Hi friends, lets discuss about RAIL BUDGET now.....
13 Replies
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
Plan to raise Rs 10,000-20,000 crore in the next one year
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
Mamata: Aim for 1000 km new tracks every year
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
-
Larger section of population to get connectivity over next 5 years
- No plans for privatisation of Railways - Mamta
- 6 bottling plants for clean water at cheap rates
- Mamata: Policies to be easier, investor-friendly
- Task Force for investment proposals in 100 days
- Mamata: Need to involve pvt players
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- While not privatising, Railways have to develop business models for improving earnings
- Railways 2020 vision document will contain short, medium and long-term goals.
- Commitments fulfilled to the maximum. Out of 120 trains announced in last budget, only three remain to be flagged off because of lack of broad-gauge lines, says Banerjee.
- Railways to start six water bottling plants in places like Ambala, Thiruvananthapuram, Farakka, Amethi and Nasik to provide clean and cheap drinking water to passengers.
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- Will withdraw examination fees for backward classes and women
- English, Hindi, Urdu will be used for Railway entrance exams
- To come out with 10 year plan called 'Vision 2020': Mamata
- Larger section of population to be connected: Mamata
- Looking at innovative ways for financing projects: Mamata
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- Laws and order not Rail's responsibility, but that of the states', said Mamata.
- Not to increase freight tariff.
- Railways to run a special train during CWG 2010.
- Will induct ex-service men into railway security.
- Rail stocks: Kalindi Rail Nirman is quoting at Rs 187.65, down 2.85%.
- 381 new diagnostic centers across the country.
- Will modernise 93 railway stations.
- Railways will give concessions for sportspersons.
- Railways to set up sports academies.
- Railways will partner with CWG 2010.
- Security for women passengers to be improved
- Double-decker trains to be introduced
- Railways must develop new business models
- RFID technology to be used for freight transport
- Ticket counters at district headquarters and village panchayats
- Special task force to be set up for early clearance of projects
- Rs 1300 cr for passenger amenities
- Construction of multi-level parking through PPP model
- To complete 1000 km railway lines in one year
- Railway exams can be taken in regional languages
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
-
Housing for all raiway employees in next 10 years
-
- 50 creches to be set up for railways women employees
- 381 diagonistic centres throughout India to be set up alongside hospitals
-
Dividend to exchequer at Rs 6608 Crs
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-
2 freight corridors planned in Maharashtra
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5 wagon factories planned
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-
101 new suburban trains for Mumbai
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- Service charge on AC Class cut from Rs.40 to Rs.20
- Rae Bareli coach factory work to start within a year
-
Chittaranjan Locomotive Works to be modernised
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- FY11 working spend Rs 87100 Crs
- 54 new trains to be introduced in FY11
- FY11 Gross Budgetary Support Rs 15,800 Crs
- FY11 dividend liability Rs 6600 Crs
- FY11 Plan Outlay at Rs 41,426 Crs
- Tourist trains to be launched on 16 routes
- Pension appropriation to account for Rs. 14,500 Crs
- Funding for Metro Rail projects increased by 55%
- FY11 Gross traffic receipts Rs 94,800 Crs
- Impact of 6th Pay Commission at Rs 55,000 Crs
- Non-core business revenue estimated at Rs 1000 Crs
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- Metro Railway to be expanded in Kolkata
- Rs 4,411 cr allocated for new rail lines
- No forcible acquisition of land, one member of land losing family to get a job.
- Rail link to Bangladesh proposed
- Railways to borrow Rs 9120 Crs this fiscal
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- FY11 total gross earnings Rs 88,281 Crs
- Karma Bhoomi trains introduced for economically backward classes
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- Press concessions extended to family and dependents upto 20 years
- Concessions for film industry, technicians
- Railways to employ ex-servicemen for railway security
- National High Speed rail authority to be set up
- Bharat Teerth train in memory of Tagore to connect 16 destinations in India
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 24 February 2010
- No hike in passenger fares
- Relief for cancer patients in sleeper class
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