Railway Budget at a glance

Railway Budget at a glance
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First Published: Mon, Feb 26 2007. 04 54 PM IST
Updated: Mon, Feb 26 2007. 04 54 PM IST
Passenger fares
1. Sleeper class fares class cut by 4%
2. First class AC fare cut by 3% in peak season and 6% in lean season
Freight rates
1. Diesel, petrol freight rates cut by 5%
2. Freight rate on iron ore cut by 6%
Freight target
1. Freight loading target for FY08 raised to 785mt
In the pipeline
1. 32 new trains to be introduced
2. Railways to invest in container operations in a big way in the next five years
3. Big investment for 20,000 km high density network
4. Plans to start three-storey container trains
5. Lalu Prasad plans rail electrification expansion in the 11th Plan, in addition to increased IT spending
6. Plans new wagons to replace old ones
7. Plans toImprove amenities at railway stations
8. Railway tickets to be made available at petrol pumps and ATMs
9. Investment for freight corridor at Rs30,000 cr
10. About Rs5,000 cr investment for Mumbai local trains
Checking the Indian Railways coffer
1. Railways expected to make a profit of Rs20,000 cr in FY 07against Rs.14,700 cr a year before
2. Freight earnings up 17% in nine months
3. Fund balance at Rs16,000 cr
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First Published: Mon, Feb 26 2007. 04 54 PM IST
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