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Highlights of Railway Budget 2008-2009

 

Sarkaritel.com News and Features

 

Highlights of Railway Budget 2009-10

 

 

New Delhi, February 13, 2009

  • Investment of Rs 2.3 lakh crore in 11th 5-yr plan; Rs 70,000 crore in the past four years
  • Paradigm shift in consumer services by implementing e-ticketing and call centres for enquiry.
  • Fully air-conditioned Garib Raths, free upgrade facility to higher class to enable common people enjoy comfort.
  • Rail service to be extended upto Baramula in the next few years.
  • Started work on Dehi-Mumbai freight corridor
  • Feasibility on for Bullet Trains between Delhi-Patna, Delhi-Amritsar, Chennai-Bangalore
  • 25 survey planned for 8 doubling projects
  • 43 new trains in FY10
  • 6th Pay comm to benefit 1.4 mn rail employees
  • Financial turn-around of railways managed without putting burden on common man.
  • Railways raised $ 100 million debt at 4 per cent.
  • Significant improvement in safety record- accidents down to 194 in 2007-2008 as against 325 in 2003-2004.
  • Dedicated Ludhiana-Kolkata freight corridor to be inaugurated this month by Sonia Gandhi
  • Eco-friendly zero discharge toilets in Rlys soon
  • There has not been any burden on the common man in the past five years
  • Surplus of Rs 90,000 crore in 5 years
  • Railway raised loan at 4% in Nov 2008
  • The makeover of Railways has been better than that of private sector companies
  • Railway raised $100mn loan at 4% in Nov 2008
  • The makeover of Railways has been better than that of private sector companies
    Winning customers hearts is key
  • Ticket booking beyond Internet, petrol pumps,
  • Average freight revenue rate up 3-8% in five years
  • Goods train to have 78% more capacity
  • Passenger trains to have 22% more capacity
  • 1,100 km of new rail lines installed in last five years
  • Freight revenues up 14%
  • Revenues up 12% till December, more than expected
  • Wagon output to be increased from 6000 to 15,000 a year
  • Rs 37,905 crore to be invested in FY10
  • Expects 19,320 cr cash revenue
  • FY09 Operating ratio seen at 88%; FY10 Operating ratio seen at 89%
  • FY10 freight revenue expected at Rs 59,060 crore
  • To spend Rs 37,900 cr in FY10

 

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