- No fare hike for passengers.
- Presenting new trains for Vivekananda, Tagore birth.
- Introduction of 3 new Shatabdis on Pune-Secunderabad; Jaipur- Agra and Ludhiana-Delhi routes.
- Recruitment of new staff of Group 'C' and 'D' to fill up backlog of SC/ST and 16,000 ex-servicemen by March 2011. 20 hostels for children of railway employees.
- Establishment of 1300 MW thermal power plant in AP.
- Establishment 1320 MW thermal power plant in Agra.
- Indian railways to invest 576.3 billion rupees for the financial year 2011-12.
- Increased EMU coaches (from 9 to 12) of Mumbai suburban system
- New coach factory to come up in Kolar via PPP Or JV.
- Railway system to ensure more transparency.
- 9 new Duronto trains to be introduced;2 new double decker train services.
- 17 trains with increased frequency.
- Gauge conversion expenditure to double.
- Start up of 40 new routes covering 1075 km.
- Increase in operation cost of Railways.
- Concession for senior citizens increased to 40 percent, handicap in Rajdhani & Shatabdi express.
- Introduction of 3 new Shatabdi trains in FY 12.
- Scholarship scheme for low income group.
- Introduction of trolleys at railway stations.
- Railway liabilities increased due to 6th pay commission arrears.
- Online ticket booking to get cheaper.
- Revival phase for Indian Railway.
- Upgrading 442 stations by March 31.
- 180 km of rail lines to be added in 2011-12.
- Larger scheme for current railway employees.
- Scholarship schemes for children of railway employees raised to Rs 1200.
- Ticket booking charges reduced; Rs 10 for AC and Rs 5 for non AC.
- Railways introducing 16000 ex-servicemen from March 2011.
- New passenger terminals in Kerala.
- User friendly stations for physically challenged.
- 'Go India' smart card for buying long distance travel tickets on pilot basis.
- Mamta : Green energy, green year, green environment with railways.
- Railways to collaborate with major technology and IT institutes for new technology upgradation in railways.
- Special package for states running problem free railways; provide 2 new trains for good performance.
- Anti-collusion device for three railway zones to minimize rail accidents.
- Increased number of trains-from 16100 to 18000.
- Railways to provide 10000 shelter to poor.
- 57,630 crore investment plan this year.
- New railway lines to emphasize on under developed areas.
- New railway lines in Manipur.
- Pradhan Mantri Railway Vikas Yojna with new projects
- 700 mw captive gas power plant to be introduced for railways
- Pilot projects in suburban region.
- 700km expansion of railway line.
- Railway factory to be set up in Jammu & Kashmir, Metro coaches factory in Singur.
- The first Rae Bareilley coach to start in next three months.
- Set up new railway at Bongaigaon.
- A vision of railway based industries by 2020.
- The budget to give common mans face.
- Equal focus on common mans need and economy.
- Mamta:Ministry is aware of the social responsibilities.
- Railway services equivalent to emergency services.
- Mamata Banerjee presents Rail Budget 2011-12 in Lok Sabha.
- As per sources, out of 40 pet projects of Mamta Banerjee which she is supposed to announce in the budget, 14 have been accepted by the commission.
- Nitish Kumar demands the railway minister to introduce a high speed Duranto Express between Bihar and New Delhi.
- Address the staff shortage issue;Recruitment of new railway staff.
- Investors to benefit from rail stocks.
- More RPF personnel recruitment for security.
- Nominal Tatkal rates.
- Tax free bonds to be increased to 10,000 crore to improve railway infrastructure.
- CPI-M; No hopes from railway budget.
- Introduction of SMS service to lodge complaints.
- TPWS and ACD to be installed.
- Revised incentives to maximize private participation.
- More transport system between Secunderabad and Hyderabad.
- 86 new passenger trains expected.
- Super class division to challenge airlines.
- For the North Eastern region; a brand new diesel loco shed is expected to come up in Assam.
- Likely to add more Duronto services from Guwahati to New Delhi and Howrah.
- Railway Budget 2011 to be presented at 12 noon.
- The budget unlikely to favor the expected budget of 39,600 crore.
- Might add 100 new trains.
- For political reasons; West Bengal likely to get more benefits of new trains.
- New projects to create more employment which will again be beneficial for the coming election.
- Safety concern to be addressed; proposed for technology up gradation.
- Fare to remain the same to remove common mans financial burden.
- Mamata Banerjee has reached Parliament.
- Mamata says: Railway budget will be devoted to the common man.
Current Market View
Sunday, February 27, 2011
Railway Budget 2011-12: The highlights
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