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Business Daily from THE HINDU group of publications Friday, July 3, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1545 hrs (IST)
Railway Budget Railway Budget highlights NEW DELHI: The Railway Budget for 2009-10 today left passenger fares and freight rates untouched, in what is seen as UPA government's return gift to the people who gave it a second straight term in office. The following are the highlights of the Railway Budget: * Passenger and freight rates across board left unchanged * Net revenue of Railways at Rs 8,121 crore in 2008-09 * To pay higher dividend Rs 5,479 crore to Centre in FY'10 * Tatkal charges reduced from Rs 150 to Rs 100 * Ladies' specials in suburban trains during peak hours * 'Izzat' monthly ticket of Rs 25 for up to 100 km travel * New coach factory at Kanchrapara in West Bengal * Cold storages for farmers to store vegetables and fruits * Talks to take over ailing wagon manufacturing units * 18,000 wagons to be acquired during current year * Railway medical colleges along with rail hospitals on PPP * Student concession will cover Madrasa students * Spl. coaches for disabled and aged persons * 50 stations to be developed on world-class standard * 375 stations to be upgraded as 'Adarsh' stations with basic facilities - drinking water, toilets and ladies' dormitories * On-board availability of doctors in long distance trains * On-board infotainment services to be provided * 6,560 staff quarters to be constructed in 2009-10 * High-capacity A/C double-decker trains to be introduced * 57 new trains to be introduced * 12 non-stop trains to be introduced * Accredited journalists to get 50% rebate; also once a year with spouse * Proposes 1,000 MW power plant at Adra, a tribal area * Cash surplus of Rs 17,400 crore before dividend * Railways has investible surplus of Rs 12,681 crore * Annual plan expenditure pegged at Rs 36,336 crore - PTI
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