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    Cabinet approves merger of rail budget with general budget; advancement of budget presentation and merger of plan and non-plan classification in budge...
    Minister of Railways launches three more Budget Announcement 2016-17 namely (1) Extension of newly introduced cancellation facility for PRS counter ti...
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    Government constitutes a Sub-Committee under the aegis of the High Level Committee (HLC) on issues related to excise duty on different articles of jew...
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    Highlights of Railway Budget 2016-17 in Questions and Answers Format (Q & A Format)
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    September 21, 2016
    Show AI Summary
    Merger of Railway Budget with the General Budget enables unified appropriations and removal of historic dividend liability.
    The Cabinet approved three budget reforms from Budget 2017-18: merger of the Railway Budget with the General Budget while preserving Railways as a distinct departmentally run commercial undertaking with existing functional autonomy, elimination of the capital at charge and related dividend liability enabling Gross Budgetary Support and inclusion of Railway appropriations in the main Appropriation Bill; advancement of the date of Budget presentation to enable completion of Budget business before year end and reduce reliance on Vote on Account; and merger of Plan and Non Plan classifications while retaining earmarking for SCSP/TSP and North Eastern allocations to better link outlays to outcomes and focus on revenue and capital expenditure.
    May 25, 2016
    Show AI Summary
    Cancellation facility for PRS counter tickets enabled via IRCTC/139 with OTP validation and prescribed refund collection rules.
    Extension of a web- and IVR-based cancellation facility permits PRS counter ticket cancellations for confirmed, RAC and waitlisted PNRs via the IRCTC website or 139 subject to PNR/train number entry, OTP authentication to the mobile number recorded at booking, and specified cut off times; refunds must be collected at the journey commencing station or designated satellite PRS locations within prescribed time windows, certain ticket types are excluded, and cancellations are restricted in cases of train running anomalies.
    April 16, 2016
    Show AI Summary
    Port congestion surcharge withdrawal boosts rail freight competitiveness and aims to reverse traffic diversion to road.
    Withdrawal of the Port Congestion Surcharge is effective immediately, removing the 10% levy on base freight for port originating traffic to reduce logistics costs and attract incremental import and container volumes back to rail; the surcharge was earlier imposed to offset detention of rolling stock at congested ports but is withdrawn following a marked decline in port congestion.
    March 22, 2016
    Show AI Summary
    Excise duty on jewellery: provisional rules allow first sale valuation and curb enforcement pending Sub Committee recommendations.
    A Sub Committee has been constituted to advise on implementation of excise duty on jewellery, to receive representations and report within sixty days. Until its recommendations are finalised, excise payments must be based on first sale invoice value; invoice valuations will not be challenged if caratage/purity, weight and gemstone carats are stated; central excise enforcement is restrained (no visits, arrests, searches or seizures); exporters may use self declaration with submission of LUT to customs; registration may be taken within the transitional period while liability for duty remains effective from the Budget's effective date.
    March 5, 2016
    Show AI Summary
    Railway regulatory reform expands governance, transparency and PPP frameworks to modernise services and monetise assets.
    Railway Budget sets a policy framework to modernise operations through governance reforms, creation of planning and investment bodies, a Rail Development Authority bill, and movement to EPC contracting for large projects. It mandates transparency measures including expanded e procurement, internal and security audits, third party audits, CCTV coverage, and performance MoUs with zonal railways. Market reforms and PPPs are prioritised to monetise land and data, liberalise freight and parcel traffic, develop station and cold storage infrastructure, and rationalise tariffs; simultaneous safety, accessibility and environmental initiatives target infrastructure upgrades and passenger amenities.
    March 4, 2016
    Show AI Summary
    Excise duty on jewellery imposed; simplified online compliance and registration with enhanced small scale exemption limiting liability for smaller jewellers.
    A nominal excise duty on articles of jewellery was introduced with input service credit usable for duty payment; targeted exemptions include most silver jewellery and job workers, while enhanced small scale industry thresholds limit liability for many jewellers. Compliance is simplified through optional centralized registration, online filing and payment, acceptance of existing private and VAT records, no routine physical verification, monthly duty payment with a simplified quarterly return, and streamlined export procedures for exempt units; CA certification based on books of account suffices for SSI eligibility determination.
