Highlights of Railway Budget 2008-09

February 26th, 2008 - 2:58 pm ICT by admin  

(Third Lead)

New Delhi, Feb 26 (IANS) Following are the highlights of the Railway Budget 2008-09, presented in the Lok Sabha Tuesday by Railway Minister Lalu Prasad: Wait-listed e-tickets to be introduced

15,000 automated ticket machines by 2009

Smartcard technology for ticketing system

Rs.40 billion to be spent on green toilets

More trains in peak season

Rajdhani and Shatabdi trains to have new coaches by 2011

Rs.250 billion in profits in 2007-08

New earnings of 21 percent in 2007-08

Rs.300 billion to be spent on network expansion

Rs.492.50 billion invested in new projects

Cash surplus in 2007-08 at Rs.250 billion

Operating ratio a favourable 76 percent

Additional Rs.200 billion earned on freight services

790 tonnes payload or weight per freight train target achieved

Payload to go up 78 percent by increasing wagons to 58 from 40

15,000 freight wagons to be added

470 engines to be added in 2008-09

Leasing of wagons introduced to facilitate business

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