New Delhi, India (Urban Transport News): Finance Minister Nirmala Sitharaman's Budget speech on July 23 has left the Indian Railways community disheartened with its lack of significant announcements for the sector. Contrary to expectations, the Finance Minister only briefly mentioned Railways in her address. She emphasized the importance of infrastructure development in specific regions under the Andhra Pradesh Reorganization Act, including provisions for water, power, railways, and roads in key industrial corridors. However, stakeholders were hopeful for more substantial announcements to boost capital expenditure, integrate technology, and enhance safety measures. Moving forward, there is a strong call from the industry to prioritize the timely development of economic corridors and strengthen safety protocols to prevent accidents.
Railway Budget Allocation
The Union Budget for 2023-2024 allocated Rs 2.40 lakh crore to Indian Railways, marking a substantial 75% increase from the previous fiscal year's allocation. In the Interim Budget 2024-2025, this allocation was further increased to Rs 2.52 lakh crore, highlighting the government's continued investment in railway infrastructure.
Introduction of Vande Metro Trainset Coaches
Indian Railways is set to introduce Vande Metro trainset coaches equipped with advanced features aimed at enhancing passenger safety and comfort. These coaches will feature wider gangways, automatic sliding doors, CCTV surveillance, route map indicators, passenger information systems, infotainment options, fire detection, and aerosol-based fire suppression systems. The integration of centrally controlled doors and CCTV cameras aims to bolster passenger security, while modern amenities like infotainment and route maps promise to elevate the travel experience. The introduction of these technologically advanced coaches is expected to redefine rail travel standards upon their anticipated debut next year.
Integration of Mumbai-Ahmedabad Bullet Train with Urban Transport
The Railway Budget underscores a strategic focus on integrating high-speed rail networks with urban transport systems across major cities. This initiative aims to improve last-mile connectivity, reduce congestion, and promote sustainable urban mobility. Investments in metro extensions, feeder services, and intermodal hubs are poised to transform urban transportation landscapes, offering commuters efficient and seamless travel options.
Key Announcements from the Interim Railway Budget
During the presentation of the Interim Budget 2024-25, FM Nirmala Sitharaman unveiled plans for three significant economic corridor projects focusing on the transportation of energy, cement, and minerals. The budget also outlined extensions for crucial rail infrastructure projects such as Metro Rail and Namo Bharat to additional cities. Sitharaman highlighted plans to convert 40,000 Indian Railways bogies into Vande Bharat standard coaches and expand Metro Rail and Namo Bharat networks in major urban centers.
Initiative to Enhance Railway Safety Measures
Addressing safety concerns remains a top priority in the Railway Budget, with proposed measures aimed at reducing train accidents. Investments in advanced signaling systems, rigorous track maintenance, and comprehensive training programs for railway personnel are part of the strategy. The overarching goal is to bolster safety protocols across the railway network, ensuring passengers a secure and reliable travel experience. By prioritizing safety enhancements, the Railway Budget aims to inspire confidence among passengers and underscore their well-being during train journeys.
Conclusion
The Railway Budget 2024, as presented by Finance Minister Nirmala Sitharaman, reflects a measured approach towards railway sector developments. While the budget saw substantial allocations and advancements in certain areas like technological integration and safety measures, stakeholders within the railway industry expressed a desire for more pronounced initiatives to spur growth and modernization. As the sector awaits further detailed plans and implementations, the focus remains on achieving comprehensive infrastructure improvements and enhancing safety standards across the network.