    March 3, 2016
    Show AI Summary
    Railway reform agenda: restructuring institutions and monetising assets to drive capacity expansion and service modernisation.
    The Railway Budget 2016-17 sets a reform oriented programme to reorganise and modernise railways through institutional restructuring, creation of specialised organisations for planning, R&D and analytics, time bound missions for axle load, speed, safety and procurement reforms, and accelerated capacity augmentation including broad gauge expansion, electrification, dedicated freight and high speed corridors. It pairs these investments with a diversified revenue strategy-station redevelopment, monetisation of land and soft assets, liberalised freight and parcel policies, institutional investment and manufacturing revenues-while advancing passenger amenities, technology integration, cleanliness, environmental measures and staff welfare.
    March 1, 2016
    Show AI Summary
    Budget measures to stimulate infrastructure and trade policy adjustments aimed at boosting domestic steel demand and industry protection.
    The budget deploys fiscal spending and tariff adjustments to stimulate rural and agricultural development and to shape metal industry demand: higher customs duty on zinc alloy to curb imports, removal of export duty on low-grade iron ore to promote exports, and a customs duty increase on aluminium to protect domestic producers. Public investments and policy changes-expanded LPG connections, village electrification, 100% FDI via FIPB in food products, and large irrigation outlay-are identified as anticipated drivers of steel demand for specific products such as coils, poles, structural steel, containers, silos, pipes and tubes.
    March 1, 2016
    Show AI Summary
    Provident fund and NPS corpus tax treatment clarified; annuity investment secures tax exemption and employer contribution limits discussed.
    Revised tax treatment requires a portion of provident and NPS corpus withdrawn at retirement to be tax exempt, and stipulates that amounts subsequently invested in an annuity will not be taxable; transfers of the original corpus to heirs after the annuitant's death are also tax free. The Budget leaves EPF coverage within the statutory wage limit unchanged, alters withdrawal tax treatment for voluntary higher paid EPF members to link tax exemption to annuitisation of a portion of corpus, and introduces a monetary ceiling on employer contributions for tax purposes, with representations on these points to be considered by the Finance Minister.
    March 1, 2016
    Show AI Summary
    Strategic disinvestment procedure centralises NITI Aayog role and establishes supervision, valuation and monitoring safeguards with Independent External Monitor.
    Strategic disinvestment procedure creates an institutional framework where NITI Aayog identifies CPSEs, recommends valuation methods and advises on mode and share percentage; a Core Group of Secretaries headed by the Cabinet Secretary will supervise implementation. The Administrative Ministry must carry out valuation and appoint asset valuers; an inter ministerial Evaluation Committee chaired at FA level will fix the reserve price. An Independent External Monitor will vet the process and address grievances, and the Ministry of Finance may put in place protective mechanisms for the disinvestment process.
    February 29, 2016
    Show AI Summary
    Dividend taxation now taxes shareholder receipts, changing exemption regime and impacting individual and firm taxpayers.
    Budget amendments adjust corporate tax rates and introduce a concessional rate for new domestic manufacturers subject to incentive exclusion; impose dividend taxation in the hands of resident recipients above a threshold; introduce an equalization levy on specified digital service consideration payable to non residents; clarify MAT non applicability for foreign companies without a PE; expand withholding and reporting adjustments; and overhaul compliance by shortening assessment timelines, introducing a dispute resolution scheme, and replacing concealment penalty law with Section 270A providing graded penalties and limited immunity.
    February 29, 2016
    Show AI Summary
    Finance Act reforms set out tax and indirect tax measures with clause-wise changes and administrative notifications.
    The Union Budget materials summarize the operative fiscal framework centred on the Finance Act and the Finance Bill, providing clause-wise highlights and explanatory aids for changes to taxation. They set out revisions to Service Tax, Central Excise, Cess and Customs and include notifications, clarifications, downloadable PDFs and press releases to guide compliance and administration.
    February 29, 2016
    Show AI Summary
    Clean energy cess amendments establish revised infrastructure cess rates and rescind an earlier cess notification.
    Amendments update the Clean Energy Cess notification, specify effective rates for an Infrastructure Cess on designated goods, and rescind a prior Clean Energy Cess notification so the revised notification-based levy framework governs the specified goods.
    February 29, 2016
    Show AI Summary
