Question

Which one of the following was not the feature of Interim Rail Budget, 2014-15?
1. No change in passenger fare and freight charges.
2. 72 new trains to be introduced including premium trains, express trains and passenger trains.
3. Capital of Arunachal Pradesh would soon be on the rail map.
4. The governments of Uttar Pradesh, Bihar, and Madhya Pradesh agreed to share cost of several Rail Projects in their respective areas.

Answer 1

Correct Answer - Option 4 : The governments of Uttar Pradesh, Bihar, and Madhya Pradesh agreed to share cost of several Rail Projects in their respective areas.

The correct answer is The governments of Uttar Pradesh, Bihar, and Madhya Pradesh agreed to share the cost of several Rail Projects in their respective areas.

• Feature of Interim Rail Budget, 2014-15
  • No increase in passenger fares and freight charges.
  • 17 new premium trains, 38 express trains, and 10 passenger trains to be launched.
  • Premium AC trains with dynamic fares on the Delhi-Mumbai route with a shorter advance reservation period.
  • Passenger rail service to Katra and Vaishnodevi to start shortly.
  • Railways to expand services to Meghalaya.
  • More high-speed trains to be launched.
  • Railways exploring the low-cost option of 160-200 km per hour speed trains on select routes.
  • Rail Tariff Authority to advise on fares and freight.
  • Mumbai to get AC EMUs in July.

• The merger of Railway Budget
  • Railway Budget had been separated by General budget based on the Acworth Committee recommendation in 1921.
  • The Government had decided to merge Rail Budget with the Union Budget from the budget year 2017-18.
  • The merger of Railway Budget with General Budget was based on the recommendations of the Committee headed by Shri Bibek Debroy.