Railway budget highlights - 5

February 25th, 2011 - 4:56 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.* 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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