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{{use Indian English}}
{{Infobox government budget
| country = India
| previous_budget = 2013 Railway Budget of India
| previous_year = 2013
| next_budget = 2015 Railway Budget of India
| next_year = 2015
| image = Emblem_of_India.svg
| caption = [[Emblem of India]]
| submitter = [[Suresh Prabhu]], [[Ministry of Railways (India)|Railway Minister]]
| presented = 25 February 2015
| parliament = [[Indian Parliament]]
| party = [[Bhartiya Janta Party]]
| url = {{url|http://www.indiabudget.nic.in}}
}}
The '''2014 Railway Budget of India''' refers to the [[Railway Budget]] of the [[Indian Railways]] in the fiscal year 2014–15. The budget was presented in the [[India Parliament]] by Railway Minister [[D. V. Sadananda Gowda]] on 8 July 2014.<ref name=RailBudget>{{cite news|title=Railway Budget 2014-15: Highlights|url=http://www.thehindu.com/news/national/railway-budget-201415-highlights/article6189594.ece|accessdate=20 November 2014|work=[[The Hindu]]}}</ref>

==Summary==
The budget emphasized increased amenities for travelers, better safety, and timely completion of projects. There were no fare hikes announced as both passenger and freight fares had been increased the previous month. But, it was announced that fares will be revised twice a year to absorb fuel costs. Gowda criticized previous governments for announcing new projects and failing to complete them. He said projects will now be prioritized, such as decongesting major routes instead of announcing new ones. Gowda announced no major new projects, but announced 54 new trains. He also criticized the last government for driving the railways into a loss.<ref name=ModisBulletTrain>{{cite news|title=Rail Budget: Private sector, foreign investors get ticket to ride on Modi's bullet train|url=http://timesofindia.indiatimes.com/budget-2015/rail-budget-2015/Rail-Budget-Private-sector-foreign-investors-get-ticket-to-ride-on-Modis-bullet-train/articleshow/38037155.cms?|accessdate=27 February 2015|work=[[The Times of India]]}}</ref><ref name=FuelModi/>

Gowda announced a bullet train between {{w|Mumbai}} and {{w|Ahmedabad}}; new [[semi-high speed train]]s in nine sectors connecting metros; and new measures towards improving cleanliness, food, and {{w|electronic ticket|e-ticketing}} were announced. He said {{w|Closed-circuit television|CCTVs}} will be installed in major stations to monitor cleanliness, and major stations will have food courts serving local cuisines and precooked food from reputable catering brands will be served on board. The railways have faced complaints of substandard food in the past.<ref name=ModisBulletTrain/><ref name=FuelModi/>

He announced the introduction of a new rail-flaw detection system to better investigate the causes of accidents. The budget allocated a significant sum to the construction of bridges at unmanned crossings, a major cause of rail-track deaths. He announced a new project to introduce automatic closing doors on mainline and suburban trains, and said {{w|Wi-Fi}} will be provided in larger stations and select trains. {{w|Workstation|Workstations}} will be available for on-board use for a fee by business travelers. The e-ticketing system will be extended from booking tickets to booking coaches and entire trains, and also retiring rooms in stations. Electric mobility carts will be provided to elderly and handicapped passengers at all major stations. Also, {{w|Railway Protection Force}} will recruit four thousand female constables and escorted carriages will be provided for women. A significant amount was announced for improving rail connectivity in north-east India.<ref name=ModisBulletTrain/><ref name=FuelModi>{{cite news|title=Rail Budget 2014: Foreign Direct Investment to fuel Modi train|url=http://www.deccanchronicle.com/140709/nation-current-affairs/article/fdi-fuel-modi-train|accessdate=27 February 2015|work=[[Deccan Chronicle]]}}</ref>

Gowda emphasized use of {{w|public-private partnerships}} (PPPs) to fund future projects. He also said he will ask the {{w|Cabinet of India|Cabinet}} to approve foreign direct investment (FDI) in Indian Railways. Some stations are to be improved using PPPs.<ref name=ModisBulletTrain/><ref name=FuelModi/>

==Responses==
Manish R. Sharma, executive director of capital projects and infrastructure at {{w|PricewaterhouseCoopers}}, pointed out the budget didn't contain any information on how the government intends to attract private investors. [[Deven_R_Choskey|Deven Choksey]], managing director at K. R. Choksey securities, said the government now seemed to be more inclined towards PPPs than before. India's stock index {{w|SENSEX}} dropped and closed 2% below opening. Investors were observed selling shares in energy, infrastructure, and real estate sectors.<ref name=Derailed>{{cite news|title=Markets derailed|url=http://www.business-standard.com/article/markets/markets-derailed-114070801060_1.html|accessdate=27 February 2015|work=[[Business Standard]]}}</ref><ref name=Indiasaysprivate>{{cite news|title=India says private funds will help rail system, but gives no details|url=http://in.reuters.com/article/india-budget-railways-idINKBN0FD0JS20140708|accessdate=27 February 2015|work=[[Reuters]]}}</ref>

==See also==
* [[2015 Railway Budget of India]]
* [[Railway Budget of India]]

==References==
{{Reflist}}
{{CCBYSASource|sourcepath=http://en.wikinews.org/wiki/India_Railway_Minister_presents_2014-15_budget|sourcearticle=India Railway Minister presents 2014-15 budget|revision=649071267}}

==Further reading==
* {{cite web|title=Highlights of the Railway Budget – 2014-15|url=http://pib.nic.in/archieve/rbudget2014highlight.htm|publisher=[[Press Information Bureau]]}}

{{Union budget of India}}

{{#seo:
|keywords=Railway Budgets of India, 2014 in Indian economy, 2014 in rail transport
|description=
}}

[[Category:Railway Budgets of India]]
[[Category:2014 in Indian economy]]
[[Category:2014 in rail transport]]
[[Category:2014 government budgets|Railway Budget of India]]

2014 Railway budget of India - Revision history

MetaBOT at 18:27, 8 July 2023