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Thursday, Feb 28, 2008
Surf India » Finance » Budget India 2008-09 » Rail Budget 2008-09 » Rail Budget Highlights 2008-09




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Rail Budget Highlights Live Speech Rail Budget Updates Rail Budget Review

Rail Budget Highlights 2008-09

Lalu Prasad Yadav has presented his much-awaited Railways Budget 2008-2009. As his earlier budgets this time too he has presented a people-friendly rail budget which has generated a general positive sense in the public. Here are the highlights of Rail Budget 08-09.

Rail Budget Highlights
Fare Cut
  • Second class fares slashed by 5% beyond 50 km
  • Third AC fares reduced by 3%
  • II AC fares down by 4%
  • I AC fares cut by 7%
  • 5% reduction in petrol, diesel freight
New Trains
  • Special train between Pune-Delhi for Commonwealth in Oct
  • Saharsha- Janasadharan Expess weekly
  • Malda-Patna Express tri-weekly
  • Amritsar-Kochuveli Express weekly
  • Ahmedabad-Patan Express daily
  • Amritsar-Kochuveli Express weekly
  • Ahmedabad-Patan Express daily
  • Chennai-Salem train daily
  • Ranchi-Bhagalpur new train tri-weekly
Train Frequency Increased
  • New Delhi-Jammu Tawi Express to run daily
  • Bhubaneswar-New Delhi Rajdhani to run tri-weekly
Infrastructure
  • Online control of trains in two yrs
  • Use of IT communications by 2009
  • Rajdhani and Shatabdi Exprress trains to have LHB coaches. This would enhance speed and comfort.
  • Only stainless steel coaches to be produced after 2010
  • Professtional agencies to undertake on board cleaning system in every Rajdhani, Shatabdi, Mail and Superfast trains
  • Low level and medium level platform in B category stations to be converted to high level platforms. This to be followed in other stations
  • All D level stations to have platform shelter
  • 30 big stations to have multilevel parking
  • Selected stations to have lift and escalators
Freight
  • Attained 790 tonne payload target
  • FreiWagon turnaround takes to a profit of Rs 233 cr
  • 3000 new bogies added to freight trains
  • Uncoaching earning goes to 4000 cr
  • Shipping and road transport companies permitted to run dedicated trains
  • Freight loading increased by 10%
  • Freight income target new Rs 440,000 cr
  • Uncoaching target of 20,000 cr
  • Freight loading in a decade increases by 160%
  • 1000 mn tonnes target for freight loading
  • Special fund for coal and steel corridor
  • Infrastructure Development
Plans
  • Automatic signalling system to be introduced in Ghaziabad-Kanpur and Nagpur-Gondia section
  • Survey of Kota-Bina line
  • Double track on Raipur-Titlagarh
Facilities
  • TV, Internet services on trains in future
  • Railway to be callcenterised.
  • Control centers and call centers to have online linking
  • New system online coach display board by March 09 in all Mail Express trains, which will show the next station and the time remaining
  • A category stations to have LED displays
  • B category stations equipped with display systems
  • All trains to have green toilets by the end of next 5 year plan.
  • Smard Card service for suburban trains in Mumbai
  • Destination time to be mentioned in tickets
Balance Sheet
  • Profit of Rs 25,000 crore for FY08
  • Freight services raises additional 20,000 cr earned
  • Rail Plan hikes from 11,000 cr to 33,000 cr
  • Rs 49,250 crores as investment on new projects
  • 76% operating ratio

Rail Budget Highlights Live Speech Rail Budget Updates Rail Budget Review

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