Railway Minister Lalu Prasad Yadav starts his interim Railway Budget speech.
ACROSS-THE-BOARD 2% CUT IN RAIL FARES (Click here to read story)
FREIGHT RATE UNCHANGED
Investment of Rs 2.3 lakh crore in 11th 5-yr plan; Rs 70,000 crore in the past four years (Click here to read story)
Paradigm shift in consumer services by implementing e-ticketing and call centres for enquiry.
Fully air-conditioned Garib Raths, free upgrade facility to higher class to enable common people enjoy comfort.
Rail service to be extended upto Baramula in the next few years.
Started work on Dehi-Mumbai freight corridor
Feasibility on for Bullet Trains between Delhi-Patna, Delhi-Amritsar, Chennai-Bangalore
25 survey planned for 8 doubling projects
43 new trains in FY10
6th Pay comm to benefit 1.4 mn rail employees
Financial turn-around of railways managed without putting burden on common man.
Railways raised $ 100 million debt at 4 per cent.
Significant improvement in safety record- accidents down to 194 in 2007-2008 as against 325 in 2003-2004.
Dedicated Ludhiana-Kolkata freight corridor to be inaugurated this month by Sonia Gandhi
Eco-friendly zero discharge toilets in Rlys soon
There has not been any burden on the common man in the past five years
Surplus of Rs 90,000 crore in 5 years
Railway raised loan at 4% in Nov 2008
The makeover of Railways has been better than that of private sector companies
Railway raised $100mn loan at 4% in Nov 2008
The makeover of Railways has been better than that of private sector companies
Winning customers hearts is key
Ticket booking beyond Internet, petrol pumps,
Average freight revenue rate up 3-8% in five years
Goods train to have 78% more capacity
Passenger trains to have 22% more capacity
1,100 km of new rail lines installed in last five years
Freight revenues up 14%
Revenues up 12% till December, more than expected
Wagon output to be increased from 6000 to 15,000 a year
Rs 37,905 crore to be invested in FY10
Expects 19,320 cr cash revenue
FY09 Operating ratio seen at 88%; FY10 Operating ratio seen at 89%
FY10 freight revenue expected at Rs 59,060 crore
To spend Rs 37,900 cr in FY10
