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Showing posts with label Feb 2016. Show all posts
Showing posts with label Feb 2016. Show all posts

Feb 26, 2016

[CA - Notes] Feb 21 - 25, 2016 Events


Feb 21 – 25, 2016 Events

INDIA
·        Prime Minister, Mr. Narendra Modi launched the National Rurban Mission from Kurubhat, in Rajnandgaon district of Chhattisgarh;  described the Rurban Mission as one which would enable cluster based development – with a “rural soul and urban amenities.” [ Click More for Details]
·        Ministry of Urban Development has been informed that SPVs for the implementation of Smart City plans have been set up for Jabalpur, Indore and Bhopal in Madhya Pradesh and Jaipur and Udaipur in Rajasthan
·        Minister for Food Processing Industries, Mr. Harsimrat Kaur Badal inaugurated the India Pavilion at Gulf Food 2016, Dubai
·        Prime Minister, Mr. Narendra Modi inaugurated the Centenary Celebrations of the Gaudiya Mission and Math in Kolkata.
·        Hindi is a regional language and it should not be imposed on others: National Award-winning filmmaker Adoor Gopalakrishnan
·        Centre appointed a committee under the head of Union Parlimentary Minister, Mr. Venkaiah Naidu to intervene in Jat quota issue in the State of Haryana
·        Train hostess in Indian Railway; to be introduced on the soon-to-be launched Delhi - Agra Gatimaan Express (India's fastest rain @ 160 km/hr)
·        As a part of the LIGO - India project announced recently, a research lab is scheduled to be setup at the new IIT Madras Research Campus at Vandalur, Chennai [LIGO: Laser Interferometer Gravitation - wave Observatory]
·        Government launched Swachh Paryatan App (on Feb 22, 2016); can be used at 25 Heritage places across India (Thanjavur Temple, Shore Temple Mahabalipuram, Konark Temple, Red Fort etc)
·        India is the world's largest buyer of weapons: Stockholm International Peace Research Institute
·        Union Urban Development Minister, Mr. M. Venkaiah Naidu asked the first batch of 20 cities selected in the first round of competition to launch respective smart city projects by 25th of June this year marking the one year of launch of the Mission by Prime Minister last year
·        Annual Conference of the State Minorities Commission held in New Delhi on Feb 24, 2016
·        Ministry of Environment, Forest and Climate Change held the ninth meeting of the National Steering Committee on Climate Change (NSCCC)
·        Election Commission of India (ECI) hosted the 4th Executive Board meeting of the Association of World Election Bodies (A-WEB) in New Delhi; A-WEB is a comparatively young organisation, launched in October 2013

·        Bihar joins UDAY scheme; sixth state to sign MoU; UDAY - Ujwal DISCOM Assurance Yojana
·        Union Minister of Water Resources, River Development and Ganga Rejuvenation, Ms. Uma Bharti has called for time bound implementation mechanism for 46 schemes under Pradhan Mantri Krishi Sichai Yaojna (PMKSY)
·        Union Minister for Health & Family Welfare, Mr. J.P. Nadda launched the logo for “Antibiotics: Use with Care” at the inauguration of the International Conference on Combating Anti-microbial Resistance: Public Health Challenge and Priority, in New Delhi
·        ECI (Election Commission of India) hosted an International Seminar on “Leveraging Technology for Transparent and Credible Elections”; ECI is currently working on an E-Governance vision 2020 to provide inclusive, integrated single window view of services to all stakeholders in all phases of the electoral cycle using multiple channel of delivery
·        Third Asia Ministerial Conference on Tiger Conservation will be inaugurated by the Prime Minister, Mr. Narendra Modi on April 12, 2016 in New Delhi; 13 countries in this group [1st - 2010 @ Hua Hin, Thailand; 2nd - 2012 @ Thimpu, Bhutan]
·        Debate don't disturb Parliament: President Mr. Pranab Mukherjee
·        Indian Railways has started a new micro-site for latest Railway Budget update and live budget watch
·        National Urban Livelihood Mission (NULM) which is now renamed as “Deen Dayal Antyodaya Yojana-NULM” has been enlarged to the 4,041 statutory urban local bodies by government. (Tamil Nadu is having the highest number of towns (681) to be covered under DAY-NULM)
·        Madhya Pradesh, Tamil Nadu, Rajasthan, Uttar Pradesh and West Bengal are in the forefront of providing shelters for urban homeless under ‘National Urban Livelihoods Mission (NULM)’; NULM has been renamed as ‘DeendayalAntyodayaYojana-NULM’
·        India’s first N-submarine INS Arihant aces deep sea test
·        A committee headed by Prime Minister, Mr. Narendra Modi has has elected ex - CJI H. L. Dattu as next Chairman of the NHRC (National Human Rights Commission)

