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Today (7:04AM)  5 Shares That Could Benefit From the Railway Budget 2015-16 (www.goodreturns.in)
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Rail Budget

News Entry# 214613     
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Posted by: rdb**  96340 news posts  
The Railway Budget has been described by analysts as forward looking and optimistic, though the same issue of funding and execution remain. If projects are implemented then the following companies could benefit and hence their share prices.
1) Kalindee Rail Nirman
Kalindee Rail Nirman is associated with EPC activities for the for Railway Sector on a turnkey basis.
stock
Kalindee Rail Nirman Engineers: Quotes, News
BSE 140.10BSE Quote5 (3.70%)
NSE 140.35NSE Quote5.25 (3.89%)
Titagarh Wagons: Quotes, News
BSE
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640.30BSE Quote58.2 (10.00%)
NSE 640.40NSE Quote58.2 (10.00%)
The company provides solutions in fields of Signaling, Telecommunications, Track and Information Systems.
The Indian Railways is expanding its network covering a rail addition of 9,400 kms and the aggregate cost for this is around Rs 96,000 crores. This is likely to benefit a company like Kalindee Rail Nirman. Though the share dropped sharply by 4 per cent on Thursday, the more long term prospects look encouraging.
2) Kernex Microsystems
Kernex Microsystems provides a host of service and products to to the Railways, including GPS, Radio and navigation technologies. A huge chunk of electrification for the Railways to the tune of almost Rs 6500 crores is likely to benefit Kernex in the years to come. At the current market price of Rs 45 the share is an ideal pick.
3) Titagarh Wagons
Like Kalindee Rail, Titagarh will benefit from rapid network expansion. As mentioned the railways is expanding its network covering a rail addition of 9,400 kms. The aggregate cost for this is around Rs 96,000 crores. Titagarh Wagons which manufactures a range of wagons for the Railways is likely to be a key beneficiary of this expansion.
4) Thomas Cook
Travel Agencies were offered select coaches to tourist destinations in the Railway Budget 2015-16. This could provide a boost to travel and tour operators like Thomas cook. The Thomas cook Stock is currently prices at Rs 146.
5) Indian Hotels
The number of tourism initiatives in the Railway Budget could also provide a boost to major hotel operators like Indian Hotels. While this may not translate into very much, nonetheless, there could be some boost. The Indian Hotels stocks last closed at Rs 109 on the NSE.
Clearly, the Rail Budget 2015-16 has thrown-up a few share buying opportunities.
GoodReturns.in
  
Today (6:56AM)  Railway Budget has Pained Me, Laments Chandrababu (www.newindianexpress.com)
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Rail Budget

News Entry# 214612     
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Posted by: rdb**  96340 news posts  
HYDERABAD: The railway budget, presented by Union railway minister Suresh Prabhu in Parliament on Thursday, disappointed Andhra Pradesh chief minister N Chandrababu Naidu who had pinned all his hopes on it till the other day thinking that the reorganised state would get new railway lines and projects in the budget.
As the very promise of sanctioning of new railway zone for AP as Visakhapatnam its headquarters was not kept in the budget, Naidu said, “I am pained by the way the promise made in the Reorganisation Act that special railway zone would be sanctioned to AP has not been fulfilled in the railway budget.”
“I request the Centre to fulfil the promise at the earliest. It is the assurance given in the Reorganisation Act itself. Hence the Centre should fulfil it,” he
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added.
Speaking to mediapersons here on Thursday, he said as the railway minister had already said that his ministry would propose a supplementary budget in the coming days, he was hopeful that the supplementary budget would address the needs of the reorganised state in all aspects.
“It seems the railway minister focused his attention on strengthening services in the railways in today’s budget and di not mention new railway lines. As there is no mention of new railway lines in AP as promised in the AP Reorganisation Act, I hope the supplementary budget will fulfil the need,” Naidu remarked.
Interestingly, there is a mixed reaction from Naidu’s colleagues on the allocations made to AP in the railway budget.
Naidu’s deputy KE Krishnamurthy said, “Railway budget has disappointed the people of AP in all aspects. Leave alone allotting new projects to AP, the Centre has failed to implement even the promises made to AP in the AP Reorganisation Act.”
He further expressed his displeasure, saying that the Centre was not at all coming to the rescue of cash-starved AP which was facing financial problems post-bifurcation. However, Naidu’s another deputy Nimmakayala Chinna Rajappa said, “As the railway minister promised that the Centre would lend a helping hand to AP in the construction of new railway lines, I am hopeful that all promises made in the Reorganisation Act will be fulfilled in due course.”
BJP minister in Naidu’s cabinet Kaminensi Srinivas, however, hailed the railway budget and said they were hopeful that Narendra Modi’s government would sanction more railway projects to AP in the coming days.
  
