Indian Railway Budget Highlights

 

Indian Railway Budget announcing today

see here: http://www.merinews.com/campaign/railway-budget/index.jsp

Highlights:

1100 kms of rail lines re-laid,
Ludhiana-Kolkata freight corridor to be ready this month,
To spend Rs 37,900 crore in FY10,
Railways managed 8 per cent growth in freight loading in five years,
Freight rates remain unchanged,
Ludhiana-Kolkata freight corridor to be ready this month,
To spend Rs 37,900 crore in FY10,
Delhi-Mumbai freight corridor work has begun,
Railways to introduce high capacity wagons,
Freight capacity up by 78%,
Railways raised $ 100 million at 4% interest,
Kolkata Metro will be expanded,
Steps to have railway connectivity to Kashmir initiated,
Rail accidents have come down to 195 in 2007-08 from 325 in 2003-04,
Railways has generated cash worth Rs 90,000 crores in last five years,
Railways has reached new heights: Lalu,
First class A/C fares cut by 7%