Live Update of Railway Budget 2010-11

Following are the excerpts of railway budget being presented by the railway minister Mamta Banerjee. 
 

·        Limited funds available consistant for line addition

·        Special task force to clear proposal for investment in 100 days

·        No privatization for railway department

·        Time for business partnership with railways has come

·        To come out with 10 year plan `Vision 2020.`

·        Plan to raise Rs 100-200 billion in FY`11

·        To complete 1000 km lines in one year.

·        117 new trains to be flagged off by March 31.

·        Rs 13 billion for passenger amenities

·        Laying of 1000 lines positive  for steel companies

·        RFID technology to be used in freight transport

·        To set up six bottling water plant for PPP model

·        Securities of women passengers to be improved with emphasis to minority communities.

·        To set up double deckar trains on plot basis

·        To construct more under passes subways low

·        Not to increase freight tarrif

·        All unmanned level crossings to be manned in next five years

·        381 diagnostic centres to be set up through out the country, also hospitals

·        Centre for Railway Research to be set up in affiliation with technical institutes like IIT etc.

·        To set up 12 cos of women RPF

·        To acquire 80,000 new wagons

·        To run 101 suburban trains in Mumbai

·        To introduce 54 new trains in FY`11

·        FY`11 freight Loading Aim at 944 mt

·        To extends routes for 21 trains

·         to set up 10 auto ancilliary hubs in PPP model

·        FY11 gross traffic receipts at Rs 94,800 cr

·        To set up 10 more Duranto trains

·        Service charge on AC class cut to Rs 20 from Rs 40

·        cut freight on food grain, kerosene by Rs 100/wagon

·        to set up more freight corridors

·        FY`11 plan layout  Rs 41426 cr

·        To start door to door service for freight movement

·        To sign pact for westerm corridor pact with Japan Company in March

·        premium tatlak service for parcel freight movement

·        to set up dedicated passenger corridor

·        Non Core Biz Revenue seen at Rs 100 billion

·        To beat FY10 freight target by 8 mt

·        More ticketing centres to help the public

·        Pilot project for fire detection

·        Funding for metro rail project increased by 5%

Source: myiris.com