Today (6:54AM)  Railway budget-2015 leaves Kashmir business community disappointed (www.greaterkashmir.com)
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Rail Budget

News Entry# 214611     
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Posted by: rdb**  96340 news posts  
The Railway budget 2015-16 has disappointed Kashmir-based business community as their demand for railway coach factory in Jammu and Kashmir has not been met.
Talking to Greater Kashmir, President Federation Chamber of Industry Kashmir (FCIK), Muhammad Ashraf Mir said as usual there is nothing for Kashmir in the railway budget.
"Our long pending demand for a rail coach factory in Jammu and Kashmir has once again been rejected. The budget has not even provided anything for extending the rail network to Kashmir," Mir said, adding that they were hopeful that the budget will provide for extension of railway network to Kashmir.
Pertinently, former chief minister, Omar Abdullah had last year demanded setting up of a rail coach factory in Jammu
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and Kashmir, which according to him would provide much-needed help in overcoming industrial backwardness and economic shortcomings in the state.
"Our neighboring state (Punjab) has been given rail coach factory but we are being discriminated," Mir said.
FCIK while commenting on the budget presented by Union Railways Minister Suresh Prabhu, stated that hike in freight would shoot up prices of commodities in the market.
"Prices of cement, coal, steel and urea are likely to go up with the Railways Minister proposing freight hike up to 10 per cent for various commodities," Mir said.
To mention, the Railway budget proposals presented today in the Parliament proposed hike in freight rates for 12 commodities in the range of 0.8 per cent to 10 per cent.
The proposed hike for cement, coal, iron and steel, grains and pulses, urea, groundnut oil, LPG and kerosene is 2.7 per cent, 6.3 per cent, 0.8 per cent, 10 per cent, 10 per cent, 2.1 per cent, 0.8 per cent and 0.8 per cent, respectively.
Chairman, Kashmir Economic Alliance, Muhammad Yaseen Khan said that leaving fares unchanged is a welcome decision. "But there is nothing for Jammu and Kashmir, even the enhancement of railway network has been put on backburner by the current BJP-led government."
“As usual Kashmir has been left out. Our demand for increase in the number of trains to Jammu from other states has been turned down."
The shortage of direct trains to Jammu during peak tourism season will continue affect “our economy and our tourism sector suffers.”
Khan said that Kashmir’s tourism sector had always been neglected by the central government and today’s railway budget proved it again.
Meanwhile, the tourism players said the railway budget has totally ignored Kashmir. “We had high expectations with the railway budget hoping it would contain proposals as would give some boost to the tourism sector in J&K, but we are disappointed.”
“Our main demand was that number of trains from other states to Jammu should be increased so as more and more tourists could come to the state. But it seems that our demand to railway ministry has fallen on deaf ears,” they said.
HIGHLIGHTS
 No increase in passenger rail fares
 Rs 8.5 lakh cr investments in next 5 years
 Passengers can purchase ticket in 5 minutes
 Bio-toilets, airplane-type vacuum toilets in trains
 Surveillance cameras in select coaches, ladies compartments
 Rail tickets can be booked 120 days in advance
 Speed on 9 railway corridors to go up to 200 km per hour
 Wi-Fi in more stations, mobile phone charging facilities
 Facility of online booking of wheelchair for senior citizens
 Satellite railway terminals in major cities
 Centrally managed Rail Display Network expected
 All India 24/7 helpline - 138 from March 2015
 Toll free No. 182 for security
 917 road under-bridges and over-bridges
 Four Railway Research Centres to start in four universities
  
