Railways to use Rs 73,000Cr on safety
The railways will spend over Rs 73,000Cr on safety out of the Rs 1.48 lakh crore capital expenditure earmarked for it in the Union Budget. The ministry will focus on technology this year to ensure safety on its network.
Apart from the Rs 73,065Cr, the railways will use Rs 20,000Cr from its rail safety fund that was created last year. It will comprise Rs 5,000Cr from the capital (budgetary support), Rs 10,000Cr from railway safety fund received as railways’ share from central road fund and Rs 5,000Cr from railways’ revenue.
Railway Minister Piyush Goyal also said the first set of the modern train announced would be commissioned in September this year. Stressing on technology, Goyal said, “Our main focus will be on technology. I have to give people security. So my target is to have CCTV cameras and Wi-Fi in all trains and all coaches. We have plans to introduce an effective and modern ETCS II signalling system on the entire railway network in next six years.”
ETCS II is a radio-based cab signalling equipment on the railway network which would not only help address safety concerns but also aid capacity management.