Announcing that Railways made a profit of Rs 90,000 crore Lalu Prasad said that Railways will invest Rs 2.3 trillion during 2009-2010. The Sensex has extended gains and is now up 175 points at 9,641. Earlier in the day the index opened 75 points higher on the back of positive global cues and has since firmed up on hopes of some positive news flow from today's interim Railway Budget.
check Interim Railway Budget 2009-2010 from OFFICIAL WEBSITE OF MINISTRY OF RAILWAYS direct link http://www.indianrailways.gov.in/
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Budget Speech, English (in PDF) Budget Speech, Hindi (in PDF)
Railway Minister Lalu Prasad announced railway budget 2009 10
Following are the highlights of the Interim Railway Budget for 2009-2010:
HIGHLIGHTS OF Interim Railway Budget 2009-2010
* Lalu Prasad presents UPA's last rail budget in its term
* Railways made Rs 90,000 cr profit
* 2 pct cut in all AC and mail train fares
* Rs 10,500 cr allocated for pension requirements
* 6th Pay Commission to hike expense by Rs 13,500 cr
* Rlys laid 1100 kms of new rail lines
* Bhubaneshwar-New Delhi Rajdhani becomes 4 days a week
* New Delhi-Ahmedabad Rajdhani becomes daily
* 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
* Research on for bullet trains
* FY10 operating ratio seen at 88%
* Mumbai-Bikaner super-fast bi-weekly
* Nizamuddin-Bangalore Rajdhani tri-weekly
* 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
1 Response to Railway Budget 2009 HIGHLIGHTS from indianrailways.gov.in
Railways always did a step behaviour with the people of Punjab. They never seriousely think about the qulity train service in Punjab.
Chandigarh Ludhiana Project is not started yet
Ludhiana & Amritsar needs Metro.
All is the game of Politics. and for that People of Punjab are victiomised.
Something to say?