Rail
Budget 2007-08
Union Budget 07-08 |
Rail Budget 07-08 | Budget
News
Railway Minister Shri Lalu Prasad
Yadav introduced the Railway Budget 2007-08 on 26th February 2007.
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The Union Minister for
Railways, Shri Lalu Prasad arrives at Parliament House along with
his deputies Shri R. Velu and Shri Naranbhai Rathwa to present the
Rail Budget 2007-08, in New Delhi on February 26, 2007. |
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The Rail Budget 2007-08
documents brought in the Parliament premises under security, in New
Delhi on February 26, 2007. |
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The Union Minister for
Railways Shri Lalu Prasad, the Minister of State for Railways Shri
R. Velu and the Minister of State for Railways Shri Naranbhai Rathwa
surrounded by the lens men at the entrance gate of the Lok Sabha, in
New Delhi on February 26, 2007. |
OVERVIEW RAILWAY BUDGET 2007-08
Source: http://pib.nic.in
RAILWAY
BUDGET 2007-08 WEBCAST UPDATE
- Suburban rail projects will be completed on priority basis.
- Rs 5000cr will be invested in Mumbai Urban Trans Plan.
- 6000 automatic ticket vending machines in next 2 years.
- To expand capacity on 20000km of rail route.
- Facilities of hand-held computers for on-spot reservations.
- 2nd class unreserved coach number will be increased from 4 to 6.
- 6000 automatic ticket vending machines will be introduced.
- Development of 225 stations to be completed by March.
- Freight corridor to begin this year, investment Rs 30000cr.
- Tariff discount to increase high axle wagon production.
- Rail tickets to be available at petrol pumps & ATMs.
- Unreserved bogies will be having leather seats.
- Construction of dedicated freight corridor to start in 2008.
- 800 new coaches.
- The cement freight traffic surged 30 per cent as compared to 25
per cent in the period April-December last fiscal.
- Passenger traffic up 14% in Apr-Dec.
- The Return on Capital Employed (RoCE) stands at 32 per cent and
the interest surplus stands at Rs 10,227 crore.
- Facilities of e-tickets will made available.
- MST tickets will be available through internet with easy recharge
system.
- Call center and SMS services may start soon.
- Women above the age of 45 will get quota sleeper lower birth in
A.C. and sleeper class compartments.
- Students travelling for exam purpose will get 50% discount in
second class sleeper birth.
- Special arrangements for handicapped in all trains.
- Milkman and other retail businessmen will have separate
compartments in passenger trains.
- Unreserved compartments will be increased.
- Railway made high surplus without burden on common man.
- In the current year we have increased 700 compartments to
accommodate more passengers.
- Railways made Rs.20,000cr profit in FY'07.
- Rail budget starts amid chaos in the Parliament.
- The outlay for the railways in the year 2006 was Rs 23,700 crore.
- In the year 2006 the railways generated Rs 10,794 crore through
internal generation.
- Last year Shree Yadav declared "that the year 2006 will be
the year of passenger service with a smile."
- Last year passenger and freight rates were left broadly
unchanged.
- According to data, Indian Railways runs over 14,000 passenger and
freight trains and carries 15 million people every day -- it is more
than the population of Sweden and Norway combined.
- "I have tried to address the interests of all sections of
people. But if there are any shortcomings, people should tell me, I
will try to remove them in future," Mr. Yadav said yesterday.
- On the eve (Sunday) of the Rail Budget 2007, Lalu Prasad assured
that people can expect a "good Railway Budget."
- Rail Budget 2007-08 will be Lalu Prasad Yadav’s fourth
consecutive Railway Budget.
- Railway Budget 2007-08 will be presented by Railway Minister Sri
Laloo Prasad Yadav in the Parliament on 26-Feb-07 from 12 PM IST
onwards.
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