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Railway Minister Mamata Banerjee presented the rail budget on Friday. The minister announced a slew of new initiatives as part of the budget.
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Here are the highlights of Railway Budget 2009-10:
- Need to have social view on rail projects
- Committed to cause of underprivileged
- Economic viability of projects not key concern
- Railways to set example of inclusive growth
- Need innovative socially-viable project funding
- Need to expand rail network for development
- Concerned over deterioration in passenger service
- Availability of 'Janata Khaana' to be ensured
- To develop 50 world-class stations
- Priority is passenger security, services, catering
- To develop 50 world class stations via public-private partnership
- Social viability must substitute economic viability
- World-class stations in Mumbai, Pune, Kolkata
- World-class stations also in
- World-class stations also in Jaipur,
- To build multi-functional complexes at 50 stations
- 375 stations will be developed into 'ideal stations'
- Facilities for elderly, physically challenged
- To depute doctor in each long-distance train
- Source: Likely to introduce 67 new trains
- On-board infotainment services in Rajdhani, Shatabdi trains
- To cover 200 new towns
- 200 new towns to have passenger reservation services
- Source: May launch AC train for low income group, youth
- To expand unreserved ticket terminal to 8,000
- E-ticketing to be enhanced, simplified
- To facilitate ticket sales from 5,000 post offices
- To introduce 50 mobile rail ticket vans
- Source: Likely to set up 1,000 MW power plant
- Introducing inter-city, double-decker AC coaches
- Safety is first priority
- Source: May launch new reservation scheme for Tatkal
- To give automated ticket vending services at 200 stations
- To re-look railway's, states' revenue share for bridges
- Drawn up new security plan for 140 stations
- To increase number of women RPF commandos
- Scholarship proposed for staff's girl child
- To set up medical colleges at rail hospitals via PPP
- To focus on signal modernisation
- Metro rail hospital at Tollygunj to be upgraded
- Recruitment process to be reviewed shortly
- National sportspersons preferred in Recruitment
- To form expert panel for rail optic fibre network
- To acquire 18,000 wagons in FY10
- Burn Standards, Braithwaite units buy completion soon
- To give pvt siding nod for freight carriage
- Private ops of freight terminal to be encouraged
- Plan warehouses to curb wastage of perishable freight
- To launch superfast parcel services
- Superfast parcel services to include
- Done viability study for four dedicated freight corridors
- Viability study for four new dedicated freight corridors
- To use rail land bank for industrial purpose
- To speed up work on Rae
- To set up new coach factory at Kachrapara,
- Kanchrapara unit to make 500 coaches per year
- Railways loaded 833 mln tn cargo FY09
- Interim Budget targets unrealistic on econ slowdown
- Downward correction in FY10 performance target
- Target to carry 882 million tonne freight FY10
- To retain ordinary spend of Rs 629 billion in FY10
- FY10 working expense at Rs 816.65 billion
- See FY10 operating ratio at 92.5%
- To launch uniform-priced monthly ticket of Rs 25
- "Izzat scheme" for those earning up to Rs 1,500 per month
- Uniform-price ticket plan for up to 100 km
- 50% concession for accredited journalists, spouse
- Madarassa students to get concessional fares
- Local ladies specials at Chennai, Kolkata,
- New non-stop train services to be introduced
- To start 12 non-stop intercity AC trains
- 12 new non-stop trains to be introduced
- Mumbai-Ahmedabad, Delhi-Howrah non-stop trains
- Delhi-Chennai, Delhi-Allahabad non-stop trains
- Sealdah-Delhi, Delhi-Pune non-stop trains
- To launch 57 new trains
- Target mechanised maintenance of 3,500 km in FY10
- Recruitment drive to fill up SC/ST hiring backlog
- Pitroda to head panel for optic fibre cable network
- Aim for Rs 54.79 billion dividend in FY10
- New policy planned for multi-model logistics park
- Rs 50 billion increase in budgetary support FY10
- Issue of tax-free bonds by IRFC approved
- Allocation for new lines raised to Rs 29.2 billion
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Today's Special Column
with Ajay Piramal
Piramal Enterprises Limited , Chairman


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