Monday, February 16, 2009

Highlights of Railway Interim Budget 2009-10

  • This is UPA's last rail budget in its term
  • Railways has a Rs 90,000 cr profit in last four years
  • 10,500 cr allocated for pension requirements
  • 6th Pay Commission to hike expense by Rs 13,500 cr
  • Steep fall in container traffic
  • Work on Delhi-Mumbai freight corridor started
  • Rlys to invest Rs 35,900 cr in 2009
  • Railway connectivity to Kashmir initiated
  • Passenger growth up 14 pct
  • Passenger trains to have 22 pct more capacity
  • Efficiency of passenger and goods wagons to be hiked
  • Goods trains to have 78 pct added capacity
  • 4 Railways inquiry call centres set up
  • Electrification of 1000 km of rail lines completed
  • Wagon production to be hiked from 6600 to 15000
  • Railways invested Rs 70,000 cr out of surplus
  • Railways to invest Rs 2,30,000 cr in 11th plan
  • Railways reported Rs 25,000 cr cash surplus last year
  • Revenues have risen by 39 paise a tonne/km since 2001
  • Costs have fallen by 7 paise a tonne/km since 2001
  • Gaps in the network will be bridged: Lalu
  • Railways got loans at 4 pct
  • Accidents come down from 325 in 03-04 to 194 in 07-08
  • Railways has grown freight at the rate of 8 pct over last 5 yrs
  • Research on for bullet trains
  • FY10 operating ratio seen at 88%
  • Mumbai-Bikaner superfast bi-weekly
  • Nizamuddin-Bangalore Rajdhani tri-weekly
  • Lalu gives 2 pct cut in AC and mail train fares
  • Forty-three new trains announced
  • Laid 1100 kms of new rail lines
  • Bhubaneshwar-New Delhi Rajdhani becomes 4 days a week
  • New Delhi-Ahmedabad Rajdhani becomes daily
[via Financial Express]

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