    Central excise amendments update exemptions, CENVAT refund timelines, interest rate and procedural rules after budgetary revisions.
    Budgetary changes institute central excise amendments to tariff and non tariff notifications, rescind specified prior notifications, adjust area based exemptions, amend commodity classification and tariff values, and exempt media carrying recorded Information Technology software to the extent that value attracts service tax; non tariff changes revise procedural rules including CENVAT Credit Rules, refund time limits for export of services, interest rate prescription for collection purposes, and introduce centralized registration for jewellery manufacturers.
    February 29, 2016
    Show AI Summary
    Customs tariff amendments implement Budget changes and modify exemptions, duties and project import regulations and baggage and interest rules notified.
    Customs tariff amendments implement Budget changes by amending existing notifications to adjust rates, exemptions and applicability, including changes to specified project lists under heading 9801, Project Import Regulations, additional duty rates under the Customs Tariff Act, withdrawal or grant of duty exemptions, and an increased value threshold for bona fide gifts imported by post or air freight. Non-tariff measures and a departmental circular address interest rates under the Customs Act, concessional import rules for manufacture of excisable goods, baggage rules, and related administrative changes.
    February 29, 2016
    Show AI Summary
    Service tax amendments clarify liability, exemptions, point of taxation rules and prescribe interest rates and procedural extensions.
    Service tax notifications amend procedural rules and prior notifications to clarify the extent of tax liability between service providers and other persons, insert explanations into the Point of Taxation Rules, prescribe interest rates under the Finance Act, and adjust taxable portions and conditions for specified exemptions including targeted exemptions for approved bio incubators and certain recorded IT software.
    February 29, 2016
    Show AI Summary
    Small taxpayer relief expands presumptive taxation and deductions to simplify compliance and reduce litigation exposure.
    The Budget widens simplified tax relief for small taxpayers by extending presumptive taxation to more professionals, raising the turnover threshold for presumptive business taxation, increasing rebates and deductions for rent and first time home buyers, while proposing taxation and caps affecting provident fund and employer contributions. It introduces a Dispute Resolution Scheme with reduced penalties and immunity subject to payment and withdrawal of disputes, a graded penalty framework, stay on demand on partial payment, appellate capacity increases, amendments to credit rules, and international measures including a Tax Equalization Levy and Country by Country reporting.
    February 29, 2016
    Show AI Summary
    Government funds employer pension contributions to incentivise formal-sector hiring, alongside expanded national skilling and placement measures.
    The Government will finance employer pension contributions for newly enrolled formal-sector employees for an initial employment period, subject to salary-based eligibility, and the Finance Bill proposes to broaden an existing income-tax-linked employment generation incentive. Budgetary allocations are provided to establish 1,500 Multi Skill Training Institutes, scale up a national skills programme, create a National Board for Skill Development Certification, operationalize 100 Model Career Centres, and inter-link State employment exchanges with the National Career Service platform to enhance training and placement.
    February 29, 2016
    Show AI Summary
    Pension tax exemption introduced for partial corpus withdrawals; employer contribution limit and service tax relief for annuities follow.
    Proposals change tax treatment of retirement benefits: a tax exemption for partial withdrawal of pension corpus at retirement under NPS and a corresponding 40% tax free corpus treatment for superannuation and recognized provident funds (for contributions after 1 April 2016); annuity payments passing to legal heirs will be non taxable; employer contributions to recognized provident and superannuation funds will be subject to a monetary ceiling for tax benefit; and service tax relief is proposed for NPS annuity services, EPFO services and certain single premium annuity policies.
    February 29, 2016
    Show AI Summary
    Start up tax incentives expanded to spur growth while phased limits on selective corporate exemptions accompany rate reductions.
    Tax proposals deploy targeted incentives to boost growth and employment: a start up deduction exempting profits for a limited period under conditions; a preferential patent income regime for domestically developed patents; an optional reduced tax regime for new manufacturers that forgo certain deductions and accelerated allowances; service tax exemptions for specified skill training services; a one year deferral for residency determination by Place of Effective Management; pass through taxation for securitisation trusts to support Asset Reconstruction Companies; and phased limits on accelerated depreciation and research deductions alongside gradual corporate tax rate reduction.

