Budget 2019: Allocation for railways’ rolling stock increased by 64%

Budget 2019: Allocation for railways’ rolling stock increased by 64%

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Date of Post: 2 Feb, 2019 

Rail passengers are in for some faster, fancier and state-of-the-art coaches and trains in the coming fiscal with Union Minister Piyush Goyal in his first Budget increased the allocation for railways’ rolling stock by 64%. The railways’ plan of exporting its coaches and be a part of the USD 200 billion rolling stock market worldwide will get a huge impetus by allocation of Rs 6,114.82 crore in the Budget.

More Information:

  • In 2018-19, budgetary allocation in this regard was Rs 3,724.93 crore.
  • Buoyed by the success of the indigenous Train-18 (named recently Vande Bharat Express) which has hit a maximum speed of 180 kmph during trials, the new air-conditioned rakes, rakes for the metros and other such coaches and train sets, the railways has already drawn a blueprint till 2021 to increase production in its factories.
  • If the target set by the railways for its factories – the Modern Coach Factory in Rai Barely, the Integral Coach Factory in Chennai and its factories in Kapurthala and Haldia – is met, then they would have together manufactured almost 15,000 coaches of different kinds in 2019-21, according to officials.
  • These will include-
    • 200 Humsafar coaches
    • 290 Deen Dayalu coaches
    • 40 Antyodya coaches
    • Other coaches for Metros, EMUs and MEMUs
  • Also, the Railways is planning to produce 6 more Train-18s at a cost of Rs 97 crore each.
  • The railways in the next 3 years will manufacture 884 Deen Dayalu – general category coaches, these will have padded seats, water dispensers and bio toilets.
  • It will also manufacture 600 MEMUs, which will replace passenger trains in major cities in the coming years.
  • Goyal, who was given the charge of the finance ministry temporarily recently, presented the Budget 2019-20 in absence of Jaitley, who is away in New York for medical treatment.

To know more about recent developments of Railways –

BHEL wins maiden order for rail electrification for worth Rs 350 crore

Work on 15 New Railway lines costing Rs 50,000 crore underway in north-eastern states

(  Please reach us at editor@railanalysis.com for more information. )

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