Railway Budget fallout: Railway Minister Dinesh Trivedi resigns

Union Minister Dinesh Trivedi will be presenting the Railway Budget.

Copies of Rail Budget have been brought to the Parliament.

Dinesh Trivedi earlier said that the budget will be good for common man.

Railway minister Dinesh Trivedi has reached the Parliament to present the budget.

Trivedi said he was grateful to memberes of 14 lakh strong rail parivar.

Safety is my emphasis and sole purpose, says Trivedi.

Trivedi says he took directions from former railway minister Mamata Banerjee before presenting his maiden railway budget.

I have received blessing from Lalu Prasad Yadav, says Trivedi.

I propose to set up an independent railway authority, a railway research and development committee, says Trivedi.

Not satisfied with the current safety standards of railways, says Trivedi.

I have tried to learn from the past.... Great stress will be laid on implementation of projects... The recommendations of the Kakodkar panel will be implemented, says Trivedi.

Railways must attract 10% of government share of investment
Investments under 12th 5-year plan estimated at Rs. 7.35 lakh.

487 projects are pending. There's an urgent need of funds....

I want to bring down the operating ratio which is currently 95%, says Trivedi.

Trivedi says safety, decongestion and modernisation are focus areas of his budget.

Gross budgetary support of Rs7.35 L crore for railways.

All unmanned level crossings to be abolished in next five years. There's a need to connect backward areas, says Trivedi.

Railway Safety Plan for 12th Plan will be Rs16,842 crore.

Propose to set up Independent Railway Safety Authority as a statutory body, says Trivedi.

Special Purpose Vehicle - Rail Road Grade Separation Corporation of India - to be set up for abolishing level crossings: Trivedi tells LS.

Railway investment in the 12th Plan to be Rs7.35 lakh crore against Rs1.92 lakh crore in the 11th Plan.

Need 5 lakh crore from from PM's Rail scheme. Require Rs14 lakh crore in next 10 years, says Trivedi.

Plan to modernise 19,000 kilometers of tracks.

Rs60,100 crore annual plan outlay targeted.

Collective responsibility of House for Railways' success.

Focus on Northeast and J&K.

Railways should get at least 10% of government's infrastructure spends, says Trivedi.

Want to target zero deaths due to track accidents. Govt should work on a national plan for the railways and extend support, says Trivedi.

Railways to increase manufacturing of safe coaches.

Will introduce wagons with high payloads.

Railways should contribute 2% to GDP instead of the current 1%.

Annual Plan for Railway for 2012-13 put at highest ever Rs60,100 crore.

There are 487 unfinished projects of new lines gauge conversion and new lines worth Rs1 lakh crore. Propose to bring down operating ratio from 95 to 84.9% in 2012-13 and lower it to 74% by terminal year of 12th plan. Gross budgetary support for Railways for 2012-13 Plan fixed at Rs24,000 crore. Plan to modernise 19,000km of railway tracks, which cater to 80% of traffic, says Trivedi.

Indian Railways Stations Development Corp will redevelop stations and maintain them on pattern of airports.

Logistics Corporation will be created for providing logistics solutions for rail users. Rs 4,400 crore for capacity augmentation. Increase number of double track container wagons. Reducing travel time, passenger convenience is the main focus. 14 new rail line survey to be taken up in 2012-13. Budgetary support pegged at Rs25,000 crore for the coming year as against projected requirement of Rs45,000 crore

800 km of lines to be gauge converted at Rs1,950 crore
in 2012-13.

Logistics Corporation will be created for providing logistics solutions for rail users.

Budgetary support pegged at Rs25,000 crore for the coming year as against projected requirement of Rs45,000 crore. 14 new rail line survey to be taken up in 2012-13. 725km of new line completed in the current year, Rs6,725 crore for new lines, says Trivedi.

All meter gauge, narrow gauge sections to be made broad gauge, except heritage lines, by end of 12th Five Year Plan. 31 projects of over 5,000km being implemented with the support of state governments.

Improvements to railway stations can provide employment to 50,000 people Aim to bring down operating ratio from 90% to 84.9% in 2012-13 and to 72% by 2016-17. Investment of Rs5.60 lakh crore required for modernisation.

31 projects of over 5,000km are being implemented with the support of state governments.

Rae Bareily coach factory is ready for rolling.

Trivedi proposed upgradation of 929 stations.

Trivedi proposed linking of Agartala to Akura in Bangladesh to strengthen bi-lateral ties.
There is a need to focus on disaster management programme in Railways, says Trivedi.

 

Railways to take up linking of Agartala to Akura in Bangladesh.

Passenger amenities to be given Rs1,112 crore in 2012-13 as against Rs762 crore in current year.

Special housekeeping body to be set up to maintain stations and trains.

All out efforts to improve hygiene in trains and stations in next six months.

Rail Khel Ratna awards to be given to rail sportspersons every year.

Railways to replace open discharge toilets with green toilets. 2,500 coaches will be equipped with bio-toilets next year. Railways to recruit more than one lakh persons in 2012-13.

75 new express passenger trains to be introduced.

Railway Board to be restructured, two more members to be included.

Guru Parikarma special trains to cover Sikh pilgrimage centres of Amritsar, Patna and Nanded.

Indian Railways passing through difficult phase: Trivedi.

Expansion of suburban rail networks and addition of more services in Mumbai, Chennai and Kolkata.

Fares have been increased across all classes.

Surplus with railways at Rs1,492 crore in current year as against targeted Rs5,258 crore.

Passenger earnings to increase to Rs36,200 crore. Gross traffic receipts Rs1,32,552 crore.

Railways to carry 55 million tons more freight at 1025 million tonnes in 2012-13.

 

Gross rail traffic targeted to increase by Rs28,635 crore to Rs1,32,552 crore in 2012-13.

Finance Ministry agrees to loan Rs3,000 crore to Railways at 8.55% interest, says Trivedi. 50% concession in fare in AC classes to anaemia and sickle cell disease patients.

Increase in fares announced across all classes

Three paisa per km hike for express trains

Rs12 hike for travel beyond 300 km

30 paisa hike in second AC fair per kilometer

Platform ticket charge up from Rs3 to Rs5

First passenger fare hike in 10 years!

2 paisa rise in fare per kilometer in second class
30 paise per kilometer hike in first AC
10 paisa per kilometer rise in third AC

No steep increase in passenger fares, says railway minister.

Platform tickets to cost Rs5.

Body of experts to examine setting up of an independent Railway Tariff Regulatory Authority.

Railway Minister Dinesh Trivedi is likely to be sacked for proposing a rail fare hike. He has been summoned by Mamata Banerjee to Kolkata.

Sudip Bandopadhyay, leader of the 19-member Trinamool group in the Lok Sabha said that another name for railway minister might be proposed. He also said the party will move cut motion against the fare hike

A delegation of Trinamool MPs are to meet Prime Minister Manmohan Singh on Thursday to press for a roll back of the fares which has been opposed by the party supremo Mamata Banerjee.

Mamata Banerjee writes to PM to remove Dinesh Trivedi as railway minister.

She has suggested Mukul Roy's, Minister of State for Shipping, name for the post.

PM Manmohan Singh called an emergency Congress meet at his residence after he recieved Mamata Banerjee's fax asking for Dinesh Trivedi's removal.

Mukul Roy to meet West Bengal Chief Minister Mamata Banerjee

According to sources Congress seemed undecided over the issue of hike and Dinesh Trivedi's removal as railway minister but ruled out complete rollback of fare.

According to television reports Trivedi on Wednesday night sent his resignation letter to PM manmohan Singh.