Railway Budget Highlights

Railway Budget Highlights

*No increase in passenger fares

*No increase in freight rates

*55 New trains, 37 trains extended

*550 km of new lines to be added in 2006-07

*Number of coaches in 190 trains to be increased

*1,100 km of gauge conversion, 435 km of doubling

*’A’ & ‘B’ category stations to be made model stations


*Fare cut in 1st class AC passenger by 18%

*Fare cut in 2nd class AC passenger by 10%

*Fare cut in 3rd class AC passenger by 25%

*Fully AC 'Garib Rath' to run on a pilot project basis

*Fares in 'Garib Rath' to be 25% lower than AC-III tier.

*Charges leviable on issue of E-tickets reduced

*50% concession in fares to farmers, milk producers

*50% concession to handicapped people


*Rs 22,000 crore for dedicated freight corridor

*Double stack container train to be launched in March

*Private container trains to be allowed by March 31

*Diesel, petrol freight charges down by 8 per cent

*Dynamic pricing policy for freight introduced

*30% discount during non-peak, 20% in peak season on incremental freight

*Freight loading target for 2006-07 at 726 million tonnes

*Freight revenues to be Rs 40,320 crore in 2006-07


*Journey time of Rajdhani, Shatabdi to be reduced

*Upgradation of lower class passengers to higher class

*’Jansadharan ticket booking scheme’ to be launched

*’Gramin ticket booking service’ for rural youth

*200 Mail/Express trains to be made Superfast

*ATMs, cyber cafes to be provided at major stations

*All-India rail timetable to be reworked

*200 automatic ticket vending machines in Mumbai to be set up

*Railway protection force for the security of women


*Passenger revenues to be Rs 16,800 crore in 2006-07

*Largest ever plan outlay of Rs 23,475 crore

*Outlay includes Rs 7,511 cr from central exchequer

*Outlay includes Rs 10,794 crore from internal resources

*Outlay includes Rs 5,170 crore from extra budgetary funds

*Rationalisation of goods tariff to continue

*Number of commodity groups to be reduced from 80 to 28

*Fund Balance increases to Rs 11,000 cr
 
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