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Tuesday, 26 February 2013
RAILWAY BUDGET HIGHLIGHTS 26 FEB
No increase in passenger fares (Read)
Marginal increase in reservation charges, cancellation charges
Supplementary charges for superfast trains and tatkal booking
To launch 26 new passenger trains
To launch 67 express trains
500-km new lines to be completed in 2013-14
Concessional fare for sportspersons
5 per cent average increase in freight
Diesel price hike added Rs. 3,300 crore to fuel bill of Railways
Railways hopes to end 2013-14 with a balance of Rs. 12,506 crore
5.2 per cent growth in passenger traffic expected in 2013-14
Railways’ freight loading traffic scaled down by 100 million tonnes from 1025 million tonnes because of economic slowdown
Railways to set up a Debt Service Fund
Rs. 3,000 crore loan from Finance Ministry re-paid with interest by Railways this financial year
New coach manufacturing and maintenance facilities to be set up in various places including Rae Bareli, Bhilwara, Sonepat, Kalahandi, Kolar, Palakkad and Pratapgarh
Five fellowships to be announced to motivate students
Centralised training institute to be set up in Secunderabad
Will provide better living conditions for Railway Protection Force (RPF) personnel
Seek to fill 1.52 lakh vacancies in railways this year. 47,000 vacancies for weaker sections and physically challenged to be filled up soon
Target of Rs. 4,000 crore for railway production units in 2014