·        At present 106 districts in 10 States have been identified by the Government of India as Left Wing Extremism (LWE) affected districts in the country
·        Gujarat, Andhra Pradesh, Tamil Nadu, Maharashtra, Goa and Sikkim shown good performance in distribution of Soil Health Card and they are expected to achieve the target by March, 2016: Union Agriculture & Farmers Welfare Minister, Mr. Radha Mohan Singh
·        Ministry of urban development approved the plan for 13 cities in 6 states (Assam, Jammu & Kashmir, Meghalaya, Tripura, Goa and Pondicherry) under AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme for 2015-16;
·        Agitations cannot hold the nation to ransom and be a reason to vandalise public property; organisers will have to pay the cost: Supreme Court
·        Ministry had constituted a Working Group to explore the feasibility for setting up of National Skills Universities across the Country: MoS for Skill Development and Entrepreneurship, Mr. Rajiv Pratap Rudy
·        Unit-2 of Kudankulam Nuclear Power Plant is under commissioning. Various systems and equipment are being commissioned as per commissioning plan: Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in Lok Sabha
·        ISRO is working with Ministry of Urban Development for enabling preparation of large scale GIS database using satellite data for 500 towns under Atal Mission for Rejuvenation and Urban Transformation (AMRUT): Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in Lok Sabha
·        There are 15 Sentinelese tribal people in Andaman & Nicobar Islands: MoS for Tribal Affairs, Mr. Mansukhbhai Dhanjibhai Vasava in Rajya Sabha
·        Union Cabinet was apprised about signing of an arrangement for the establishment of an Indo-French Joint Committee on Science & Technology Cooperation [India and France have signed the arrangement for establishment of this apex level Joint Committee on 25th January 2016 in New Delhi]
·        Union Cabinet has given its approval for introduction of steps for promotion of payments through cards and digital means
·        Union Cabinet has given its approval for establishment of Atal Innovation Mission (AIM) and Self Employment and Talent Utilisation (SETU) in NITI Aayog with appropriate manpower
·        Union Cabinet has given its approval for signing of an Agreement between India and Maldives for the avoidance of double taxation of income from international air transport.
·        Union Cabinet has given its approval to the proposal of the Ministry of Shipping for provision and operationalization of credit of 150 million USD from EXIM Bank for development of Chabahar Port in Iran.
·        Railway Budget 2016-17 presented by Union Railway Minister, Mr. Suresh Prabhu; becomes 43rd Minister to present the Railway Budget; no hike in fares; wi-fi at 100 railway stations; bar coded tickets; clean my coach SMS to be introduced; senior citizens to get 50% per coach; 3 new dedicated freight corridors (Delhi - Chennai; Kharagpur - Mumbai and Kharagpur - Vijayawada); 4 new categories of trains (UDAY, Tejas, Humsafar and Antyodaya); Railway budget strives for the dignity of the poor, honour of the women, enthusiasm of the youth and broadening the smile of the middle class: Prime Minister, Mr. Narendra Modi Click More for Details]
·        e-Tourist Visa (e-TV) facility will be extended to 37 more countries from Feb 26, 2016. The total count of countries under the scheme will become 150. [Government of India had launched the e-TV facility on November 27, 2014]
·        Set up parliamentary panel to look into the situation in various central universities: CPI (M) General Secretary Mr. Sitaram Yechury in Rajya Sabha
·        Government is in the process of framing a New Education Policy (committee headed by T S R Subramanian) or which it has carried out nearly a year-long consultations, which included online, grassroots and national level thematic deliberations on 33 identified themes: Union HRD Minister, Ms. Smriti Irani in Rajya Sabha

