Page 8 - MASTER IN BUDGET
P. 8
Haridwar, Mathura, Nagapattinam, Nanded, Nasik, goods sheds will be developed by TRANSLOC, the
Pali, Parasnath, Puri, Tirupati, Vailankanni, Varanasi Transport Logistics Company of India, in 2016-17. To
and Vasco; also intend to run Aastha circuit trains to soon inaugurate India’s irst rail auto hub in Chennai.
connect important pilgrim centres. Encourage development of cold storage facilities on
# Porters- intend providing them with new uniforms vacant land near freight terminals. Local farmers and
and train them in soft skills, henceforth, to be called isherman would be given preferential usage of the
sahayak. facility. A policy in this regard would be issued in the
# High Speed Rail: passenger corridor from next 3 months.
Ahmedabad to Mumbai being undertaken with the Nurturing customers - will appoint Key Customer
assistance of the Government of Japan. SPV for Managers to liaison with our major freight stakeholders;
implementing high speed projects will be registered each Zonal Railway will develop customer commitment
this month. Prime beneit would be providing IR with charter indicating service level commitments of IR, will
technology advancements and new manufacturing explore the feasibility of opening up leasing of general
capability. purpose wagons.
# Entertainment: propose to invite FM Radio stations Non fare revenues
for providing train borne entertainment; extend ‘Rail # Station redevelopment; monetizing land along
Bandhu’ to all reserved classes of travelers and in all tracks; monetizing soft assets – website, data, etc;
regional languages. advertising – in 2016-17 target 4 times the revenue
Passenger trafic - Suburban trafic: in-principle of 2015-16; overhaul of parcel business - liberalize
approval for MUTP III received. Early award of tenders the current parcel policies including opening the
for elevated suburban corridors between Churchgate- sector to container train operators; revenues from
Virar and between CSTM-Panvel; revive Ring Railway manufacturing activity - by 2020, aim at generating
system in Delhi; launching a new investment framework annualised revenues of about Rs 4,000 crore.
for developing suburban systems in partnership with State Process Improvements
Governments, development in Ahmedabad, Bangaluru, # EPC projects standard document inalized, will
Hyderabad Chennai and Thiruvananthapuram on the implement at least 20 projects through this mode in
anvil. 2016-17; by 2017-18, endeavour to award all works
Winning back the lost modal share valuing above Rs. 300 crore through EPC contracts.
Expanding the freight basket of IR - to start time- # Performance output parameters based contracts
tabled freight container, parcel and special commodity - to review service contracts to integrate them and
trains on a pilot basis, container sector would be opened make them simpler and outcome focused.
to all trafic barring coal, speciied mineral ores and part- # Leveraging technology for project management-
loads during the non-peak season. All existing terminals/ intend to use the latest drone and Geo Spatial based
sheds would be granted access to container trafic, where satellite technology for remotely reviewing the physical
considered feasible. progress across major projects; monitoring of DFC to
Rationalising the tariff structure – undertake review be operationalised through this mode in 2016-17.
of tariff policy to evolve a competitive rate structure vis # System-wide Information Technology integration
a vis other modes, permit multi-point loading/unloading - initiated system wide integration, both horizontal
and apply differentiated tariffs to increase utilization of and vertical, akin to an ERP through innovative
alternate routes, explore possibility of signing long term partnership models.
tariff contracts with our key freight customers using pre- Rail Development Authority
determined price escalation principles. # To enable fair pricing of services, promote
Building terminal capacity - proposed to develop Rail competition, protect customer interests and
side logistics parks and warehousing in PPP mode, 10
@Mahendra’s 8 MASTER IN BUDGET 2016-17
Pali, Parasnath, Puri, Tirupati, Vailankanni, Varanasi Transport Logistics Company of India, in 2016-17. To
and Vasco; also intend to run Aastha circuit trains to soon inaugurate India’s irst rail auto hub in Chennai.
connect important pilgrim centres. Encourage development of cold storage facilities on
# Porters- intend providing them with new uniforms vacant land near freight terminals. Local farmers and
and train them in soft skills, henceforth, to be called isherman would be given preferential usage of the
sahayak. facility. A policy in this regard would be issued in the
# High Speed Rail: passenger corridor from next 3 months.
Ahmedabad to Mumbai being undertaken with the Nurturing customers - will appoint Key Customer
assistance of the Government of Japan. SPV for Managers to liaison with our major freight stakeholders;
implementing high speed projects will be registered each Zonal Railway will develop customer commitment
this month. Prime beneit would be providing IR with charter indicating service level commitments of IR, will
technology advancements and new manufacturing explore the feasibility of opening up leasing of general
capability. purpose wagons.
# Entertainment: propose to invite FM Radio stations Non fare revenues
for providing train borne entertainment; extend ‘Rail # Station redevelopment; monetizing land along
Bandhu’ to all reserved classes of travelers and in all tracks; monetizing soft assets – website, data, etc;
regional languages. advertising – in 2016-17 target 4 times the revenue
Passenger trafic - Suburban trafic: in-principle of 2015-16; overhaul of parcel business - liberalize
approval for MUTP III received. Early award of tenders the current parcel policies including opening the
for elevated suburban corridors between Churchgate- sector to container train operators; revenues from
Virar and between CSTM-Panvel; revive Ring Railway manufacturing activity - by 2020, aim at generating
system in Delhi; launching a new investment framework annualised revenues of about Rs 4,000 crore.
for developing suburban systems in partnership with State Process Improvements
Governments, development in Ahmedabad, Bangaluru, # EPC projects standard document inalized, will
Hyderabad Chennai and Thiruvananthapuram on the implement at least 20 projects through this mode in
anvil. 2016-17; by 2017-18, endeavour to award all works
Winning back the lost modal share valuing above Rs. 300 crore through EPC contracts.
Expanding the freight basket of IR - to start time- # Performance output parameters based contracts
tabled freight container, parcel and special commodity - to review service contracts to integrate them and
trains on a pilot basis, container sector would be opened make them simpler and outcome focused.
to all trafic barring coal, speciied mineral ores and part- # Leveraging technology for project management-
loads during the non-peak season. All existing terminals/ intend to use the latest drone and Geo Spatial based
sheds would be granted access to container trafic, where satellite technology for remotely reviewing the physical
considered feasible. progress across major projects; monitoring of DFC to
Rationalising the tariff structure – undertake review be operationalised through this mode in 2016-17.
of tariff policy to evolve a competitive rate structure vis # System-wide Information Technology integration
a vis other modes, permit multi-point loading/unloading - initiated system wide integration, both horizontal
and apply differentiated tariffs to increase utilization of and vertical, akin to an ERP through innovative
alternate routes, explore possibility of signing long term partnership models.
tariff contracts with our key freight customers using pre- Rail Development Authority
determined price escalation principles. # To enable fair pricing of services, promote
Building terminal capacity - proposed to develop Rail competition, protect customer interests and
side logistics parks and warehousing in PPP mode, 10
@Mahendra’s 8 MASTER IN BUDGET 2016-17