Today (6:51AM)  Shortage of Funds Could Hit India-Bangladesh Rail Project: Tripura Minister (www.ndtv.com)
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Rail BudgetNFR/Northeast Frontier  -  

News Entry# 214610     
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Posted by: rdb**  96340 news posts  
The India-Bangladesh railway project to connect the North East with Bangladesh will be further delayed as no funds were allocated for acquisition of land to extend the tracks in the Railway Budget, a state minister said today.
"We had been long demanding for early completion of the 15-km long railway track to connect Agartala with Akhaura in Bangladesh, so that people of this land locked state can travel through the neighbouring country.
"But, no funds were allocated for acquisition of land in the Rail Budget. The ongoing project will be further delayed," Tripura Transport Minister Manik Dey said in his reaction to the budget.He said the initial project cost was Rs. 271 crore and in addition acquisition was pending for 100 acres of land on both sides, which would require Rs. 302
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crore.
Of the 15 km railway line, five km of tracks was in the Indian side and the remaining in Bangladesh, the minister said adding, it was an important connectivity to boost economy of the region and create a passage for the people with the rest of the country.
Agartala is about 1,700 km from Kolkata if travelled through the Chicken's Neck, a narrow strip connecting the northeastern states to the rest of India, which would be reduced to 350 km if travelled through Bangladesh.
  
Today (6:50AM)  'Hindu Gods Won't Forgive Railway Minister for Neglecting Uttarakhand': Congress (www.ndtv.com)
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Rail Budget

News Entry# 214609     
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Posted by: rdb**  96340 news posts  
DEHRADUN: Describing the rail budget as "extremely disappointing" for Uttarakhand, Congress today said the Hindu deities will never forgive the Railway Minister for neglecting the hill state also called "Devbhoomi", the land of Gods.
Reacting to the rail budget, PCC president Kishore Upadhyay said, "The rail budget is full of hollow promises and has no provision for Uttarakhand. Suresh Prabhu will never be forgiven by Mother Ganga and Bhagwan Badrivishal for neglecting Devbhoomi.""Uttarakhand had big expectations from the rail budget but by letting down the people of the state, the BJP has proved once again that it is not bothered about their development," the PCC chief said.
Referring to Chief Minister Harish Rawat's meeting with Prime Minister Narendra Modi prior to the tabling of rail budget in Parliament in which he
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had urged expansion of the rail network in the border state for strategic reasons and tourism point of view, Mr Upadhyaya said the rail budget is a big jolt to the aspirations of the people of the state.
  
Today (6:49AM)  My dad has 18 stitches on the head: Chennai resident (www.thehindu.com)
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Commentary/Human InterestSR/Southern  -  

News Entry# 214608     
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Posted by: rdb**  96340 news posts  
The son of a Chennai-bound elderly couple recalled the harrowing experience his parents went through aboard the Tamil Nadu Express that was robbed on Thursday night.
“My parents were in the 2-tier AC compartment. A group, wearing monkey caps, turned on the lights and threatened my mother at knifepoint,” said Amit Kumar, a resident of Kellys whose parents Ramkumar Garg (58) and Saroj (54) were on the train.
“When my father tried to fight them, he was hit on the head with an iron rod. He is badly injured,” said Mr. Kumar.
The couple was robbed of jewellery worth Rs. 13 lakh. “My dad has 18 stitches on his head. They alighted at Agra, from where I brought them to Chennai by flight.”
  
