Business Standard
Monday, May 28, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

HIGHLIGHTS OF RAILWAY BUDGET 2010
BS Reporter / Mumbai Feb 24, 2010, 13:59 IST

NO HIKE IN PASSENGER FARES

Cancer patients travel free in AC3

Concession to film industry and press. Children upto 18 yrs travel free

To launch 10 more duronto trains

Aims at electrification of 1,000 km route in FY11

Special train named ' Bharat Tirth' to connect Himachal to Kanya Kumari. (all over the country).

Janmabhoomi train: connected areas in western sectors, linking Jodhpur, Lalgarh, etc. To run every week

Karmabhoomi: sleeper trains introduced for the unorganised sector

Introduction of ladies special trains in the name of Matribhumi

Work under Mumbai suburban area under MUTP phase 1 to be completed this year, and under phase 2 to be completed by March 2014

Kolkata Metro to be extended inside the city, 5 stations to be renamed.

Funding for METRO RAIL projects up 5%

FY11 operating ratio pegged at 93.2%

Impact of 6th Pay Commission at Rs 55,000 cr

Will link western corridor development deal with Japanese firm in March

Cost sharing projects bagged from Andhra Pradesh Government

Propose to run a special train from West Bengal to Bangladesh

Importance given to north East states in this Budget.

FY11 Gross Traffic Receipts seen at Rs 94,700 crore

To acquire 80,000 new wagons

FY11 working spend seen at Rs 87,100 crore

To beat FY10 freight target by 8 million tonnes

To start door-to-door service for freight movement

To launch tourist trains on 16 routes

To introduce 54 new trains  in FY11

Will launch double-decker trains on pilot basis

Allocation for implementing 1,000 km news lines in a year almost doubles to Rs 4,411 crore. Passenger amenities Rs 1,200 cr

Appropriation for pension fund at Rs 14,500 cr

Budget estimates for 2010-11 : Special efforts for deficit to be cleared

Expenditure of 783 cr after meeing the dividend liability

Budget estimates: Target for freight set at 944 million tonnes (up 54 million metric tonnes)

Non core business earning seen at Rs 1,000 cr

Cuts freight on foodgrains, kerosene by Rs 100 / wagon

Training insitution for railways for the south and south east Asian countries

Dedicated passenger corridor (Golden Rail corridor) project to be set up

Propose to start execution of Sonpur Dankuni section this year through PPP mode

Plan to create railway eco park

plans propose to introduce a GPS based driver guidance service

22.6 million free CFL lights already distributed

Premium tatkal service for parcel and freight movement

Autmobile and ancillary hubs in 10 different locatins on PPP mode

5 wagon industry in JV-PPP mode, in Secundrabad, Andhra Pradesh, Guwahati, Orissa and Haldia

Wagon repair shop in Mumbai

Agrees to set up railway coach factory in Singur if land is available; Intergral coach factory in Chennai

Rae Bareli coach factory, the work will begin within a year. Also in Bengal, Kerala, Bihar.

To modernise the CLW from its present 200 locomotives to 275

Railway will establish strong research partnership with institutes like IIT, CSIR etc

Corporate Social Responsibilty thorugh expansion of Rashtriya Swastha Yojana

Railways has 80,000 women employees. creches and hostels to be set up for children of women employees

MoU with health and HRD Ministry; 101 secondary hospitals, and multi functional hospitals with AIIMS and Vellore to be set up

Staff Welfare: 'House for all' scheme for railways employees

NO INCREASE IN FREIGHT TARIFF.

Railways to be the lead partner in Common Wealth Games 2010. Also to introduce special train for the games.

To provide increased employment opportunity in railways through sports quota 

To promote sports, wil build  five sports complexes in Delhi, Secundabad, Chennai Kolkata and Mumbai.

To strengthen the RPF security force; Mahila bahini -  for security of women to be introduced

Will construct underpasses at railway stations to counter problem of lack of usage of foot overbridges.

3,000 level crossings to be mended this year, rest to be done in within next 5 years.

Core projects of TPWS for implementing safety and preventing accidents

Twin strategy for safety and security.

To expand the scope of 'mushkil ashan' e-ticket mobile vans.

Introducing modern trolleys at all imp stations to assist senior citizens, physically handicapped and children

Six bottling plants on PPP basis to provide clean water at cheaper rates to passengers

Upgradation of 94 stations. Propose to take up another 93 multi functional stations.

