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<keyword id="20018917" type="General" weightage="20" keywordseo="Capital-expenditure" source="keywords">Capital expenditure</keyword> on the <keyword id="19914937" type="General" weightage="20" keywordseo="Railways" source="keywords">Railways</keyword> has increased by 77 per cent over the past five years with significant investments in the construction of <keyword id="22505706" type="General" weightage="20" keywordseo="new-lines" source="keywords">new lines</keyword>, <keyword id="20375816" type="General" weightage="20" keywordseo="gauge-conversion" source="keywords">gauge conversion</keyword> and doubling, the <keyword id="20613906" type="General" weightage="100" keywordseo="Economic-Survey" source="keywords">Economic Survey</keyword> 2023-24 said on Monday. According to the survey tabled in Parliament by Finance Minister <keyword id="19916618" type="General" weightage="20" keywordseo="nirmala-sitharaman" source="keywords">Nirmala Sitharaman</keyword>, in the financial year 2019-2020, the capital expenditure was 1.48 lakh crore which was increased to ₹2.62 lakh crore in 2023-24. "<keyword id="19909154" type="General" weightage="20" keywordseo="Indian-Railways" source="keywords" meta.keywordsubtype="org" meta.entityname="Indian Railways" meta.hostid="346" meta.entityid="Indian Railways">Indian Railways</keyword>, with over 68,584 route km (as of March 31, 2024) and 12.54 lakh employees (as of April 1, 2024), is the fourth largest network in the world under single management," the survey said. Highlighting the initiatives taken by the Railway Ministry for the enhancement of operations and services, the survey mentioned Amrit Bharat Station Scheme, Mumbai-Ahmedabad High Speed Rail (MAHSR) project and Dedicated Freight Corridors (DFCs) with the progress made in these respective <keyword id="19900581" type="General" weightage="20" keywordseo="projects" source="keywords">projects</keyword>. According to the survey, Amrit Bharat Station Scheme, launched in August 2023 for development of stations on a continuous basis, involves preparation of master plans and its phased implementation to improve amenities, building improvements, multimodal integration, and sustainability. It said that 1,324 stations have been identified for upgradation so far. Talking about another initiative, Mumbai-Ahmedabad High Speed Rail (MAHSR) project, the survey said that under this 508-km project, executed with cooperation from the government of Japan, land acquisition and civil conduct award have been completed. "Overall physical progress of 41.7 per cent has been achieved and financial expenditure of ₹59,291 crore was incurred until 31st March, 2024," the survey said. "Two DFCs are under implementation namely the eastern DFC with route length of 1,337 kilometre and the western DFC with route length of 1,506 kilometre," it added. It further stated that by the end of FY24, 96.1 per cent of the total DFC route length has been completed. Highlighting other major achievements, the survey said that the Railways achieved its highest-ever production for both locomotives and wagons in FY24. "Fifty one pairs of <keyword id="19922877" type="General" weightage="20" keywordseo="vande-bharat" source="keywords">Vande Bharat</keyword> have been introduced until March 2024. The fast pace of infrastructure augmentation has been the result of a substantial increase in financial allocation along with close project monitoring and regular follow-up with stakeholders for expeditious land acquisition and clearances," the survey said. It added, "High-speed, long-distance Vande sleeper trainset coaches having features like quick acceleration, diffused lighting, automatic doors and global positioning system-based passenger information system are under development." According to the survey, the Railways is also planning to introduce Vande metro trainset coaches with features such as sealed wider gangways, centrally controlled automatic sliding doors, CCTVs for safety and surveillance, route map indicator, passenger information and infotainment system, fire detection system and aerosol-based fire suppression system. "The first lot is expected to be turned out in FY25," it said. "Railways has taken several initiatives for providing a clean environment in and around railway stations and trains, such as replacement of conventional toilets with bio-toilets on coaches leading to clean tracks, segregation of bio-degradable/non bio-degradable waste, solid waste management and discouraging use of single use plastic," the survey added.

