25 February,2011 02:12 PM IST | | Agencies
Highlights of the railway budget for 2011-12 presented in the Lok Sabha Friday by Railway Minister Mamata Banerjee:
' No increase in fares.
' Earnings for 2010-11 set to exceed Rs 1 lakh crore.
' Working expenditure during 2011-12 estimated at Rs 87,000 crore.
' Outlay of Rs 57,630 crore for 2011-12, the highest investment in one year.
' Rs 10,000 crore to be raised through railway bonds.
' Budget combines strong economic focus with inclusion.
' Will develop business-oriented policies to aid industry.
' Happy to announce 85 PPP proposals received; set up single-window system to take these forward.
' Decided to set-up rail-based industries.
' Passing through a difficult phase; 97 per cent increase in expenditure in 2010-11 due to implementation of Sixth Pay Commission report.
' Loss of Rs 3,500 crore in 2010-11.
' Ten-year backlog of 1.75 lakh jobs being addressed; 16,000 ex-servicemen to be given jobs in railways.
' Safety first priority; accident rate has come down.
' Anti-collision device, successful in North West Frontier Railway, to be extended to three more zonal railways.
' Railways always been a soft target but law and order a state subject. If railways are blocked in one region, this has a snowballing effect in other parts of the country.
' Will add 180 km of rail lines in 2011-12.
' All-India security helpline set up.
' New Durantos to be run on Allahabad-Mumbai, Pune-Ahmedabad, Sealdah-Puri, Secunderabad-Visakhapatnam, Madurai-Chennai routes, among others.
' Rail linkage to Gujarat from Delhi-Mumbai freight corridor.
' Integrated suburban network to be set up in Mumbai, Chennai, Ahmedabad and other cities; suburban system of Hyderabad to be strengthened.
' Mumbai suburban system's EMU coaches to be increased from nine to 12.
' Pradhan Mantri Rail Vikas Yojna to be launched.
' Industrial park to be set up in Nandigram, West Bengal.
' Railways to set up factory in Jammu and Kashmir.
' To set up Metro coach factory at Singur, West Bengal.
' First coach from Rae Bareli factory to roll out in next three months.
' Work on wagon factory in Orissa to begin after land is acquired.
' Manipur capital Imphal to be soon connected to railway network.
' Centre for excellence in software to be set up at Darjeeling.
' Fund to be created for socially desirable projects.
' Central Organistaion for Project Implantation created; will create accountability for non-performance.
' Work started on two dedicated freight corridors.
' Work on upgrading 442 stations to be completed by March 31.
' Decision to start pilot projects to give shelter to homeless people living along the tracks in Mumbai.
' Multi-purpose smart card to be introduced for all-India travel.
' Airport-like trolleys to be provided at more stations.
' Railways to set up a sports cadre.
' Upgraded class of air conditioned travel to be introduced shortly.
' To adopt modern technology through centres of academic excellence.
' Train to run to Bangladesh to showcase Indian culture.
' Age for senior citizen's concession reduced to 58 from 60.
' Concession for physically handicapped and gallantry award winners for travel in Rajdhani and Shatabdi expresses.
' 50 per cent concession for mediapersons with families to be increased from once to twice a year.