BILATERAL ISSUES
·        Seven Agreements / MoUs signed between India and Nepal
·        Belgium is keen to take part in the “Clean Ganga” campaign and in this regard a Belgian mission with companies specialising in sanitation will shortly meet Indian government officials
·        Syed Akbaruddin, the Permanent Representative of India at the U.N, presented India’s position on the HIPPO (High Level Independent Panel on Peace Operations) report to the UN
·        India is not a big brother, it is elder brother of Nepal: External Affairs Minister, Ms. Sushma Swaraj to Nepal Prime Minister, Mr. K. P. Oli
·        IBSAMAR” is a joint naval exercise between India, Brazil and South Africa; this will be the fifth edition of the Harbor Phase of the Exercise to commence from Goa Coast. This is done in two phases namely Harbor phase and Sea Phase.
·        India to extend $1 million in immediate assistance to the Island Nation Fiji after devastating cyclone Winston hits.
·        A delegation of officials from India will visit Colombo on March 4 to hold talks with Sri Lankan officials regarding the proposed Economic and Technology Cooperation Agreement (ETCA)
·        India and UK Institutions sign agreements for Collaboration in Crop Sciences
·        As part of Space Cooperation between India and ASEAN, ISRO, at the behest of Government of India, is working towards the establishment of a Satellite Tracking & Data Reception Station and Data Processing Facility in Vietnam for ASEAN Member countries
·        "Exercise FORCE 18", largest ‘Multinational Field Training Exercise (FTX)’ is being conducted by the Indian Army from 02-08 March 2016 at Pune. The theme of the exercise is Humanitarian Mine Action (HMA) and Peacekeeping Operations (PKO). The maiden multinational exercise ever conducted by ground force on Indian soil will see participation of 18 ASEAN Plus nations including China, USA, Russia, Japan, South Korea.
·        Pakistan resumed the Lahore - Delhi "Dosti" Bus service after the Jat agitation revoked
STATES SCAN
·        Andhra Pradesh: Microsoft CEO Mr. Satya Nadella to figure in Andhra Class 8 text book
·        Arunachal Pradesh: Mr. Kalikho Pul sworn in as Chief Minister; replaced Mr. Nabam Tuki. SC refuses to intervene in the formation of the new government
·        Assam: VVPAT to be introduced in 10 constituencies in 2016 assembly polls
·        Assam: Cabinet approved the detailed project report for a Mass Rapid Transit System (MRTS) at Guwahati
·        Haryana: government to bring a bill for reservation to Jat community under special backward class category
·        Haryana: first state in India to have Aquifer mapping (Aquifer mapping will help in estimating the quantity and quality of groundwater present inside the rock) Click More for Details]
·        Himachal Pradesh: Expressing concern over the situation arising out of outbreak of jaundice in Shimla, Union Health and Family Welfare Minister Mr. J P Nadda urged the state government to take all necessary steps to handle the situation while assuring full support from the Centre in this regard
·        Karnataka: breaking the long silence on his controversial watch that had the opposition gunning for him, Chief Minister Mr. Siddaramaiah announced that it was a "gift" from Dubai based friend; and said he will donate the watch to the government
·        Kerala: Nannambra gram panchayat (grabbed international attention because of hundreds of twins being born) has restricted visitors and media persons to photograph and videograph the twins
·        Kerala: Kasaragod district has been declared as the second zero landless district, after Kannur.
·        Madhya Pradesh: no fee would be charged from Scheduled Castes students in Government colleges from next academic session
·        Maharashtra: a Few environment activists under the leadership of Deepak Naik– chairperson of Maharashtra state Economic development council have formed a committee in Nashik to revive Godavari.
·        Maharashtra: Bubnal Gram Panchayat in Shirol Taluka in southern Maharashtra has become the first all-woman panchayat in the state. All members of the panchayat are women.
