Indian Rail Budget 2010

Indian Rail Budget 2010
Union Railways Minister Mamata Banerjee on 24th Wednesday, February 2010 presented the Rail Budget for the next fiscal in the Lok Sabha, with a special focus on the PSU’s network expansion, while leaving the freight rates untouched.

Mamata also emphasised on her ministry’s commitment to “social responsibility” and rued out privatisation of the PSU.

“Besides commercial viability, my aim is social responsibility. In fact, I lay more emphasis on the latter,” Banerjee told a packed Lok Sabha, emphasizing her commitment to the ‘aam admi’.

She added that the main aim of Railways is to unite the country through rail connectivity. 
BUDGET HIGHLIGHTS 2010:
  • No hike in passenger fares 
  • No change in freight rates
  • Service charge on sleeper class cut to Rs.10
  • Service charge on AC Class cut from Rs.40 to Rs.20 
  • Housing for all raiway employees in next 10 years
  • 50 creches to be set up for railways women employees
  • Relief for cancer patients in sleeper class 
  • Press concessions extended to family and dependents upto 20 years 
  • Concessions for film industry, technicians 
  • Railways to employ ex-servicemen for railway security 
  • National High Speed rail authority to be set up 
  • Bharat Teerth train in memory of Tagore to connect 16 destinations in India 
  • FY11 total gross earnings Rs 88,281 Crs 
  • Karma Bhoomi trains introduced for unorganised sector workers 
  • Metro Railway to be expanded in Kolkata on priority 
  • Rs 4,411 cr allocated for new rail lines 
  • No forcible acquisition of land, one member of land losing family to get a job. 
  • Rail link to Bangladesh proposed 
  • Railways to borrow Rs 9120 Crs this fiscal 
  • FY11 working spend Rs 87100 Crs 
  • 54 new trains to be introduced in FY11 
  • FY11 Gross Budgetary Support Rs 15,800 Crs 
  • FY11 dividend liability Rs 6600 Crs 
  • FY11 Plan Outlay at Rs 41,426 Crs 
  • Tourist trains to be launched on 16 routes 
  • Pension appropriation to account for Rs. 14,500 Crs 
  • Funding for Metro Rail projects increased by 55% 
  • FY11 Gross traffic receipts Rs 94,800 Crs 
  • Impact of 6th Pay Commission at Rs 55,000 Crs 
  • Non-core business revenue estimated at Rs 1000 Crs 
  • Double-decker trains to be launched on pilot basis 
  • Have save Rs 2000 Crs because of austerity drive 
  • To start door to door service for freight movement 
  • Premium Tatkal sevice for parcel, freight movements 
  • Dedicated passenger corridors planned 
  • 10 more Duronto trains to be introduced 
  • Freight on food grain and kerosene cut by Rs 100 per wagon 
  • Railways profit at Rs 1328 Crs 
  • Routes of 21 trains to be extended 
  • Railway exam fees to be withdrawn for minorities, women and OBCs 
  • Private operators can run special freight trains 
  • Dividend to exchequer at Rs 6608 Crs 
  • 2 freight corridors planned in Maharashtra 
  • 5 wagon factories planned 
  • 101 new suburban trains for Mumbai 
  • Rae Bareli coach factory work to start within a year 
  • Chittaranjan Locomotive Works to be modernised
  • State of the art loco pilot training centres proposed
  • 381 diagonistic centres throughout India to be set up alongside hospitals
  • Proposed Rabindra museum at Howrah, Geetanjali museum at Bolpur
  • Special trains for commonwealth games
  • Railways to provide increased job opportunities for sportsmen
  • Plan to raise 20,000Crs in one year
  • Railway protection force to be augmented, Mahila Vahini to be introduced
  • Rs 1300Crs for passenger amenities
  • 117 new trains to be flagged out by March 31
  • All level crossings to be manned within next 5 years
  • Latest technology to be deployed to prevent accidents
  • E-ticket mobile vans to be introduced
  • Modern toilets to be introduced in most stations
  • Six drinking water bottling plants planned
  • Multi-level parking complexes through PPP route planned
  • Special drive to improve passenger amenities
  • Limited funds, constraints line addition
  • Major jump being planned to complete 1000 km of new railway lines in one year
  • Will involve all railway unions in development
  • New business models with public-private partnership needed
  • Railways not to be privatised
More Information About Rail Budget 2010 see the following pdf attachement of
HIGHLIGHTS OF RAILWAY BUDGET 2010-11 click here
or From the following url
http://www.indianrailways.gov.in/DEPTTS/Budget/BUDGET-1011/RlyBudget_Eng_Highlights_10-11.pdf
 Text Speech of Mamata Banerjee introducing Rly Budget 2010-2011 ==> click here or go to the following url
http://www.indianrailways.gov.in/DEPTTS/Budget/BUDGET-1011/RlyBudget_Eng_10-11.pdf

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