Friday, July 3, 2009

HIGHLIGHTS OF THE RAILWAY BUDGET


 

Ø          Focus on passenger safety, amenities and punctuality

Ø          To develop 50 stations at tourist and religious places with internal facilities via PPP

Ø          Upgrade CST, Pune, new Delhi, Jaipur, Howrah

Ø          Computerised tickets from 5000 post offices

Ø          50 mobile vans to sell train tickets

Ø          AC double decker trains for inter city transfers

Ø          To give automated tickets vending services at 200 stations

Ø          Security plan at 140 stations

Ø          Anti-collision devices to be installed on 1780 km lines

Ø          To acquire 18,000 wagons in FY10

Ø          To form expert panel for rail optic fibre network

Ø          Encouragement to private ops for freight terminals

Ø          Vast land bank of railway to be used for Industrial Purpose

Ø          Done viability study for 4 dedicated freight corridors

Ø          New coach factory to be set up with state-of-art-facility to make 500 coaches pa in a JV with the private sector

Ø          To setup 1000MW power plant with NTPC

Ø          SMS updates for wait-listed passengers

Ø          Unreserved ticketing systems to be expanded from 5,000 to 8,000 terminals

Ø          Super fast parcel express trains to be started on a pilot basis between Delhi and Chennai and Delhi and Mumbai

Ø          Seven nursing colleges to be set up on railway land in places including Delhi, Kolkata and Mumbai

Ø          ATMs on 200 mid and small sized stations

Ø          Railway to provide infotainment services for Rajdhani and Shatabdi Express

Ø          309 stations to be developed as ideal stations

Ø           Aim for 1300 km of gauge conversion in FY10 and to spend Rs.1750 crore for this

Ø          Proposal for 53 new lines

Ø          Aim for 700kms lane doubling in FY10, proposal for doubling 12 lines

Ø          Tatkal period reduced from five days to two days

Ø          No change in freight tariff

Ø          No increase in passenger fares

Ø          To expand Calcutta Metro

Ø          Hiked Railway Budgetary support by Rs 5,000 crore


 

Source: www.premiuminvestments.in (S P Tulsian)
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