Lalu presents Rly Budget '07 for the 4th time

Published: Monday, February 26, 2007, 12:14 [IST]
 

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Railways to complete doubling of 450 km in 2006-07. Target for 2007-08 is 700 km.

Freight: minerals and ores (iron ore,lime-stone and dolomite)-reduction in classification from class 170 to 160. Wagon load classrates for commodities up to class lr1: reduced from class 150 to class120.

Complaint redressal mechanisms introduced in railways.

Rs 55000 crores allocated towards depriciation reserve fund for railway safety.

Freight: highest class 22 reduced to 210. Freight rates of diesel to come down by about 5 pc.

Reduction in rly fares for all classes of high capacity new designreserved coaches: ac3-tier and ac cc: 4 pc in busy season and 8 pc inlean season. Sleeper class: 4 pc in all seasons.

No across the board increase in freight rates.

New electric locomotive factory to be set up at Madhepura in Bihar.
1:40 PM 2/26/2007

Empty flow direction discount freight scheme announced

Increase in frequency of 14 trains.

Eight new garib raths to be introduced. 32 pairs of new trains to be introduced. Extension for 23 pairs.

Superfast surcharge levied on second class tickets for superfast trains to be reduced by 20 per cent.

Cut in railway passenger fares: ac first class 3 pc in busy 4 pc in lean season.

Railways annual plan for 2007-08 fixed at rs 31,000 crores.

Cut in rly passenger fares across the board.

Rs 5,000 cr for strengthening mumbai rail system.

300 more stations to be developed as model stations.

New and more comfortable coaches to be introduced.
1:25 PM 2/26/2007

e-tickets through ATMs and Petrol pumps soon

Mumbai suburban services to be increased

2007-08 to be observed as Railways Cleanliness Year

50pc fare concession for UPSC, other official examiners

Railways to add over 800 coaches in passenger trains

50 per cent rebate in rly fare for candidates appearing for upsc and railway exams.

Separate coach for vegetable and milk vendors in passenger trains.

Ttes to be given palm tops to have details of all the reservations and vacant seats.
12:54 PM 2/26/2007

6000 automatic ticket wending machines in major cities

6 unreserved compartments in every train from now.

Independent marketing agency to be appointed for better revenues

Women above 45 yrs to have lower berth quota in AC and 2nd class sleeper compartments.

Dial 139 at local rates anywhere in India for passenger alerts

Specially designed coaches for handicapped

Railways to set up Call centres

SMS alert for passengers

Railways to carry 60 million tonnes additional freight

Railways operating ratio improves to 78.8 per cent
12:37 PM 2/26/2007

Rs 16,000 crore fund balance

Each zone to have SP Grade Officer to look into consumer complaints.

Cement steel traffic up by 20-30 pc

Indian Railways to invest massively in containes operations over the next 5 yrs.

High surplus without burdening common man.

Plans to start 3-story container trains

Try to up container traffic 5 fold to 100 million tonnes by 2011-12

Wagon production likely to rise 10 pc
12:26 PM 2/26/2007

New Delhi, Feb 26: Railway Minister Lalu Prasad Yadav tables Railway Budget for the year 2007-08 amid disruption of the proceedings by the NDA over the Bofors issue in the Parliament.

Indian Railways expects Rs 20,000 cr profit in 2006-07.

Passengers traffic up 14 pc in 9 months of FY07

Freight earnings up 17 pc in 9 months.
12:17 PM 2/26/2007

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