Railway budget highlights - 3

February 25th, 2011 - 2:18 pm ICT by IANS  

Mamata Banerjee New Delhi, Feb 25 (IANS) More highlights from Railway Minister Mamata Banerjee’s budget presented in the Lok Sabha Friday:* Safety first priority; accident rate has come down.

* Decision to start pilot projects to give shelter to homeless people.

* Outlay of 57,630 crore for 2011-12, the highest investment in one year.

* Rs.10,000 crore to be raised through railway bonds.

* Pradhan Mantri Rail Vikas Yojna to be launched.

* Industrial park to be set up in Nandigram, West Bengal.

* Fund to be created for socially desirable projects.

* First coach from Rai Bareli factory in next three months.

* Work on wagon factory in Orissa to begin after land is acquired.

* Railways to set up factory in Jammu and Kashmir.

* To set up Metro coach factory at Singur, West Bengal.

* Manipur to be soon connected to railway network.

* Centre for excellence in software to be set up at Darjeeling.

* Combines strong economic focus along with inclusion.

* Develop business-oriented policies to aid industry.

* Happy to announce through 85 PPP proposals received; set up single-window system to take these forward.

* Decide to set-up rail-based industries.

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