Indian Railways minister Mamataa Banerjee presented her third annual budget for state-run Indian Railways in Parliament on 2011 February 25. Following are highlights from the budget:
* No increase in fares.
* Earnings for 2010-11 set to exceed Rs.1 lakh crore.
* Working expenditure during 2011-12 estimated at Rs.87,000 crore.
* 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.
* Budget combines strong economic focus with inclusion.
* Will develop business-oriented policies to aid industry.
* Happy to announce 85 PPP proposals received; set up single-window system to take these forward.
* Decided to set-up rail-based industries.
* Passing through a difficult phase; 97 percent increase in expenditure in 2010-11 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.
* Safety first priority; accident rate has come down.
* 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.
* New Durantos to be run on Allahabad-Mumbai, Pune-Ahmedabad, Sealdah-Puri, Secunderabad-Visakhapatnam, Madurai-Chennai routes, among others.
* Rail linkage to Gujarat from Delhi-Mumbai freight corridor.
* Integrated suburban network to be set up in Mumbai, Chennai, Ahmedabad and other cities; suburban system of Hyderabad to be strengthened.
* Mumbai suburban system's EMU coaches to be increased from nine to 12.
* Pradhan Mantri Rail Vikas Yojna to be launched.
* Industrial park to be set up in Nandigram, West Bengal.
* Railways to set up factory in Jammu and Kashmir.
* To set up Metro coach factory at Singur, West Bengal.
* First coach from Rae Bareli factory to roll out in next three months.
* Work on wagon factory in Orissa to begin after land is acquired.
* Manipur capital Imphal to be soon connected to railway network.
* Centre for excellence in software to be set up at Darjeeling.
* Fund to be created for socially desirable projects.
* Central Organistaion for Project Implemtaiton created; will create accountability for non-performance.
* Work started on two dedicated freight corridors.
* Work on upgrading 442 stations to be completed by March 31.
* Decision to start pilot projects to give shelter to homeless people living along the tracks in Mumbai.
* Multi-purpose smart card to be introduced for all-India travel.
* Airport-like trolleys to be provided at more stations.
* Railways to set up a sports cadre.
* Upgraded class of air conditioned travel to be introduced shortly.
* To adopt modern technology through centres of academic excellence.
* Train to run to Bangladesh to showcase Indian culture.
* Age for senior citizen's concession reduced to 58 from 60.
* Concession for physically handicapped and gallantry award winners for travel in Rajdhani and Shatabdi expresses.
* 50 percent concession for mediapersons with families to be increased from once to twice a year.
First coach from the new rail factory at Rae Bareli to roll out in next three months
Track-machine industry to be set up in Uluberia in West Bengal
A 700 MW gas based power plant to be set up at Thakurli in Maharashtra
Proposal to set up metro coach factory near Singur in West Bengal
Railways to set up a bridge factory in Jammu and Kashmir considering need for large number of bridges on railway projects in the state
Tax-free bonds for 100 billion rupees to be issued by IRFC in 2011/12
Greater thrust on new lines next year
Additional Rs 10,000 crore will be raised through tax free bonds
Propose to set up new railway lines in difficult, underpriviledged areas
Setting up funds for social sector projects
New 700 km rail track to be laid down
Number of trains increased from 16100 last year to 18000 this year
Three more railway zones to have anti-collusion device. This will further reduce the rail accident
Propose to remove all un-manned crossings across the country.
Anti-collision devices to be commissioned in three railway zones including South and South Central soon.
Track-machine industry to be set up in Uluberia in West Bengal.
Rail accident rate declines from 0.29 per cent last year to 0.17 per cent now.
Special incentives for states that run trouble-free railways
Multi-purpose smart card for passengers on travelling long distance to be introduced (ANI)