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Rail Budget : 2010

CA Dhiraj Ramchandani (CA, M. com) (10823 Points)

24 February 2010

Hi friends, lets discuss about RAIL BUDGET now.....

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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

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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

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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
2 freight corridors planned in Maharashtra
5 wagon factories planned
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

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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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