·        Mizoram: National Food Security Act (NFSA) 2013 was officially launched on 24 February 2016; The Act will become effective in the state from 1 March 2016
·        Odisha: government launched "Pucca Ghara Yojana" for construction workers in the state
·        Odisha: Justice Vineet Saran was appointed as the Chief Justice of Orissa (Odisha) High Court
·        Uttar Pradesh: political parties eye dalit votes; celebrate Ravidas Jayanti
·        West Bengal: Government announced to constitute two task forces for tribals, Gorkhas
·         
TAMIL NADU
·        Eight dissident DMDK MLAs resigned from the Tamil Nadu Assembly and left party leader Mr. Vijaykant stripped of his status as Leader of the Opposition in the House.
·        For the first time, electricity consumption in the State crossed 14000 MW
·        Chief Minister, Ms. Jayalalithaa thanked the MLAs for unanimously passing the Bill for 50% reservation for women in local bodies
·        Chief Electoral Officer, Mr. Rajesh Lakhoni hold the conference on guide for voters in Braille format in Chennai; for the first time in Indian elections, Braille enabled guidelines is used for blind candidates to do their adult franchise
·        Lakhs take a holy dip on Mahamaham day at Kumbakonam; Kumbakonam Mahamaham referred to as the "Kumbh Mela of the South"
·        NGT grants injunction on drawing water from Ossudu Lake; Ossudu Lake forms boundary between Tamil Nadu and Puducherry; Ossudu Lake also declared as a brid sanctuary
·        6888 solar table lamps for students; Chief Minister, Ms. Jayalalithaa commenced the distribution of lamps
·        Department of forest and Animal Keepers at Arignar Anna Zoological Park has carried out long day census of birds and came to the conclusion that 31 species of birds in Vandalur’s Otteri Lake
·        Elections 2016: Over 62000 persons with disabilities (PwD) have been enrolled as voters across the State - CEO, Mr. Rajesh Lakhoni
·        S. Nalini, life convict in the Rajiv Gandhi assassination case, was granted parrole for 12 hours to pay last rites to her father
·        Red Sanders case: District Sessions court in Tirupati acquits 347 Tamil Nadu persons; out of 351 people arrested by Andhra Police, 4 have died as under trials in the sensational case
·        Tamil Nadu in Railway Budget 2016-17: free wi-fi at 4 railway stations (Chenna Central, Chennai Egmore, Tiruchi and Salem); boost to suburban network; Walajabad, near Chennai will be India's first rail auto hub; Chennai - Delhi freight corridor; 13 new Road over Bridges; 84 Rail under Bridges
·        Railway budget has failed to meet the expectation of the people of Tamil Nadu on the whole: Chief Minister Ms. Jayalalithaa
AROUND THE WORLD
·        Britain Prime Minister, Mr. David Cameron begins campaign to keep Britain in EU
·        Cyclone Winston at Fiji Is
·        USA government secretly agreed to talks with North Korea aimed at formally ending the unrest in Koreas
·        US and Russia enter into a New deal to stop Bloodshed in Syria
·        Pakistan parliament became the first to run entirely on solar power
·        Mr. David Cameron led United Kingdom has been granted “Special Status” in the 28 Nation union. The UK Leader pledged to campaign heart and soul to stay in EU
·        U.S. chocolate maker Mars said it was recalling candy bars and other items in 55 countries in Europe and elsewhere after plastic was found in one of its products
·        Nepal: 23 dead as plane crashes
·        USA: Republican Presidential aspirant, Mr. Donald Trump wins Nevada; his third straight win
·        China: deploys fighter jets in South China Sea; deployed jets in Woody Is in the disputed Paracel Is chain; Woody Is is cliamed by Taiwan and Vietnam
·        China: removed Chinese episode on love between two teenage gay boys (named as "Addiction")
·        China confirmed it would send warships to join a major U.S.-hosted naval drill, even as tension between the world's two largest economies mounts over the South China Sea. [The Rim of the Pacific exercise, known as RIMPAC, is billed as the world's largest international maritime exercise, held every two years in Hawaii in June and July.]
ECONOMICS / BUSINESS WORLD
·        "Zika" effect: Tata Motors renames Zica as Tiago

