India Railway Budget 2005

By: EconomyWatch   Date: 30 June 2010

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MAJOR ACHIEVEMENTS

  • 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 neweconomyfoo

India Railway Budget 2007 Live Coverage   -->

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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