Railway budget highlights - 5February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) More highlights from Railway Minister Mamata Banerjee’s budget presented in the Lok Sabha Friday.* Working expenditure during 2011-12 estimated at Rs.87,000 crore
* Passing through a difficult phase; 97 percent increase in expenditure 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.
* Airport-like trolleys to be provided at more stations.
* Railways to set up a sports cadre.
* Train to run to Bangladesh to showcase Indian culture.
* Upgraded class of air conditioned travel to be introduced shortly.
* 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.
* To adopt modern technology through centres of academic excellence.
* Work started on two dedicated freight corridors.
* Work on upgrading 442 stations to be completed by March 31.
* Safety first priority; accident rate has come down.
* Decision to start pilot projects to give shelter to homeless people.
* 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.
* 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 Rae 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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Tags: accident rate, coach factory, dedicated freight, excellence work, homeless people, indian culture, jammu and kashmir, lakh jobs, Lok Sabha, mamata banerjee, north west frontier, pilot projects, rae bareli, railway budget, railway minister, railway network, singur west bengal, sixth pay commission report, soft target, state subject