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India Railway Budget 2005
MAJOR ACHIEVEMENTS IN 2004-05
- Excellent physical and financial performance by Indian railways
- Freight performance up by 31 million tones to 438 million tones.
- Freight growth surpasses growth of economy
- Railways regain some share of freight market.
- Big plans to modernize rail service
- Rail freight up by 7.67% in year 2005
- 8.7% growth in passenger travel
- Railway revenue to remain steady in fiscal year 2006
- Collection of arrears has doubled
- Rail accidents down to 175 b/w April-December 2004
MAJOR ANNOUNCEMENTS
- No raise in across the board freight rate
- Freight for kerosene cut by 3.7%, LPG by 2.7%
- No increase in parcel rates
- Electronic payment gateway on pilot basis
- Dividend liabilities for year 2006 at Rs 36.4 billion
- 43 million tones more freight likely
- Goods traffic only on 80 commodities against 4000
- Each group to have single uniform class
- Terms liberalized for engine on load scheme
- IRFC to borrow 34 billion in 2006
- Total plan outlay for year 2006 Rs 153 billion
- Gross traffic receipts for year 2006 at Rs 509.68 billion
- People in Bihar can make enquiries by dialing 139
- Passenger traffic likely to increase by 4%
- Freight container traffic to be up by 15%
- Container traffic to grow by 15% a year
- Modernize New Delhi railway station
- Spot booking of vacant births
- Extension of 27 existing trains, railway currently runs 9000 trains
- Integrated railway modernization plan to be implemented
- Computer train enquiry system proposed
- Internet booking timings to be extended from 4 am to 11.30 pm
- Warning system on 280 kms of rail route in 2006
- Scheme with private sector to increase revenue
- Scrap sale process made more transparent
- 2005 goods earning likely to be 304 billion
- New scheme for private sector in wagons
- Aluminium wagons to expand cargo capacity
- 411 rail bridges to be renovated in 2005
- More players to handle container
- 755 for fare concession for school excursions
- Unemployed youth get IInd class fare off
- Free IInd class travel for people stuck in calamites
- Material for national disaster to be carried free
- Historic changes proposed in goods tariffs
- 75% concession in IInd class fare for rural students for study tour
- 50% concession in IInd class forces for farmer for purpose of training
- 150 new cities computerized
- Double Decker containers trains to be started
- Extension of run proposed for 27 trains
- 4 new trains to connect metro
- Milk producer got 50% rebate in IInd class travel
- Corp welfare plan for rail workers
- 25% reservation for weaker section in IInd class
- Exemption for state government interview candidates
- Rail lands near station to be started
RAILWAYS AIM
- To make goods traffic rational, transparent
- To transport 635 million tones goods next fiscal year
- To expand optical fibre network in 1650 cities
- To introduce 46 trains in year 2006
- To double 538 km of rail lines
- To transport 635 million tones of goods in 2005
- To modernize optical fibre network 40000 kms by 2005
- To modernize rail profile, measuring, analysis system
- To add 1692 kms of broad gauge lines
- To look at other COs for container traffic
- To upgrade railway enquiry system
46 NEW TRAINS WILL BE STARTED, SOME OF WHICH ARE
- Muzzafarpur- Howrah Jansadharan express
- Secundarabad-Basar passenger
- Balaspur-Itarsi express
- Bilaspur-Tirupati express
- Secundarabad-Nizamabad
- Secundarabad-Nanded express
- Secunderabad-Bodhan
- Guwahati-New Bongaigaon
- Manglore-Shravanbelagola
- Jabalpur-Bhopal
- Chennai-Pondichery
- Udaipur-Jaipur
- Jaswantpur-Mysore
- Udaipur-Chittorgarh
- Bhagalpur-Malda town
- Madgaon-Manglore Janshatabdi Express
- Udaipur-Nizamuddin Express
- Chennai-Banglore Shatabdi
- New Delhi-Hawarh and New Delhi-Chennai at 150 kms/hr by 2010
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