Gross Budgetary support: 26000cr (higher by
8%); Planned investment of Rs
63,363 crore for 2013-14
Passenger Fares: No immediate hike in
tariffs
Freight : Implementation of FUEL
ADJUSTED COMPONENT(FAC) within the tariff structure to lead to an average ~5%
hike; Freight target fixed at 1,047 MT for 2013-14, 40 MT higher over the
current year.
Gross traffic Receipts: projected at Rs.1,43,742cr
( ~14%higher) with freight expected at Rs.93,554cr (higher by 9%) and passenger
fares at Rs.42,200cr(higher by ~5.2%)
Coal Infrastructure: 4000cr allocation towards
building of coal mine connectivity
Iron-Ore & Port Infrastructure:
9000cr allocation towards building of port, iron-ore
mine connectivity
Operating ratio expected to improve to 87.8% in
2013-14 from 88.8% in the current fiscal.
Outlook: Overall neutral to
positive budget as passenger fare and freight targets look reasonable
and commensurate with the current growth rate. Reasonable allocations towards
building of iron-ore and coal infrastructure. Market was expecting a marginal
hike in passenger fare which did not come through.
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