For the first time, Indian Railways have thrown open the proposed CST-Panvel high-speed corridor to foreign direct investment. The proposed project is estimated to cost around 14000 crore and will connect south Mumbai to the proposed international airport in Navi Mumbai.The project is to be completed on a Design, Build, Finance, Operate and Transfer basis. While railway board rules allows a foreign investor to put in 100 per cent FDI, the railways are willing to chip in up to 20% the project cost by way of viability gap funding.
The CST Panvel High Speed Corridor is a proposed elevated suburban rail corridor on the Harbour Line of the Mumbai Suburban Railway for air-conditioned EMUs (Electrical Multiple Units). This was proposed in the 2009-10 Railway Budget.The 48.3 km long corridor will be elevated for 31.6 km of the route and will be at grade for 12.4 km, where it will run parallel to existing lines. The corridor will also require the construction of a 4.3 km bridge over Thane Creek.
Prime Minister Narendra Modi announced 28000 cr package for the Northeast, for establishing 14 new railway lines in the region and for developing the tourism potential of the area. He is on a visit to the region, the first as Prime Minister.“So many tourists are coming here from other parts of the country and abroad. This is the best destination for tourists. But for that we require connectivity. Unless we have road connectivity, rail connectivity, air connectivity, it is very difficult to develop tourism. That is why for the development of this area and for the development of tourism, Rs 28,000 crore will be provided for a new railway-line project and 14 new railway lines”, he said.
A seminar on “High and Semi-High Speed, Multimodal Stations – Infrastructure and Financing” was conducted in in New Delhi on November 24, 0214 as a collective Indo-French effort. This seminar aims to expand the scope of Indo-French cooperation in the railways sector.Mr Arunendra Kumar, Chairman of the Railway Board, Member Engineering Railway Board Shri VK Gupta were among those present on the occasion. The Hon’ble minister invited more cooperation between the two nations, and invited collaboration from France on Indian Railways.
Union Railway Minister D.V. Sadananda Gowda presented his maiden Railway Budget in Parliament on 8th July 2014. The focus is on infrastructure and he announced 58 new trains including 5 new Jansadharans, 5 premium trains, 6 AC express, 27 express trains, 8 passenger trains, 2 MEMU trains and 5 DEMUs.
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Tatkal is an Indian Railways scheme for reserving a ticket at very short notice. These tickets can be booked over counter and on the internet.The tatkal charges have been fixed as a percentage of fare at the rate of 10% of basic fare for second class and 30% of basic fare for all other classes subject to a minimum and maximum.
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Railways announced a partial rollback on the fare hikes on 24 June. In a press release on Tuesday, the Railways said there shall be no increase in second class suburban ordinary fare for a distance upto 80km. The Railways also gave some relief to season ticket holders by reverting to 15 the number of trips for which they will have to pay for travelling unlimited times in a month.Under the revised order today, the increase in the fares of monthly season tickets for upto 5 km will come down by Rs 50 from Rs 150 to Rs 100 as compared to the June 20 revision. For a distance upto 150 km, the benefit will be Rs 520 as compared to the proposed hike announced on June 20. –
Each passenger is allowed a free allowance up to which he/she can carry luggage with him/her in the compartment, free of cost. The free allowance varies for different classes of travel. Children aged 5 and below 12 years are allowed half of the free allowance subject to the maximum of 50 Kgs. You are also permitted a marginal allowance. Passengers are allowed to book and carry excess luggage beyond the free allowance with them in the compartment up to the maximum limit as per class mentioned below on payment of charge at 1.5 times of luggage rate.(Luggage rate table for distance/weight is available from Indian Railways.)
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Railway minister Sadananda Gowda announced increasing passenger fares 14.62 per cent and freight rates 6.47 per cent effective from 25th June. Season tickets charges will double as well under the new rules. The revised fares will also apply to tickets issued in advance for journeys to commence on or after 25.06.2014.In the case of tickets already issued at pre-revised rates, the difference in fares and other charges on or after 25.06.2014 will be recovered either by TTEs on the trains or by the Booking/Reservation Offices before the commencement of journey by passengers.
In nutshell, following are the changes to be effective from 25th June 2014.
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You are advised to cancel your reserved tickets 48 hours before the departure of the train, for minimum loss. Refunds are explained below.
Refund of fare shall be made on every such ticket after deducting the clerkage.
- The ticket shall be presented for cancellation within three hours of issue of ticket.
- In case of tickets issued in advance the ticket is presented upto 2400 (12 midnight) hours of the day preceding the day of journey
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Indian Railways offers various concession schemes to eligible travelers. Students on study tours, patients suffering from various ailments like cancer, heart ailments and AIDS, war widows and so on are eligible for concession along with school and college going students for their daily travels. A form needs to be filled with relevant signature and seal from medical professional etc for availing the concession.The corresponding forms can be downloaded from the Indian Railways website.
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