·        Union Finance Minister, Mr. Arun Jaitley, inaugurated an exhibition on the “Coin and Currency of India”
·        Government to disinvest 5% in NTPC
·        "Kalimark", company turns 100; launched `VIBRO' new brand of paneer ( rose flavoured) soda
·        Private Banks employees should be considered public servant under Prevention of Corruption Act: Supreme Court
·        RBI has extended the currency swap arrangement to SAARC nations till mid November 2017.
·        Google is shutting down Google Compare [Google compare is a website launched in March 2015 that allows handlers to compare offers for Car insurance, credit Cards and mortgages currently available in the UK and the US]
·        RBI cancelled Certificate of Registration of 26 NBFCs
SPORTS CORNER
·        Indonesia men and China women took the honours in the Happening Hyderabad Badminton Asia team championship held at Hyderabad
·        Sulochana Trophy (Volleyball): Uttarakhand won in Men's category and Indian Railways won in women's category
·        The title of Sportsperson of the Year has been conferred upon long-distance runner Lalita Babar for the India Sports Awards 2015.
·        Punjab Warriors defeated Kalinga Lancers to win 2016 Hockey India League or Coal India Hockey India; Rupinder Pal Singh of Delhi Waveriders adjudged as player of the tournament.

·        India bagged 9 medals at the Asian Wrestling Championship held at Bangkok, Thailand; ended at seventh place
·        Bangladesh Cricket captain Mashrafe Bin Mortaza to be UNDP goodwill ambassador
MISCELLANEOUS
PERSONS IN NEWS
·        Mr. K. N. Vyas, distinguished Scientist and Associate Director, Reactor Projects Group of the Bhabha Atomic Research Centre (BARC) took over from Dr. Sekar Basu
·       TERMS
·        CSIR scientists develop technology Ksheer-Scanner to instantaneously detect milk adulteration
·         SUMMITS / EVENTS
·        42nd Khajuraho Dance Festival begun in  Khajuraho, Chhatrapur District in Madhya Pradesh
OTHERS
·        Malayalam film "Ottaal" (The Trap) won a prestigious Crystal Bear award at the Berlin film festival [directed by Jayaraj Rajasekharan, tells the story of a young boy and his grandfather. It is adapted from Anton Chekhov’s story Vanka]
·        Kanavu Variyam, a Tamil movie directed by a Chennai based techie Arun Chidambaram has been selected for the prestigious Remi Award in the US. [This movie also won the Special Jury award from the National Science Film Festival which was organized by Government of India]

·        India third in world in issuing passports after China and USA
·        36-year-old fortnightly Cinema Express comes to an end
·        The rice Bag of India Gate’s Classic Basmati Rice weighing 550 kg has recorded as Heaviest Bag of Rice
·        18th Mercer Quality of Life survey released; Vienna ranked best city for quality of life, Baghdad worst; Among Indian Cities Hyderabad ranked best (at 139th) followed by Pune, Bengaluru, Chennai, Mumbai, Kolkata and New Delhi
·        Rabishield –the first monoclonal antibody drug that is a fast acting anti-rabies vaccine is launched in India. It is developed by Pune-based Serum Institute of India and US-based Mass Biologics of the University of Massachusetts Medical School
BOOKS

·        Book "Chirst Parichay" (written by Ganesh Savarkar , brother of V D Savarkar) re - launched after 70 years; book says that Jesus Christ was a Tamil Hindu; Christian outfits seek ban on the book






Feb 16 - 20 Feb 21 – 25 Feb 26 – 29


Feb 25, 2016

[CA - Notes] Railway Budget 2016 - 17

Railway Budget 2016 – 17: Highlights

Railway Minister Mr. Suresh Prabhu on 25 February 2016 presented the Railway Budget 2016-17 in the Lok Sabha. In his second Rail Budget, Prabhu outlined a capital plan of 121000 crore rupees in 2016-17.  A saving of Rs. 8720 crore rupees for Budget estimates of 2015-16 will be effected in 2016.

Theme of the Budget is Overcoming challenges – Reorganize, Restructure Rejuvenate Indian Railways: ‘Chalo, Milkar Kuch Naya Karen’.
Railway Budget of 2016-17 is based on three pillars and they are Nav Arjan (New Revenues), Nav Manak (New Norms) and New Sanrachna (New Structures).
New Revenues
It exploits new sources of revenue so that every asset, tangible or non-tangible gets optimally monetized.
New Norms
A Zero Budgeting approach to the financials of the ensuring year, improvement in efficiency yardsticks and procurement practices to bring them in line with international best practices
New Structures
Need to re-imagine the conventional ways of solving issues like co-operation, collaboration and communication, creativity and communication to the hallmark of decision-making and actions.
Major Highlights
• Wants to double investment in Railways
• Delay in running of 95% trains will be ended by 2020
• Rail tickets will be available at all places by 2020
• Aimed at increasing speed of passenger train by 80km/hr
• LIC has agreed to invest 1.5 lakh crore rupees over 5 years on extremely favourable terms
• Dedicated freight corridor project gaining momentum. New freight corridors announced: Delhi-Chennai, Kharagpur-Mumbai, Kharagpur-Vijayawada.
• Poised to commission broad gauge lines at the rate of 7 km per day against 4.5 km over last five years
• Plan to generate 9 crore man-days employment by 2017-18 and 14 crore man-days by 2018-19
• Institutional financing will be introduced for funding projects
• Action of 139 Budget announcements on 2015-16 has been initiated
• Aimed at eliminating unmanned level crossings by 2020
• Aimed at generating revenues of order of 184820 crore rupees in 2016, which is 10.1 percent higher than revised target of 2015
• North-East India, especially Mizoram and Manipur, to be connected through broad gauge soon
• To commission 2800 km of new tracks in 2016-17
• Bids for setting up 2 locomotive factories was finalised and the new factories will be set up with an order book of 40000 crore rupees.
Rail Budget History and Important facts
• Indian Railways to surpass ambitious target of commissioning 2500 kms of broad gauge lines, almost 30% higher than last year
• Catering service will be managed by IRCTC in phased manner
• e-ticket facility for foreign debit and credit card holders will be provided
• Cancellation facility through 139 helpline number will be provided
• Journalists to get facility of e-booking of tickets on concessional passes
• Bar-coded tickets will be introduced on pilot basis, this will help to tackle menace of ticketless travel
• Overnight double-decker trains to be introduced on business travel routes
• Long distance superfast train Antyodaya Express for unreserved passengers will be launched
• Fully unreserved superfast trains to be introduced on dense traffic routes
Deen Dayal coaches for long distance trains for unreserved passengers will be introduced
• Full-fledged Railway University will come-up soon
• Railways to increase the quota of lower berths for women and senior citizens
• Bidding for redevelopment of few large and medium stations will be undertaken
• Enhanced capacity of e-ticketing system from 2000 tickets/min to 7,200/min.
• A framework will be formulated where net saving from electrification will be able to finance capital expenditure.
• Wi-Fi will be provided at 400 railway station in 2016-17, as compared to 100 in 2015-16
• 2000 km of electrification proposed for 2016-17
• Chennai will have India's first rail auto hub

