Monday, February 26, 2007

Railway Budget '07 - Main Points


  • Ladies above 45 years will have greater quota.

  • New rail lines to aid new steel & power plants.

  • No more wooden seats in trains.

  • 800 bogies to be added to popular trains.

  • Rail infrastructure revamp planned.

  • Huge investment for containers.

  • Wagon production up by 10%.

  • Fifty per cent fare concession for UPSC and other official examinees.

  • Changes in the design of compartments to help physically disabled.

  • Separate coach for vendors, milkmen and petty traders in passenger trains.

  • Coupon validating machines (CVMs), after its success in Mumbai, is to be introduced in Kolkata, Chennai

  • Mumbai to get smart card-based reservation system in Mumbai on trial basis

  • Six thousand automatic ticket vending machines to be set

  • up in next two years

  • Number of berths to be increased from 72 to 84 in sleeper

  • coaches.

  • Tickets to be sold at petrol pumps, ATM centres, etc

  • Ticket bookings and hotel bookings can be done through railway call centres to be set up

  • Railway interest surplus at Rs 10,227 crore

  • Freight earning s up 17% in Apr-Dec

  • Passenger traffic up 14% in Apr-Dec

  • 60 MT extra freight loading in 2007

  • To invest in 3 storey freight containers

  • 15 private container licence issued

  • Pipavah-Jaipur double-decker train to begin

  • Tariff discount to up high axle output; to explore independent private tariff agency.

  • Railways to reserve a quota of lower seats for senior citizens and for women aged more than 45 years.

  • 20-30 per cent increase in passenger traffic

  • All customer complaints to be disposed in three months

  • Fund balance at Rs 16,000 crore (Rs 160 billion)

  • Freight: Incremental loading of 60 million tonne this year

  • Cement steel traffic up by 20 to 30 per cent

  • High surplus recorded without load on common man

  • Plan to start three-storey container trains

  • Will invest massively in container operations over the next 5 years

  • Lalu claims container train experiment has been successful

  • Efforts to increase container traffic five-fold to 100 million tonnes by 2011-12

  • Each zone will have a SP grade officer to look into consumer complaints

  • New wagons to be replaced by new ones

  • To invest in improving infrastructure around railway stations

  • Wooden seats to be replaced by cushioned ones in ordinary class passenger trains from next fiscal.

  • Unreserved compartments in new trains to be increased from four to six

  • Freight revenues up 17 per cent, passenger revenues increase 14 per cent in April-December 2006

Source Rediff.com


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