Examination fee to be exempted for minority, and women, with income less than Rs 50,000 in a year

Increased financial power of field officers at the local level.

117 trains will be flagged off

Target: To implement 1,000 route km in one year , 25,000 km in Vision 2020

However, will set up business model -- need of the hour is to invite domestic investments through PPPs.

No privatisaton of railways, says is proud of 14 LAKH employees.

To set up a special task force to clear proposals for investments within 100 days

Only 10,419 km of railways added between 1958 and now.

Vision 2020 goals broken up in to short, medium and long term projects. The latter two will require funds and can be done in 5 years.

Mission is continuous development and goal is to unite the country through railway connectivity

Budget made keeping in mind the economic viability of the projects as well as social responsibility.

Mamata Banerjee presents Railway Budget 2010.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end on a strong note
- IITs, IIITs and NITs to have single examination from 2013
- Delhi Budget: Petrol to cost Rs 71.92, CNG prices up
- Bajaj Electricals Q4 net down 15% at Rs 49 cr
- Bombay Dyeing Q4 profit up over two-fold at Rs 185 cr
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Posted by: deepak garewal
Dear Madam, i am a Librarian in Eng. college budget are so good but one fault of budget cancer patient travels in 100% free but their are quota is a Limited so such cancer patient are not suffered without reservation so please cancer patient quota are review as such as budget 2009.
Posted by: DEEPAK SOLANKI
dear sir madam i am press reporter and i want to know about benefit of railways benefit so pls aware me
    Posted by: Sivaganesh
budget is good but there is no long term view.For healthy in one organization it must to increase the fare minimum with in 5 yrs.
Posted by: saleem
rail is very good.But there should be something for aligarh.
Posted by: meerajay
buget is good but some improvement is reuried and lot of trains running in short distanc. vijaywada to manmad train they will start from chennai it is better for passanger and railway also
Posted by: manju.s
not a good budget
Posted by: ketan
this budget is not good because only prefer west bengal. not uttar bhart and other states good benifit every rail budget only for one state budget not for indian rail budget only for state rail budget
Posted by: elahi
this is elahi i want ms Mamata Banerjee mam personal email id please bcoz we are having one problem my dad is a retired railway employ regarding this issue we want help from her ms mamata banerjee mam we are sooooooo much disappointing with this . so please if any one nows please forward it to us and i want geniun id please dont forward entertainment ids and bogus id ok my id is elahi86@gmail.com bybyy thanks a lot
Posted by: vijay
this is one of the bad budget i ever seen lot of small invesetor who are depend on this budget they are very much disapoointed by this budget. they mamata will give them a chance to earn something from railway related stocks but this is not happen. small investor earn maximam 2000 to 5000 thousand per month. bud this budget give them lots of loss. the stock like twl, texmaco ltd, kalindee are perform very bad and giving lots of loss to the investor . this budget is very disappointing...................................
Posted by: krish
not a good or bad budget
Posted by: prakhar
budget is normal.....no hike in fares gives a merit to the budget,still budget doesn't contain any such new thing as it helps more to the passengers.... as more availability,fair reduce,advanced safety measures etc... briefly budget is ordinary
Posted by: Sandeep
If that's the budget, why is this ritual going on year after year....this ministry, too, can be run the way other ministries are. Lets' get serious ........none is listening
Posted by: Igoy
Nothing about filthy stations and toilets!
Posted by: super
really free travel to children up to 18 is good and best than ever.
Posted by: jees
There must be accountability for the promises already made rather than mere announcements year after year.Also Mamataji should learn to control her emotions at least while presenting the budget in the parliament!
Posted by: nageswararao
No much change in last year's figures and facts
Posted by: bidyut_dutta
As usual like previous year, this rail budget is good. Added some new features and over all, no hike in passenger fare. But on the other hand, it is cleared that no serious steps have been taken in current rail budget in safety/security field for passengers.
Posted by: hemant
not a attractive rail budget as we were expecting.
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- NRIs likely to be allowed to invest through new route
- RIL wants import-parity price for its gas
- Renu Kohli: Rupee: depreciated tactics
- Gold imports fall 32% on strict govt measures
- Mobile handset companies bet on Indian app makers
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us