Skip to main content

Railway Budget at a Glance

Freight traffic crosses target of 785 million tonnes; to touch 790 million tonnes.
Railway Plan size increased from Rs 11,000 crore to Rs 30,000 crore in the last four years.
Posts profit of Rs 25,000 cr in 2007-08.
560 railway station platforms to be lengthened to take long trains.
Middle-level and low-level platforms to be upgraded to high-level platforms in several stations to help commuters.
Doubling of lines to be given priority.
Professional agencies being involved on a pilot basis to ensure cleanliness in running trains.
Second-class Sleeper fares cut by 5%.
AC-1 fare cut by 7%.
AC-2 fare cut by 4%.
AC-3 fare cut by 3%.
Freight on petrol, diesel cut by 5%
Work on automatic signalling to start in new sections.
Smartcard-based ticketing system planned.
Electrification of more routes in North India.
Foot overbridge along high level platforms.
Talks on with foreign cos for new wagon designs.
High level platforms in 135 stations.
Housekeeping in Shatabdis to be outsourced.
Lifts and escalators in 50 stations.
Modular toilets to be introduced in trains.
Rajdhanis, Shatabdis to get modernised coaches.
Touch screens, colour TVs across all major stations.
6,000 automatic ticket sale machines in 2 years.
By 2010 all coaches to be in stainless steel.
Rlys to use call centres for reservations.
16,548 old rail tracks to be renewed.
Ticket confirmation via mobiles likely.
Pvt cos can make terminals on Rly land.
All un-manned crossings to be manned.
Metal detectors, baggage scan at key stations.
Display boards to be set up across stations for convenience of passengers.
'Go Mumbai' tickets to be sold at bus depots.
Delhi-JNPT-NavaSheva western freight corridor cleared.
Multi-level parking at 30 major stations.
Free Rajdhani, Shatabdi travel for Ashok Chakra winners.
New Delhi, Mumbai, Pune to be made world-class stations.
50% concessions for AIDS patients.
Free season tickets for girls till graduation.
Rlys to issue wait-listed e-tickets.
50% concession for senior women citizen.
Arrival time to be printed on tickets.
To link trains via IT, communications in 2009.
10 new Garib Raths, 53 new trains to be introduced.
Amravati-Mumbai Express to run twice a week.
Khajuraho-Delhi to run thrice a week.
Chennai-Salem to have daily frequency
Kurla-Howrah to have twice a week frequency.
Considering a rail link for Ennore port.
To have new wagon leasing policy.
BBU-NDLS Rajdhani thrice a week.
Expanding use of automated signalling system.
Special train between Delhi and Pune for Commonwealth Games.

Comments

Popular posts from this blog

RBS picks up 0.60% stake in Gateway Distriparks

The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

Day End Report

The Sensex opened with a huge downward gap of 250 points at 13,856, and soon touched a low of 13,731. Another rise in repo rate and Cash Reserve Ratio by the RBI sparked off heavy sell-off in opening trades. However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220. The NSE Nifty ended with a gain of 60 points at 4,251. The market breadth was marginally positive- out of 2707 stocks traded, 1,370 advanced, 1,264 declined and 73 were unchanged today. Reliance Communications (RCom) zoomed 7.2% at Rs 509. Tata Steel surged 4.5% at Rs 743. DLF and Reliance Infra gained 4.2% each at Rs 458 and Rs 945, respectively. TCS and Bharti Airtel advanced 4% each at Rs 877 and Rs 780, respectively. Ranbaxy was up 3.8% at Rs 545. BHEL gained 3.7% at Rs 1,442. Reliance advanced 3.4% to Rs 2...

Auto industry records highest-ever sales in Jan

Riding on the back of economic growth, easy availability of finance and the continuing fiscal stimulus, the domestic auto industry has posted the highest ever monthly sales in January. The strong growth is both in terms of passenger car volumes and the total vehicle sales. According to Society of Automobile Manufacturers (SIAM) data, the passenger car segment has posted a 32 per cent growth in domestic sales at 145,905 units in January, over the same month last year. The last highest-ever monthly sales in the segment were in March 2009, when it sold 129,358 units. Meanwhile, overall sales across the industry grew 45 per cent at 1,114,157 units. The earlier record of highest ever monthly sales was in October 2006, when the industry had sold 1,017,198 units. Individually, the umbrella passenger vehicle segment posted a 37 per cent growth, while the commercial vehicle (CV) segment grew 131 per cent. Also, the two-wheeler and three-wheeler segments rose 43 and 47 per cent, respectively.