Thursday, February 12, 2009

Railway Budget 2009 - Highlights

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Railway Budget 2009 - Highlights

  • 2% cut in all train fares
  • 1100 kms of rail lines re-laid
  • 2% cut in AC and mail fares
  • Ludhiana-Kolkata freight corridor to be ready this month
  • 43 new trains announced
  • Delhi-Patna bullet train: Feasibility study soon
  • Railways have set up four call centres
  • To spend Rs 37,900 crore in FY10
  • Railways managed 8 per cent growth in freight loading in five years
  • Freight rates remain unchanged
  • Delhi-Mumbai freight corridor work has begun
  • Railways to introduce high capacity wagons
  • Goods trains to have 78% more capacity
  • Railways raised $ 100 million at 4% interest
  • Kolkata Metro will be expanded
  • Steps to have railway connectivity to Kashmir initiated
  • Rail accidents have come down to 195 in 2007-08 from 325 in 2003-04
  • Railways has generated cash worth Rs 90,000 crores in last five years
  • Railways has reached new heights: Lalu
  • Lalu begins Budget speech
  • Lalu arrives in Parliament
  • This will be Lalu's sixth Railway Budget
  • Rail fares may not go up, indicates Lalu
  • Lalu to present Railway Budget
source: sify.com

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