Monday, July 6, 2009

RAILWAY BUDGET 2009-10


New Delhi: Union railway minister Mamata Banerjee presented the railway budget 2009-10 in the Lok Sabha today. In what is seen as the United Progressive Alliance (UPA) government's return gift to the people, who gave it a second straight term in office, the railway budget 2009-10 today left passenger fares and freight rates untouched.

Railway budget highlights:

  • Passenger and freight rates left unchanged across the board.
  • Railways earn net revenue of Rs8,121 crore in 2008-09.
  • Railways to pay higher dividend of Rs5,479 crore to the Centre in FY 2010.
  • Tatkal charges reduced from Rs150 to Rs100.
  • Ladies' specials on suburban train routes during peak hours.
  • 'Izzat' monthly tickets of Rs25 (for up to 100 km travel) for people from the unorganised sector with an income of less than Rs1,500 per month.
  • New coach factory at Kanchrapara in West Bengal.
  • Cold storage facilities for farmers to store vegetables and fruits.
  • Talks to take over ailing wagon manufacturing units.
  • 18,000 wagons to be acquired during the current year.
  • Railway medical colleges and rail hospitals on public-private partnership basis.
  • Student concession will cover madrassa students.
  • Special coaches for disabled and aged people.
  • 50 stations to be developed along world-class standards.
  • 375 stations to be upgraded as 'Adarsh' stations, with basic facilities such as drinking water, toilets and ladies' dormitories.
  • Availability of doctors on-board long-distance trains.
  • On-board infotainment services to be provided.
  • 6,560 staff quarters to be constructed in 2009-10.
  • High-capacity double-decker A/C trains to be introduced.
  • 57 new trains to be introduced.
  • 12 non-stop trains to be introduced.
  • Accredited journalists to get 50% rebate; also once a year with spouse.
  • 1,000 MW power plant proposed in tribal area Adra.
  • Cash surplus of Rs17,400 crore before dividend.
  • Railways have investible surplus of Rs12,681 crore.
  • Annual plan expenditure pegged at Rs36,336 crore.

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