DG - Railway Budget Highlights [1 Attachment]

 

[Attachment(s) from RoHiT included below]

RAILWAY BUDGET HIGHLIGHTS

2010/11 PROJECTIONS

Plan outlay set at 414.26 billion rupees ($9 billion) Freight target set at 944 million tonnes Gross traffic receipts in year to March 2011 seen at 947.6 billion rupees ($20.5 billion) Plan outlay set at 414.26 billion rupees Aims to spend 131.4 billion rupees on wagons, other locomotives Aims to spend 11.24 billion rupees on telecom, signals Proposes to spend 50 billion rupees on new tracks Passenger traffic to increase at 5.3 pct FUNDING No increase in freight tariff Indian Railways Finance Corp (IRFC) to borrow 91.2 billion rupees ($1.97 billion) from the market in 2010/11 Aims to increase earnings from non-core activities to 10 bln rupees from 1.5 bln Rs Freight cut on food-grains and kerosene by Rs.100/wagon Special efforts to clear outstanding debt of the railways Railways saved 2,000 cr during the austerity drive Rs 1,302 crore allocated for passenger amenities 2008-09 combined turnover of Rs 13,641 cr for railway Plan to raise Rs 10,000 - 20,000 crore in FY11 EXPANSION To introduce dedicated passenger corridor To achieve 1000km electrification by 2011 Routes of 21 trains will be extended Railways to acquire 80,000 new wagons Tourists trains to be launched on 16 routes 5 wagon industries to be set up in JV-PPP mode To run 101 suburban trains in Mumbai Railways to complete 25,000km of rail lines by 2020 Mobile e-ticketing centres at hospitals, courts & universities Railways to be lead partner for Commonwealth Games Railways plans for 6 water bottling plants NEW MEASURES To set up 10 auto, auto-ancillary hubs across India To introduce pilot project for fire detection To construct more underpasses for safety Special train between India and Bangladesh Railways to have a master-plan for N-E region AC service charges cut to Rs 20 as against Rs 40 earlier 10 more Duranto trains to be launched 54 new trains to be introduced in FY11 To provide employment to 1 member of land losers' family Houses to all railway employees in the next 10 years Railway exams can be taken in regional languages 117 trains will be flagged off by March 31st National High Speed Rail Authority to be set up

 

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Attachment(s) from RoHiT

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Railway Budget Highlights.pdf

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