• Railway Ministry will partner with Tamil Nadu Government to develop suburban network in Chennai through innovative financing methods
• For suburban rails, Railway Ministry will work with Karnataka Government
Ring Railway to be redeveloped in partnership with the Delhi government.
• FM radio stations will be invited to provide train borne entertainment via PA systems
Rail Bandhu magazine will be published in all regional languages
• GPS-based digital display in coaches for showing upcoming stations will be installed
• Elevated rail corridors from Churchgate to Virar and CST to Panvel are planned
• Coolies have been renamed and will be called 'Sahayaks'
• Children's menu, baby foods, baby boards to be made available for travelling mothers
• IRCTC will make available local cuisine of choice, hygienic food. Local cuisine of choice will be made available to passengers
• All new Railway stations to be built as per Accessible India guidelines
• No hike in railway fares.
• The companies owned by Railways to come under a holding companies
• Two dedicated freight corridors by 2019
• 50 crore rupees kept aside for providing innovation grants to start-ups
• Drones will be used for remote monitoring of ongoing projects
• 33 percent sub-quota for women under all reserved categories

• Advertising revenue to be increased by more than four times in 2016-17

7 Missions

While presenting the budget, Mr. Suresh Prabhakar Prabhu has proposed to transform Indian Railways through seven Mission activities – Avataran. These missions are:

Seven Missions
Mission 25 Tonne
It aims to increase revenue by augmenting carrying capacity. To achieve this 10-20% freight loading will be done through 25-tonne axle-load wagons in 2016-17 and target movement of 70% of freight traffic on high axle load wagons by FY19-20.
Mission Zero Accident
It comprises of two sub missions
Elimination of unmanned level crossings: The goal is eliminate all unmanned level crossings on Broad Gauge in the next 3-4 years through innovative financing mechanisms. It will reduce deaths due to accidents and improve throughput of the network
TCAS (Train Collision Avoidance System): An indigenous technology has been developed to equip 100% of the High Density Network with TCAS in the next 3 years. This will prevent head on collisions and improve throughput by increasing average sectional speeds.
Mission PACE (Procurement and Consumption Efficiency)
This mission aims to improve our procurement and consumption practices to improve the quality of goods and services. It will introduce a culture of optimum usage by adopting practices such as Vendor Managed Inventory, direct procurement of HSD, new procedures for identification and disposal of scrap. Comprehensive review of procurement and consumption of HSD will lead to saving more than Rs 1,500 crore in 2016-17.
Mission Raftaar
It targets doubling of average speeds of freights trains and increasing the average speed of superfast mail/express trains by 25 kmph in the next 5 years. Loco hauled passenger trains will be replaced by DEMU/MEMU over the next five years. It will complement Mission 25 Tonne to increase throughput of the railway system
Mission Hundred
This mission will commission at least a hundred sidings in the next 2 years. The current siding/ PFT policy would be revised to elicit greater private participation. An online portal will be operated for accepting and processing all new applications, alongwith decentralization of powers.
Mission beyond book-keeping
It will establish an accounting system where outcomes can be tracked to inputs. This will transform IR as right accounting would determine right costing and hence right pricing and right outcomes.
Mission Capacity Utilisation
It proposes to prepare a blueprint for making full use of the huge new capacity that will be created through two Dedicated Freight Corridors between Delhi-Mumbai and Delhi-Kolkata scheduled to be commissioned by 2019.