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      Highlights of Railway Budget 2016-17 in Questions and Answers Format (Q & A Format)

      March 3, 2016

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      For the Convenience, the Highlights of Railway Budget, 2016-17 have been complied in questions and answers format which is given below : -

      Rail Budget 2016-17

      Q.What is the theme of this Budget?

      • To Reorganise, Restructure and Rejuvenate Indian Railways.
      • A new approach, a new way of working - “चलो, मिलकर कुछ नया करें”.
      • Objectives:

      Ø  to improve customer service,

      Ø  regain the lost modal share, and

      Ø  to introduce a new way of working by relooking the processes and structures.

      • 3 pillars of the strategy :

      Ø  Nav Arjan or New revenues (focus on new sources of revenue),

      Ø  Nav Manak or New norms (optimising outgo on each activity), and

      Ø  Nav Sanrachna or New Structures (revisiting all processes, rules, and structures).

      Q Is this budget reform oriented?

      • Yes, the Budget 2016-17 focusses on consolidation of the vision set out in the Budget 2015-16.
      • Draft Bill on regulator to be finalized
      • Restructuring Railway Board on business lines
      • Forming cross-sectoral directorates
      • Setting up Railway Planning and Investment Organisation
      • Setting up a holding company for Railway PSUs
      • Creating a separate organization Special Railway Establishment for Strategic Technology & Holistic Advancement (SRESTHA) for R&D
      • Creating an organization Special Unit for Transportation Research and Analytics (SUTRA) for data analytics
      • Setting up duly empowered missions to take forward 7 activities with time bound targets – missions are for switching over to 25 tonne axle load, increasing speeds, accounting reforms, commissioning 100 sidings/PFTs in 2016-17, preparing a blueprint of utilizing the network once DFC is commissioned, zero accident for safety and for procurement and consumption efficiency.

      Q How is capacity augmentation planned?

      • Plan Budget is pegged at ₹ 1.21 lakh crore, 21% higher than the expected Plan expenditure in 2015-16.
      • 2015-16 will surpass target of commissioning 2,500 km Broad Gauge lines.
      • 2016-17 commissioning of 2,800 kms of Broad Gauge track.
      • 90 new projects involving a total investment of ₹ 1,26,172 crore covering about 8,432 kms covering new line, doubling, gauge conversion and Metropolitan Transport Project (MTP) included in the Budget.
      • In 2016-17, Broad Gauge lines at the rate of over 7 km per day against an average of about 4.3 Km per day in the last 6 years.
      • This pace will increase to about 13 kms per day in 2017-18 and 19 kms per day in 2018-19
      • Railway Electrification - 1,600 kms to be commissioned in 2015-16; in 2016-17 propose to electrify 2,000 kms.
      • High speed passenger corridor from Ahmedabad to Mumbai; SPV to be registered; will bring in modern technology for the country.
      • DFC – three new freight corridors: North-South connecting Delhi to Chennai, East-West connecting Kharagpur to Mumbai & East Coast connecting Kharagpur to Vijayawada through innovative financing mechanisms including PPP
      • Port connectivity: Tuna Port commissioned in 2015-16 and rail connectivity projects to ports of Jaigarh, Dighi, Rewas and Paradip under implementation. For 2016-17, to take up connectivity for the ports of Nargol and Hazira under PPP.

      Q What is there for the Common Man?

