Friday, April 27, 2007

RAILWAY BUDGET 2007-08 WEBCAST UPDATE


Suburban rail projects will be completed on priority basis.

Rs 5000cr will be invested in Mumbai Urban Trans Plan.

6000 automatic ticket vending machines in next 2 years.

To expand capacity on 20000km of rail route.

Facilities of hand-held computers for on-spot reservations.

2nd class unreserved coach number will be increased from 4 to 6.

6000 automatic ticket vending machines will be introduced.

Development of 225 stations to be completed by March.

Freight corridor to begin this year, investment Rs 30000cr.

Tariff discount to increase high axle wagon production.

Rail tickets to be available at petrol pumps & ATMs.

Unreserved bogies will be having leather seats.

Construction of dedicated freight corridor to start in 2008.

800 new coaches. The cement freight traffic surged 30 per cent as compared to 25 per cent in the period April-December last fiscal.

Passenger traffic up 14% in Apr-Dec.

The Return on Capital Employed (RoCE) stands at 32 per cent and the interest surplus stands at Rs 10,227 crore.

Facilities of e-tickets will made available. MST tickets will be available through internet with easy recharge system.

Call center and SMS services may start soon.

Women above the age of 45 will get quota sleeper lower birth in A.C. and sleeper class compartments.

Students travelling for exam purpose will get 50% discount in second class sleeper birth.

Special arrangements for handicapped in all trains.

Milkman and other retail businessmen will have separate compartments in passenger trains.

Unreserved compartments will be increased.

Railway made high surplus without burden on common man.

In the current year we have increased 700 compartments to accommodate more passengers.

Railways made Rs.20,000cr profit in FY'07.

Rail budget starts amid chaos in the Parliament.

The outlay for the railways in the year 2006 was Rs 23,700 crore.

In the year 2006 the railways generated Rs 10,794 crore through internal generation.

Last year Shree Yadav declared "that the year 2006 will be the year of passenger service with a smile."

Last year passenger and freight rates were left broadly unchanged.

According to data, Indian Railways runs over 14,000 passenger and freight trains and carries 15 million people every day -- it is more than the population of Sweden and Norway combined.

"I have tried to address the interests of all sections of people. But if there are any shortcomings, people should tell me, I will try to remove them in future," Mr. Yadav said yesterday.

On the eve (Sunday) of the Rail Budget 2007, Lalu Prasad assured that people can expect a "good Railway Budget."

Rail Budget 2007-08 will be Lalu Prasad Yadav’s fourth consecutive Railway Budget.

Railway Budget 2007-08 will be presented by Railway Minister Sri Laloo Prasad Yadav in the Parliament on 26-Feb-07 from 12 PM IST onwards.

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