home page 






    budget special    introduction | budget basics | budget glossary |budget highlights                                                                             previous economic survey | previous union budget | previous railway budget

For Indian Union Budget 2009-10 .... Click here
For Indian Economic Survey 2008-09 .... Click here

Indian Railway Budget 2009-2010
(July 03 2009)


Other important announcements

• Setting up of an expert committee headed by Shri Sam Pitroda to suggest innovations to utilize optic fibre cable network of Railways and take information technology to door steps in remote areas.

• Project Monitoring Committee for developing mechanism to avoid slippage in project delivery. Special monitoring for National Projects.

• Railways to come out with white paper on organizational, operational and financial status based on last five years performance and develop Vision-2020 with long and short term strategy and plan of action.

• Modernization of select railway printing presses. Offer for takeover of heritage institution Basumati Sahitya Mandir, for revival.

• Takeover of Units of Burn Standard and also Braithwaite under consideration.

• Revision in Tatkal Scheme to make it more user friendly. Advance booking period reduced. Minimum charge reduced to Rs. 100.

• No increase in passenger fares and freight tariffs.

Landmark initiatives

• Dedicated Freight corridors declared ‘Diamond Rail Corridors’.

• Foundation being laid for development of Eastern Industrial Corridor alongside the Eastern Freight Corridor.

Railways’ land banks to be productively utilized to catalyze development in this corridor.

Investment in rolling stock production and assembly facilities proposed for development of rail based industrial cluster drawing upon advantage of proximity to mines, labour force and metal works market.

• Setting up of a new factory at Kanchrapara-Halisahar Railway Complex with annual capacity of 500 EMU/MEMU and Metro coaches in Joint Venture/Public-Private Partnership mode.

• Proposal to initiate action for setting up 1000 MW power plant with Ministry of Power, at Adra, in under developed tribal area.

• State of the art training facilities proposed at Dankuni for young artisans and supervisors, thereby contributing to national talent pool.

Safety and Security

• Timely track renewal, modernization of signals, use of digital ultrasonic flaw detectors etc.

• Integrated Security Scheme to be introduced at 140 vulnerable and sensitive railway stations.

• Women RPF squads for security of women passengers

Freight and Parcel Business

• Premium service for container movement with assured transit time being considered.

• Private ownership of special purpose rolling stock for commodities and private operation of freight terminals will be encouraged.

• Mega logistic hubs being planned alongside Eastern and Western Dedicated Freight Corridors.

• Kisan-Vision project – Running special trains from production clusters to consumer centers for perishable products like fruits and vegetables to reduce wastage and also for village handicraft, cottage industry & textile products to increase outreach and access to new markets for rural produce. Temperature controlled cargo centres to be encouraged.

• Premium Parcel Services named Faster Parcel Services on pilot basis on three routes to run with guaranteed transit time from dedicated terminals.


Interim Indian Railway Budget 2009-2010

Indian Railway Budget 2008-2009

Advertise | Book Store | About us | Contact us | Terms of use | Disclaimer

© Banknet India | All rights reserved worldwide.
Best viewed with IE 4.00 & above at a screen resolution of 800 x 600 or higher