      • Introduction of Antyodaya Express, a long-distance, fully unreserved, superfast train service, to be operated on dense routes
      • Addition of two to four Deen Dayalu coaches in some long distance trains for unreserved travel with facility for potable drinking water and a higher number of mobile charging points
      • Sale of tickets through hand held terminals
      • Sale of platform tickets through ticket vending machines both cash and card compatible
      • E-ticketing facility to foreign debit/credit cards for foreign tourists and NRIs
      • Facility of cancellation through the 139 helpline using ‘One Time Password’
      • Bar coded tickets, scanners and access control on a pilot basis
      • Progressive CCTV coverage at tatkaal counters
      • ‘Vikalp’ (Alternative Train Accommodation System) scheme to be expanded to provide choice of accommodation in specific trains to wait-listed passengers.
      • IRCTC to manage catering services in a phased manner.
      • Extending e-catering services from 45 stations to all 408 ‘A-1’ and ‘A’ class stations.
      • Explore making mandatory catering services optional in trains.
      • Introducing a new policy where each stall at station can provide multiple products including milk products and OTC medicines
      • Option to our customers for drinking tea in kulhad
      • To convert all operational halts into commercial halts.
      • Information boards in trains to list on-board services and also GPS based digital displays inside coaches to provide information regarding halts.
      • A1 class stations to be manned with duly empowered Station Directors supported by cross functional teams.
      • Passenger amenities and beautification on stations at pilgrimage centres including Ajmer, Amritsar, Bihar Sharif, Chengannur, Dwarka, Gaya, Haridwar, Mathura, Nagapattinam, Nanded, Nasik, Pali, Parasnath, Puri, Tirupati, Vailankanni, Varanasi and Vasco.
      • Aastha circuit trains to connect important pilgrim centres.
      • Porters to have new uniforms and train them in soft skills, to be henceforth called sahayak.

      Q What is there for Cleanliness?

      • ‘Clean my Coach’ service through SMS.
      • Ranking of A1 and A stations based on periodic third party audit and passenger feedback.
      • Waste segregation and recycling centres.
      • ‘Awareness campaigns’ for cleanliness.
      • Additional 30,000 bio-toilets.
      • Providing portable structures with bio-toilets at all platforms of select stations for senior citizens, Divyang and women travellers.

      Q What is there for farmers?

      • Encouraging development of cold storage facilities on vacant land near freight terminals. Local farmers and fishermen would be given preferential usage of the facility. A policy in this regard would be issued in the next 3 months.
      • Allowing floriculture/horticulture along tracks.

      Q What is there for Industry?

      • Expanding the freight basket by looking beyond core commodities
      • Starting a time-tabled freight container, parcel and special commodity trains on a pilot basis
      • Container sector to be opened to all traffic barring coal and specified mineral ores and part-loads during the non-peak season.
      • Existing terminals/sheds to grant access to container traffic, where feasible
      • Review of tariff policy to evolve a competitive rate structure vis a vis other modes, permit multi-point loading/unloading and apply differentiated tariffs to increase utilization of alternate routes
      • Signing long term tariff contracts with key freight customers using pre-determined price escalation principles
      • To develop Rail side logistic parks and warehousing in PPP mode
      • 10 goods sheds to be developed by Transport Logistics Company of India (TRANSLOC) in 2016-17.
      • Inaugurating soon India’s first rail auto hub in Chennai to capture automobile traffic.
      • Exploring feasibility of opening up leasing of general purpose wagons.
      • Appointing Key Customer Managers to liaison with our major freight stakeholders.

      Q. What are the measures for environment and energy conservation?

      • To reduce energy consumption in non-traction area by 10% to 15%; all new light provisions will be LED luminaire only
      • More than 2,000 locations provided with Rain Water Harvesting (RWH) facility; RWH systems will be provided in a phased manner in all establishments having rooftop areas of more than 200 square metres
      • Environmentally friendly composite sleepers made up of recycled plastic waste will be used over all girder bridges
      • Tender documents for 50 MW solar plants at rooftop issued and facility for another 100 MW being set up
      • To commission 132.5 MW of windmill power plants in 2016-17
      • Automatic coach washing plants to be commissioned in major coaching depots with a holding of more than 500 coaches
      • To convert all production units as well as at least one workshop in each Zonal Railway as green industrial unit

