Indian Union Railway Budget 2008-09 HIGHLIGHTS!!

Lalu Prasad yadav presented a traveller friendly railway budget yet again.
Highlights of the Union Railway Budget 2008-09 are:

• Overhead foot bridges at 195 stations and lift & escalator facilities in 50 stations
• LED display boards to be introduced
• To have online control of trains in 2009
• New stainless steel coaches on all Rajdhani trains to begin with, to be extended to all trains from 2009
• Many low and medium level platforms to be upgraded to high level
• Smart card-based ticket system on anvil
• Railways to start production of stainless steel coaches beginning 2008
• Hiked peak season rates on freight
• Railways to invest Rs 4,000 cr to add discharge-free green toilets in 36,000 coaches
• Opening of 15,000 Railway ticketing counters in next 2 years
• Tickets through mobile phones on anvil
• By 2009 call centre based inquiry services to be unveiled
• Issuance of wait-listed e-tickets to be allowed
• April-December freight loading revenues up 8%-10% at Rs 34,700 cr
• Revenue from passenger fares increased 14%
• Railway fund balance up at Rs 20,480 cr
• Dividend of Rs 88
• Operating Ratio reached 76 %
• Additional Rs 2000 cr earnings from freight services
• Cash surplus of Rs 25,000 cr in FY08
• 6000 auto-ticket sale machines by 2009
• See excess freight loading target of 310 mn in next 4 years
• Plans for 20,000 kms high-density network
• Coal freight loading seen at 336 mn tonnes
• To upgrade infrastructure in next 7 years at an investment of Rs 75,000 cr
• Steel industry to contribute 200 mn tonne tariff per year in 2011-12 from existing 120 mn tonne
• Steel coaches move to benefit JSW STL, Tata Steel, BEML, Texmacho
• 40 container terminals to be added
• Axel load trains to be started
• 200 mn loading target for cement industry in 2011-12
• 50 big terminals planned in places like Mumbai, Pune, Ghaziabad
• Automated signalling to get a boost
• Railway Minister unveiled new wagon leasing policy
• Bulk handling terminals to be unveiled
• 2000 new wagons to be added by 2009
• Delhi-JNPT-North freight corridor announced
• Concor to set up 8 depots
• No peak season surcharge on CEM transport to benefit MMPC
• Titagarh Wagons to gain from 2,000 new wagons
• PPT model with Rs 1 lakh cr investment for multi-model logistic parts
• Freight corridor to benefit Kalindee Rail
• TCS, Wipro, Satyam in foray for railway upgradation
• CCTV, metal detectors to be put up at railway stations
• Fire detection systems to be installed on trains in phased manner
• Anti-collision devices to be extended to entire railways
• All busy unmanned level crossings to be manned
• Concession from 30-50% in passenger fares in all clases for woman senior citizen
• Free MST for girl students upto graduation, boy students upto 12th
• Special concessions for AIDS patients
• Mother-Child Health Express for mobile healthcare services to mothers and children
• PPT schemes through competitive bidding to attract investment in 5 years
• 5,700 vacant posts of RPFs to be filled
• New rail coach factory in Kerala
• Chapra to get Rs 40,000 cr investment for wagon maintenance facility
• Wagon factories at Mokama and Muzaffarpur to be transferred to Indian Railways
• Railway PSUs earned a net profit of Rs 1,360 cr
• 10 new Garib Raths announced, 16 trains to be expanded and frequency of 11 trains to be increased
• New train: Chennai-Tiruchendur Express
• New train: Amravati-Mumbai Express
• Garib Rath: Delhi-Jaynagari
• Garib Rath: Jabalpur-Mumbai
• Garib Rath: Jammutavi-Kathgin
• Garib Rath: Bangalore-Kochiveli
• Garib Rath: Varanasi-Delhi
• Garib Rath: Pune- Nagpur
• Garib Rath: Yaswantpuri-Puducherry
• Garib Rath: Delhi-Jaynagari
• New train Amritsar- Kochuveli Express
• New train Malda-Patna Express
• New train Kamakhya-Gandhidham Express
• New tain Ranchi-Chopan Express
• New train Saharsha- Janasebharan Expess
• New train: Bhubaneshwar-Mumbai Express
• New train: Chennai-Tiruchendur Express
• New train: Amravati-Mumbai Express
• Garib Rath: Delhi-Jaynagari
• Phase 2 of Mumbai urban transport service to begin with investment of Rs 5,000 cr
• Target for doubling is 1000 kms in 08-09
• 2300 kms broad gauge lines to be completed this year, target for next year is 3500 kms
• 155 kms of new lines to be completed in 2007-08 , target for 2008 -09 is 350 kms
• Special train between Pune and Delhi for Commonwealth Youth Games between Oct 12-18
• New investments of Rs 35,500 cr for 2008-09
• Outlay for doubling work increased to Rs 2,500 cr
• Construction of railway line in Kashmir valley to be completed by 2009
• Non-lapsable North-East rail development fund to be created