Rashtriya Rail Sanraksha Kosh
Rashtriya Rail Sanraksha Kosh is established to strengthen safety measures on the rail network to prevent accidents.
- The Rashtriya Rail Sanraksha Kosh will be a non-lapsable fund which will be utilised for safety measures.
- The fund will help Indian Railways to accomplish its zero-accident mission by strengthening the safety measures on the rail network in a comprehensive way.
- Under this fund, envisaged works like track renewal and upgradation, bridge rehabilitation, elimination of level-crossings, construction of road over bridges/road under bridges will be under taken.
- It will be also used for replacement and improvement of signalling system, improvement and upgradation of rolling stock, replacement of electrical assets and human resource development.
- The Railway Ministry had requested the Union Finance Ministry to create ‘Rashtriya Rail Sanraksha Kosh’ of Rs. 20,000 crore over five years.
- Its request was based on the recommendations of a high-level safety review committee headed by Dr. Anil Kakodkar