      Q. Are there any measures in the budget for Staff Welfare?

      • To tie up with the Ministry of Health for ensuring an exchange between Railways hospitals and Government hospitals.
      • Introduce ‘AYUSH’ systems in 5 Railway hospitals.
      • All gang men to be provided devices called ‘Rakshak’ which will intimate them about approaching trains.
      • To reduce weight of the tools carried by gangmen while patrolling
      • Provide toilets and air-conditioning in cabs for loco pilots.
      • One C T Venugopal chair on Strategic Finance, research and policy development
      • One Kalpana Chawla chair on geo-spatial technology for IR.
      • Rail University at Vadodara
      • Skill development on IR premises with Ministry of Skill Development
      • Railway Workshops and Production Units to develop ‘Centres of Excellence for Skill Development’, focussing on one/two specialized activities for the general public
      • Join hands with prominent NGOs to provide skilling to people in remote areas including wards of Railways employees.

      Q. Are there any passenger friendly initiatives to cater to special needs, including Senior Citizens, Divyang (differently-abled) etc?

      • Expansion of Sarathi Seva to help old and disabled passengers requiring assistance at stations.
      • Strengthen existing services for enabling passengers to book battery operated cars, porter services, pick up and drop, and wheel chair services – Rail Mitra Sewa.
      • Ensuring all stations under redevelopment are accessible by Divyang
      • At least one Divyang friendly toilet at each platform in A1 class stations in 2016-17.

      Q Are there any measures for the business traveller?

      • For passengers transiting railway network for freshening up before moving on with their business for the day, hourly booking of retiring rooms to be allowed instead of the existing minimum of 12 hours.
      • Retiring rooms to be handed over to IRCTC for management.

      Q What is there for Suburban systems?

      • Mumbai Urban Transport Project (MUTP) III to be taken forward.
      • Financial closure and an early award of tenders for two elevated suburban corridors between Churchgate-Virar and CSTM-Panvel
      • Raise all low level platforms in Mumbai suburban stations in 2016-17
      • Issues related to East West Corridor of Kolkata Metro resolved and Phase I will be completed by June 2018; working on the possibility of extending the East West Corridor by 5 km.
      • Reviving the Ring Railway system in Delhi in partnership with the State Government.
      • Major programme to build an integrated suburban ecosystem of IR by launching a new investment framework with sharing of equity contribution with the State Governments and ensuring cost neutrality on operations; detailed policy in 4 months.
      • Partnership with State Governments of Gujarat, Telengana, Karnataka, Kerala and Tamil Nadu for developing suburban sections in Ahmedabad, Hyderabad, Bengaluru, Thiruvananthapuram and Chennai, respectively by deploying innovative financing mechanisms.

      Q Are there any measures for Women?

      • To make available of children’s menu items on trains.
      • Baby foods, hot milk and hot water to be made available on stations
      • Changing boards for babies would be provided in train toilets.
      • CCTV cameras would continue to be installed in coaches
      • Sub-quota in allotment of stalls
      • Encouragement to self-help groups to supply food on trains

      Q. Are there any measures for youth?

      • Open up IR to 100 students across Engineering and MBA schools for 2-6 months’ internships each year.
      • Wi-Fi at 400 stations in next two years
      • ₹ 50 crore earmarked for Innovation Fund for encouraging innovations and start-ups.

      Q. Are there any measures for journalists?

      • E-booking of tickets on the concessional passes available to them

      Q What is there for the North East & J&K?

      • States of Mizoram and Manipur will come on the Broad Gauge map of the country with commissioning of the Kathakal-Bhairabi and Arunachal-Jiribam Gauge Conversion projects.
      • Decongestion work on the Jalandhar- Jammu line, an important link to the valley, is going on in full swing. Doubling of two bridges will be commissioned by March 2016, while the other two bridges will be completed by 2016-17.

      Q What are the provisions for Technology?

