Pages


Wednesday, February 24, 2010

Railway Budget 2010:No fare hike, 54 new trains,no hike in freight rate

New Delhi: Passengers were spared a fare hike, freight rates were lowered for some essential items and 54 new trains announced in Rail Budget for 2010-11 that promises a new model to promote private investment in expanding the world's second largest railroad network under a single management.

No fare hike, 54 new trains announced in Rail Budget

Railway Minister Mamata Banerjee spared passengers of a fare hike, while lowering freight rates on some essential items and announcing the launch of 52 new trains in Rail Budget for 2010-11.

  • No increase in passenger fares
  • Rs.100 reduction in freight per wagon for fertilisers and kerosene
  • Free travel for cancer patients in 3rd AC classes
  • Cost-sharing in public-private-partnership (PPP) mode in some gauge-conversion projects
  • Further extension of Kolkata Metro on priority basis; stations to be named after Bahadur Shah Zafar, Tagore family
  • Karmabhoomi trains to be introduced for migrant labour
  • New Janmabhoomi train between Ahmedabad and Udhampur
  • Special 'Bharat Teertha' train to be run around India to commemorate Rabindranath Tagore's 150th birth anniversary
  • Railway line to be extended from Bilaspur in Himachal Pradesh to Leh in Jammu and Kashmir
  • Andaman and Nicobar Islands to get railway line from Port Blair to Diglipur
  • Sikkim capital Gangtok to be connected by rail from Rangpo
  • 2011 being 150th anniversary of Rabindranath Tagore, special train to be run from West Bengal to Bangladesh
  • Gross earnings in 2009-10 estimated at Rs.88,281 crore
  • Working expenditure in 2009-10 estimated at Rs.83,440 crore
  • Expenses during 2010-11 estimated at Rs.87,100 crore
  • Thrust on expansion in 2010-11 with allocation of Rs.4,411 crore
  • Kashmir rail link to be extended to Sopore in the north of the valley
  • Net profit of Rs.1,328 crore in 2009-10
  • 10 automobile ancillary hubs to be created
  • Twenty-two million energy saving CFLs for lighting distributed already
  • Policy decision to employ one member of family whose land is requisitioned for railway projects
  • North-south, east-west dedicated freight corridors to be created
  • Construction of high-speed passenger rail corridors envisaged
  • More multi-functional hospitals to be set up
  • Educational facilities to be set up for children of 80,000 women families
  • Special facilities to be established for gangmen
  • Insurance facilities for licensed porters as part of railway's corporate social responsibility
  • Centre for railway research to be established with Indian Institutes of Technology and
  • Defence Research and Development Organisation
  • Will involve unions in policy making
  • Integral Coach Factory Chennai to be further modernised
  • New wagon repair shop in Mumbai
  • Design, development and testing centre for railway wheels at Bangalore
  • Within five years, all unmanned level crossings to be manned
  • Construction of more underpasses, besides road overbridges
  • Greater coordination with state governments to protect railway property
  • Security of women passengers to be improved
  • Ex-servicemen to be employed in Railway Protection Force
  • Five sports academies to be set up
  • Astroturf to be provided for development of hockey
  • Employment opportunities for sports persons
  • Railways to be lead partner for Commonwealth Games
  • Special drive to increase passenger amenities
  • Upgrade of 94 stations
  • Six new drinking water bottling plants in PPP mode
  • Modern toilets at railway stations
  • More ticketing centres to help the public
  • Acquisition of cutting edge safety technology
  • 1,000 route km to be created
  • Special task force for clearing investment proposals in 100 days
  • New business model to be created
  • No privatisation of railways
  • But greater participation of private sector
  • 117 of 120 new trains for current fiscal to be flagged off

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...