Railway Budget Highlights 2011


Railway Budget 2011 Railway Budget Mamata Banerjee No hike in passenger fare and freight rates.Nine additional services for Chennai suburban service.New Duronto trains to be introduced on Allahabad-Mumbai, Pune-Ahmedabad, Sealdah-Puri, Madurai-Chennai, Chennai- Thiruvananthapuram and Mumbai Central-New Delhi routes.Double-decker air-conditioned trains to run Jaipur-Delhi and Ahmedabad-Mumbai routes.Railways to intoduce 56 new trains in financial year 2012.3 new Shatabdis to be intoduced.New Durontos announced.Journalists to get 50% concession in tickets twice per year.Railway earnings set to exceed the Rs one lakh crore mark.Suburban rail network of Hyderabad to be strengthened.Kolkata Metro to expand network to suburbs with 32 new services.Frequency of 17 trains to be increased.Sixth Pay Commission added Rs 73,000 cr to railway expenses in last financial year.Go India’ smart card ticket project to be launched this year.Booking charges will be cheaper with a charge of only Rs 10 for AC classes and Rs 5 for others.New AC class to be introduced.Railways to induct 16,000 ex-servicemen.12,000 acres dedicated to freight corridor.2011 will be year of Green Railways.Railways to spend over Rs 9,000 crores on new lines.Rail accident rate declines from 0.29 per cent last year to 0.17 per cent now.Anti-collision devices to be commissioned in three railway zones including South and South Central soon.States showing good performance in rail movement to be provided with two new trains and two new projects, says Banerjee.Railways to set up 442 new stations by March 2012.Budget for railways pegged at Rs 57,630 cr.Safety will be our first priority, says Mamata.Railway network to be extended by 700 kilometres.Railways to spend over Rs 13,000 cr on rolling stock.All unmanned level crossing up to 3000 to be eliminated.Railways have received 85 proposals under PPP model.Centre for Excellence in Software by CRIS.Track-making industry to be set up in Uluberia in West Bengal.700 MW gas based power plant to be set up at Thakurli in Maharashtra.Rail industrial park in Nandigram.Railways to raise Rs 11,000 cr through tax-free bonds.Rail based industries to be set up as part ofVision 2020.Manipur to be connected to rail network.Diesel locomotive proposed in Manipur.Bridge factory to be set up in J&K.Metro coach factories in Singur and Kolkata.New coach factory will be set at Palakkad in Kerala.First coach from new coach factory in Rae Bareli to be produced within three months.Good work for railways should be appreciated, says Mamata.We are aiming for a sustainable railways with focus on social responsibility.

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