      • Integrating various facilities into two mobile apps - one dealing with all ticketing issues and the other for receipt and redressal of complaints and suggestions.
      • Physical progress on DFC to be monitored in 2016-17 using latest drone and Geo Spatial based satellite technology
      • Initiated system wide integration of IT programs/systems, both horizontal and vertical, akin to an ERP through innovative partnership models.
      • Process leading to award of tenders electronically to be rolled out on a Pan-India basis in 2016-17.

      Q Is there anything related to innovation and startups?

      • Setting aside a sum of ₹ 50 crore for innovation grants to employees, startups and growth oriented small businesses
      • Innovation labs to be set up in workshops and production units to support creative innovation by locals and staff.
      • Annual innovation challenge
      • To develop a Test Track for testing prototypes.

      Q What is there for State Governments?

      • Creation of Joint Ventures with State Governments for undertaking rail based projects. Received in principle approval from 17 states, out of which 6 MOUs have already been signed.
      • 44 new line, gauge conversion and doubling projects proposed in partnership mode

      Q How are resources proposed to be mobilized?

      • LIC has agreed to invest ₹ 1.5 lakh crore over five years on extremely favourable terms.
      • Looking forward to setting up a Fund with multilateral assistance for financing railway projects.
      • Non fare revenues
      • Station redevelopment will help monetize land and buildings through commercial exploitation of vacant land and space rights over station buildings.
      • Monetizing land along tracks
      • Monetizing soft assets such as data, software and some of the free services such as PNR enquiry, e-commerce activities on IRCTC website.
      • Target to increase the advertising revenues by more than 4 times the current revenues.
      • To liberalize the current parcel policies including opening the sector to container train operators
      • Expanding our service offerings specially to growing sectors such as e-commerce.
      • Pilot project for online booking of parcels.
      • Revenues from manufacturing activity of production units and workshops for domestic and international market; revenue targeted at ₹ 4,000 crore by 2020.

      Q Make in India

      • After agreement for setting up two loco factories in India with an order book of about ₹ 40,000 crore, a similar bid process started for train sets for Rajdhani and Shatabdi services; current procurement to be increased by 30%.
      • Production units and workshops to aim at generating annualised revenues of about ₹ 4,000 crore by 2020 through manufacturing products for domestic and international markets.

      Q Is there anything special for the passenger services?

      For the unreserved passenger

      • Antyodaya Express, a long-distance, fully unreserved, superfast train service, to be operated on dense routes.
      • Addition of two to four Deen Dayalu coaches in some long distance trains with facility for potable drinking water and a higher number of mobile charging points.
      • For the reserved passenger
      • Humsafar would be fully air-conditioned third AC service with an optional service for meals.
      • Tejas will showcase the future of train travel in India. Operating at speeds of 130 kmph and above, it will offer onboard entertainment, local cuisine, Wi-Fi, etc.
      • Overnight double-decker, Utkrisht Double-Decker Air-conditioned Yatri (UDAY) Express on the busiest routes.
      • Modern coaches
      • Designing coaches to ensure higher carrying capacity and automatic doors, bar-code readers, bio-vacuum toilets, water-level indicators, accessible dustbins, ergonomic seating, improved aesthetics, vending machines, entertainment screens, LED lit boards for advertising, PA system.

      Q Have any social initiatives been announced?

      • IRCTC has begun the process of empanelling Self-help groups for providing catering/cooking services.
      • Partnering with NABARD to provide support and access to our IRCTC website to ensure extensive e- marketing for products produced by the Self-help groups.
      • Partnered with Khadi and Village Industries Commission to support creation of employment and self-reliance in rural India resulting in the generation of 17 lakh man days; will continue to partner with them
      • Will encourage sourcing of products from SC/ST entrepreneurs.

      Q Are there any measures related to tourism?

      • Partner with the State Governments for operating tourist circuit trains and explore the possibility of a revenue sharing model.
      • Recently upgraded our National Rail Museum; promotion of tourism through Railway museums and UNESCO world heritage Railways
      • To spread awareness about our National Animal, the Tiger, we will offer complete packages including train journey, safaris and accommodation to cover the wildlife circuit comprising Kanha, Pench and Bandhavgarh.

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