Today (6:49AM)  Very little on Chennai’s platter (www.thehindu.com)
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Rail BudgetSR/Southern  -  

News Entry# 214607     
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Posted by: rdb**  96340 news posts  
The railway minister had very little to offer the city though the absence of fare hikes, and added security and surveillance were welcomed by passengers
For residents of Chennai, the second Railway Budget of the BJP government was disappointing, to say the least.
Lakhs of rail passengers who were waiting for announcements on Metro Rail, Monorail, and new train services were upset as Union railway minister Suresh Prabhu did not factor in these aspects into his maiden budget presentation.
Hukmchand D. Shah, a resident of Purasawalkam, said the government could have increased the frequency of the Jodhpur Express. “We have been representing the issue for the past decade,” he said.
The saving grace was
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that there were no fare hikes. The thrust on security measures was welcomed by commuters. Surveillance cameras will be fitted in some coaches on mainline trains and in ladies’ compartments of suburban trains.
Besides, a 24x7 helpline ‘138’ and a toll-free number ‘182’ for security-related complaints were proposed.
“This is the need of the hour as there have been many crimes against women recently,” said K.S. Gopalakrishnan, former zonal railway users’ consultative committee member.
Other announcements were Wi-Fi facility in ‘class B’ category stations, self-operated lockers at stations, increase in general coaches on some trains and SMS alert service about updated arrival/departure time of trains at starting or destination stations.
Quota of lower berths for senior citizens and middle berths for women will also be increased. Travelling ticket examiners will also be instructed to assist pregnant women, senior citizens and the differently-abled in getting lower berths.
Getting tickets may also become easier as the minister proposed ‘operation five minutes’ for issuing unreserved tickets.
Hot buttons, coin-vending machines, concessional e-tickets for differently-abled travellers, and a multilingual e-portal for booking tickets were also announced.
Setting up of more automatic ticket-vending machines, with smart cards and currency options, and integrated ticketing system on the lines of rail-cum-road tickets were some of the other announcements.
Here are some highs and lows for Chennai:
HIGHS
- No fare hike
- Stress on comfort, safety, security
- Incentives to senior citizens, differently-abled, women
- Importance to use of technology
- Promise of free Wi-Fi at smaller stations
LOWS
- No new trains
- No word on MRTS extension from Velachery to St. Thomas Mount
- No announcement on development of Royapuram as another terminal
- No commitment on third broad gauge track between Tambaram and Chengalpattu
- No specific announcement on fate of pending Centre–State government projects
****
STUDY OF NEW ROUTE
Chennai-Mamallapuram- Cuddalore (179.28 km): Rs. 1 crore
TRACK DOUBLING
Chennai Beach-Attipattu-4th line (22.1 km): Rs. 110 crore
TRAFFIC FACILITIES
YARD REMODELLING & OTHERS:
Chennai Beach–Additional platform: Rs. 1.5 crore
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ROAD SAFETY WORK
LEVEL CROSSINGS
Chennai Division-Interlocking of manned level-crossing gates: Rs. 90 lakh
ROAD OVER/UNDERBRIDGES
Chennai Beach-Washermenpet-underbridge: Rs. 5 lakh
****
TRACK RENEWALS
Chennai Beach-Velachery (6.62 km): Rs. 2 crore
Chennai Beach-Tambaram (9.35 km): Rs. 80 lakh
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SIGNALLING AND TELECOMMUNICATION
Chennai Area: public address system in suburban trains (66 rakes): Rs. 1 crore
Chennai Beach-Tambaram-Chengalpattu: train protection and warning system: Rs. 1 lakh
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STAFF QUARTERS
Ayanavaram - reconstruction of quarters, type-II (56 units): Rs. 80 lakh
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PASSENGER AMENITIES
Basin Bridge - Augmentation of water supply arrangement (installation of recycling plant and electronic monitoring system): Rs. 1.5 crore
Chennai Egmore - Improvement to passenger amenities including beautification: Rs. 1.2 crore
  
Today (6:45AM)  ‘Railway freight traffic is more price-sensitive’ (www.thehindu.com)
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Commentary/Human Interest

