Annual Rail Budget 2001-02,Anuual Railway Budget of India 2001,Railway Annual Plan 01-02,Yealy Railway budget 2002

Rail Budget 2001-2001 Highlights

PART - I

KONKAN RAIL CORPORATION

Earning of KRC in 2000-01 expected to be 30% higher than last year

Railways to continue assisting the Corporation

METROPOLITAN TRANSPORT PROJECTS

Following lines commissioned

Belapur-Panvel line commissioned for commuter traffic

5^th line between Santa Cruz-Andheri

Dum Dum - Tala section already electrified

Electrification of Ranaghat-Gede also completed

Ranaghat-Bongaon will be completed within this year

Link proposed between Ultadanga and Rajarhat to connect Dum Dum airport to Titagarh in the North and Garia in the South

MOU signed between Govt. of Andhra Pradesh and Indian Railways for strengthening the existing suburban infrastructure and services in the city of Hyderabad.

PRODUCTION UNITS

During 1999-2000 - all Production Units achieved targets

RCF, Kapurthala and WAP, Bangalore receive ISO 14001 certification for Environmental Management Standard Systems.

RCF, Kapurthala bags prestigious Golden Peacock Environment Management Award

RCF bags order for export of 72 MG bogies to Vietnam

DLW, Varanasi bags order for 12 diesel locos from Bangladesh and Sri Lanka

CLW manufactures 'Navbharati' - a new WAP-7 loco which can haul 26 coach train at a speed of 140 kmph

PSUs

Performance of the Public Sector Undertakings satisfactory in 1999-2000

IRCON International Ltd. - turnover Rs 538 cr; net profit -Rs 47 cr; dividend -Rs 11.38 cr.

Rail India Technical and Economic Services (RITES) - highest ever turnover of Rs 172 cr; net profit - Rs 16 cr; dividend - Rs 3.20 cr.

Container Corporation of India Ltd. (CONCOR) - turnover - Rs 832 cr; profit - Rs 178 cr; dividend - Rs 36 cr

Indian Railway Finance Corporation - net profit - Rs 301 cr; mobilised Rs 2,836 cr. from market to supplement plan resources of IR; dividend - Rs 65 cr.

ANNUAL PLAN 2001-02

Plan kept at Rs 11,090 cr despite no increase in Budgetary Support - an increase of 11% over revised plan outlay of Rs. 10,002 cr for 2000-01

Budgetary Support at Rs. 3,540 cr; market borrowings placed at Rs 4,000 cr. Balance Rs 3,550 cr to be met through combination of normal internal resources, non-traditional revenues and contribution from General Revenues for Railway Safety Works.

Thrust of Annual Plan on safety, capacity augmentation and improving passenger amenities.

Allocation for New Lines increased to Rs 1015 cr from Rs 702 cr in Revised Estimates; Passenger Amenities planhead provided Rs 200 cr against Rs 144 cr in Revised Estimates; Track Renewal planhead gets Rs 2,050 cr against RE of Rs 1,633 cr - an increase of 26%

Highlights

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