Railway
Minister Lalu Prasad Yadav presented the Railway Budget for 2005-06 in Parliament
on Saturday.
-
No hike
in rail passenger fares
-
Freight
rates remain unchanged
-
Plan
to modernise and expand rail services
-
Rail
freight up 7.67%
-
Railways
regain share of freight market
-
Freight
growth higher than economic growth
-
8% growth
in passenger fare income
-
Freight
target: 600 mn tonne
-
Earning
target: Rs 30,450 crore
-
To carry
43 mn ton more freight in FY06
-
Revenues
steady in FY06
-
Private
participation to be encouraged
-
Double
538 Kms of rail lines in FY06
-
FY06
gauge conversion target 935 Kms
-
46 new
trains announced.
-
27 trains
get extension
-
10 trains
of higher frequency
-
Parcel
rates kept unchanged
-
Freight
for kerosene to be cut by 3.7%, LPG to be cut by 2.7%.
-
Plan
to work on 150 kmph train between New Delhi & Howrah,
Chennai
-
Passenger
traffic expected to rise 4%
-
Good
tariff to be made simple, rational and transparent
-
Private
participation to be encouraged
-
Ticket-
booking on Internet: Timings to be increased to 4.00 am to 11.30 pm from
8.00 am to 10. pm currently.
-
Railways
to commercially develop rail land near major stations.
-
Surplus
of Rs 6963 crore
-
IRFC
to borrow Rs 3,400 cr in FY06
-
Private
participation to be encouraged
-
FY06
gauge conversion target 935 Kms
-
Double
538 Kms of rail lines in FY06
-
Spot
booking of vacant berths to be allowed
-
Rs 3645
cr of Safety Fund to be spent this year
-
Rs 6504
cr from Railway Safety Fund spent last year
-
New
trains: Daily Chennai-Egmore-Secunderabad Express
-
Lalu
proposes double-decker containers
-
Will
allow private container companies to operate
-
Rural
children: 75% discount on second class fare
-
Gross
traffic receipts to rise from Rs 44902 cr to Rs 46785
cr
-
538
km of rail lines to be doubled in FY06
-
Farmers,
milkmen to be given 50% discount on second class
rail
fare
-
Gross
traffic receipts for FY06 seen at Rs 50,970 cr
-
Railways
double collection of arrears in FY05
