As announced by Minister of Finance in his Budget Speech 2017-18, a Fund namely
‘Rashtriya Rail Sanraksha Kosh’ has been introduced in 2017-18 for works relating to
renewal, replacement, upgradation of critical safety assets under Capital segment of
The Fund has a corpus of ` 1 lakh crore over a period of five years, with an annual outlay of `
The Fund is utilized to finance identified works under plan heads Track Renewals, Bridge
Works, Signalling and Telecommunication Works, Road Safety Works of Level Crossings and
Road Over/Under Bridges.
All safety related measures are taken in full earnestness and all maintenance and other
activities are carried out with the help of existing manpower, mechanized means and need
Guidelines for operating of ‘Rashtriya Rail Sanraksha Kosh (RRSK) have been issued by
Ministry of Finance. These guidelines include sources of financing RRSK, definition of safety
works, summary of RRSK works identified, process of identifying/preparation of action plan
on safety, approval framework and monitoring framework of RRSK safety plan.
Planning Directorate of Railway Board has been assigned the task of regularly monitoring
physical and financial progress of works funded through ‘RRSK’. In addition, an independent
‘RRSK Monitoring Committee’ has been created headed by CEO, NITI Aayog to regularly
examine the RRSK performance. The RRSK progress/performance shall also be reviewed
annually by the ‘Committee on Economic Affairs (CCEA).
This information was given by the Minister of State of Railways, Shri Rajen Gohain in a
written reply to a question in Lok Sabha today.
Plot No. 334,Visalakshinagar, Visakhapatnam - 530043. Andhra Pradesh, India.