Saturday, 26 February 2011

Summary of Railway budget 2011-12

The railway budget for the year 2011-12 has been presented in the parliament by the Railway Minister Mamata Bannerjee on 26th February, 2011. The important factor is that there is no increase in fare charge of freight charges and this is really a relief for the passengers and other people who can hope that there will not be a special increase of price for the necessary consumer goods due to the increase of railway charges like freight charges. Let us see the important highlights or railway budget 2011-12

Railway fare and freight charges will not be increased.

AC Double Decker services on Jaipur-Delhi and Ahmedabad-Mumbai routes

Introduction of new Super AC Class

Planning to introduce a new portal for e-ticketing to be launched shortly. Booking charges will be cheaper with a charge of only Rs. 10 for AC classes and Rs.5 for others.

Another new portal 9. Pan-India multi-purpose smart card “Go India” to be introduced

Planning to upgrade 236 stations to Adarsh Stations

Proposal of 47 additional suburban services in Mumbai and 50 new suburban services for Kolkata.

Proposal of Two new passenger terminals in Kerala and one each in Uttar Pradesh and West Bengal.

Proposal to conduct Feasibility study to raise speed of passenger trains to 160-200 kmph

There is a plan outlay of Rs. 57630 crores and this is the highest in the history of Indian Railway.

For New lines a sum of Rs. 9583 crores are separated

There is a target of 1300 km new lines, 867 km doubling of lines and 1017 km guage conversion in the year 2011-12

Introduction of 56 new Express Trains, 3 new Shatabdis and 9 Duronto trains

Special package of two new trains and two projects for the States managing trouble free run of trains throughout the year.

Sanction of Anti Collision Devise (ACD) sanctioned in 8 zonal railways.

GPS Based Fog Safe Device to be deployed.

Elimination of All unmanned level crossings.

Setting up of All India Security Help line on a single number.

In next seven years all state capitals in the North-East except Sikkim to be connected.

Proposal of a Bridge Factory in J & K and a state-of-art Institute for Tunnel and Bridge Engineering at Jammu.

Planning to set up of a Diesel Locomotive Centre in Manipur

A Centre of Excellence in Software at Darjeeling proposed under the aegis of CRIS.

Proposal of Rail Industrial Parks at Jellingham and New Bongaigaon

Setting up of additional mechanized laundry units at Nagpur, Chandigarh and Bhopal.

Concession to physically handicapped persons to be extended on Rajdhani and Shatabdi trains.

Concession of 50% to press correspondents with family increased to twice a year.

Concession of Senior Citizens to be hiked from 30 % to 40 %

The ordinary working expenses has been assessed to at Rs. 73,650 crore

An estimate of Gross Traffic Receipts at Rs.106239 crore, and it is the first time the estimate exceeds one lakh crore.

Setting up of 700 MW gas-based power plant at Thakurli in Maharashtra.

During 2011-12, 18000 Wagons to be procured.

A scheme for socially desirable projects, “Pradhan Mantri Rail Vikas Yojana” with Non-lapsable fund proposed.

A proposal of 10,000 shelter units for track side dwellers in Mumbai, Sealdah, Siliguri, Tiruchirapalli

Provision for extension of medical facilities for the dependent parents of railway employees.

An increase of the scholarship for the Girl Child of Group-D railway employees Rs.1200 per month.

Setting up of 20 additional hostels for children of railway employees

Recruitment for 1.75 lakh vacancies of Group C and D including to fill up backlog of SC/ST initiated, 16,000 ex-servicemen to be inducted by March 2011.

Creation of a separate sports cadre

2011-12 declared “Year of Green Energy” for Railways.

Freight loading of 993 MT and passenger growth of 6.4 % estimated for 2011-12.

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