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Archive for the 'Railway Budget' Category

Railway Budget 2010 2011 Highlights

* No increase in passenger fares and freight tariffs.
* Service charges on e-tickets reduced.
* E-ticket vans to be extended to Government Medical College Hospitals, Courts, Universities, IT hubs, IITs and IIMs.
* SMS updates of reservation status and movement of wagons.
* Ticket centres to be opened at district headquarters and village panchayats.
* 100 per cent [...]

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Highlights of Railway Budget for 2009-10

No hike in passenger fares, freight charges
Rs 1,102 crore allocated towards improving passenger amenities
Kolkata metro to be extended
Rs 50 billion increase in budgetary support in 2009-10
Freight target for 2009-10 set at 882 million tonnes
Target set in interim budget unrealistic
Freight cargo increased 5% in 2008-09
One doctor to be posted on each long distance train
Rs.25 monthly [...]

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Railway Budget to be presented on July 3

If Lalu Prasad’s railway budgets were big-bang affairs, marked by across-the-board fare cuts, chances are that Mamata Banerjee’s will be a quiet event. Except for some token reduction in passenger fares and freight concessions for a couple of sectors, the railway budget is expected to be a sober affair, minus any significant impact.
Nominal passenger [...]

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Congress-led government is ready for the month-long budget session

High on confidence, the new Congress-led government is ready for the month-long budget session of parliament beginning Thursday with the Manmohan Singh regime planning to push through crucial legislative initiatives to make its 100-day vision come true.
The railway budget will be presented by Railway Minister Mamata Banerjee July 3 and the fiscal budget by [...]

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Railway Budget : Highlights of the Railway Budget 2009-10

The Highlights of the Railway Budget 2009-10
* Fares reduced by Re 1 for ordinary trains travel costing up to Rs 50 per ticket for journey above 10 km.
* Second class and sleeper class fares cut by two per cent for tickets costing Rs 50 and more.
* A/C First Class, II and III tiers and [...]

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Railway Budget : Lalu presented the rail interim budget

Railway Minister Lalu Prasad Yadav announced the interim railway Budget in Parliament . He said the railways has managed to earn a cash surplus of Rs 90,000 crore in five years. Lalu announced that he plans to invest Rs 35,900 crore in FY10.
Lalu announced 43 new trains and an across-the-board two per cent cut [...]

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Railway Budget : Lalu likely to announce more sops for train travellers

Having presented five consecutive railways budgets between 2004- 2008 without “directly” raising fares — in fact, making conditional fare-cuts here and there — Yadav looks all set to keep his date with history when he rises to present the interim rail budget in Lok Sabha on February 13. Railway Minister Lalu Prasad is expected [...]

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Railway Budget 2008-2009 is likely to see a 6-8% cut in passenger fares

Rail Budget 2008-09 is likely to see a 6-8% cut in passenger fares across the board. This reduction will be applicable for both the lean and peak seasons. However, the fare cut for AC class travellers is likely to be graded as per the season. A senior government official said while fares for AC-3 [...]

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