Lalu Express on track

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40% discount on incremental loading in open wagons (Positive for cement companies)

Cuts petrol, diesel freight rates by 5% (Positive For Oil Marketing companies)

Cuts freight rates on iron ore by 6%

Empty flow rebate for all goods except coal, iron ore

Congestion levy on iron ore at ports at 21%

Mineral, ore classification cut to class 160 from 170

To launch 32 new trains

FY08 passenger traffic seen at 661 crore

FY07 freight traffic seen at 726 mt

FY08 freight loading target raised to 785 mt

Busy route surcharge on iron ore freight withdrawn

FY07 net traffic receipts at Rs 14.631 cr

FY08 cash surplus seen at Rs 21,580 cr

Iron ore freight rate to be down 6% on reclassification

FY08 market borrowing seen at Rs 5,000 cr

FY08 gross traffic receipts seen at Rs 71,300 cr

Empty flow direction rebate up at 30% vs 20%