All possible efforts will be made to start manufacturing aluminum and stainless wagons also in 2006-07 to improve the payload to tare weight ratio.ĩ. Regular production of the new wagons, with payload to tare weight ratio of even better than 3:1, will start from 2007-08. Prototypes of these wagons will be developed in the coming year and trials will be completed. Commodities like coal can be loaded up to 70 tonnes in these new wagons. RDSO is designing new high capacity wagons. It is not possible to load our covered and open wagons beyond 64 tonnes, except with certain heavy commodities. While the Railways modernized their locomotives and coaches in nineties, wagons presently deployed still use the technology of the eighties. Wagons are Railways' revenue earning assets. The technological upgradation in every field of Railway working will be given the utmost priority so that the reliability of services can be improved to gain customers' confidence and also bring down the operating and maintenance costs.Ĩ. Technological Upgradation and Modernisationħ. 11,280 cr and the operating ratio is expected to improve to 83.7%. Fund balances would be at a record level of Rs. Even after setting aside the effect of the accounting changes mentioned earlier, this amount would be Rs. According to the Revised Estimates of the current year, Indian Railways' internal resources before dividend, would reach a historic level of Rs. As a result of these changes in the accounting system, an improvement of around 3% is also reflected in the operating ratio.Ħ. 416 cr lesser as compared to the Budget Estimates. Overall, Revised Estimate of Ordinary Working Expenses has been kept at Rs. These changes in the accounting system have effected a reduction of Rs. As mentioned in my speech last year, to bring in more transparency and better accounting practices, necessary changes in accounting system have been made to reflect expenditure on lease charges accordingly, with necessary approval. Lease charges paid for rolling stock taken on financial lease have till now been shown as operating expenditure, without segregating interest and principal repayment component. 1,200 cr, mainly due to post-budgetary increase in fuel prices. Ordinary Working Expenses are likely to increase by Rs. 54,600 cr, which are higher as compared to the previous year and Budget Estimates of the current year by 16 % and 7%, respectively.ĥ. Gross Traffic Revenues are expected to be Rs. According to Revised Estimates, Passenger Earnings, Other Coaching earnings and Sundry Other earnings are likely to register growths of 7%, 19% and 56%, respectively. Sir, I not only hope but firmly believe that we would surpass the Tenth Five Year Plan's incremental target of 63 billion tkm for freight business by over 200%.Ĥ. Tenth Plan targets of 624 mt loading and 396 billion tonne kilometers have been surpassed one year in advance.
Thus, Railways would achieve incremental freight loading of 111 mt in two years itself, which will be 133% higher as compared to the incremental loading of 83 mt of entire Ninth Five Year Plan period. The Railway Budget 2006-07: Complete Coverage Based on the trends up to now, the freight loading target is being increased from 635 mt to 668 mt and the goods revenues target from Rs. The growth in freight loading is 10% and in freight revenues it is over 18%. Sir, I take pride in informing this House that in the first nine months of the year 2005-06, the Railways' output has been record breaking. Jis taraph bhi chal padenge, rastaa ban jayega."ģ. "Hum bhi dariya hai, apnaa hunar hame maloom hai,
Therefore, instead of following the beaten path, we decided to tread a new one. In my view, improvements can only be brought about by raising the quality of services, reducing unit costs and sharing the resultant gain with customers. Sir, the general perception so far has been that Railways' finances cannot be improved without increasing second class passenger fares.
This has been the result of the acumen, devotion and determination of lakhs of railwaymen. Sir, the whole nation can see today that track is the same, railwaymen are the same but the image of Indian Railways is aglow.
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