Capital expenditure on Railways increased by 77% over 5 years: Economic Survey

<ul><li>A total of ₹ 32,000 crore will be paid to the winning bidder over a period of 35 years for the maintenance of these trains.</li><li>The financial bids will be opened in the next 45 days.</li><li>The <keyword id="46754" type="General" weightage="100" keywordseo="vande" source="Orion">Vande</keyword> Bharat trains are expected to be a big upgrade from the premium Rajdhani Express service. </li></ul> State-run Bharat Heavy Electricals Ltd (BHEL) has formed a consortium with <keyword id="112351" type="General" weightage="50" keywordseo="titagarh-wagons" source="Orion">Titagarh Wagons</keyword> and is among five entities which have bid for the mega ₹ 58,000 crore contract to manufacture 200 Vande Bharat trains and maintaining them for the next 35 years. Other players in the fray include French railway major Alstom; Medha-Stadler consortium between Swiss railway rolling stock manufacturer <keyword id="6793633" type="General" weightage="50" keywordseo="stadler-rail" source="Orion">Stadler Rail</keyword> and Hyderabad-based Media Servo Drives; Siemens along with BEML, and Russian rolling stock manufacturer <keyword id="6632056" type="General" weightage="50" keywordseo="transmashholding" source="Orion">Transmashholding</keyword> (TMH) along with an Indian firm. Officials said while ₹ 26,000 crore is the upfront payment on the delivery of the trains, ₹ 32,000 crore will be paid to the winning bidder over a period of 35 years for the maintenance of these trains. The <keyword id="6355455" type="General" weightage="50" keywordseo="indian-railways" source="Orion">Indian Railways</keyword> is now evaluating technical bids for the contract. The financial bids will be opened in the next 45 days. According to the tender document, the successful bidder has to produce a prototype of the sleeper class for Vande Bharat trains within 24 months. The Indian Railways is targeting to roll out the first sleeper version of Vande Bharat train by the first quarter of 2024. Till now, the railways has awarded contracts for manufacture of 102 Vande Bharat trains which are all chair car. The Vande Bharat trains are expected to be a big upgrade from the premium Rajdhani Express service. The sleeper class-version of these trains will be run on the routes to cover overnight rail journey like New Delhi-Patna, New Delhi-Lucknow and others. After four years of intensive work and planning, country's first and the second Vande Bharat trains as electric multiple units at semi-high speed, were flagged off by Prime Minister <keyword id="6354477" type="General" weightage="50" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> in 2019 on the New Delhi-Varanasi and New Delhi-Katra in J&amp;K routes. The first VB train was flagged on the New Delhi-Varanasi route and the second one was on New Dehi-Katra route to provide fast rail transportation from the national capital to these pilgrim cities. The railway ministry is also working towards exporting these trains by 2026 to cover the international markets of South Africa and European countries. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/long-covid-linked-with-increased-body-weight-study/articleshow/95906210.cms">Long Covid linked with increased body weight : Study</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/indias-mfg-pmi-hits-3-month-high-in-nov-amid-expansion-in-production-slowdown-in-inflation-sp/articleshow/95905921.cms">India's mfg PMI hits 3-month high in Nov amid expansion in production, slowdown in inflation: S&amp;P</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/wipro-infrastructure-engineering-acquires-pune-based-linecraft-ai-for-an-undisclosed-sum/articleshow/95905792.cms">Wipro Infrastructure Engineering acquires Pune-based Linecraft.ai for an undisclosed sum</a>

BHEL among 5 bidders for Rs 58,000 cr deal to manufacture, maintain 200 Vande Bharat trains

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Capital expenditure on Railways increased by 77% over 5 years: Economic Survey

PTI

BHEL among 5 bidders for Rs 58,000 cr deal to manufacture, maintain 200 Vande Bharat trains

PTI

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