12th December, 2002
Ministry of Railways  


RAILWAYS USE REVENUE FROM SURCHARGE ON TICKETS FOR MODERNISATION


LOK SABHA

‘Safety Surcharge’ collected by Indian Railways through tickets from all classes of passengers is used for different works under the Special Railway Safety Fund. An amount of Rs.304.86 crore was collected during 2001-2002 and Rs.295.41 crore have been collected during 2002-2003(upto September 2002).

The Special Railway Safety Fund has been set up with a view to wipe out the arrears of replacements and renewals of assets on Railways in a fixed time schedule of six years. The fund will receive contribution of Rs.12,000 crore from Central Government and Rs.5000 crore will be contributed by Railways over the period. This fund is to be utilised on identified works under the plan heads of Track Renewal, Bridge Works, Signalling, Machinery & Plants, electrical works, other specified works and certain Safety Enhancement Works. These works have been listed in the Budget document titled ‘Works Machinery & Rolling Stock Programme, Part-III(Green Book) for 2002-03.

This information was given by Shri Bandaru Dattattraya, Minister of State for Railways in a written reply to a question by Shri N.N.Krishnadas in the Lok Sabha today.