News Entry# 214606     
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Posted by: rdb**  96340 news posts  
A day after freight rates were increased on select commodities and passenger fares left unchanged in the railway budget, the Economic Survey for 2014-15 said freight traffic is more sensitive to price changes than passenger traffic.
It also said there is potential for price discrimination among different class of passenger and freight types.
The Railways has been using hike in freight rates as a tool to cross subsidise the passenger fares, thereby, losing share to other modes of transport.
The Survey document, citing reports, said the share of the Railways in freight traffic will come down to 25 per cent by 2020, from 33 per cent in 2011-2012.
The Survey used the principle of
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elasticity of demand or in other words demand sensitivity to price changes to demonstrate the differences in various types of passenger and freight traffic.
The metric showed freight traffic at 55.4 per cent was more sensitive to price changes when compared to passenger traffic (at 14.4 per cent).
Within passenger traffic categories, upper-class passengers are less price sensitive (at 9.8 per cent) and may be better placed to internalise prices hikes vis-a-vis other passenger classes, the Survey document said.
It also pointed out that that cross-elasticity of civil aviation traffic to changes in railways prices is at 5.7 per cent which indicates that upper class passengers do not easily switch to airlines as a response to hikes in railway prices.
Similarly, in freight categories, petroleum products are observed to be very price sensitive (91.4 per cent), while iron ore (17.9 per cent) on the other hand does not easily respond to price changes, it added
  
Today (6:43AM)  Railway Budget disappoints A.P. (www.thehindu.com)
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Rail Budget

News Entry# 214605     
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Posted by: rdb**  96340 news posts  
The Railway budget presented by Union Railway Minister Suresh Prabhu on Thursday came as a disappointment to the State as there was no mention of the long pending demands.
Except for an announcement on launch of works on third line between Kazipet and Vijayawada and some other projects, the Union Minister’s speech was devoid of any concrete proposals relating to the State including the much-awaited announcement on separate zone and clubbing of Waltair division into the South Central Railway.
There was also no mention about the coaching terminal sought by the government near Vijayawada, a project that assumed significance following the decision to locate the new capital in the vicinity.
The State had also been pitching for dedicated train to New Delhi, post-bifurcation.
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The Minister, however, made allocation of Rs. 100 crore for Mellacheruvu-Vishnupuram and Rs. 130 crore for Nandyal-Yerraguntla lines which were on completion mode.
The Nadikudi-Srikalahasti line, spanning 308 km involving an estimated Rs. 2,452 crore was sanctioned Rs. 110 crore and doubling & electrification of the Vijayawada-Bhimavaram-Nidadavole line received an allocation of Rs. 150 crore.
Issues relating to works on several lines like Obulavaripalle-Krishnapatnam did not find mention in spite of the State government agreeing to bear 50 per cent cost on development of the line as also doubling works on Guntur-Tenali route.
The Minister had announced that four new dedicated freight corridors would be developed in the coming years, but did not specify the routes on which these corridors would be set. There was also no mention about the allocation to Kadapa-Bangalore new railway line works which were progressing at a snail’s pace.
The State had made several representations related to new trains like Tirupati-Guwahati via Visakhapatnam, Tirupati-Varanasi via Vizag and Tirupati-Katra/Jammu via Nagpur besides a double-decker train between Visakhapatnam and Chennai. But there was no mention of new trains at all.
There was no concrete proposals relating to the State
  
Today (6:39AM)  Railway Budget 2015: Suresh Prabhu Proposes Lowest Operating Ratio for Railways in 9 Years (www.ndtv.com)
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Rail Budget

News Entry# 214604     
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Posted by: rdb**  96340 news posts  
Addressing the pressing issue of finances for the Indian Railways, Minister Suresh Prabhu has proposed an operating ratio below 90 percent to increase revenues for the system.
The railways' operating ratio, that has been consistently above 90 per cent for the past five years, suggests how much money is spent on day-to-day operations to earn the revenues, giving an indication of the funds left for safety and expansion."I have proposed an operating ratio at 88.5 per cent - as against the targeted ratio of 92.5 per cent for 2014-15, which has improved to 91.8 per cent," Mr Prabhu said presenting the Railway Budget for 2015-16 in the Lok Sabha.
"This (proposed) operating ratio will be the best in nine years," he said.
While
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a ratio of 93 per cent means it saves just 7 paise on every 1 rupee it earns from operations, the latest rail budget comes at a time when its finances and efficiency are, perhaps, at their worst.
Globally, a figure of 75-80 per cent or lower is what is seen as a healthy benchmark, but India ranks among the worst networks on this count.
Mr Prabhu has said the railways need $100 billion or Rs.6 lakh crore in funding over the next 3-4 years.
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