level crossings

Lifts, escalators via PPP route at all major stations

Railways needs Rs 50,000 cr every year for 10 years

CCTV in all stations to monitor cleanliness Proposal to st up food courts at stations

To recruit 4,000 Women

RPF constables To encourage corporate houses to adopt stations

To talk to industry to attract investment under PPP, BOT modes