RRSK – Rashtriya Rail Sanraksha Kosh
·
Dedicated fund for
Railway Safety.
·
Established in the year 2017-18 (announced in
Budget speech of 2017-18)
·
Based on the recommendations of High Level
Safety Review Committee, 2012 headed by Shri Anil Kakodkar, former chairman of
Atomic Energy Commission.
·
Period – Five years
·
Fund proposed –
Rs.1,00,000 Crores (i.e., Rs.20,000 Crores for every year)
·
Rs.20,000Crores for this year i.e., 2017-18 is
proposed to be funded as follows.
Central Road Fund
|
Rs.10,000 Crores
|
So far, the amount goes to SRF.
|
Ministry of Finance
|
Rs.5,000 Crores
|
Promised
|
Railway Internal Resources
|
Rs.1,000 Crores
|
(from Budget document 2017-18)
|
By collecting Cess on fares (
proposed)
|
Rs.4,000 Crores
|
|
Total
|
Rs.20,000 Crores
|
For FY 2017-18
|
·
Objects: 1 ) Strengthen the safety measures on
the Rail Network to prevent accidents in order to accomplish the “ZERO ACCIDENT MISSION”
·
Unique feature of this Fund is Non-lapsable . That means the grant allotted for this Fund
is not lapsed with the completion of financial year.
·
Works falling under this Fund category: -
1.
Track renewals &upgradation
2.
Bridge rehabilitation
3.
Elimination of LC gates on BG routes by 2022
4. Construction of ROBs/RUBs
5.
Replacement & Improvement of Signaling
system.
6.
Improvement & up gradation of Rolling Stock.
7.
Replacement of Electrical assets
8.
HRD – Human Resources Development.
·
Likely
probability:
SRF
– Special Railway Safety Fund may be merged with the above Fund. This conclusion arrived based on the two
factors. 1) CRF – Central Road Fund – so
far it is a source of finance for existing RSF – Railway Safety Fund. Now it is going to be credited to new Fund
that is NRSF or RRSK. 2 ) LC Gates (Plan
Head 2900) and ROBs/RUBs (Plan Head 3000) so far met from the existing fund
RSF. Now these two objects are included
in the proposed new Fund NRSF or RRSK.
Don’t come to any conclusion. Let’s wait and see for further guidelines
from Railway Board.
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