Railway Budget 2011-12: The highlights
- Got 85 proposals for PPP
- High demand for coach, wagons can’t be met immediately
- To set-up single window for PPP approval
- To set-up rail-based industries for passenger coaches
- Giving economic share to industrials to invest in rail
- Some rolling stock materials not available
- Have to depend on imports for rolling stock material
- To set up coach factory in Palaghat
- To set up metro coach factory in Singur
- To set-up diesel locomotive centre in Manipur
- Imphal to be connected with rail network soon
- To set up new coach factory at Kolar via PPP or JV
- To set up two more wagon units under JV mode
- To set up two more wagon units in Kerala
- To set up rail industrial park at new Bongaigaon, Nandigram
- To set up 700 MW gas-based power plant in Maharashtra
- Planning 1320 MW thermal power plant in Agra
- To set up 1300 MW thermal power plant in AP
- Aiming 700 km of annual rail line addition as compared to the current 150 kms
- Working on 1000 MW captive power plant in Bihar
- To build new rail line capacity of 700km versus 180km a year
- To raise Rs 10,000 crore via tax free bonds
- Annual plan for FY12 at Rs 57,630 crore
- Annual gross budgetary support at Rs 20,000 crore
- Market borrowing at Rs 20,594 crore
- Rs 13,824 crore for acquisition of rolling stock
- Doubling spend on gauge conversion to Rs 2,470 crore
- To spend Rs 9,583 crore for new line in FY12
- To create fund to implement socially desirable plans
- Railways earnings likely to exceed Rs 1 lakh crore
- Three railway zones to implement anti-collision devices
- To construct 172 rail over bridges in FY12
- To do away with all unmanned rail crossings in FY12
- Started e-procurement system to ensure transparency
- Saved Rs 300 crore on rail re-alignment
- To give 12,000 acre for dedicated freight corridor
- 442 station up-gradation to be completed by March
- To cut booking charge on AC to Rs 10 versus Rs 20
- Freight loading aim at 993 million tonne in FY12
- Wagon procurement target at 18,000 units in FY12
- To launch nine new Duranto, three Shatabdi trains
- To introduce 56 new express trains
- Frequency of 17 trains to be increased
- To fill up 13,000 RPF jobs
- FY12 operating ratio pegged at 91.1%
- Lost Rs 2,000 crore in FY11 on iron ore export curbs
- Disruption cost Rs 1,500 crore loss in FY11
- Railways saved Rs 3,700 crore due to austerity steps
- Operating ratio excluding pay panel arrears at 84% now
- Double-stack container train from Gujarat to Gurgaon
- Railway earnings set to top Rs 1 lakh crore mark in FY12
- Expect railways financial health to revive in FY12
- To see Rs 5,260 crore savings in FY12
- See Rs 5,258 crore excess funds with railways in FY12
- Freight target reduced by 20 million tonne to 924 million tonne
- To complete 1,075 km new rail lines in FY12
- Aim to complete dedicated freight corridor by December 2016
- Concession for women senior citizen cut to 58 years versus 60 years
- To double-line 867 km of rail tracks in FY12
- To up capacity of 107 Mumbai local trains.
Source: Fwd Mail
